Category :Finance

Banking Featured Finance News Regional

GCC Banks’ Credit Expansion Remains Strong in Q2 of 2023

Global Business Magazine September 5, 2023

Credit expansion in the Gulf Co-operation Council (GCC) banks remained strong during the second quarter of 2023 despite interest rates reaching decades-high levels Read More

Finance Featured News Regional

Saudi PIF-backed ADES Holding to Offer 30% Stake on Saudi Exchange

Global Business Magazine August 29, 2023

In what is touted as one of the biggest Initial Public Offering (IPO) on Saudi exchange’s main market Tadawul, ADES Holding Read More

Banking Featured Finance News World

Lombard Odier’s Assets Under Management is $223 Billion at the end of H1-2023

Global Business Magazine August 28, 2023

Lombard Odier’s Assets Under Management is $223 Billion at the end of H1-2023Read More

Finance Featured News Regional

Dubai’s BitOasis Secures Investment from CoinDCX

Global Business Magazine August 28, 2023

Dubai-based BitOasis, the leading crypto asset trading platform in the Middle East and North Africa (MENA) region, on Friday said that it Read More

Banking Featured Finance News Regional

UAE Banks Improve Profitability Supported by Increase in Operating Income in Q2 of 2023

Global Business Magazine August 25, 2023

Alvarez & Marsal (A&M), the leading global professional services firm, on Thursday released its latest UAE Banking Pulse for the second quarter Read More

Finance Featured Insurance News Regional

DFSA Approves Sukoon Insurance to Launch New Subsidiary in DIFC

Global Business Magazine August 23, 2023

Oman’s Sukoon Insurance has received approval from Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or Read More

Banking Featured Finance News World

Brazil’s Nubank Maintains Solid Profitability in Q2-2023

Global Business Magazine August 23, 2023

Nu Holdings, one of the world’s largest digital financial services platforms based in Brazil, has reported stupendous growth maintaining solid profitability, Read More

Real Estate Featured Finance News Regional

Global Investors Likely to Invest $120 Billion in Egypt’s Real Estate Sector

Global Business Magazine August 22, 2023

Egypt’s real estate sector is all set to receive a boost as the Middle East Sovereign Wealth Funds (SWFs) and investors Read More

Business Featured Finance News Regional

Mubadala Leads Global SWFs’ Investments in Brazil

Global Business Magazine August 22, 2023

Investments are pouring into Brazil, particularly from state-owned Sovereign Wealth Funds (SWFs) across the world in the last seven years, according to Read More

Business Featured Finance News Regional

Axiom Space Raise $350 Million backed by Aljazira Capital and Boryung

Global Business Magazine August 22, 2023

Axiom Space on Monday announced that it secured $350 million in its Series-C round of growth funding, lifting the total funds raised to Read More