Middle East - Global Business Magazine

Gulf economies to grow faster in 2022, oil price fall biggest threat

Global Business Magazine January 24, 2022

The economies in the six-member Gulf Cooperation Council will grow at their fastest paces in several years, according to a Reuters poll Read More

Business Economy News Regional

UAE regulator approves Gulf’s first SPAC framework

Global Business Magazine January 24, 2022

The United Arab Emirates' Securities and Commodities Authority (SCA) has approved a regulatory framework for special purpose acquisition companies (SPACs), the first Read More

Business News Oil & Gas Regional

Oil rises on elevated geopolitical risks in Europe and Middle East

Global Business Magazine January 24, 2022

Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and rising tensions in the Middle East, Read More

Oil & Gas Business News World

EDF is planning over 5GW of renewable energy for Saudi Arabia and the UAE

Global Business Magazine January 24, 2022

EDF, the French power company, aims to build at least 5 gigawatts of renewable power generation in Saudi Arabia and the United Arab Read More

Finance Economy News Regional

UAE bourses end higher on financial, telecom boost

Global Business Magazine January 21, 2022

Stock markets in the United Arab Emirates (UAE) closed in the green on Friday, with Dubai's index buoyed by the financial sector Read More

Technology Featured News Regional

Robo-Advisors Play Crucial Role in Middle East’s Wealth Management Industry

Global Business Magazine January 21, 2022

The oil boom in 1970s and subsequent years have ensured the rapid growth of High Net-Worth Individuals (HNWIs) and Ultra HNWIs (UHNWIs) Read More

Finance Economy News Regional

Major Gulf markets gain in early trade; Saudi at over 15-yr high

Global Business Magazine January 20, 2022

Most major Gulf stock markets rose in early trade on Monday, in line with Asian peers, with the Saudi index holding steady Read More

Business Economy News World

5G flight disruption eases as Emirates blasts U.S. rollout

Global Business Magazine January 20, 2022

Disruption to U.S.-bound air travel caused by the rollout of 5G services in the United States eased on Wednesday as Read More

Technology News World

Oracle opens data centre to provide cloud services across Africa

Global Business Magazine January 19, 2022

Oracle (ORCL.N) opened a data centre in South Africa on Wednesday to provide local cloud services across Africa for the first Read More

Technology Business Economy News

Dubai’s Emirates suspends flights to several U.S. destinations on 5G concerns

Global Business Magazine January 19, 2022

Dubai's Emirates (EMIRA.UL) airline announced on Tuesday that it will suspend flights to several destinations in the United States as of Read More

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