GDP - Global Business Magazine

US-Saudi Arabia sign 18 agreements during President Biden’s visit to

Global Business Magazine July 18, 2022

The Ministry of Investment of Saudi Arabia (MISA) facilitated the signing of 13 investment agreements with a range of leading US companies on Read More

Economy Featured News Regional

In the first quarter of this year, Dubai’s GDP increased

Global Business Magazine July 15, 2022

The emirate's GDP increased 5.9% to AED 102 billion ($27.8 billion) in Q1 2022, according to Sheikh Hamdan bin Mohammed bin Rashid Al 0, Crown Prince and Read More

Finance Featured News Regional

Oman Investment Authority earns 10.3% in annual returns from 40

Global Business Magazine July 14, 2022

The average annual returns from the investments made in 40 countries was more than 10% till December 2021, the state-backed Oman Investment Authority (OIA) said Read More

Business Featured News Regional

DP World’s Imperial acquires major stake in Africa FMCG Distribution

Global Business Magazine July 13, 2022

Imperial, owned by DP World, on Tuesday announced the strategic acquisition of a controlling stake in Africa FMCG Distribution Ltd (AFMCG). The Read More

Economy Featured News Regional

Saudi Arabia’s tourism to gain fastest growth in the Middle

Global Business Magazine July 8, 2022

The UK-based World Travel & Tourism Council (WTTC) has said the Travel & Tourism sector in Saudi Arabia is expected to grow at an Read More

Economy Featured News Regional

Middle East economy poised for growth this year, says ICAEW

Global Business Magazine July 7, 2022

The latest Economic Insight report for the Middle East, commissioned by ICAEW and compiled by Oxford Economics, has revealed a positive regional Read More

Economy Featured News Regional

UAE plans to offer Dual-Tranche USD bonds soon

Global Business Magazine June 24, 2022

The UAE’s Ministry of Finance on Thursday announced its plans to issue a dual-tranche US Dollar benchmark size bonds of $500 million Read More

Business Energy Featured News Regional

ADNOC attracted $65 billion in FDI since 2016

Global Business Magazine June 20, 2022

As the world increasingly needs more energy with lower emissions, top tier investors from around the globe have been drawn to Abu Read More

Economy Featured News Regional

In 2022, the UAE will continue to be the most

Global Business Magazine June 16, 2022

The UAE remains the most competitive economy in the Middle East and North Africa (Mena) region 2022, according to the IMD World Competitiveness 2022 Read More