United Arab Emirates - Global Business Magazine

Abu Dhabi Ports to Get Listed on ADX Next Week

Global Business Magazine February 4, 2022

Abu Dhabi Ports Group, one of the major companies owned by state-owned Sovereign Wealth Fund ADQ, will get listed on Abu Dhabi Read More

Business News Oil & Gas Regional

UAE non-oil private sector growth slows in January as COVID restricts demand – PMI

Global Business Magazine February 3, 2022

The United Arab Emirates' non-oil private sector growth fell in January to its slowest in six months despite notching a 14th straight Read More

Economy News Regional

UAE to launch first federal corporate tax on business profits from June 2023

Global Business Magazine January 31, 2022

The United Arab Emirates (UAE) on Monday said it would introduce a federal corporate tax on business profits for the first time Read More

Business Economy News Oil & Gas World

Oil forward curves signal tight market, supporting price rally

Global Business Magazine January 31, 2022

The risk of geopolitical disruption to oil supply at a time of already tight inventories due to the strong post-pandemic recovery has Read More

Regional COVID-19 News Omicron

UAE to lift entry, transit ban on passengers from 12 African countries

Global Business Magazine January 27, 2022

The United Arab Emirates will lift an entry and transit ban on on Saturday on travellers who had recently visited South Africa, Read More

Banking COVID-19 News Regional

UAE’s biggest lender FAB posts record profit but shares fall

Global Business Magazine January 27, 2022

First Abu Dhabi Bank (FAB.AD), the United Arab Emirates' biggest lender, posted a record net profit in 2021, fuelled by the country's Read More

Finance News Regional

Abu Dhabi’s Chimera closes second venture capital fund at $10 bln

Global Business Magazine January 25, 2022

Abu Dhabi investment firm Chimera Capital said on Tuesday it closed its second venture capital (VC) fund at $10 billion, as it looks Read More

Economy Featured Regional

The UAE Ports Looking To Expand In Mineral Rich African Continent

Global Business Magazine January 25, 2022

The ADQ-owned Abu Dhabi Ports (ADP) and Dubai port giant, DP World, are looking at expanding their operations in the resourceful African Read More

Business Economy News Regional

Gulf economies to grow faster in 2022, oil price fall biggest threat

Global Business Magazine January 24, 2022

The economies in the six-member Gulf Cooperation Council will grow at their fastest paces in several years, according to a Reuters poll Read More

Business Economy News Regional

UAE regulator approves Gulf’s first SPAC framework

Global Business Magazine January 24, 2022

The United Arab Emirates' Securities and Commodities Authority (SCA) has approved a regulatory framework for special purpose acquisition companies (SPACs), the first Read More

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