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Middle East’s SWFs consider various options re-allocate their assets

Global Business Magazine August 2, 2022

The Sovereign Wealth Funds (SWFs) in the Middle East region are looking at various options in their asset allocation due to spiralling Read More

News Economy Featured Regional

Saudi Arabia’s mineral sites could fetch $1.33 trillion if tapped

Global Business Magazine August 1, 2022

Undersecretary of the Saudi Arabia’s Ministry of Industry and Mineral Resources Saleh Al-Aqili said that the Kingdom’s mining strategy aims Read More

Banking Featured News Regional

UAE banks’ assets Increase to $910 billion by May 2022

Global Business Magazine August 1, 2022

The Central Bank of the UAE (CBUAE) on Monday said that the total assets of the UAE banks increased to $940 billion at Read More

Finance Featured News Regional

UAE markets add over $146.20 billion between January and July 2022

Global Business Magazine August 1, 2022

Supported by strong gains for listed shares, increasing demand from international investors, in addition to new listings, the UAE stock markets added Read More

Energy Featured News Regional

Second natural gas discovery in Abu Dhabi offshore block 2 exploration announced

Global Business Magazine July 30, 2022

Abu Dhabi National Oil Company (ADNOC) on Friday announced a second discovery of natural gas resources in the first exploration well in Read More