Category :Finance

Finance Featured News Regional Technology

Five UAE Fintech Firms Figure in Forbes Middle East’s Top 30 List for 2023

Global Business Magazine July 5, 2023

As many as five fintech companies based in the UAE have found a place in the list of Forbes Middle East Top 30 Read More

Finance Environment Featured News Regional

Climate Finance is Grossly Inadequate in Developing Countries, says UAE Minister

Global Business Magazine July 3, 2023

Sultan Al Jaber, the UAE’s Minister of Industry and Advanced Technology and COP28 President-Designate expressed concern over the availability of climate Read More

Finance Economy Featured News Regional

World Bank’s IFC to Help Egypt in Asset Monetisation Programme

Global Business Magazine June 28, 2023

The Egyptian government has appointed World’s Bank’s International Finance Corporation (IFC) as strategic advisor for its assets monetisation programme to Read More

Economy Featured Finance News Regional

Dubai Emerging as ‘Global Destination’ for Entrepreneurs in MENA, Says Report

Global Business Magazine June 28, 2023

Dubai is home to over 40% of the Middle East and North Africa (MENA) region’s scale-ups, with 306 among them calling the Emirate Read More

Banking Featured Finance News Regional

GCC Banks’ Profits Soar in Q1 of 2023

Global Business Magazine June 15, 2023

Aggregate net profit for listed banks in the GCC reached a new record high during Q1 this year, mainly led by a Read More

Finance Business Featured News Regional

DIFC Continues to Attract Asset and Wealth Management Firms Into Its Fold

Global Business Magazine June 15, 2023

The race between the UAE and Saudi Arabia – the two biggest economic power houses in the Arab world – to attract major wealth Read More

Finance Featured News Regional

ADX Sees Stupendous Growth of Values and Volumes of ETFs Till May This Year

Global Business Magazine June 14, 2023

The Abu Dhabi Securities Exchange (ADX), one of the fastest growing bourses in the world, has recorded an increase in the values ​​Read More

Banking Featured Finance News Regional

Transactions in UAE Banking System Soar to $3.74 Trillion in One Year

Global Business Magazine June 12, 2023

The total transactions in the UAE money transfer system affiliated with the Central Bank exceeded a whopping $3.74 trillion in one year – between Read More

Banking Finance News Regional

UAE and Qatari Banks to Advice Hong Kong on Industry Issues

Global Business Magazine June 8, 2023

In a move aimed further strengthening cooperation between Hong Kong and the GCC region, the banks from the UAE and Qatar will Read More

Technology Featured Finance News

Google to Impose 14% VAT on Services in Egypt from Next Month

Global Business Magazine June 8, 2023

Global tech giant Google, has notified its users of imposing a 14% value-added tax on its electronic services in Egypt, starting July this Read More