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ADX records highest increase in trading value in May among Arab exchanges

Global Business Magazine June 14, 2022

The Abu Dhabi Securities Exchange (ADX), which crossed the landmark AED2 trillion ($545 billion) market capitalisation last week, recorded the highest increase in Read More

Business Featured News Regional

UAE’s Chimera plans to acquire Beltone Financial Holding

Global Business Magazine June 14, 2022

The Abu Dhabi-based private investment firm Chimera Investments submitted to the Financial Regulatory Authority (FRA) a mandatory non-binding bid to buy the Read More

Energy Featured News Regional

Qatar and TotalEnergies join hands to develop NFE project

Global Business Magazine June 14, 2022

Qatar, one of the world's biggest exporters of liquefied natural gas (LNG), has chosen TotalEnergies as among partners to develop its massive Read More

Business Featured News Regional

ADX to acquire Turkey’s Birgi Mefar Group

Global Business Magazine June 14, 2022

ADQ, an Abu Dhabi-based investment and holding company, on Monday (13 June 2022) announced it has entered into a definitive agreement to acquire Birgi Read More

Finance News Regional World

Most Gulf bourses slip in early trade; Dubai gains

Global Business Magazine June 14, 2022

Most major stock markets in the Gulf fell in early trade on Tuesday, after Wall Street hit a confirmed bear market milestone Read More

Energy News World

Exclusive: OPEC sees global oil demand growth slowing in 2023, sources say

Global Business Magazine June 14, 2022

World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up Read More

Finance News World

Morning Bid: Shockwaves, say no more

Global Business Magazine June 14, 2022

Central banks' challenge -- hiking interest rates to contain soaring inflation without wrecking their economies -- has just got harder.Read More

Banking News World

Factbox: Who are candidates to become next BOJ governor?

Global Business Magazine June 14, 2022

Japan's selection of a new central bank governor is likely to intensify after an upper house election in July and could determine Read More

Technology Featured News Regional

Some 60% UAE shoppers use smartphones while shopping

Global Business Magazine June 14, 2022

Close to 60% of the shoppers in the United Arab Emirates (UAE), use their smartphones at some point during in-store shopping journeys, according Read More

Finance Featured News Regional

The second auction of government treasury bonds is announced by the ministry of finance

Global Business Magazine June 13, 2022

The Ministry of Finance (MoF) of UAE on Saturday announced that the second auction of federal treasury bonds (T-Bonds) will be held Read More

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