Inflation - Global Business Magazine

Mid-year outlook for Middle East banks improving, says Fitch Ratings

Global Business Magazine July 4, 2022

Business conditions for banks worldwide are likely to deteriorate this year compared to 2021 as rising prices slow down economic growth, according to Read More

Finance Featured News Regional

Islamic financial assets increased by 20% in Qatar

Global Business Magazine June 30, 2022

Islamic financial assets in Qatar increased by 20% TO $172 billion in 2021, with Islamic banks accounting for 87% of these assets, followed by Islamic Sukuk (11.6%) Read More

Finance News World

Morning Bid: The Sintra stage

Global Business Magazine June 28, 2022

The Portuguese village of Sintra has been the scene of momentous speeches by European Central Bank policymakers. They include Mario Draghi's hawkish Read More

Economy Featured News Regional

GCC to aid Middle East region’s economic growth in 2022

Global Business Magazine June 24, 2022

The six-member Gulf Cooperation Council (GCC) will be the mainstay for the Middle East region’s GDP growth which is forecast at 5.2% Read More

Banking News World

BOJ policymakers warned of economic harm from excess yen moves

Global Business Magazine June 22, 2022

Some Bank of Japan board members were concerned that excessive currency volatility could disrupt corporate business plans, minutes of the bank's April Read More

Business Featured News Regional

Saudi Arabia and Egypt sign 14 agreements valued at $7.7

Global Business Magazine June 22, 2022

Saudi Arabia and Egypt have signed 14 agreements worth $7.7 billion, Egypt’s General Authority for Investment and Free Zones said on Tuesday.Read More

Economy Featured News Regional

Dubai 14th most expensive city globally for HNWIs, says report

Global Business Magazine June 21, 2022

Julius Baer, the Swedish private bank, has ranked Dubai as the 14th most expensive cities in the list of 15 cities for the Read More

Energy Featured News Regional

MENA’s energy investments likely to be around 879 billion till

Global Business Magazine June 20, 2022

Pledges by the Middle East and North Africa (MENA) countries to reduce carbon emissions notwithstanding, the Arab Petroleum Investments Corporation (APICORP) estimates Read More