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Islamic financial assets increased by 20% in Qatar

Global Business Magazine June 30, 2022

Islamic financial assets in Qatar increased by 20% TO $172 billion in 2021, with Islamic banks accounting for 87% of these assets, followed by Islamic Sukuk (11.6%) Read More

Energy Featured News Regional

Operations begin at Al Taweelah independent water and power project

Global Business Magazine June 30, 2022

Al Taweelah IWP), the world’s largest reverse osmosis water desalination facility, has become operational in Abu Dhabi a couple of days Read More

Business Featured News Regional

More than 1600 African companies registered with Dubai chambers since Oct 2021

Global Business Magazine June 30, 2022

Dubai Chambers, a non-profit organization, has revealed that more than 1,600 new African companies have registered with them since October 2021, growing 6.5% to reach 26,420 Read More

Economy Featured News Regional

Bahrain’s economy recovering, says its central bank

Global Business Magazine June 30, 2022

In an indication of economic recovery, the Central Bank of Bahrain (CBB) has said that loans and credit facilities rose 5.7% in Bahrain Read More

Banking Featured News Regional

ADIB launches plot finance scheme

Global Business Magazine June 30, 2022

The Abu Dhabi Islamic Bank (ADIB) on Wednesday announced the launch of its first-ever plot financing offering. The scheme enables customers to Read More

Technology Featured News Regional

Dubai to develop most efficient a/c system in the world

Global Business Magazine June 29, 2022

Strata Manufacturing, a UAE-based Digital Factory pioneer along with Hyperganic, an AI-based engineering platform company with offices in Germany and Singapore, on Read More

Economy Featured News Regional

His Highness Sheikh Hamdan Launches the Initiative “Dubai Global”

Global Business Magazine June 28, 2022

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Council, on Tuesday Read More

Energy News World

Oil extends gains as major producers flag capacity limits

Global Business Magazine June 28, 2022

Oil prices rallied for a third day on Tuesday as major producers Saudi Arabia and the United Arab Emirates looked unlikely to Read More

Technology News World

Japan’s state-backed JIC hires SMBC Nikko for potential Toshiba deal -sources

Global Business Magazine June 28, 2022

State-backed Japan Investment Corp (JIC) has hired SMBC Nikko Securities as its financial adviser for its pursuit of a potential equity investment Read More

Finance News World

Morning Bid: The Sintra stage

Global Business Magazine June 28, 2022

The Portuguese village of Sintra has been the scene of momentous speeches by European Central Bank policymakers. They include Mario Draghi's hawkish Read More

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