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Category :Finance

BlackRock Launched Largest Climate Action Fund in Singapore

Global Business Magazine September 21, 2023

The world’s largest asset manager BlackRock has launched a new Asia-focused climate action fund in Singapore which has attracted over $426 million Read More

Finance Featured News Regional

ADX Lists $1.5 Billion Dual-Tranche TAQA Bonds on Main Market

Global Business Magazine September 11, 2023

Abu Dhabi Securities Exchange (ADX) has announced the secondary listing of Abu Dhabi National Energy Company’s (TAQA) dual-tranche $1.5 billion bonds on Read More

Economy Featured Finance News Regional

China’s Economic Slow-Down Impacts HNWIs

Global Business Magazine September 8, 2023

The slow-down in economic growth has impacted the High Net-Worth Individuals (HNWIs) in China and the value of their investable assets grew Read More

Finance Featured News Regional

AD Ports Completes Two Concessionary Agreements in Q2-2023

Global Business Magazine September 8, 2023

The revenue of ABU Dhabi (AD) Ports saw 66% Y-o-Y growth to $540 million in 2Q of 2023, mainly driver by the maritime cluster, according Read More

Finance Featured News Regional

BHM Capital is Top Broker in Dubai Bourse in Attracting

Global Business Magazine September 7, 2023

BHM Capital, one of the leading financial institutions in the UAE capital markets, continues to hold its sway among the new investors Read More

Banking Featured Finance News Regional

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

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

Business Featured Finance News Regional

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

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