Economy - Global Business Magazine

Pure Harvest raise $180.5 million in latest round of funding

Global Business Magazine June 30, 2022

The UAE-based Pure Harvest Smart Farms (Pure Harvest), a world-leading, sustainable technology-enabled agribusiness, on Thursday announced raising $180.5 million in their latest growth Read More

Technology Featured News Regional

Learn Actionable Steps to Mature Your Security Awareness Programs and Compare Your Program Against Global Benchmarks

Global Business Magazine June 30, 2022

With an unprecedented number of employees now working in hybrid or fully remote environments, compounded by an increase in cyber threats and Read More

Finance Featured News Regional

Jadwa Investment launches $270 million Al Dar investment fund-2

Global Business Magazine June 30, 2022

Jadwa Investment, a leading investment management and advisory firm in the Middle East, has announced the successful launch of its Al Dar Read More

Finance Featured News Regional

Trade credit insurance increase Y-o-Y among the businesses in UAE

Global Business Magazine June 30, 2022

There has been a year-on-year increase in the number of businesses adopting trade credit insurance in the UAE, a recent survey report Read More

Finance Featured News Regional

Islamic financial assets increased by 20% in Qatar

Global Business Magazine June 30, 2022

Islamic financial assets in Qatar increased by 20% TO $172 billion in 2021, with Islamic banks accounting for 87% of these assets, followed by Islamic Sukuk (11.6%) Read More

Energy Featured News Regional

Operations begin at Al Taweelah independent water and power project

Global Business Magazine June 30, 2022

Al Taweelah IWP), the world’s largest reverse osmosis water desalination facility, has become operational in Abu Dhabi a couple of days Read More

Business Featured News Regional

More than 1600 African companies registered with Dubai chambers since Oct 2021

Global Business Magazine June 30, 2022

Dubai Chambers, a non-profit organization, has revealed that more than 1,600 new African companies have registered with them since October 2021, growing 6.5% to reach 26,420 Read More

Economy Featured News Regional

Bahrain’s economy recovering, says its central bank

Global Business Magazine June 30, 2022

In an indication of economic recovery, the Central Bank of Bahrain (CBB) has said that loans and credit facilities rose 5.7% in Bahrain Read More

Banking Featured News Regional

ADIB launches plot finance scheme

Global Business Magazine June 30, 2022

The Abu Dhabi Islamic Bank (ADIB) on Wednesday announced the launch of its first-ever plot financing offering. The scheme enables customers to Read More

Technology Featured News Regional

Dubai to develop most efficient a/c system in the world

Global Business Magazine June 29, 2022

Strata Manufacturing, a UAE-based Digital Factory pioneer along with Hyperganic, an AI-based engineering platform company with offices in Germany and Singapore, on Read More

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