Category :Finance

Business Companies Energy Environment Funding World

Financing New Coal Projects May Hamper Indonesia’s Decarbonisation Plans

Global Business Magazine June 19, 2024

Financing from two Indonesian banks - Bank Mandiri, the largest bank in Indonesia in terms of assets, loans, and deposits, and Bank Read More

Economy Regional Wealth Wealth World

UAE Leads in Attracting Migrating Millionaires Globally

Global Business Magazine June 19, 2024

With its zero income tax, golden visas, luxury lifestyle, and strategic location, the UAE has entrenched itself as the world’s number Read More

Banking Precious Metals Regional Wealth World

Gold Most Sought After Asset by Central Banks Across the World

Global Business Magazine June 19, 2024

The yellow metal will never lose its sheen and an increasingly complex geopolitical and financial environment is making gold reserves management more Read More

Banking Featured Funding World

China’s Central Bank Injects Over $281 Billion to Its Banking System

Global Business Magazine June 7, 2024

China’s central Bank - People’s Bank of China – announced that it has conducted $281.27 million of seven-day reverse repos at an Read More

Business Crypto Featured Regional World

Paxos International Launches Yield-Bearing Stablecoin in Argentina

Global Business Magazine June 6, 2024

Paxos International, the UAE-based affiliate of Paxos, has announced Lift dollar (USDL) – a yield-bearing stablecoin issued under regulatory supervision – is now available Read More

Economy ESG BONDS Finance Green Energy Investments World

Australia Issues Inaugural Green Treasury Bond at $4.66 Billion

Global Business Magazine June 5, 2024

In a major milestone for Australia’s sustainable finance market, the government has issued its inaugural billion green treasury bond at $4.66 billion, Read More

Finance Featured News Regional

Lunate, Blue Owl Capital Acquire Minority Stake in Linden Capital

Global Business Magazine June 4, 2024

Abu Dhabi-based alternative asset manager Lunate Capital and American asset manager Blue Owl Capital on Tuesday announced that they have acquired a Read More

Finance Infrastructure Regional

 TAQA-led Consortium Achieves Financial Closure for Juranah ISWR Project

Global Business Magazine June 4, 2024

Financial closure for Juranah Independent Strategic Water Reservoir Project (ISWR-1) achieved.Read More

Business Funding Investments Private Equity Regional World

ADIA Anchors Pemberton’s New NAV Financing Strategy

Global Business Magazine June 4, 2024

Pemberton Asset Management (Pemberton), a leading European private credit manager, has announced that a wholly owned subsidiary of Abu Dhabi Investment Authority (Read More

Finance Crypto

The Future of Blockchain in Banking Beyond Cryptocurrency

Global Business Magazine June 1, 2024

Blockchain technology, initially developed as the architecture underpinning cryptocurrencies such as Bitcoin, is poised to revolutionize the banking sector far beyond the Read More