Category :Finance

Finance Featured News Regional

UAE Ranked Second Globally in Attracting Greenfield FDI Projects in 2023

Global Business Magazine March 14, 2024

The UAE ranked second globally in the number of greenfield FDI projects in 2023, with 1280 projects, trailing only behind the US, which led Read More

Finance Featured News Regional

Money Transfer from UAE to Egypt Surges, says Al Ansari Exchange

Global Business Magazine March 13, 2024

Al Ansari Exchange, the largest remittance and foreign exchange company in the UAE, and a subsidiary of Al Ansari Financial Services Group, Read More

Finance Featured News Regional

Retail Investors Flock to subscribe to Modern Mills Company IPO

Global Business Magazine March 13, 2024

The Initial Public Offering of Saudi-based Modern Mills Company (MMC) saw strong demand from retail investors with a 22x oversubscription rate, the Read More

Finance Featured News Regional

MENA Start-Ups Contribute Second Highest Regional Deal Value in 2023

Global Business Magazine March 13, 2024

Start-ups in the Middle East & North Africa (MENA) region contributed to the second-highest regional deal value on record in 2023, according to a Read More

Finance Featured News Regional

DMCC Adds 2,692 New Companies in 2023

Global Business Magazine March 12, 2024

Dubai Multi Commodities Centre (DMCC) has added 2,692 companies in 2023 taking the total number of firms under the Centre top more than 24,000.Read More

Finance Featured News

AustralianSuper to Invest Over $10 Billion in UK by 2030

Global Business Magazine March 11, 2024

AustralianSuper, Australia’s biggest pension fund, said that it will inject a fresh $10.28 billion investment in the UK, taking its total investment Read More

Finance Featured News Regional

Binghatti Holding Lists $300 Million Sukuk Issuance on Nasdaq Dubai

Global Business Magazine March 11, 2024

Nasdaq Dubai welcomed the inaugural Sukuk listing by Binghatti Holding, a leading Dubai-based property developer on the region’s esteemed international financial Read More

Finance Featured News Regional

Aramco Reports Net Income of $121.3 Billion

Global Business Magazine March 11, 2024

Underpinned by its unique operational flexibility, reliability and low-cost production base, reflect the Company’s ongoing commitment to creating value for its Read More

Finance Featured News Regional

Bahrain’s Arcapita Closes KSA Logistics Fund III for $500 Million

Global Business Magazine March 8, 2024

Arcapita Capital Company (Arcapita), the shariah-compliant investment firm and a subsidiary of Arcapita Group Holdings Limited (Arcapita Group), has closed the KSA Read More

Finance Featured News Regional

Dubai’s VARA Grants Initial Approval for Nexo to conduct Crypto Activities

Global Business Magazine March 7, 2024

Nexo, the London-based leading digital assets institution, announced that its Dubai entity, Nexo Services FZE, has been awarded an Initial Approval (IA) Read More