Category :Featured

Finance Featured News World

UHNWIs Grew by 4.2% in 2023, Says Report

Global Business Magazine March 18, 2024

The Number of ultra-high-net-worth individuals (UHNWIs) rose 4.2% globally in 2023 to 626,619 from 601,300 a year earlier, according to a research by Douglas Elliman and Read More

Economy Featured News Real Estate Regional

Nakheel and Meydan to Merge with Dubai Holding

Global Business Magazine March 18, 2024

Nakheel and Meydan - Dubai’s two real estate giants - will be merged with Dubai Holding in an effort to sustain Read More

Business Featured News World

Singapore’s FLCT Acquires Four Logistics Properties in Germany

Global Business Magazine March 18, 2024

Singapore’s Frasers Logistics & Commercial Asset Management Pte. Ltd, manager of Frasers Logistics & Commercial Trust (FLCT) signed a share purchase agreement with Read More

Finance Featured News World

Over $172 Billion Committed to PE Funds Between 2015 and 2023, Says: Report

Global Business Magazine March 18, 2024

As much as $172.65 billion has been committed to private equity (PE) funds between 2015 and 2023, Phenix Capital Group, an impact investment consultant that Read More

Banking Featured News Regional

Assets of UAE Banks Reach $1.1 Trillion by End-2023

Global Business Magazine March 18, 2024

The total assets of the banks operating in the UAE increased by 3.1% q-o-q, reaching $1.1 trillion at the end of the fourth quarter Read More

Business Aviation Featured News Regional

Archer Aviation and Falcon Aviation to Build Vertiport to Connect Dubai and Abu Dhabi

Global Business Magazine March 14, 2024

Archer Aviation Inc., a leader in electric flying cars, said that it has selected the UAE-based aviation services operator Falcon Aviation, as Read More

Finance Featured News Regional

Infini Capital Becomes First Asian Hedge Fund Manager in the ADGM

Global Business Magazine March 14, 2024

Infini Capital Management Limited, a Hong Kong-based multi-strategy alternative investment firm, has been granted an In-Principle Approval (IPA) from the Financial Services Read More

Technology Featured News Regional

Abu Dhabi Forms Tech Investment Company to Harness Leading Edge Technologies

Global Business Magazine March 14, 2024

The Artificial Intelligence and Advanced Technology Council (AIATC) - established on January 22, 2024 by the UAE President, H H Sheikh Mohamed bin Zayed Read More

Business Featured News Regional

Dubai’s Diamond Trade Sparkles to Reach $38.3 Billion in 2023

Global Business Magazine March 14, 2024

Dubai Multi commodities Centre (DMCC) on Wednesday said that the Emirate’s diamond trade registered a 2% year-on-year growth in the value of Read More

Finance Featured News Regional

UAE Ranked Second Globally in Attracting Greenfield FDI Projects in 2023

Global Business Magazine March 14, 2024

The UAE ranked second globally in the number of greenfield FDI projects in 2023, with 1280 projects, trailing only behind the US, which led Read More