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Category :Regional

Saudi to Borrow $37 Billion to Cover Budget Deficit

Global Business Magazine January 6, 2025

Saudi Arabia’s Finance Minister Mohammed bin Abdullah Al-Jadaan has approved the annual borrowing plan for the fiscal year 2025, which was ratified Read More

Banks Business Funding Regional SMEs

Qatar Development Bank Funds $410 Million to SMEs

Global Business Magazine January 6, 2025

Small and Medium Businesses (SMEs) in Qatar received a boost in 2024 as Qatar Development Bank (QDB) on Sunday said that it has Read More

Business Companies Regional Transportation

Dubai Taxi Plans to Achieve Double-Digit Growth by 2029

Global Business Magazine January 3, 2025

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, on Friday said that it has set a target Read More

Business Companies Regional Tourism

Qatar Receive Five Million Tourists in 2024

Global Business Magazine January 3, 2025

Tourism in Qatar has crossed a new milestone with as many as five million tourists visited the Gulf nation in 2024. This achievement Read More

Business Companies Oil & Gas Regional World

ADES Secures $276 Million Offshore Contract in Thailand

Global Business Magazine January 3, 2025

ADES Holding Company, a world leading international oil and gas drilling services provider, has received a Letter of Award (LOA) from PTTEP Read More

Business Companies Regional Retail

Dubai Duty Free Reports New Sales Record in 2024

Global Business Magazine January 2, 2025

Dubai Duty Free (DDF), which is responsible for duty-free selling operations at Dubai International Airport and Al Maktoum International Airport, has ended 2024 Read More

Business Companies Funding Regional

Private Market Fundraising Develops in MENA

Global Business Magazine January 2, 2025

The growing influence of capital sources originating from the Middle East and North Africa (MENA) region has been touted for several years, Read More

Business Companies Funding Regional

Israel’s Privately-held Tech Firms Raise $9.8 Billion in 2024

Global Business Magazine January 2, 2025

The ongoing tensions between Israel and the Arab world notwithstanding, private tech firms in Israel have raised $9.58 billion in 2024, compared with $6.9 billion Read More

Business Assets Under Management Regional sovereign wealth funds World

Assets of SWFs Reach $13 Trillion Globally in 2024

Global Business Magazine January 1, 2025

State-Owned Investors reached a historical peak of assets under management, thanks to market returns and sustained high oil prices. Sovereign Wealth Funds (Read More

Business Bonds Companies ETFs Regional World

SSGA Launches Saudi Arabia Sovereign Bond in Europe

Global Business Magazine December 31, 2024

The US-based State Street Global Advisors (SSGA), the asset management business of State Street Corporation which is listed on New York Exchange, Read More