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Category :Finance

Business Companies Funding Regional Technology

Zension Technologies Raise $30 Million in Series A Round

Global Business Magazine January 8, 2025

Riyadh-based start-up Zension Technologies on Tuesday said that it has raised a Series A round of $30 million led by Wa’ed Ventures, Read More

Business Companies Crypto Regional World

Phoenix Group Opens Crypto Mining Facility in North Dakota

Global Business Magazine January 6, 2025

The UAE’s multi-billion-dollar tech conglomerate, Phoenix Group, which is listed on the Abu Dhabi Securities Exchange (ADX) and one of the Read More

Business Companies Data Centres Funding World

Singapore’s Digital Edge Raise $1.6 Billion in Funding

Global Business Magazine January 6, 2025

Digital Edge (Singapore) Holdings Pte Ltd., a leading developer and operator of interconnection and hyper-scale edge data centres across Asia and portfolio Read More

Budget Finance Public Debt Regional

Saudi to Borrow $37 Billion to Cover Budget Deficit

Global Business Magazine January 6, 2025

Saudi Arabia’s Finance Minister Mohammed bin Abdullah Al-Jadaan has approved the annual borrowing plan for the fiscal year 2025, which was ratified Read More

Banks Business Funding Regional SMEs

Qatar Development Bank Funds $410 Million to SMEs

Global Business Magazine January 6, 2025

Small and Medium Businesses (SMEs) in Qatar received a boost in 2024 as Qatar Development Bank (QDB) on Sunday said that it has Read More

Business Companies Funding wind farm World

Equinor Secures Funding for Its US Wind Project

Global Business Magazine January 3, 2025

Norway’s state-owned energy firm Equinor has secured a project financing package of over $3 billion for its 810 MW offshore Empire Wind 1 Project Read More

Banking Funding World

Malaysia’s Banking Loan Growth Likely at 6% in 2025

Global Business Magazine January 3, 2025

Malaysia’s banking loan growth is projected at 6% in 2025, amidst uncertainties in foreign trade policies under the US President-elect Donald Trump’s Read More

Business Companies Funding Regional

Private Market Fundraising Develops in MENA

Global Business Magazine January 2, 2025

The growing influence of capital sources originating from the Middle East and North Africa (MENA) region has been touted for several years, Read More

Business Companies Funding Regional

Israel’s Privately-held Tech Firms Raise $9.8 Billion in 2024

Global Business Magazine January 2, 2025

The ongoing tensions between Israel and the Arab world notwithstanding, private tech firms in Israel have raised $9.58 billion in 2024, compared with $6.9 billion Read More

Business Bonds Companies ETFs Regional World

SSGA Launches Saudi Arabia Sovereign Bond in Europe

Global Business Magazine December 31, 2024

The US-based State Street Global Advisors (SSGA), the asset management business of State Street Corporation which is listed on New York Exchange, Read More