Category :News

Economy Aviation Featured News World

UK Businesses Oppose UK’s Retail Export Scheme

Global Business Magazine May 2, 2024

The recommendations of the Office for Budget Responsibility (OBR) in the UK not to scrap the VAT Retail Export Scheme, which is Read More

Banking Featured News

First Abu Dhabi Banks Reports Growth in Net Profit and Revenue in Q1-2024

Global Business Magazine May 2, 2024

Underlining its bank’s consistent growth trajectory, First Abu Dhabi Bank (FAB), one of the largest bank in the Middle East, on Read More

Business Featured News Regional

UAE’s EDGE Buys Majority Stake in Brazils’ CONDOR

Global Business Magazine May 2, 2024

EDGE, one of the world's leading advanced technology and defence groups based in the UAE, on Wednesday announced that it has acquired Read More

Finance Featured News World

Bitcoin and Ethereum ETFS to Make Debut on Hong Kong Bourse on Tuesday

Global Business Magazine April 29, 2024

Bitcoin and Ethereum Exchange-Traded Funds (ETFs) will be making their debut on the Stock Exchange of Hong Kong Exchange (HKEX) on Tuesday (Read More

Business Featured Mergers and Acquisitions News Real Estate World

KKR Acquires 19 Student Housing Properties from Blackstone

Global Business Magazine April 29, 2024

Global investment Firm KKR on Thursday announced that it will acquire a portfolio 19 purpose-built student housing properties in the US from Blackstone Read More

Economy Featured News World

Hong Kong Exchange Likely to List 80 IPOs in 2024

Global Business Magazine April 26, 2024

China’s IPO market is set to stage a comeback with Hong Kong Exchange likely to list 80 listings with an estimated aggregate Read More

Banking Featured News Regional

Emirates NBD’s Profits Surge 67% in Q1 of 2024

Global Business Magazine April 26, 2024

The profits of Dubai-headquartered lender Emirates NBD surged 67% to a record $1.82 billion in the first quarter of 2024 compared with the previous quarter Read More

Finance Featured News Regional

Drake & Scull International Begins Subscription Process of Its Shares

Global Business Magazine April 26, 2024

As part of its restructuring process, Drake & Scull International, a global engineering listed on Dubai Financial Market (DFM), on Thursday commenced the Read More

Banking Featured News Regional

Dubai Islamic Banks Report Net profit of $500 million

Global Business Magazine April 25, 2024

Higher total income coupled with lower impairment charges helped Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, to post Read More

Economy Featured News Regional

Al Mal Capital REIT Raises $49.01 Million Through Its Rights Issue

Global Business Magazine April 25, 2024

Al Mal Capital REIT (AMCREIT), the first REIT listed on DFM and managed by Al Mal Capital, a subsidiary of Dubai Investments, Read More