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Category :Finance

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

Technology Featured Finance News Regional

MENA’s Gaming Industry Poised for Robust Growth

Global Business Magazine May 30, 2023

The Gaming revenues are expected to almost double by 2027 from 2021 in the Middle East and North Africa (MENA) region, reaching $6 billion, according Read More

Technology Featured Finance News

CFO STRATECH’s Conference to Discuss Major Issues on May 18

Global Business Magazine May 16, 2023

The theme for CFO STRATECH conference, which will be held in Mumbai on Thursday (May 18), is “Tech as a Strategy Roadmap for Read More

Technology Crypto Featured Finance News Regional

Marathon Digital Holdings and Zero Two to Operate Bitcoin Mining Facilities in Abu Dhabi

Global Business Magazine May 16, 2023

Marathon Digital Holdings Inc, a leader in supporting and securing the Bitcoin ecosystem, and Zero Two, an emerging blockchain and digital assets Read More

Economy Featured Finance News Regional

Abu Dhabi Fastest-Growing Economy in MENA Region

Global Business Magazine May 15, 2023

Abu Dhabi’s Gross Domestic Product (GDP) registered a 9.3% growth in 2022, thus making it the fastest growing economy in the Middle East Read More

Business Featured Finance News Regional

Emirates Reports Record Profit of $3 Billion in 2022-23

Global Business Magazine May 12, 2023

Spurt in travel demand ensured the UAE’s national carrier Emirates to register record profits in 2022-23.Read More