Category :Finance

Finance Featured News Regional

VARA Grants Licence to Backpack to Launch Backpack Exchange

Global Business Magazine November 2, 2023

Dubai’s Virtual Assets Regulatory Authority (VARA), which supervises and regulates all virtual asset activities across the Emirate, has issued licence to Read More

Finance Featured News Regional

DFM Net Profit Soars 109% to $51 Million in First Nine Months of 2023

Global Business Magazine November 2, 2023

Dubai Financial Market’s (DFM) nine-month net profit soared by 109% to $50.69 million, compared with $243.23 million in the corresponding period in 2022. Read More

Economy Featured Finance News Regional

Singapore’s GDP Growth to Be Lower in 2023, Gain Pace Next year

Global Business Magazine October 31, 2023

Singapore’s central bank - Monetary Authority of Singapore (MAS) - on Monday projected the city-state’s gross domestic product (GDP) growth Read More

Finance Featured News Regional

Zain FinTech and Al Ansari Partnership to Revolutionise Region’s Financial Landscape

Global Business Magazine October 27, 2023

Zain FinTech, the financial services arm of Zain, a leading regional telecom group operating in seven markets across the Middle East and Read More

Finance Featured News Regional

Bahrain’s Investcorp Plans IPO on Abu Dhabi Securities Exchange

Global Business Magazine October 25, 2023

Bahrain-based Investcorp Capital, a provider of capital and capital financing services in the alternative investments space, on Tuesday announced its plans to Read More

Energy Featured Finance News World

IFC and OCP sign Agreement for Green Loan to Build Solar Power Plants

Global Business Magazine October 13, 2023

International Finance Corporation (IFC) and OCP Group, the world's largest phosphate-based fertilizer producer in Morocco, took a new step in their collaboration Read More

Finance Featured News Regional

IFC Likely to Offer Loan to Two Container Terminals in Egypt

Global Business Magazine October 6, 2023

The International Finance Corporation (IFC) is considering providing a loan of up to $175 million to help expansion of the Suez Canal Container Read More

Finance Featured News Regional

Taaleem Holdings’ Consolidated Revenue Grows by 29%

Global Business Magazine October 5, 2023

The consolidated revenue of Taaleem Holdings, a leading K-12 premium education provider in the UAE with a portfolio consisting of 26 schools and Read More

Finance Bonds Featured News Regional

FIVE Holdings Lists $350 Million Green Bond on Nasdaq Dubai

Global Business Magazine October 5, 2023

FIVE Holdings, a prominent luxury hospitality and development company based in Dubai, has made its debut listing of its $350 million Green Bond Read More

Finance Featured News Regional

Brookfield Mops Up $12 Billion in Global Private Equity Programme

Global Business Magazine October 4, 2023

Canadian Investment Firm Brookfield Asset Management on Tuesday announced that it has closed its latest flagship global private equity (PE) program, Brookfield Read More