Category :Finance

Finance Featured News Regional

UAE’s Federal Tax Authority conduct 9,948 inspections in H1-2022

Global Business Magazine August 8, 2022

The UAE’s Federal Tax Authority (FTA) has expanded its efforts in collaboration with various government departments, ministries and authorities to protect Read More

Finance Featured News Regional

Saudi’s VC funding in start-ups grow by 244% in H1 of 2022

Global Business Magazine August 3, 2022

Venture Capital (VC) funding in the Saudi Arabia’s start-ups grew by 244% to a record high $584 million in the first six months Read More

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