Category :Finance

Finance Featured News Regional

Global Tech Firms Vow to Invest Over $11.9 Billion in

Global Business Magazine March 6, 2024

Tech companies from across the world have been making a beeline to Saudi Arabia announcing investments to the tune of over $11.9 billion Read More

Finance Featured Regional

TECOM Group to Distribute $108.91 Million as Dividend for H2-2023

Global Business Magazine March 6, 2024

TECOM Group, the creator of specialised business districts and vibrant communities, on Tuesday said that shareholders at its Annual General Assembly Meeting Read More

Finance Featured News Regional

Investcorp Leads in Funding Saudi Arabia’s Tech Start-Up Salla

Global Business Magazine March 6, 2024

Investcorp, a leading global alternative investment firm, said that it has led a $130 million pre-IPO investment round in the Makkah-based Salla, a Read More

Finance Featured News Regional

Dubai Taxi Company Reports Revenue of $530 Million in 2023

Global Business Magazine March 1, 2024

Backed by influx of international travellers visiting Dubai, Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in the Emirate, Read More

Finance Featured News World

European Council Adopts Regulation on Instant Payments in Eurozone

Global Business Magazine February 27, 2024

Making instant payments easier in the Eurozone, the European Council (EC) has adopted a regulation that will make such payments fully available Read More

Finance Featured News Regional

Mubadala and Goldman Sachs to Explore Private Credit Opportunities in

Global Business Magazine February 27, 2024

In order to capitalise on the fast-growing opportunities in private credit opportunities, Goldman Sachs and Abu Dhabi fund Mubadala Investment Company have Read More

Finance Aviation Featured News Regional

Flynas to Offer 37.1% shares Through its IPO on Tadawul

Global Business Magazine February 21, 2024

Saudi Arabia’s low cost carrier Flynas is planning to offer 37.1% of its shares through an Initial Public Offering (IPO) on the Read More

Finance News Regional

Chimera S&P India Shariah ETF Listed On ADX

Global Business Magazine February 2, 2024

Chimera S&P India Shariah Exchange Traded Fund (ETF), the first ETF tracking Indian equities to be launched in the region, has Read More

Finance Crypto Featured News World

Bitcoin Mining Consume 154.9 billion kWh Globally in 2023

Global Business Magazine January 23, 2024

It may sound incredible but the total power consumed in mining Bitcoin around the globe was put at 154.9 billion kilowatt-hours (kWh) in 2023, Read More

Finance Featured News Regional

OKX Middle East Secures VASP Licence from Dubai’s VARA

Global Business Magazine January 19, 2024

OKX Middle East Fintech FZE, the Dubai subsidiary of OKX, a leading cryptocurrency exchange and Web3 technology company, on Tuesday said that Read More