Category :Finance

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

Finance Featured News Regional

Air Arabia Reports Record profits in Q2- and H1-2023

Global Business Magazine August 16, 2023

Buoyed by growing demand for international travel, Dubai-based Air Arabia, the Middle East & North Africa’s first and largest low-cost carrier operator, Read More

Finance Featured News Regional

SHUAA Capital MD to Step Down, Likely to Sell His Stake 

Global Business Magazine August 15, 2023

SHUAA Capital’s managing Director Jassim Alseddiqi on Monday announced his decision to step down from his role and reposition his stake Read More

Finance Featured News Regional

TAQA Group Reports $3.68 Billion Net Income in H1-2023

Global Business Magazine August 15, 2023

State-owned TAQA, the Abu Dhabi National Energy Company, one of the largest listed integrated utilities in Europe, Middle East, and Africa (EMEA), Read More

Finance Crypto Featured Regional

Laser Digital receives Virtual Asset Service Provider Licence from Dubai’s VARA

Global Business Magazine August 3, 2023

Dubai’s crypto industry is growing, and the ecosystem has been gaining international attention with several globally reputed crypto firms securing licences Read More

Finance Featured News Regional

SHUAA Capital Launches Sharia-Compliant Fund with Focus on Saudi Arabia

Global Business Magazine August 2, 2023

Dubai-based SHUAA Capital, the leading asset management and investment banking platform in the region, announced the launch of a new Sharia-compliant fund Read More