Category :Featured

Featured

UAE’s IHC to invest $2 bln in Adani Group’s companies

Global Business Magazine April 8, 2022

International Holding Co (IHC.AD) has agreed to invest 7.3 billion dirhams ($2 billion) in three of Indian conglomerate Adani Group's portfolio companies.Read More

Business Featured News Regional World

Gold prices are falling as speculators anticipate higher US interest rate hikes

Global Business Magazine April 6, 2022

On Tuesday, Gold prices dropped as the dollar stayed strong on rising prospects of more Russian sanctions, and bigger interest-rate hikes by Read More

Finance Featured Regional

DEWA recently announced an increase in the size of IPO to 17%

Global Business Magazine April 6, 2022

On Tuesday, DEWA, Dubai Electricity & Water Authority, decided to increase the number of shares offered in its initial public offering (IPO) from 6.5 Read More

Business Featured News Regional

Dubai signs MoU with Singapore to improve public transportation

Global Business Magazine April 6, 2022

In order to further develop its public transportation, Dubai has sought help from Singapore to improve the system.Read More

Finance Featured News Real Estate

GCC countries can look at Green Finance to unlock $2 trillion by 2030

Global Business Magazine April 5, 2022

As countries across the world have pledged to achieve net zero emissions between 2050 and 2070, green finance is emerging as an alternate option Read More

Business Featured News Regional

UAE xxtends $2 billion loan repayment deadline for Pakistan

Global Business Magazine April 5, 2022

The United Arab Emirates (UAE) has rolled over $2 billion debt for one year for Pakistan after the latter’s central bank called Read More

Finance Featured News Regional

Market value of Saudi Arabia’s Tadawul reached $3.19 trillion by end of Q1 of 2022

Global Business Magazine April 5, 2022

The market capitalization of Saudi Arabia’s Tadawul All Share Index (TASI) at the end of Q1 of 2022 has reached $3.19 trillion, increasing Read More

Finance Featured News Regional

More family-owned businesses plan IPOs on Abu Dhabi securities exchange

Global Business Magazine April 5, 2022

Heeding to the call of the government, FAM Holding, a family-owned business in the UAE engaged in real estate, has announced its Read More

Business Featured News Regional

Expo 2020 Dubai gives fillip to local businesses

Global Business Magazine April 5, 2022

Over 76% of companies in Dubai has their businesses boosted during the recently-concluded Expo2020Dubai and another 73.5% have entered into new partnerships, according Read More

Insurance Featured Finance News Regional

DNIR approves a 30% cash dividend at the Annual General Meeting

Global Business Magazine April 4, 2022

Following the conclusion of the AGM's annual general meeting today, Dubai National Insurance & Reinsurance PSC (DNIR) approved the distribution of 30% cash dividends (Read More