Category :Finance

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

Finance Featured News Regional

GCC Markets’ slide continues amid global sell-off in June

Global Business Magazine July 8, 2022

The GCC markets’ aggregate index declined for the second consecutive month during June 2022 tracking weak global trends as inflation and recession fears Read More

Finance Featured News Regional

EMs see $4 billion outflows in June amid fears of global recession

Global Business Magazine July 8, 2022

The Institute of International Finance (IIF), the global association of the financial industry, with close to 450 members from 70 countries, on Thursday said Read More

Finance Featured News Regional

Saudi Arabia has highest gold reserves in the Arab world

Global Business Magazine July 7, 2022

The yellow metal has not lost its sheen in the Middle East as region’s countries are scurrying to improve their gold Read More

Finance Featured News Regional

DFSA imposes fine of $240,000 on three companies in Dubai

Global Business Magazine July 7, 2022

The Dubai Financial Services Authority (DFSA) on Wednesday published Decision Notices taking action against Stuart Coles (Mr Coles) and three related companies Read More

Finance Featured News Regional

TECOM Group’s shares rise marginally on its debut on DFM

Global Business Magazine July 6, 2022

The shares of Dubai business park operator TECOM Group rose marginally on the company's trading debut on the Dubai Financial Market (DFM) Read More