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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

Business Featured News Regional

A delegation from the UAE is going to Morocco to talk business and investment

Global Business Magazine June 13, 2022

Last Thursday, in order to discuss how to improve bilateral cooperation, increase investment flows, and widen economic partnerships in the future, a Read More

Business Featured News Regional

DXB records busiest quarter since 2020

Global Business Magazine June 13, 2022

Dubai International (DXB) has recorded the busiest quarter since 2020 with 13.6 million passengers in Q1 of 2022, indicating that traffic recovery is gaining momentum Read More

Economy Featured Oil & Gas Regional

UAE’s IPOs raise $11.90 billion during last 12 months

Global Business Magazine June 13, 2022

The UAE’s stock markets have witnessed as many as seven Initial Public Offerings (IPOs) in the last 12 months and they have Read More

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