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Bitcoin, ether scale new peaks as flows pour in to crypto

Global Business Magazine November 9, 2021

Bitcoin and ether made record peaks in Asia trade on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum Read More

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Saudi Q3 GDP growth at 6.8%, highest since 2012

Global Business Magazine November 9, 2021

Saudi Arabia's economy grew 6.8% in the third quarter from a year earlier, the fastest expansion since 2012, official data showed on Tuesday, as Read More

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Abu Dhabi’s stock exchange submits SPAC framework proposal -statement

Global Business Magazine November 9, 2021

Abu Dhabi has proposed a regulatory framework to allow the listing of blank-cheque companies, potentially opening the door to a slew of Read More

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Oil spare capacity to diminish as jet demand returns, Aramco says

Global Business Magazine November 9, 2021

Global oil spare production capacity could diminish next year as air passengers return to the skies, removing an important cushion that the Read More

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The New Masters: How auction houses are chasing crypto millions

Global Business Magazine November 9, 2021

Little could James Christie have known some 240 years ago, as he sold masterpieces by Rembrandt and Rubens to Catherine the Great, that Read More

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Tesla’s stock has dropped following Elon Musk’s Twitter poll

Global Business Magazine November 9, 2021

Tesla shares fell nearly 4.9 % after Tesla CEO Elon Musk announced that he will sell 10% of his stock, valued at $20 billion, based on Read More

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Abu Dhabi hits record as most markets rise; Qatar bucks trend

Global Business Magazine November 8, 2021

Most stock markets in the Gulf rose in early trade on Monday, with the Abu Dhabi index reaching an all-time high, while Read More

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Asia stocks go guarded ahead of U.S. inflation test

Global Business Magazine November 8, 2021

Asian share markets were mixed on Monday as risk assets found support from the upbeat U.S. October payrolls report, but faced Read More

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Oil gains after U.S. infrastructure bill passes, Chinese exports rise

Global Business Magazine November 8, 2021

Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia's state-owned Read More

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Global leaders have vowed to combat deforestation by 2030

Global Business Magazine November 7, 2021

At the COP26 session in Glasgow, 110 world leaders vowed to halt deforestation by 2030. Trees are necessary on Earth; living things rely on Read More

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