Category :Finance

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

Business Featured Finance News Regional

Dubai Industrial City confirms $272 Million in investments at “Make it in the Emirates” Forum

Global Business Magazine June 2, 2023

Dubai Industrial City, a member of TECOM Group, and one of the region’s largest industrial and logistics hubs, on Thursday announced Read More

Finance Featured News Regional

ADNOC L&S Starts Trading Its Shares on ADX

Global Business Magazine June 2, 2023

ADNOC, the state-owned The Abu Dhabi National Oil Company, on Thursday announced the commencement of trading of ADNOC Logistics and Services (ADNOC Read More

Finance Featured News Regional

UAE’s BNPL Platform Tabby Raise Over $350 Million in Debt Facility

Global Business Magazine June 1, 2023

Tabby, a Dubai-based buy now, pay later (BNPL) platform, has raised more than doubled its debt facility to $350 million.Read More

Finance Featured News Regional

Saudi First Milling Co’s IPO Attracts $18 Billion in Order

Global Business Magazine May 31, 2023

Saudi Arabia’s market-leading First Milling Company, which announced the offer price range of its Initial Public Offering (IPO) on 18 May 2023, along Read More

Economy Finance News Regional

Inflation in GCC Region Likely to Drop in 2023 and 2024

Global Business Magazine May 30, 2023

Several measures initiated by the GCC countries ensured that Inflation remained relatively low in the region in 2022 despite averaging higher than estimates Read More