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The economies of the Gulf Cooperation Council will grow by 5.9 % in 2022

Global Business Magazine June 9, 2022

According to the new report by the World Bank, the economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% Read More

Energy Featured News Regional

Despite inflationary pressures, the UAE’s non-oil private sector is thriving

Global Business Magazine June 9, 2022

A survey showed that the development of the UAE’s non-oil private sector enhanced in May to a five-month high as demand Read More

Technology Featured News Regional

In Dubai, TEXUB, a global B2B marketplace that is pioneering the future of IT trade, was launched

Global Business Magazine June 9, 2022

TEXUB, a global B2B marketplace, was recently launched in Dubai. It is a premium platform for IT commerce and mobility. TEXUB Read More

Economy Featured News Regional

In 2021, Dubai’s creative economy is ranked first in FDI attraction

Global Business Magazine June 9, 2022

Dubai, as a global cultural hub, investment destination, and flourishing economy, pulled in Dh4.9 billion in foreign direct investment in 2021 to rank Read More

Finance Featured News Regional

ADX market capitalization crosses AED 2 trillion

Global Business Magazine June 9, 2022

For the first time in its history, the market capitalization of Abu Dhabi Securities Exchange (ADX) has crossed AED2 trillion ($545 billion) on Read More

Economy Featured News Regional

The UAE central bank forecasts real GDP growth of 4.2 % in 2023

Global Business Magazine June 9, 2022

The Central Bank of the UAE released its annual report for 2021 in the middle of this month, stating that GDP growth in 2021 Read More

Economy Featured News Regional

UAE economy set for robust growth

Global Business Magazine June 8, 2022

The UAE’s economy is set for a robust growth of 5.3% on average over 2022-23 compared with 3.8% in 2021, due to rising oil Read More

Banking Featured News Regional

Profitability of top 10 Saudi banks surge in Q1 of 2022

Global Business Magazine June 8, 2022

The overall profitability of the 10 largest banks in Saudi Arabia increased by 17.6% on a quarterly basis in the first quarter of 2022, according Read More

Finance Featured News Regional

ADX delegation heads to London to woo investors on June 9

Global Business Magazine June 8, 2022

A delegation from the Abu Dhabi Securities Exchange (ADX) including nine companies listed on the bourse will meet with several major investment Read More

Energy Featured News Regional

Oman to increase Oil production between 50,000-100,000 barrels per day

Global Business Magazine June 8, 2022

New oil discoveries in Oman is expected to increase the production by 50,000 to 100,000 barrels in the next two or three years.Read More

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