Category :Funding

Business Companies Funding Regional Technology

Saudi Arabia’s OmniOps Close $8 Million Funding Round

Global Business Magazine December 19, 2024

OmniOps, the first Saudi Arabia-based AI Infrastructure Technology provider, has successfully closed $8 million funding round from GMS Capital Ventures. This strategic anchor Read More

Business Artificial Intelligence Companies Funding World

Databricks Raise $10 Billion in Series J Funding

Global Business Magazine December 18, 2024

Databricks, the Data and Artificial Intelligence (AI) company headquartered in San Francisco, on Tuesday said that was raising $10 billion of expected non-dilutive Read More

Business Funding Regional

Egyptian Government Pays $20 Million to Dana Gas

Global Business Magazine December 12, 2024

Dana Gas, the Middle East’s largest regional private sector natural gas company, on Thursday said that it has received a payment Read More

Business Companies Funding Mining World

Australia to Provide More Funds to Iluka Resources

Global Business Magazine December 6, 2024

The Australian Government has agreed to provide $257.2 million as additional financing support to Iluka Resources to develop the Eneabba rare earths refinery Read More

Business Companies Funding Regional wind farm World

AfDB Okays $170 Million Loan for Egypt’s Wind Farm Project

Global Business Magazine December 4, 2024

The African Development Bank (AfDB) has said that it has approved a loan of up to $170 million to support the development of Read More

Asian Development Bank Funding Infrastructure World

ADB Funds Water Resource Management Projects in Cambodia

Global Business Magazine December 3, 2024

The Asian Development Bank (ADB) on Tuesday announced that it has approved two projects with $173 million in loans and grants to accelerate Read More

Banks Business Companies Funding Regional

Saudi Banks Report 3.7% growth in L&A in Q3-2024

Global Business Magazine December 2, 2024

Driven by a 4.4% rise in corporate and wholesale banking, Saudi Arabia’s ten largest banks have reported a 3.7% q-o-q increase in Loans & Read More

Banks Business Companies Funding World

EIB Provides $370.27 Million in Loan to Czech Bank

Global Business Magazine December 2, 2024

The European Investment Bank (EIB) said that it has provided $370.27 million in loan to Czech bank Ceskoslovenska Obchodni Banka (CSOB) to expand Read More

Business Funding Hospitality World

Wyndham Hotels and Lafayette Square Unveil $100 Million Fund

Global Business Magazine November 15, 2024

Wyndham Hotels & Resorts has teamed up with investment firm Lafayette Square to unveil a $100 million fund to provide diverse hoteliers with improved Read More

Business Companies fintech Funding World

Canadian Fintech Firm Neo Financial Raises $258 Million

Global Business Magazine November 13, 2024

Canadian fintech firm Neo Financial has secured a substantial $258.2 million in Series D funding, which includes $78.9 million in equity and $179.3 million in Read More