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

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

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

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

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

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

High global energy prices to boost GCC economies

Economy Featured News Regional

High global energy prices to boost GCC economies

Global Business Magazine July 29, 2022

The economies of the six-member Gulf Cooperation Council (GCC), have been experiencing an upturn since the second quarter of 2021, owing in part Read More

Dubai ranked first globally in attracting FDI into tourism in 2021

Economy Featured News Regional

Dubai ranked first globally in attracting FDI into tourism in 2021

Global Business Magazine July 29, 2022

Dubai retained its top rank worldwide for attracting foreign direct investment (FDI) into tourism in 2021.Read More

Real Estate to grow rapidly in Saudi Arabia and UAE in H2 of 2022

Real Estate Featured News Regional

Real Estate to grow rapidly in Saudi Arabia and UAE in H2 of 2022

Global Business Magazine July 29, 2022

The Kuwait Financial Centre ‘Markaz,’ which has been publishing series of reports on the real estate in the UAE and Saudi Arabia, Read More

DP World UAE sign deal for two new Agri-Storage and Processing facilities in Dubai

Business Featured News Regional

DP World UAE sign deal for two new Agri-Storage and Processing facilities in Dubai

Global Business Magazine July 29, 2022

The DP World UAE on Thursday announced the signing of two new development projects with multinational agricultural commodity processors, strengthening the F&Read More

IsDB endorses $10.54 billion package for Food security

Economy Featured News Regional

IsDB endorses $10.54 billion package for Food security

Global Business Magazine July 29, 2022

The Islamic Development Bank (IsDB) Group on Thursday endorsed a $10.54 billion comprehensive Food Security Response Program (FSRP) package that will support member Read More

ADNOC Distribution to Acquire 50% Stake in TotalEnergies Egypt

Business Featured News Regional

ADNOC Distribution to Acquire 50% Stake in TotalEnergies Egypt

Global Business Magazine July 29, 2022

ADNOC Distribution, the UAE’s largest fuel and retail distributor, on Thursday announced it has entered into an agreement with TotalEnergies Marketing Read More

ADNOC bags three contracts worth $2.67 billion

Business Featured News Regional

ADNOC bags three contracts worth $2.67 billion

Global Business Magazine July 28, 2022

Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of two substantial contracts totalling $2 billion to ADNOC Drilling for the Read More

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