Category :Finance

Finance Featured News Regional

EMPOWER raises over $724 million through its IPO

Global Business Magazine November 10, 2022

Emirates Central Cooling Systems Corporation (EMPOWER) has announced that it has successfully completed the book-build and public subscription process for its initial Read More

Finance Featured News Regional

UAE signs agreement with nine Insurance companies for unemployment insurance scheme

Global Business Magazine November 3, 2022

The UAE Ministry of Human Resources and Emiratisation (MoHRE) on Wednesday signed an agreement with nine local insurance companies, to launch the Read More

Finance Featured News Regional

Aramco’s income increase 39% YoY to $42.4 billion in Q3 of 2022

Global Business Magazine November 2, 2022

Saudi oil giant Saudi Aramco on Tuesday announced the third quarter financial results ending in September 2022 wherein the company’s income rose 39% Read More

Finance Featured News Regional

Abu Dhabi’s Bayanat plans to list 22.22% stake on ADX this week

Global Business Magazine October 18, 2022

Bayanat AI, a subsidiary of G42, will offer 22.22% (571.4 million) of its shares through an initial public offering (IPO) and list on the Read More

Finance Featured News Regional

Saudi Arabia’s Marafiq plans list its shares on Tadawul

Global Business Magazine October 3, 2022

Marafiq is an integrated utilities services provider with presence across the power and water value-chain. Together with its various subsidiaries, Marafiq is Read More

Finance Featured News Regional

24th Edition of CFO Leadership Summit India

Global Business Magazine September 13, 2022

Physical Conference on 22nd September 2022Read More

Finance Featured News Regional

Dubai’s toll gate operater Salik to come with IPO

Global Business Magazine September 7, 2022

Salik Company, Dubai’s exclusive toll gate operator has announced its intention to proceed with an initial public offering (IPO) and to Read More

Finance Featured News Regional

Over half of digital asset investors weathered storm in Crypto market

Global Business Magazine September 6, 2022

A survey conducted by Civic Science, the US-based business intelligence community, revealed that 54% of the digital asset investors weathered the storm and Read More

Finance Featured News Regional

Global Sukuk Issuance to reach $257 billion by 2027, says Refinitiv

Global Business Magazine September 2, 2022

Global sukuk issuance is poised for a big growth in the next five years with the compound annual growth rate (CAGR) of 6.8% Read More

Finance Featured News Regional

DFM posts 63% increase in its net profits in H1 of 2022

Global Business Magazine September 1, 2022

The Dubai Financial Market (DFM) on Friday announced its consolidated financial results for the first half of the year ended 30 June 2022, posting Read More