Category :Featured

Banking Featured Finance News Regional

ADCB prices $650 million Green Bond to Support UAE’s transition to NZE

Global Business Magazine September 7, 2023

Abu Dhabi Commercial Bank (ADCB) on Wednesday announced that it has successfully priced a $650 million green bond, second in the last 12 months, Read More

Technology Featured Finance News Regional

Alipay+ to Drive Payments Flexibility for UAE Tourists 

Global Business Magazine September 5, 2023

Astra Tech, one of the biggest tech ecosystems in the Middle East and North Africa (MENA) region, on Monday announced that it Read More

Banking Featured News Regional Technology

Emirates NBD makes Strategic Equity Investment in Komgo

Global Business Magazine September 5, 2023

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Turkiye) region, on Monday announced that it has Read More

Economy Banking Featured News Regional

Saudi, UAE Expert Delegations to Visit Hong Kong

Global Business Magazine September 5, 2023

The Hong Kong Monetary Authority (HKMA) and the local banking sector will explore collaboration with their counterparts in the UAE and Saudi Read More

Energy Business Featured News Regional

Italy’s Eni to Invest $7.7 Billion in Egypt’s Oil and Gas Sector

Global Business Magazine September 5, 2023

Eni, Italian energy major, has announced plans to invest $7.7 billion in several oil and gas projects in Egypt in the next four Read More

Business Airlines Featured News World

Turkish Airlines Orders 10 Airbus A350-900s

Global Business Magazine September 5, 2023

As part of its fleet expansion programme, Turkish Airlines has announced that it has placed orders with Airbus for 10 Airbus A350-900Read More

Energy Business Featured News World

Denmark’s Orsted Secures $783 Million for its Wind Farms in Taiwan

Global Business Magazine September 5, 2023

Danish renewable energy developer Orsted on Monday announced that it has signed $783 million (NTD25 billion) sustainability-linked revolving loan facility for its offshore Read More

Business Featured Finance News Regional

GCC Assets under Management (AuM) Industry to Reach $500 Billion by 2026

Global Business Magazine September 5, 2023

The GCC asset management market is projected to grow, reaching about $500 billion in onshore assets by 2026, a leap from $400 billion at the Read More

Banking Featured Finance News Regional

GCC Banks’ Credit Expansion Remains Strong in Q2 of 2023

Global Business Magazine September 5, 2023

Credit expansion in the Gulf Co-operation Council (GCC) banks remained strong during the second quarter of 2023 despite interest rates reaching decades-high levels Read More

Business Featured Mergers and Acquisitions News Regional

Al Ansari Exchange partners with Fazaa to Drive Social Impact and Elevate Customer Experience

Global Business Magazine August 31, 2023

Al Ansari Financial Services on Wednesday announced that its subsidiary Al Ansari Exchange, the largest outward personal remittance and foreign exchange company Read More