Category :Finance

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

Finance Featured News Regional

BNPL market expected to reach around $90 billion by 2030

Global Business Magazine August 29, 2022

The value of “Buy Now, Pay Later” (BNPL) market is the Middle East region was $7.18 billion in 2021 and is expected to reach Read More

Finance Featured News Regional

Global NFT transactions to grow to 40 Million by 2027

Global Business Magazine August 23, 2022

A new study from Juniper Research on Monday has found that the global number of NFT (Non-fungible Token) transactions will rise from 24 Read More

Finance Featured News Regional

UAE positioned as the fifth-most Crypto-ready country in 2022

Global Business Magazine August 23, 2022

The UAE is ranked fifth in the world as the crypto-ready country in the world in 2022. The top slot is occupied by Read More

Finance Featured News Regional

GCC’s financial wealth to reach $3.5 trillion by 2026, says BCG Report

Global Business Magazine August 23, 2022

The Gulf Cooperation Council (GCC) financial wealth will experience a sturdy Compound Annual Growth Rate (CAGR) of 5.2% in new wealth, rising from $2.7 Read More

Finance Featured News Regional

Egypt’s Central Bank keep interest rates unchanged

Global Business Magazine August 22, 2022

The Monetary Policy Committee (MPC) of Egypt has decided to keep the Central Bank of Egypt’s (CBE) interest rates unchanged for Read More

Finance Featured News Regional

Abu Dhabi fund for development supporting developmental activities around the World

Global Business Magazine August 22, 2022

Ever since its inception five decades ago, the state-owned Abu Dhabi Fund for Development (ADFD) has allocated funds to the tune of $32 Read More