Russia - Global Business Magazine

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

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

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

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

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

Economy Featured News Regional

GCC benefits due to Russia-Ukraine conflict

Global Business Magazine June 6, 2022

The Russian invasion of Ukraine has opened new trade opportunities and partnerships for the GCC countries with the European Union (EU) and 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

Finance News World

Morning Bid: “Super bad feeling”

Global Business Magazine June 6, 2022

With the Nasdaq (.NDX) losing about a quarter of its value since the beginning of the year, no doubt some investors will Read More

Energy News World

Oil prices hit $120 as Saudi July price rise eclipses OPEC+ deal

Global Business Magazine June 6, 2022

Oil prices hit $120 a barrel on Monday after Saudi Arabia raised crude prices for July and amid doubts that an increased OPEC+ Read More

Economy Featured News Regional

55 % increase in membership in April 2022

Global Business Magazine June 2, 2022

Dubai Chamber of Commerce, a non-profit public organization, disclosed that its membership was boosted by 55.4% in April 2022, meanwhile, member exports and re-exports Read More

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