Category :News

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Dubai Islamic Bank Achieves 47% Growth in Total Income in Q1-2023

Global Business Magazine April 19, 2023

Dubai Islamic Bank (DIB), the UAE’s largest Shariah-compliant bank, on Thursday announced a 47% increase in total income to $1.2 billion for the Read More

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UAE’s M42 to Acquire European Dialysis Clinic Chain Diaverum

Global Business Magazine April 19, 2023

Abu Dhabi's M42, a newly created joint venture by Mubadala Investment Company and G42, has acquired Bridgepoint Group's European dialysis clinic chain Read More

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Shariah-compliant crypto Islamic Coin Aims to Exceed Bitcoin’s $1 Trillion Valuation

Global Business Magazine April 18, 2023

Emerging Shariah-compliant cryptocurrency Islamic Coin (ISLM) aims to exceed Bitcoin’s (BTC) $1 trillion valuation.Read More

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Emirates to Increase Flights across the GCC and Middle East Ahead of Eid Al Fitr

Global Business Magazine April 18, 2023

Emirates, the UAE’s national carrier, on Tuesday announced expansion of its schedule this week to offer 38 additional flights across six cities Read More

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Turkiye and Syria Earthquake Losses Comprise Over Half of Global Economic Losses in Q1-2023

Global Business Magazine April 18, 2023

The devastating earthquake in Türkiye and Syria on February 6, whose economic losses were approximately $39.1 billion, drove global natural disaster losses in Read More

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Stanchart and IFC Renew Commitment to Boost Global Trade by up to $6 Billion

Global Business Magazine April 18, 2023

Standard Chartered (Standchart) and the International Finance Corporation (IFC) have announced the signing of a $700 million investment in the IFC’s Global Read More

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G42 And Mubadala Announce Launch of Tech Healthcare Company M42

Global Business Magazine April 17, 2023

G42, the leading Abu Dhabi-based AI technology holding group, and Mubadala Investment Company, an Abu Dhabi-based global sovereign investor, on Monday announced Read More

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UAE to Make Fresh Investments Worth $2.45 Billion in Brazil

Global Business Magazine April 17, 2023

Brazilian President Luiz Inácio Lula Da Silva and his entourage reached an agreement with the UAE which foresees investments worth around $ 2.45 Read More

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Higher Interest Rates May Weaken NZ Dollar, Says BNP Paribas

Global Business Magazine April 17, 2023

The New Zealand dollar is likely to become “weaker” as higher interest rates are exposing the vulnerabilities in the country’s household Read More

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Finanze Group Launces Finanze Capital to Offer Bespoke Specialist Finance Solutions

Global Business Magazine April 17, 2023

The UK-based Finanze Group Launcxhes New Lending ArmRead More