Saudi Arabia - Global Business Magazine

UAE takes lead among MENA start-ups in raising funds during

Global Business Magazine April 15, 2022

The UAE, Saudi Arabia and Egypt have taken lead in raising funds for the start-ups in the Middle East and North Africa (Read More

Banking Featured News Regional

Net Profits of GCC Banks Register 40% Growth in 2021

Global Business Magazine April 11, 2022

The total net profits of the GCC banks soared to reach $35 billion, recording a growth of 40% in 2021 compared with $25 billion in 2020.Read More

Finance News World

Dubai shares jump on IPO cheer; most other markets subdued

Global Business Magazine March 29, 2022

Most Gulf markets fell on Tuesday, as fears of a drop in demand for crude capped oil prices, while investors continued to Read More

Finance News World

Abu Dhabi sovereign fund pausing Russia investments, CEO says

Global Business Magazine March 28, 2022

Abu Dhabi's Mubadala Investment Company is pausing investments in Russia, which represent less than 1% of its portfolio, because of the Ukraine crisis, Read More

Economy Featured News Regional

Bahrain happiest country and UAE follows in the GCC region

Global Business Magazine March 21, 2022

Four of the six countries in the Gulf Cooperation Council (GCC) have been ranked among the happiest countries in the world, according Read More

Business News World

Saudi Arabia, UAE & Egypt start-ups corner 98% of $375

Global Business Magazine March 11, 2022

Start-ups in the Middle East and North Africa (MENA) region raised $375 million across 81 deals in February 2022, a 51.6% increase month-on-month, and a 134% increase Read More

Energy News Oil & Gas World

Oil bounces as tight supply gives high floor to prices

Global Business Magazine March 10, 2022

Oil prices bounced on Thursday from a sharp drop in the previous session after the United Arab Emirates backtracked on statements saying Read More

Banking Featured News Regional

Jordan’s Capital Bank Gets Listed On Nasdaq Dubai

Global Business Magazine March 7, 2022

Capital Bank of Jordan rang the bell for the opening of Nasdaq Dubai’s market, which comes after the successful listing of Read More

Finance Featured News Regional

GCC Has Considerable Investments in Russia Direct Investment Fund

Global Business Magazine March 7, 2022

The Gulf Cooperation Council (GCC) countries have made significant investments in the Russia’s Sovereign Wealth Fund (SWF) - Russian Direct Investment Read More