Category :Finance

Finance Featured News Regional

AD Ports Completes Two Concessionary Agreements in Q2-2023

Global Business Magazine September 8, 2023

The revenue of ABU Dhabi (AD) Ports saw 66% Y-o-Y growth to $540 million in 2Q of 2023, mainly driver by the maritime cluster, according Read More

Finance Featured News Regional

BHM Capital is Top Broker in Dubai Bourse in Attracting New Accounts

Global Business Magazine September 7, 2023

BHM Capital, one of the leading financial institutions in the UAE capital markets, continues to hold its sway among the new investors Read More

Banking Featured Finance News Regional

ADCB prices $650 million Green Bond to Support UAE’s transition to NZE

Global Business Magazine September 7, 2023

Abu Dhabi Commercial Bank (ADCB) on Wednesday announced that it has successfully priced a $650 million green bond, second in the last 12 months, Read More

Technology Featured Finance News Regional

Alipay+ to Drive Payments Flexibility for UAE Tourists 

Global Business Magazine September 5, 2023

Astra Tech, one of the biggest tech ecosystems in the Middle East and North Africa (MENA) region, on Monday announced that it Read More

Business Featured Finance News Regional

GCC Assets under Management (AuM) Industry to Reach $500 Billion by 2026

Global Business Magazine September 5, 2023

The GCC asset management market is projected to grow, reaching about $500 billion in onshore assets by 2026, a leap from $400 billion at the Read More

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