Category :Finance

Finance Featured News Regional

Lord, Abbett Middle East Ltd opens office in DIFC

Global Business Magazine August 2, 2022

The US-based investment management firm, Lord Abbet Middle East Limited has received the approval of the Dubai Financial Services Authority (DFSA) to Read More

Finance Featured News Regional

Middle East’s SWFs consider various options re-allocate their assets

Global Business Magazine August 2, 2022

The Sovereign Wealth Funds (SWFs) in the Middle East region are looking at various options in their asset allocation due to spiralling Read More

Finance Featured News Regional

UAE markets add over $146.20 billion between January and July 2022

Global Business Magazine August 1, 2022

Supported by strong gains for listed shares, increasing demand from international investors, in addition to new listings, the UAE stock markets added Read More

Finance Featured News Regional

Saudi Arabia to list the $500 billion NEOM Project in 2024

Global Business Magazine July 26, 2022

The Saudi Arabia’s capital market Tadawul (TASI) will be richer by another $266 billion once the Kingdom’s $500 billion NEOM project will Read More

Finance News Regional World

Besix-led consortium achieves financial closure of Zayed Schools PPP

Global Business Magazine July 26, 2022

A consortium led by global infrastructure major Besix with Plenary, a leading independent long-term investor, developer, and manager of public infrastructure, as Read More

Finance Featured News Regional

Capital intelligence affirms UAE’s outlook for ratings as stable

Global Business Magazine July 25, 2022

Capital Intelligence Ratings (CI Ratings) has announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Read More

Finance Featured News Regional

OKX receives provisional licence to operate in Dubai

Global Business Magazine July 22, 2022

OKX, formerly known as OKEx, has secured a provisional virtual assets licence to operate in Dubai. The Seychelles-based cryptocurrency exchange has obtained Read More

Finance Featured News Regional

UAE largest Insurance market in the Arab World, says Swiss Re survey

Global Business Magazine July 22, 2022

The UAE is ranked first in the Arab region as the largest insurance market in terms of total insurance premiums, which was Read More

Finance Featured News Regional

World Bank okays $500 million loan to Egypt to fight food crisis

Global Business Magazine July 20, 2022

The World Bank has approved a $500 million loan to bolster Egypt’s efforts to ensure that poor and vulnerable households have uninterrupted Read More

Finance Featured News Regional

Dispute resolution cases increase by 10% in DIFC in H1 of 2022

Global Business Magazine July 20, 2022

The Dubai International Financial Centre (DIFC) Courts on Tuesday released figures for the first six months of 2022, reaffirming increased efficiency of process Read More