Category :Finance

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

Finance Featured News Regional

Dubai ranked first among MENA cities to work for financial professionals

Global Business Magazine July 18, 2022

Dubai is one of the fastest-growing cities in the world and is gaining recognition as a financial hub as it attempts to Read More

Finance Featured News Regional

Steep decline in GCC issuances in 2022

Global Business Magazine July 14, 2022

Total fixed income issuances in the GCC stood at $37.2 billion during the first five months of 2022 as compared with $61.9 billion during the Read More

Finance Featured News Regional

DGCX trades contracts worth $11.6 billion in June

Global Business Magazine July 14, 2022

The Dubai Gold and Commodities Exchange registered a monthly Average Open Interest (AOI) of 120,960 contracts and notional value traded of $11.6 billion in Read More

Finance Featured News Regional

Crypto culture catching up with Saudis rapidly

Global Business Magazine July 14, 2022

Crypto fever is catching up in Saudi Arabia of late and the Kingdom is poised to become of the significant market for Read More

Finance Featured News Regional

Oman Investment Authority earns 10.3% in annual returns from 40 Countries

Global Business Magazine July 14, 2022

The average annual returns from the investments made in 40 countries was more than 10% till December 2021, the state-backed Oman Investment Authority (OIA) said Read More

Finance Featured News Regional

ADX and Bahrain bourse launch digital exchange hub Tabadul

Global Business Magazine July 12, 2022

The Abu Dhabi Securities Exchange (ADX) and Bahrain Bourse have launched the region’s first-of-its-kind digital exchange hub – Tabadul - to provide Read More

Finance Featured News Regional

The second federal treasury bond auction is announced by the ministry of finance

Global Business Magazine July 11, 2022

The UAE Ministry of Finance (MoF) announced on Saturday that the second auction of federal treasury bonds (T-Bonds) will take place on Read More

Finance Featured News Regional

Kuwait top in the world in billionaire ratio

Global Business Magazine July 8, 2022

Kuwait ranked first in the world with one billionaire for every 33,090 people, according to Ultrata Corporation magazine, which cited a report by Read More