Category :Finance

Finance Companies Earnings Regional

TECOM Group reports Revenue of $185.13 Million in Q1-25

Global Business Magazine May 2, 2025

Underpinned by Dubai’s robust economic performance and global investment appeal, Dubai-based TECOM Group on Friday said that its net profit increased 23% Read More

Finance Regional sovereign wealth funds Sukuk

PIF Announce Pricing of $1.25 Billion Global Sukuk Offering

Global Business Magazine May 2, 2025

Sukuk issuances in Saudi Arabia continues unabated with the Kingdom’s sovereign wealth fund -Public Investment Fund (PIF) on Thursday announced the Read More

Financial Services Business Companies Private Equity World

PE Deals on Rise in Europe’s Financial Services

Global Business Magazine April 24, 2025

Private Equity (PE) deal value for Europe’s financial services sector grew more than 20% y-o-y in the first quarter of this year, Read More

Economy GDP IMF Regional

IMF Slashes MENA’s Growth Rate for Next Two Years

Global Business Magazine April 23, 2025

The International Monetary Fund (IMF) has lowered the growth for the Middle East and North Africa (MENA) region by 90 bps for 2025 and 50 Read More

Economy GDP Wealth World

Vietnam Set to Become $1.1 Trillion Economy by 2035

Global Business Magazine April 23, 2025

Vietnam, whose real GDP growth was 7.1% last year ahead of most Asian economies, is all set to become a $1.1 trillion economy by 2035, Read More

Business Education Private Equity World

Yale University to sell Portfolio on PE Secondaries Market

Global Business Magazine April 23, 2025

Yale University is said to be considering a proposal to sell a portfolio on the private equity secondaries market, according to a Read More

Business Companies Funding World

Keppel Secures $1.53 Billion for Its Three Funds

Global Business Magazine April 21, 2025

Singapore-headquartered asset manager and operator Keppel Ltd on Monday said that it has secured close to $1.53 billion of capital commitments from global Read More

IMF Economy Funding World

Ghana Secures $370 Million Loan From IMF

Global Business Magazine April 16, 2025

Ghana on Tuesday said that it has secured a critical staff-level agreement with the International Monetary Fund (IMF), unlocking the release of Read More

Finance assets News Wealth World

Number of Billionaires Surpass 3000 This Year

Global Business Magazine April 7, 2025

Despite continuing global turmoil due to geopolitical tensions and insecurity, the number of billionaires worldwide has crossed the 3,000-mark for the first Read More

Finance Companies Regional stock exchange

Saudi Markets Lose $134 Billion Due to Reciprocal Tariffs

Global Business Magazine April 7, 2025

The Saudi stock market lost more than $134 billion in market value, with the market value of the shares of Saudi Aramco accounting Read More