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Foreign Investors Are Buyers on GCC Bourses in Q1-25

Global Business Magazine April 25, 2025

Foreign investors, including institutional and retail investors, were net buyers on the GCC stock markets during Q1 of 2025 with net buying at $2.8 Read More

Business Companies Regional US Tariffs World

Firms Scurrying to Stockpile Goods Due to US Tariffs

Global Business Magazine April 25, 2025

Dubai Islamic Bank (DIB) said that the imposition and threat of US tariffs have triggered significant volatility in global trade as Read More

Business Artificial Intelligence Companies Deals Regional

Two AI Firms Ink Pact with Dubai CommerceCity

Global Business Magazine April 25, 2025

Dubai CommerCity (DCC), the region’s first free zone dedicated to digital commerce, and a joint venture between the Dubai Integrated Economic Read More

Business Aviation Companies Regional

GCAA Okays Design for UAE’s Hybrid Heliport

Global Business Magazine April 24, 2025

The General Civil Aviation Agency (GCAA) on Wednesday approved the design for the planned transformation of an Abu Dhabi Cruise Terminal helipad Read More

Business Airlines Companies Regional World

Saudia Orders 10 A330-900 Aircraft from Airbus for flyadeal

Global Business Magazine April 24, 2025

Saudia Group has confirmed that it has placed an order with Airbus for 10 A330-900 aircraft for its subsidiary and budget carrier Read More

Financial Services Business Companies Private Equity World

PE Deals on Rise in Europe’s Financial Services

Global Business Magazine April 24, 2025

Private Equity (PE) deal value for Europe’s financial services sector grew more than 20% y-o-y in the first quarter of this year, Read More

Business Companies Joint Venture World

Cantor, Tether and SoftBank Group Launch 21 Capital

Global Business Magazine April 24, 2025

21 Capital Inc., a newly formed crypto entity, on Wednesday said that it has signed an agreement for a business combination with Cantor Read More

Banks Business Companies Earnings Regional

ADIB Posts $520 Million Profit Before Tax in Q1-25

Global Business Magazine April 23, 2025

In a record breaking start to 2025, Abu Dhabi Islamic Bank (ADIB) on Wednesday said that the net profit before tax increased by 18% Read More

Economy GDP IMF Regional

IMF Slashes MENA’s Growth Rate for Next Two Years

Global Business Magazine April 23, 2025

The International Monetary Fund (IMF) has lowered the growth for the Middle East and North Africa (MENA) region by 90 bps for 2025 and 50 Read More

Economy GDP Wealth World

Vietnam Set to Become $1.1 Trillion Economy by 2035

Global Business Magazine April 23, 2025

Vietnam, whose real GDP growth was 7.1% last year ahead of most Asian economies, is all set to become a $1.1 trillion economy by 2035, Read More

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