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UAE’s Economy Forecast To Grow at 4.2% On Higher Demand For Oil In 2022

Global Business Magazine February 2, 2022

It has been a bag of mixed fortunes for the two main bourses in the UAE for the month of January 2022. The Read More

News Technology World

Saudi Telecom sets up new entity for data centres, cable assets

Global Business Magazine February 2, 2022

Saudi Telecom (STC) said on Wednesday it would transfer its data centres, international submarine cables and points of presence assets to a Read More

Finance COVID-19 News World

How to invest for inflationary times

Global Business Magazine February 2, 2022

Low inflation had spoiled U.S. investors for so long that last year's sudden surge came as a shock.Read More

Business News World

Morning Bid: Peak inflation? We can only hope

Global Business Magazine February 2, 2022

The European Central Bank's plan to start tiptoeing away from monetary stimulus may be put to the test with Wednesday's flash inflation Read More

Finance Economy News Regional

Major Gulf bourses gain in early trade

Global Business Magazine February 2, 2022

Major stock markets in the Gulf rose in early trade on Wednesday, boosted by rising oil prices, with the Dubai index on Read More

Technology News World

U.S. airline group warns 5G interference issues could linger for years

Global Business Magazine February 2, 2022

It will likely take "years" to permanently address airplane interference issues caused by the deployment of 5G wireless in the C-band, a Read More

Banking News World

Swedbank shares hit by interest income dip

Global Business Magazine February 2, 2022

Swedish lender Swedbank (SWEDa.ST) reported slightly worse than expected quarterly earnings on Wednesday, with a drop in interest income disappointing investors Read More

Business News Oil & Gas World

Saudi Aramco buys 7.4% stake in Norwegian software firm Cognite

Global Business Magazine February 2, 2022

Saudi Aramco (2222.SE) has bought a 7.4% stake in Norwegian industrial software group Cognite from oil firm Aker BP (AKRBP.OL), Cognite said Read More

Business Economy Oil & Gas World

Oil climbs toward 7-year highs on U.S. stock draw, eyes on OPEC+ move

Global Business Magazine February 2, 2022

Oil prices climbed on Wednesday toward last week's seven-year highs as a draw in U.S. crude stocks confirmed strong demand and Read More

Featured

Santander lifts profits as it releases pandemic provisions

Global Business Magazine February 2, 2022

Spain's Santander (SAN.MC) released 750 million euros ($846 million) in pandemic-related provisions in the fourth quarter, betting on an economic recovery in its Read More

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