Oil - Global Business Magazine

Global Oil Industry Needs Investments of $12.1 Trillion by 2045,

Global Business Magazine May 15, 2023

Haitham Al Ghais, Secretary General of OPEC, on Sunday said that populations and economies were growing, and the world needs more energy 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

Energy Featured News Regional

Oman to increase Oil production between 50,000-100,000 barrels per day

Global Business Magazine June 8, 2022

New oil discoveries in Oman is expected to increase the production by 50,000 to 100,000 barrels in the next two or three years.Read More

Featured

U.S. banks’ commodity trading exposures rise on Russia conflict

Global Business Magazine April 18, 2022

Wall Street banks' commodities trading exposures are rising, which could leave them vulnerable to large swings in asset values following Russia's invasion Read More

Finance News Regional World

UAE hopeful of 5%-6% economic growth in 2022 and beyond-min

Global Business Magazine March 29, 2022

The United Arab Emirates (UAE) is hoping the economy will grow by 5% to 6% this year as it recovers from the pandemic, and Read More

Energy News World

Oil producers as ‘superheroes’ is not how it works, UAE

Global Business Magazine March 28, 2022

Oil producers who felt like outcasts at the COP 26 climate conference last year are now being treated like superheroes because their supplies Read More