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Category :Finance

UAE takes lead among MENA start-ups in raising funds during March

Global Business Magazine April 15, 2022

The UAE, Saudi Arabia and Egypt have taken lead in raising funds for the start-ups in the Middle East and North Africa (Read More

Finance Featured News Regional

Revenues of Tadawul-listed companies cross $613 billion in 2021

Global Business Magazine April 15, 2022

Saudi companies listed on the Saudi Stock Exchange (Tadawul) recorded a 56.3% increase in their business, reaching total revenue of $613.3 billion by the Read More

Finance Featured News Regional

ADQ buys stakes in five Egyptian companies

Global Business Magazine April 15, 2022

ADQ, Abu Dhabi-based investment and holding company, has announced that it has clinched several deals with the publicly listed Egyptian companies across Read More

Finance Featured News Regional

DMCC attracts 665 new companies in Q1 of 2022

Global Business Magazine April 15, 2022

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – welcomed 665 companies to its Free Read More

Finance Featured News Regional

DEWA to commence trading of its shares from tomorrow

Global Business Magazine April 12, 2022

Dubai Electricity and Water Authority (DEWA) will start trading of its shares tomorrow (April 12), amid huge expectations from both domestic as well Read More

Finance Featured News Regional

Dubai’s National Bonds investments increased by 36% to Dh11.89 billion

Global Business Magazine April 12, 2022

National Bonds, a Sharia-compliant savings and investment company owned by the Investment Corporation of Dubai allows people to buy bonds and turn Read More

Finance Featured News Regional

Egypt’s first Sovereign Sukuk to make debut in H2 of 2022

Global Business Magazine April 11, 2022

Egypt, which is planning to issue first sovereign sukuk totaling around $2 billion in the second half of this year, is putting in Read More

Finance Featured News Regional

FDIs into UAE increase by 3.9% in 2021

Global Business Magazine April 11, 2022

The Foreign Direct Investment (FDI) into the UAE stood at $20.7 billion registering a growth of 3.9% in 2021 compared with the previous year. With Read More

Finance Featured News Regional

GCC markets likely to attract $1 billion as Russia is removed from MSCI index

Global Business Magazine April 8, 2022

The exclusion of Russia from MSCI’s Emerging Market Index is expected to attract additional passive flows to the tune of $1 billion Read More

Finance News World

Morning Bid: All about the hawks

Global Business Magazine April 8, 2022

Barring a last-minute rebound, global stock markets will end this week lower -- for European stocks that's the first weekly drop in Read More