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Category :News

Dubai’s proptech start-up Huspy Raise $37 million in series A round

Global Business Magazine June 24, 2022

Huspy, the Dubai-based proptech start-up, on Tuesday said that it has raised $37 million in its series A financing round led by Sequoia Read More

Economy Featured News Regional

GCC to aid Middle East region’s economic growth in 2022

Global Business Magazine June 24, 2022

The six-member Gulf Cooperation Council (GCC) will be the mainstay for the Middle East region’s GDP growth which is forecast at 5.2% Read More

Energy Featured News Regional

UAE joins Global Alliance for hydrogen and fuel cells

Global Business Magazine June 24, 2022

The UAE has joined International Partnership Initiative for Hydrogen and Fuel Cells in the Economy (IPHE) in its plans to reduce carbon Read More

2.4 million passengers expected to pass through Dubai airport from June 24 to July 4

Global Business Magazine June 23, 2022

As many as 2.4 million passengers are expected to pass through Dubai International Airport (DXB) between June 24 and July 4, with average daily traffic Read More

Business Featured News Regional

Imdaad and LMD Group set up JV in Egypt

Global Business Magazine June 23, 2022

Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services, has joined hands with Egyptian real estate company LMD Read More

Real Estate Featured News Regional

Aldar announces new project at Grove District in Abu Dhabi

Global Business Magazine June 23, 2022

Aldar Properties on Wednesday announced the launch of new apartments at Grove District, a new at Abu Dhabi's Cultural Epicentre on Saadiyat Read More

Business Featured News Regional

Emirates expect a record 550,000 customers to fly out from UAE this Summer

Global Business Magazine June 22, 2022

Emirates, the UAE’s national carrier, is gearing to meet the demand as travel rebounds from the impact of the pandemic. The Read More

Real Estate Featured News Regional

UAE’s residential properties’ transaction value grows Q-o-Q in Q1 of 2022

Global Business Magazine June 22, 2022

The transaction value for residential properties in Q1 of 2022 in Dubai, which stood at $7.9 billion compared with $6.26 billion in Q4 of 2021, a 26% Read More

Finance Featured News Regional

ADX develops FADX 15 in partnership with FTSE Russell

Global Business Magazine June 22, 2022

The Abu Dhabi Securities Exchange (ADX), the second largest bourse in terms of market value, and FTSE Russell have partnered to develop Read More

Banking News World

Israel’s Bank Leumi eyes share offering of around $578 million

Global Business Magazine June 22, 2022

Leumi (LUMI.TA), one of Israel's two largest banks, said it was considering a share offering in Tel Aviv of around 2 billion Read More