Completion of the reviews would unlock about $28 million in new financing, with growth projected at 5.1% in 2026 and 2027 Staff of the International Monetary Read More
Tags :Global Business Magazine
Finance
IMF announces departure of deputy managing director Bo Li, proposes China’s Min Liao as successor
Li will leave on November 30 at the end of his term; Liao, currently China’s Vice Minister of Finance, would take up Read More
The “The UAE. A Closer Look” initiative sent photographers to capture an emirate that is stepping further into the spotlight Huawei and Read More
Even though flows are now below 2 million barrels per day (bpd), the daily moving average remains at 4 to 5 million bpd, implying that Read More
Financial Services
Retailers in the UAE will have 24 hours to clear counterfeit products under the recently passed Anti-Commercial Fraud Law
A total of 10,023 inspection rounds were held as part of the crackdown on commercial fraud in the first quarter of 2026 There is Read More
Business
Honda is the world’s first company to be awarded the five-star rating by the FIA Road Safety Index
Honda has a five-star ranking on the FIA Road Safety Index owing to its global dedication to safe mobility and various safety Read More
Real Estate
Property prices in Yas Island and Al Reem apartments climb 18% amid a booming real estate market in Abu Dhabi
A report by Knight Frank found that waterfront communities remained among the top-performing residential sectors The prices of apartments on the Yas Read More
Occupier leases increased by 4% in Q2, with small-sized leases dominating, whereas postponement prevailed among large-sized office requirements The office market in Dubai Read More
Business
stock exchange
Bulls run rampant amid a quarter in which oil prices dropped by the largest margin in years, along with gold
An endless rally in AI stocks continued to keep the momentum going for the quarter, which saw South Korea’s KOSPI rise 68% Read More
Real Estate
Contractors bear the brunt of rising costs amid Hormuz Strait disruption, according to the UAE’s credit rating agency, Moody’s
Developers continue construction of 2026 and 2027 delivery projects despite the 20-25% increase in imported material prices due to fixed price contracts Despite the Read More
