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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

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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

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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

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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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UAE and Korea to Explore Nuclear Power Projects Abroad

Global Business Magazine April 23, 2025

South Korea and the UAE have agreed to pursue joint nuclear power projects abroad as part of broader bilateral cooperation on nuclear Read More

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Qatar Airways, IAG and MASkargo Plan Global Cargo Business

Global Business Magazine April 23, 2025

Qatar Airways Cargo, IAG Cargo and Malaysia’s MAB Kargo Sdn Bhd (MASkargo) have announced plans to launch a global cargo joint Read More

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Yale University to sell Portfolio on PE Secondaries Market

Global Business Magazine April 23, 2025

Yale University is said to be considering a proposal to sell a portfolio on the private equity secondaries market, according to a Read More

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Dubai To Establish $540 Million Hyperscale Data Centre

Global Business Magazine April 22, 2025

H H Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman Read More

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Saudi Arabia Leads MENA VC investments Surge in Q1-25

Global Business Magazine April 22, 2025

Defying dip in global funding, tightening deal flows and driven by interest rate cuts that boosted investor confidence, venture capital investments in Read More

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Union Properties to Reduce Issued Share Capital by 33.4%

Global Business Magazine April 22, 2025

The Annual General Meeting (AGM) of Dubai-based developer Union Properties, which was held on Tuesday, has approved two special resolutions aimed at Read More

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