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Category :Finance

VARA Grants Conditional VASP Licence to Deribit FZE

Global Business Magazine April 3, 2024

Dubai’s Virtual Asset Regulatory Authority (VARA) has granted Deribit FZE, the Dubai-based arm of the Deribit group, a conditional virtual asset Read More

Finance Featured News Real Estate Regional

GFH Partners Complete $450 Million Investments in US Real Estate Sector

Global Business Magazine April 3, 2024

Bahrain-based GFH Partners Ltd, a subsidiary of GFH Financial Group, has announced that it has concluded investments totalling $450 million in the US Read More

Finance Featured News World

MAS Launches Digital Platform COSMIC to Combat Money Laundering, Terror financing

Global Business Magazine April 2, 2024

The Monetary Authority of Singapore (MAS) on Monday said that it has launched COSMIC, (Collaborative Sharing of Money Laundering /TF Information & Cases), Read More

Finance Featured News Regional

Agility Global Plans IPO on Abu Dhabi Securities Exchange in May

Global Business Magazine April 1, 2024

Kuwait-based Agility Public Warehousing Company’s subsidiary Agility Global, which is pursuing a listing on Abu Dhabi Securities Exchange (ADX), has approved Read More

Finance Featured News Regional

Saudi Arabia Witnesses Robust Growth in PE Investments Since 2021

Global Business Magazine March 29, 2024

Private Equity (PE) investment is growing steadily in Saudi Arabia as the Kingdom has witnessed three years of consecutive growth, closing 2023 with $4 Read More

Finance Environment Featured News Regional

Greywater Recycling Firm Hydraloop Raise Over $11 Million in Funding

Global Business Magazine March 28, 2024

Hydraloop, a pioneer in greywater recycling, has made a significant step in its Series-B funding round of $14.61 million, raising $11.36 million to date.Read More

Finance Featured News World

P1 Ventures Complete Second Fund Close at $35 Million

Global Business Magazine March 25, 2024

The US-based and pan African VC fund P1 Ventures has announced that it has completed the second close of its second fund Read More

Finance Featured News Regional

Nasdaq and Borse Dubai Launch Secondary Offering of Nasdaq Common Stock

Global Business Magazine March 21, 2024

Nasdaq, Inc. and Borse Dubai Limited have announced the commencement of a secondary offering by Borse Dubai of 26,956,522 shares of Nasdaq’s Read More

Finance Featured News Regional

US Has $67 Trillion in Global Liquid Investable Wealth

Global Business Magazine March 21, 2024

The US remains the world’s undisputed leader in private wealth creation and accumulation as it accounts for 32% of global liquid investable Read More

Finance Featured News Regional

Social Media Platform Reddit Raises $748 Million

Global Business Magazine March 21, 2024

The San Francisco-based social media platform Reddit, Inc. on Wednesday announced the pricing of its initial public offering (IPO) of an aggregate 22 Read More