Tags :Economy

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

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

Finance Featured News Regional

Agthia Group’s Net Revenue Grows to $1.24 Billion in 2023

Global Business Magazine April 25, 2024

The Abu Dhabi-based Agthia Group, one of the leading food and beverage companies in the region, reported a strong fiscal performance in 2023, Read More

Business Featured News Regional

UAE Mining Firm to Launch Lithium Extraction Project in Argentina

Global Business Magazine April 25, 2024

After two years of negotiations between the government of Catamarca province in Argentina and a foreign consortium, the UAE-based United Mining Projects Read More

Business Mergers and Acquisitions News Regional

ADQ Makes Investment in Australia, Acquires 49% Stake in Plenary

Global Business Magazine April 25, 2024

Plenary, an independent investor, developer and manager of public urban and community infrastructure, specialising in public-private partnerships in Australia, on Wednesday said Read More

Technology Featured News Regional

du Launches du Pay

Global Business Magazine April 25, 2024

du, from Emirates Integrated Telecommunications Company (EITC), has launched du Pay, marking a significant milestone in the UAE's transition toward a cashless Read More

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