Category :Finance

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

Finance Bonds Featured News Regional

UAE’s SCA Exempts Firms Listing Green Bonds and Sukuk from Registration Fees

Global Business Magazine June 8, 2023

The UAE’s Securities and Commodities Authority (SCA), has approved a proposal to exempt companies wishing to list their green or sustainability-related Read More

Finance Featured News Regional

Demand for Private Credit Increase in UAE

Global Business Magazine June 7, 2023

In the backdrop of rising inflation and interest rates, the past two years have seen an exponential rise in the activity of Read More

Finance Featured News Regional

Egypt Leads Middle East and Africa in Attracting FDI

Global Business Magazine June 5, 2023

Foreign direct investment (FDI) into the Middle East and Africa (MEA) region has increased in 2022, with the number of announced FDI projects Read More