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For four months, the UAE has prohibited the export and reexport of Indian wheat

Business Featured News Regional

For four months, the UAE has prohibited the export and reexport of Indian wheat

Global Business Magazine July 5, 2022

The second week of June saw a moratorium placed by the UAE's Ministry of Economy on the export and re-export of wheat Read More

The World Bank has warned that the global economy could face stagflation

Economy Featured News Regional World

The World Bank has warned that the global economy could face stagflation

Global Business Magazine July 5, 2022

The World Bank and the Organization for Economic Cooperation and Development (OECD) both slashed their estimates for economic growth, citing the ongoing Read More

Dubai and Abu Dhabi real estate markets top improvers globally

Real Estate Featured News Regional

Dubai and Abu Dhabi real estate markets top improvers globally

Global Business Magazine July 4, 2022

The real estate markets of Dubai and Abu Dhabi are the top global improvers in 2022, the UK-headquartered Jones Lang LaSalle (JLL) global Read More

AD Ports Group acquires 70% stake in Egyptian maritime companies

Business Featured News Regional

AD Ports Group acquires 70% stake in Egyptian maritime companies

Global Business Magazine July 4, 2022

AD Ports Group on Friday announced that it has reached an agreement to acquire a 70% equity stake in International Associated Cargo Carrier Read More

UAE-based fintech firm raises $41 million in new funding round

Finance Featured News Regional

UAE-based fintech firm raises $41 million in new funding round

Global Business Magazine July 4, 2022

The UAE-based financial technology start-up and digital banking app YAP on Monday said it has raised $41 million. The company will utilise the Read More

QIA Plans to invest surplus hydrocarbon revenues in various sectors

Economy Featured News Regional

QIA Plans to invest surplus hydrocarbon revenues in various sectors

Global Business Magazine July 4, 2022

Benefited by the spurt in energy prices, the state-owned Qatar Investment Authority (QIA) to is planning to invest the surplus revenues in Read More

ADIA and US-based GIP acquire majority stake in VTG

Business Featured News World

ADIA and US-based GIP acquire majority stake in VTG

Global Business Magazine July 4, 2022

The US-based Global Infrastructure Partners (GIP) and Abu Dhabi Investment Authority (ADIA) have announced buying a 72.5% stake in European railcar lessor VTG Read More

Mid-year outlook for Middle East banks improving, says Fitch Ratings

Banking Featured News Regional

Mid-year outlook for Middle East banks improving, says Fitch Ratings

Global Business Magazine July 4, 2022

Business conditions for banks worldwide are likely to deteriorate this year compared to 2021 as rising prices slow down economic growth, according to Read More

DFF and VC MENA brings VC firms and start-ups to explore collaboration

Technology Featured News Regional

DFF and VC MENA brings VC firms and start-ups to explore collaboration

Global Business Magazine July 4, 2022

DFF and VC MENA brings VC firms and start-ups to explore collaborationRead More

UAE-Japan non-oil trade reached $13.30 billion by end of 2021

Business Featured News World

UAE-Japan non-oil trade reached $13.30 billion by end of 2021

Global Business Magazine July 4, 2022

The UAE is Japan's largest Arab trading partner and accounts for 36% of its total trade with Arab countries. The non-oil trade between Read More

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