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Category :Finance

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

Banks Business Finance World

Swedish Banks Safe Compared with 2023’s Five Failed Banks

Global Business Magazine December 12, 2024

Some of the Swedish banks have displayed several of the vulnerabilities like the five banks – four in the US and one in 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 ETFs World

Value of Mirae Asset’s Global ETFs Cross $139 Billion

Global Business Magazine December 11, 2024

South Korea’s Mirae Asset Global Investments has achieved a significant milestone, with its global exchange-traded funds (ETFs) surpassing $139 billion won in 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

Wealth Regional Technology World

Total Wealth of Billionaires Increase by 121% since 2015

Global Business Magazine December 5, 2024

The total wealth of billionaires increased by 121% globally from $6.3 trillion to $14 trillion between 2015 and 2024, Zurich-based UBS, a multinational investment bank and financial 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