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The UAE Crown Prince and Austria’s Chancellor discussed ways to resolve the Ukraine-Russia crisis

Global Business Magazine March 7, 2022

On Sunday His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Read More

Business News World

Factbox: Stranded assets: How many billions are stuck in Russia?

Global Business Magazine March 7, 2022

So far global companies, banks and investors have announced that they have exposure in some form to Russia of more than $110 billion. Read More

Finance News World

Morning Bid: Oil shock

Global Business Magazine March 7, 2022

Oil's relentless climb, hitting almost $140 on Monday, means another turbulent start to the week for world markets.Read More

Technology News World

Analysis: Ukraine invasion sets back Musk’s dream for cheaper EVs, for now

Global Business Magazine March 7, 2022

Surging raw materials costs, made worse by Russia's invasion of Ukraine, could set back the dream of Tesla (TSLA.O) Chief Executive Read More

Business Featured News Regional

Abu Dhabi International Airport Expect 10.7 million Passengers In 2022

Global Business Magazine March 7, 2022

As many as 5.26 million passengers passed through Abu Dhabi International Airport in 2021, 46% of them (2.43 million) in the last three months of the Read More

Finance Featured News Regional

GCC Bourses Remain Unaffected Following Russia’s War With Ukraine

Global Business Magazine March 3, 2022

Stock markets across the nosedived to new lows following the Russian invasion of Ukraine on February 24 but those in the GCC region Read More

Energy Featured News Oil & Gas Regional

The price of fuel in the United Arab Emirates fluctuates from month to month

Global Business Magazine March 3, 2022

On Monday the UAE fuel price committee Monday announced petrol and diesel prices for March 2022 and it was not very pleasant news Read More

Business Featured News World

Mikhail Fridman, a Russian billionaire, spoke out against Russia’s invasion of Ukraine

Global Business Magazine March 3, 2022

Mikhail Maratovich Fridman, the co-founder of Alfa-Group, a multinational Russian conglomerate, wants the war to stop as soon as possible after the Read More

Finance News Regional

Higher oil prices boost Gulf markets, Aramco hits record high

Global Business Magazine March 3, 2022

Middle East stock markets rose on Thursday boosted by energy and commodity linked assets as oil prices neared $120 a barrel and the Read More

Regional News

UAE says Ukrainians eligible for visas on arrival, in apparent about-face

Global Business Magazine March 3, 2022

The United Arab Emirates said on Thursday that Ukraine nationals are eligible for visas on arrival in the Gulf Arab state, in Read More

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