Foreign investors - Global Business Magazine

Egypt’s Forex Reserves Increase by $5 Billion Till March This

Global Business Magazine April 8, 2024

Egypt has added $5 billion to its net foreign reserves, the highest level since Russia’s war on Ukraine two years ago that Read More

Technology Featured News Regional

Datavolt to Invest $5 Billion to Develop Data Centres in

Global Business Magazine March 11, 2024

Datavolt, a Riyadh-based company specialised in developing and operating data centres, will invest $5 billion in Saudi Arabia to develop data centres in Read More

Hospitality Business Featured News Regional

ADFD to Invest $172 Million in Three Hotels in Egypt

Global Business Magazine January 5, 2024

In a boost to the Egypt’s hospitality sector, the Abu Dhabi government-owned Abu Dhabi Fund for Development Fund (ADFD), through one Read More

Business Economy Featured Finance Investments News Regional Special Economic Zones

Saudi Arabia to Establish Four New SEZs in the Kingdom

Global Business Magazine April 14, 2023

Saudi Arabia to Establish Four SEZs in the KingdomRead More

Finance Featured News Regional

Saudi Arabia to list the $500 billion NEOM Project in

Global Business Magazine July 26, 2022

The Saudi Arabia’s capital market Tadawul (TASI) will be richer by another $266 billion once the Kingdom’s $500 billion NEOM project will Read More

Economy Featured News Regional

UAE start-ups raise 86% of funds raised in MENA in

Global Business Magazine July 14, 2022

Start-ups in the Middle East and North Africa region (MENA) raised $323.7 million across 66 deals in June 2022, an 84% increase in value and 57% in Read More

Business Featured News Regional

Franklin Templeton planning to open office in Saudi Arabia

Global Business Magazine July 6, 2022

The New York-based Franklin Templeton Investments, a global investment firm founded in 1947, is planning to establish an office in Saudi Arabia in Read More

Finance Featured News Regional

UAE listed firms approve dividends worth $9.37 billion in 2021

Global Business Magazine June 27, 2022

The listed companies in the UAE bourses have approved payment of dividends to the tune of $9.37 billion, the Securities and Commodities Authority (Read More