Category :Finance

Business Companies Funding Private Equity Regional sovereign wealth funds

Mubadala Capital Closes Fourth PE Fund for $3.1 Billion

Global Business Magazine October 23, 2024

Mubadala Capital, the wholly owned alternative asset management subsidiary of Mubadala Investment Company, has announced the successful closure of its fourth private Read More

Business Companies ETFs World

Australian ETFs Register Impressive Growth in September

Global Business Magazine October 22, 2024

The Australian Exchange Traded Fund (ETF) industry continues to scale new heights reaching a record $226 billion in funds under management for September. Read More

Economy Funding IMF World

Principality of Liechtenstein Joins IMF

Global Business Magazine October 22, 2024

The Principality of Liechtenstein, a German-speaking, 25 km-long Principality between Austria and Switzerland, became the 191st member of the International Monetary Fund (IMF) Read More

Regional Companies Finance Funding News

Saudi Fund for Development backs Three Projects in Serbia

Global Business Magazine October 17, 2024

Serbia’s agriculture, education and energy sectors received a shot in the arm as the Saudi Fund for Development (SFD) signed three Read More

Business Companies Investments Private Equity Regional Venture Capital

PE & VC Investments Increase in Middle East

Global Business Magazine October 14, 2024

Private equity (PE) and venture capital (VC) investments in the Middle East have increased so far in 2024, targeting businesses that are outside Read More

Business Companies Crypto Digital Assets World

Nigeria Ranked Second Globally in Crypto Adoption Index

Global Business Magazine October 4, 2024

Nigeria in the Sub Saharan Africa region has been ranked second in the world in global crypto adoption index and the country Read More

Finance Business Companies Mergers and Acquisitions Regional World

Marex Group Acquires Abu Dhabi-based Aarna Capital

Global Business Magazine October 3, 2024

Aarna Capital is a multi-asset brokerage firm, operating from Abu Dhabi Global Markets (ADGM), has been acquired by the UK-based Marex Group Read More

Business Artificial Intelligence Companies Funding Regional World

OpenAI Raise $6.6 Billion to Scale Benefits of AI

Global Business Magazine October 3, 2024

OpenAI, developer of generative artificial intelligence chatbot ChatGPT, on Wednesday said that it has raised $6.6 billion in new funding at a $157 billion Read More

Business Assets Under Management Companies Wealth World

Apollo Plans to Develop Its AUM to $1.5 Trillion

Global Business Magazine October 2, 2024

The US-based Apollo Global Management has drawn up ambitious plans to more than double its assets under management (AUM) - from $696 billion Read More

Business Companies Funding World

Citi and Apollo Form $25 Billion Private Credit Venture

Global Business Magazine September 27, 2024

Two New York Stock Exchange (NSE)-Listed companies - Citigroup Inc. and Apollo – on Thursday announced that they have entered into an Read More