Inflation - Global Business Magazine

Saudi Banks’ Performance to Compensate for Declining Profits in Other

Global Business Magazine April 16, 2024

Saudi Arabia’s AlJazira Capital, which offers full range of modern investment products and services to the investors, said that a strong Read More

Finance Featured News World

UHNWIs Grew by 4.2% in 2023, Says Report

Global Business Magazine March 18, 2024

The Number of ultra-high-net-worth individuals (UHNWIs) rose 4.2% globally in 2023 to 626,619 from 601,300 a year earlier, according to a research by Douglas Elliman and Read More

Economy Featured News Regional

Saudi Citizens on Savings Spree, Highest in Nearly a Decade

Global Business Magazine November 2, 2023

Saudi Arabian Monetary Authority (SAMA), the Kingdom’s Central Bank said that the Saudi citizens exhibited a remarkable surge in their savings Read More

Economy Featured Finance News Regional

Singapore’s GDP Growth to Be Lower in 2023, Gain Pace

Global Business Magazine October 31, 2023

Singapore’s central bank - Monetary Authority of Singapore (MAS) - on Monday projected the city-state’s gross domestic product (GDP) growth Read More

Economy Banking News Regional

Central Bank of Israel to Sell $30 Billion in Open

Global Business Magazine October 10, 2023

Notwithstanding its ongoing war on the Hamas militant groups, the Central Bank of Israel on Monday for the first time announced a Read More

Banking Featured Finance News Regional

Emirates NBD’s Profits Surge 130% to $3.35 billion in H1-2023

Global Business Magazine July 28, 2023

Emirates NBD, one of the leading banks in the UAE, on Thursday announced that its profits surged by 130% to a record $3.35 billion Read More

Economy Finance News Regional

Inflation in GCC Region Likely to Drop in 2023 and

Global Business Magazine May 30, 2023

Several measures initiated by the GCC countries ensured that Inflation remained relatively low in the region in 2022 despite averaging higher than estimates 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