Pandemic - Global Business Magazine

FDI flows into UAE rise 5% to $20 billion in 2021

Global Business Magazine June 10, 2022

Foreign direct investment flows into the UAE increased 5% or $1 billion to $21 billion IN 2021 as the Emirate maintained its ranking among the world’Read More

Economy Featured News Regional

The economies of the Gulf Cooperation Council will grow by 5.9 % in 2022

Global Business Magazine June 9, 2022

According to the new report by the World Bank, the economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% Read More

Economy Featured News Regional

The UAE central bank forecasts real GDP growth of 4.2 % in 2023

Global Business Magazine June 9, 2022

The Central Bank of the UAE released its annual report for 2021 in the middle of this month, stating that GDP growth in 2021 Read More

Economy Featured News Regional

UAE economy set for robust growth

Global Business Magazine June 8, 2022

The UAE’s economy is set for a robust growth of 5.3% on average over 2022-23 compared with 3.8% in 2021, due to rising oil Read More

Real Estate Featured News Regional

Saudi Retal Urban Development offers $32 per share

Global Business Magazine June 8, 2022

Saudi Arabia’s capital market’s strong momentum with a new Initial Public Offering (IPO) from the local real estate developer, Retal Read More

Banking News World

EXCLUSIVE Citigroup to hire 3,000 in Asia institutional banking business in growth push -Asia CEO

Global Business Magazine June 7, 2022

Citigroup Inc (C.N) plans to hire around 3,000 new staff for its Asia institutional business in the next few years, sharpening its Read More

Finance News World

Morning Bid: Looking at the bright side of markets

Global Business Magazine June 7, 2022

It's a pretty eventful day in markets. U.S. 10-year yields are back above 3%, lifting the dollar to two-week highs. Then, the Read More

Economy Featured News Regional

GCC economies set to grow by 5.9% in 2022

Global Business Magazine June 7, 2022

The economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% overall in 2022, with this recovery likely to continue in Read More

Economy Featured News Regional

QIA to invest $5 billion into the Spanish economy

Global Business Magazine June 7, 2022

Following the UAE SWF Mubadala, the Qatar Investment Authority (QIA) will invest $5 billion into the Spanish economy.Read More

Banking News World

Confronting the inflation beast: Five questions for the ECB

Global Business Magazine June 6, 2022

The European Central Bank looks all but certain to announce on Thursday that its years of bond-buying stimulus are over and that Read More

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