Category :Business

Business Companies Funding Private Equity Regional sovereign wealth funds

Mubadala Capital Closes Fourth PE Fund for $3.1 Billion

Global Business Magazine October 23, 2024

Mubadala Capital, the wholly owned alternative asset management subsidiary of Mubadala Investment Company, has announced the successful closure of its fourth private Read More

Business Companies Infrastructure Regional

Parkin and Majid Al Futtaim Offer Seamless Parking

Global Business Magazine October 23, 2024

Parkin Company, the largest provider of paid public parking facilities and services in Dubai, on Wednesday said that it has signed an Read More

Business Companies IPOs Regional

Lulu Group Plans IPO on Abu Dhabi Securities Exchange

Global Business Magazine October 22, 2024

Lulu Retail Holdings, the largest and fastest growing pan-GCC full-line retailer and a public company limited by shares incorporated in the Abu Read More

Featured Companies Imports and exports Regional World

MATRADE Targets $230 Million in Export Sales at MIHAS@Dubai

Global Business Magazine October 22, 2024

Malaysia External Trade Development Corporation (MATRADE) on Tuesday said that it will aim for $230 million in export sales at the upcoming MIHAS@Read More

Business Companies ETFs World

Australian ETFs Register Impressive Growth in September

Global Business Magazine October 22, 2024

The Australian Exchange Traded Fund (ETF) industry continues to scale new heights reaching a record $226 billion in funds under management for September. Read More

Business Companies Healthcare Mergers and Acquisitions World

Sanofi Sells 50% Stake in Opella to CD&R

Global Business Magazine October 22, 2024

The US private equity company Clayton, Dubilier & Rice (CD&R) on Monday announced that it will acquire 50% stake in Opella, the consumer Read More

Business Companies Data Centres World

Power Demand Up as Data Centres Grow in US

Global Business Magazine October 18, 2024

The electricity demand for the US data centres, which reportedly accounted for 20 GW to 25 GW of hourly average demand, or 4% to 5% of Read More

Banking Companies Earnings Regional

FAB’s Group Revenue Reach $6.51 Billion in 9M-2024

Global Business Magazine October 18, 2024

First Abu Dhabi Bank (FAB), one of the largest banks in the UAE as well as in the GCC region, on Friday Read More

Banking Companies News World

Singapore’s DBS Bank Launch DBS Token Services

Global Business Magazine October 18, 2024

Singapore-headquartered DBS Bank on Friday announced the introduction of DBS Token Services – a new suite of banking services that integrate tokenisation and Read More

Business Airlines Companies Regional World

Telegraph Travel Name Emirates as World’s Best Airline

Global Business Magazine October 18, 2024

Emirates, Dubai’s national carrier, on Friday said that it has been named as the ‘World’s Best Airline’ amongst 90 global carriers Read More