United Arab Emirates - Global Business Magazine

Oil extends gains as major producers flag capacity limits

Global Business Magazine June 28, 2022

Oil prices rallied for a third day on Tuesday as major producers Saudi Arabia and the United Arab Emirates looked unlikely to Read More

Economy Featured News Regional

Fourteen PJSCs with a capital of $2.52 billion registered with SCA

Global Business Magazine June 28, 2022

The Securities and Commodities Authority (SCA) HAS revealed that 14 private joint stock companies (PJSCs) were registered with the Authority and listed in Read More

Business Featured News Regional

TECOM Group IPO oversubscribed, raise $463.2 million

Global Business Magazine June 28, 2022

Dubai business park operator TECOM Group has raised $463.2 million on The Dubai Financial Market (DFM) after setting the final offer price at Read More

Business Featured News Regional

Wizz Air to launch new routes from Saudi Arabia to UAE and Europe

Global Business Magazine June 27, 2022

Wizz Air, Europe’s fastest growing and most sustainable airline, is launching new routes from Dammam in Saudi Arabia, to Rome, Vienna Read More

Finance Featured News Regional

UAE listed firms approve dividends worth $9.37 billion in 2021

Global Business Magazine June 27, 2022

The listed companies in the UAE bourses have approved payment of dividends to the tune of $9.37 billion, the Securities and Commodities Authority (Read More

Finance Featured News Regional

The Red Sea becomes hot favourite for investments by GCC SWFs

Global Business Magazine June 27, 2022

Two GCC sovereign wealth funds (SWFs) have announced investments worth billions of dollars into port and logistics infrastructure in Sudan and Saudi Read More

Energy Featured News Regional

UAE eyes LNG exports to meet global gas demand

Global Business Magazine June 27, 2022

With the European Union (EU) and the UK looking for alternate supplies for natural gas to reduce its reliance on Russian gas Read More

Finance Featured Regional

UAE attracted maximum FDI projects in Arab world between 2003-2021

Global Business Magazine June 24, 2022

The UAE has received 41% of foreign direct investment (FDI) coming to Arab countries between 2003 and 2021, according to the 37th annual report on Read More

Economy Featured News Regional

UAE plans to offer Dual-Tranche USD bonds soon

Global Business Magazine June 24, 2022

The UAE’s Ministry of Finance on Thursday announced its plans to issue a dual-tranche US Dollar benchmark size bonds of $500 million Read More

Technology Featured News Regional

Dubai’s proptech start-up Huspy Raise $37 million in series A round

Global Business Magazine June 24, 2022

Huspy, the Dubai-based proptech start-up, on Tuesday said that it has raised $37 million in its series A financing round led by Sequoia Read More

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