Tags :Hydrocarbons

Economy Business Featured News Regional

UAE Issues 9,200 Licences for e-Commerce Businesses in H1 of

Global Business Magazine July 28, 2023

Like in other countries across the world, the UAE’s e-commerce industry witnessed a splendid growth during COVID-19 pandemic and sustained the Read More

Economy Featured News Regional

GCC Award Contracts Worth $29.9 Billion in Q1 of 2023

Global Business Magazine May 16, 2023

Putting behind the global economic turmoil and growing inflation, the GCC countries have awarded projects worth $29.9 billion in the first three months Read More

Energy Featured News Regional

GCC steps up Oil and Gas output even as World

Global Business Magazine November 10, 2022

Hydrocarbons-rich Middle East countries attending the UN Climate Change Conference in Egypt want to steer the narrative on energy security and transition Read More

Business Featured News Regional

UAE, Uzbekistan’s SEG to launch new businesses in logistics and

Global Business Magazine July 12, 2022

AD Ports Group (Abu Dhabi) and Uzbekistan-based Sanoat Energetika Guruhi (SEG) has announced that they will launch a joint venture to open Read More

Economy Featured News Regional

Middle East economy poised for growth this year, says ICAEW

Global Business Magazine July 7, 2022

The latest Economic Insight report for the Middle East, commissioned by ICAEW and compiled by Oxford Economics, has revealed a positive regional Read More

Finance Featured News Regional

DGCX witnesses hectic activity, registers $12.3 billion trade in April

Global Business Magazine May 17, 2022

Significant geo-political events, rising oil prices and inflation, as well as anticipated hikes in interest rates continued to drive the trading activity Read More

Energy News World

High oil prices to power Gulf economies amid inflation risks

Global Business Magazine April 26, 2022

The Gulf Cooperation Council's (GCC) economic growth will accelerate this year to a pace not seen in a decade, according to a Read More

Energy Featured Finance News

UAE’s power sector burns less hydrocarbons in meeting power demand

Global Business Magazine March 24, 2022

Marching ahead to meet its goal of net zero emissions by 2050, the UAE’s power sector has burnt less hydrocarbons to meet Read More

Banking Featured News Regional

Standard Chartered Says UAE Exports To Cross $299 billion by

Global Business Magazine March 7, 2022

The UAE, which is focusing on expanding its exports beyond petroleum and reinforcing its position as a gateway to MENA, will be Read More

Finance News Regional

Kuwaiti govt owes public entities 2.35 bln dinars – finance

Global Business Magazine February 22, 2022

Kuwait's government owes 2.35 billion dinars ($7.78 billion) in late payments to public entities, according to the finance ministry, in a sign of a Read More