Economy - Global Business Magazine

AD Ports Group acquires 70% stake in Egyptian maritime companies

Global Business Magazine July 4, 2022

AD Ports Group on Friday announced that it has reached an agreement to acquire a 70% equity stake in International Associated Cargo Carrier Read More

Finance Featured News Regional

UAE-based fintech firm raises $41 million in new funding round

Global Business Magazine July 4, 2022

The UAE-based financial technology start-up and digital banking app YAP on Monday said it has raised $41 million. The company will utilise the Read More

Economy Featured News Regional

QIA Plans to invest surplus hydrocarbon revenues in various sectors

Global Business Magazine July 4, 2022

Benefited by the spurt in energy prices, the state-owned Qatar Investment Authority (QIA) to is planning to invest the surplus revenues in Read More

Business Featured News World

ADIA and US-based GIP acquire majority stake in VTG

Global Business Magazine July 4, 2022

The US-based Global Infrastructure Partners (GIP) and Abu Dhabi Investment Authority (ADIA) have announced buying a 72.5% stake in European railcar lessor VTG Read More

Banking Featured News Regional

Mid-year outlook for Middle East banks improving, says Fitch Ratings

Global Business Magazine July 4, 2022

Business conditions for banks worldwide are likely to deteriorate this year compared to 2021 as rising prices slow down economic growth, according to Read More

Technology Featured News Regional

DFF and VC MENA brings VC firms and start-ups to explore collaboration

Global Business Magazine July 4, 2022

DFF and VC MENA brings VC firms and start-ups to explore collaborationRead More

Business Featured News World

UAE-Japan non-oil trade reached $13.30 billion by end of 2021

Global Business Magazine July 4, 2022

The UAE is Japan's largest Arab trading partner and accounts for 36% of its total trade with Arab countries. The non-oil trade between Read More

Energy Featured News World

UAE presented its report on nuclear fuel usage at Vienna

Global Business Magazine July 4, 2022

The United Arab Emirates has presented its Fourth National Report on Compliance with the Obligations of the Joint Convention on the Safety Read More

Technology Featured News Regional

DIFC succeeded in leading fintech sector in the Middle East

Global Business Magazine June 30, 2022

Arif Amiri, CEO of the Dubai International Financial Centre (DIFC) Authority, has disclosed that the centre has successfully led the fintech sector Read More

Business Featured News Regional

DP World and NIIF announce expanding partnership

Global Business Magazine June 30, 2022

DP World and India’s National Investment and Infrastructure Fund (NIIF) on Thursday announced the broadening of their existing partnership, with NIIF Read More

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