Category :Regional

Business Companies Funding Private Equity Regional sovereign wealth funds

Mubadala Capital Closes Fourth PE Fund for $3.1 Billion

Global Business Magazine October 23, 2024

Mubadala Capital, the wholly owned alternative asset management subsidiary of Mubadala Investment Company, has announced the successful closure of its fourth private Read More

Business Companies Infrastructure Regional

Parkin and Majid Al Futtaim Offer Seamless Parking

Global Business Magazine October 23, 2024

Parkin Company, the largest provider of paid public parking facilities and services in Dubai, on Wednesday said that it has signed an Read More

IMF Regional World Bank

IMF Revises UAE’s Growth to 5.1% in 2025

Global Business Magazine October 23, 2024

Despite escalating geopolitical tensions and trade protectionism, the International Monetary Fund (IMF) has revised upwards its growth forecast for the UAE in 2025 Read More

Business Companies IPOs Regional

Lulu Group Plans IPO on Abu Dhabi Securities Exchange

Global Business Magazine October 22, 2024

Lulu Retail Holdings, the largest and fastest growing pan-GCC full-line retailer and a public company limited by shares incorporated in the Abu Read More

Featured Companies Imports and exports Regional World

MATRADE Targets $230 Million in Export Sales at MIHAS@Dubai

Global Business Magazine October 22, 2024

Malaysia External Trade Development Corporation (MATRADE) on Tuesday said that it will aim for $230 million in export sales at the upcoming MIHAS@Read More

Banking Companies Earnings Regional

FAB’s Group Revenue Reach $6.51 Billion in 9M-2024

Global Business Magazine October 18, 2024

First Abu Dhabi Bank (FAB), one of the largest banks in the UAE as well as in the GCC region, on Friday Read More

Business Airlines Companies Regional World

Telegraph Travel Name Emirates as World’s Best Airline

Global Business Magazine October 18, 2024

Emirates, Dubai’s national carrier, on Friday said that it has been named as the ‘World’s Best Airline’ amongst 90 global carriers Read More

Business Companies e-commerce Regional World

Mastercard, noon Bring Payment Passkey Service to Middle East

Global Business Magazine October 18, 2024

Making further inroads into the region’s e-commerce sector, Mastercard has partnered with noon Payments, one of the biggest payment service providers Read More

Business Banks Companies Regional

Emirates NBD Posts $7.9 Billion Profit in 9M-2024

Global Business Magazine October 17, 2024

Emirates NBD, one of the leading banks in Dubai, on Thursday reported a record profit of $7.9 billion for the first nine months Read More

Regional Companies Finance Funding News

Saudi Fund for Development backs Three Projects in Serbia

Global Business Magazine October 17, 2024

Serbia’s agriculture, education and energy sectors received a shot in the arm as the Saudi Fund for Development (SFD) signed three Read More