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Category :Featured

MENA start-ups raise $176 million in May

Global Business Magazine June 13, 2022

Start-ups in the Middle East and North Africa region (Mena) have raised $176 million in May 2022 across 42 deals, a decline of 40% month-on-month investment Read More

Economy Featured News Regional

Dubai plans to offer 12.5% stake in TECOM Group IPO

Global Business Magazine June 13, 2022

TECOM Group, a subsidiary of the government-owned Dubai Holding, is planning an initial public offering by offering 625 million shares, which is equivalent Read More

Finance Featured News Regional

Abu Dhabi exchange best performing market in GCC in May

Global Business Magazine June 13, 2022

The FTSE Abu Dhabi Securities Exchange (ADX) index was the best performing market in the GCC during May 2022 despite registering a 0.3% monthly Read More

Business Featured News Regional

25 UAE businesses figure in Forbes Middle East list of top 100 Companies

Global Business Magazine June 13, 2022

As many as 25 UAE businesses figure in the Forbes Middle East’s annual list of Top 100 companies for 2022 in terms of the Read More

Finance Featured News Regional

GCC-listed companies register record profits in Q1 of 2022

Global Business Magazine June 13, 2022

Listed companies on the GCC bourses had an impressive run in terms of growth in profits during the first quarter of 2022 except Read More

Finance Featured News Regional

FDI flows into UAE rise 5% to $20 billion in 2021

Global Business Magazine June 10, 2022

Foreign direct investment flows into the UAE increased 5% or $1 billion to $21 billion IN 2021 as the Emirate maintained its ranking among the world’Read More

Economy Featured News Regional

The economies of the Gulf Cooperation Council will grow by 5.9 % in 2022

Global Business Magazine June 9, 2022

According to the new report by the World Bank, the economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% Read More

Energy Featured News Regional

Despite inflationary pressures, the UAE’s non-oil private sector is thriving

Global Business Magazine June 9, 2022

A survey showed that the development of the UAE’s non-oil private sector enhanced in May to a five-month high as demand Read More

Technology Featured News Regional

In Dubai, TEXUB, a global B2B marketplace that is pioneering the future of IT trade, was launched

Global Business Magazine June 9, 2022

TEXUB, a global B2B marketplace, was recently launched in Dubai. It is a premium platform for IT commerce and mobility. TEXUB Read More

Economy Featured News Regional

In 2021, Dubai’s creative economy is ranked first in FDI attraction

Global Business Magazine June 9, 2022

Dubai, as a global cultural hub, investment destination, and flourishing economy, pulled in Dh4.9 billion in foreign direct investment in 2021 to rank Read More