United Arab Emirates - Global Business Magazine

India’s PM Modi and the UAE counterpart will meet virtually; a trade pact will be signed

Global Business Magazine February 16, 2022

The signing of the free trade agreement is set to be the focus of a virtual meeting between Indian Prime Minister Narendra Read More

Energy News Oil & Gas Regional

IEA’s Birol again urges OPEC+ to narrow gap between oil targets and output

Global Business Magazine February 16, 2022

The Organization of the Petroleum Exporting Countries (OPEC) and their allies, known as OPEC+, needed to narrow the gap between their oil Read More

Banking News World

Gold reserves at Venezuelan central bank down to new 50-year low

Global Business Magazine February 16, 2022

The Venezuelan central bank's gold reserves dropped seven tonnes last year to a new 50-year low, according to financial statements published by Read More

Business Featured News Regional

UAE Leads MENA Region’s M&A Activity In 2021 with 303 Deals

Global Business Magazine February 16, 2022

The UAE led Middle East and North Africa (MENA) region as far as Merger & Acquisition (M&A) activity was concerned Read More

Business News Regional

ADNOC and Borealis consider IPO for plastics joint venture

Global Business Magazine February 16, 2022

Abu Dhabi National Oil Company (ADNOC) and Austria's Borealis AG are considering a potential initial public offering (IPO) of their joint venture Read More

Business News Regional

UAE’s Tabreed looks at expansion in Egypt, Gulf – CEO

Global Business Magazine February 16, 2022

Dubai-listed National Central Cooling Company PJSC (Tabreed) (TABR.DU) is considering an acquisition in Oman and expanding into Egyptian and other Gulf Read More

Banking Featured Regional World

UAE Banks Likely To Benefit From US Fed’s Interest Rate Hike

Global Business Magazine February 16, 2022

The US Federal Reserve’s statement that the interest rates were likely to be hiked in March has sent ripples among global Read More

Finance Featured News Regional

UAE Bourses Planning More IPOs in 2022

Global Business Magazine February 15, 2022

Adnoc and Austrian chemicals producer Borealis are planning to go for a potential initial public offering (IPO) of a minority stake in Read More

Energy News Regional World

Tighter oil market confirmed by IEA demand revision

Global Business Magazine February 15, 2022

An upward revision in historical oil demand by the International Energy Agency in its monthly report points to a tighter global market Read More

Energy Featured News Regional

Hassyan Power Complex Adds 1,200 MW To Its Production Capacity

Global Business Magazine February 14, 2022

Dubai Electricity and Water Authority (DEWA) has disclosed that the current production capacity of Hassyan Power Complex reached 1,200 megawatts (MW), using the Read More

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