Category :News

Banking Featured News Regional

Saudi’s Top 10 Banks Performed Robust and Positively in 2023

Global Business Magazine March 19, 2024

The performance of top 10 listed banks in Saudi Arabia remained largely robust and positive as the operating income grew by 9.5% reflecting the Read More

Business Featured News Real Estate Regional

Abu Dhabi’s Most Expensive Apartment Sold for $37.31 Million

Global Business Magazine March 19, 2024

Aldar, the leading real estate developer, investor, and manager in the UAE, on Monday announced the sale of Abu Dhabi’s most Read More

Business Energy Featured Mergers and Acquisitions News Regional

Mubadala Capital and Petrobras in Talks to Form Downstream Partnership in Brazil

Global Business Magazine March 18, 2024

Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, which has invested more than $5 billion in Brazil since 2012, is Read More

Finance Featured News World

UHNWIs Grew by 4.2% in 2023, Says Report

Global Business Magazine March 18, 2024

The Number of ultra-high-net-worth individuals (UHNWIs) rose 4.2% globally in 2023 to 626,619 from 601,300 a year earlier, according to a research by Douglas Elliman and Read More

Economy Featured News Real Estate Regional

Nakheel and Meydan to Merge with Dubai Holding

Global Business Magazine March 18, 2024

Nakheel and Meydan - Dubai’s two real estate giants - will be merged with Dubai Holding in an effort to sustain Read More

Business Featured News World

Singapore’s FLCT Acquires Four Logistics Properties in Germany

Global Business Magazine March 18, 2024

Singapore’s Frasers Logistics & Commercial Asset Management Pte. Ltd, manager of Frasers Logistics & Commercial Trust (FLCT) signed a share purchase agreement with Read More

Finance Featured News World

Over $172 Billion Committed to PE Funds Between 2015 and 2023, Says: Report

Global Business Magazine March 18, 2024

As much as $172.65 billion has been committed to private equity (PE) funds between 2015 and 2023, Phenix Capital Group, an impact investment consultant that Read More

Banking Featured News Regional

Assets of UAE Banks Reach $1.1 Trillion by End-2023

Global Business Magazine March 18, 2024

The total assets of the banks operating in the UAE increased by 3.1% q-o-q, reaching $1.1 trillion at the end of the fourth quarter Read More

Business Aviation Featured News Regional

Archer Aviation and Falcon Aviation to Build Vertiport to Connect Dubai and Abu Dhabi

Global Business Magazine March 14, 2024

Archer Aviation Inc., a leader in electric flying cars, said that it has selected the UAE-based aviation services operator Falcon Aviation, as Read More

Finance Featured News Regional

Infini Capital Becomes First Asian Hedge Fund Manager in the ADGM

Global Business Magazine March 14, 2024

Infini Capital Management Limited, a Hong Kong-based multi-strategy alternative investment firm, has been granted an In-Principle Approval (IPA) from the Financial Services Read More