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Investcorp and Two SWFs Form $526 Million Venture on Buying US Industrial Sector

Global Business Magazine March 21, 2024

Investcorp, a leading global alternative investment firm, in partnership with two leading sovereign wealth funds, on Wednesday announced the formation of a Read More

Business Featured News Real Estate Regional

Abu Dhabi Real Transactions Total $23.72 Billion in 2023

Global Business Magazine March 21, 2024

Abu Dhabi Real Estate Centre (ADREC), a dedicated affiliate of the Department of Municipalities and Transport (DMT), on Wednesday said that the Read More

Business Featured News Regional

Masdar Acquires 50% Stake in Renewable Energy Producer Terra-Gen

Global Business Magazine March 21, 2024

Masdar, Abu Dhabi Future Energy Company and the UAE’s clean energy powerhouse, has signed an agreement to acquire a 50% stake in Read More

Finance Featured News Regional

Nasdaq and Borse Dubai Launch Secondary Offering of Nasdaq Common Stock

Global Business Magazine March 21, 2024

Nasdaq, Inc. and Borse Dubai Limited have announced the commencement of a secondary offering by Borse Dubai of 26,956,522 shares of Nasdaq’s Read More

Finance Featured News Regional

US Has $67 Trillion in Global Liquid Investable Wealth

Global Business Magazine March 21, 2024

The US remains the world’s undisputed leader in private wealth creation and accumulation as it accounts for 32% of global liquid investable Read More

Economy Environment Featured News Real Estate World

UK Risks Losing Around $40 Billion in Sustainable Investment

Global Business Magazine March 21, 2024

The UK Sustainable Investment and Finance Association (UKSIF), which brings together 300+ members managing over $24.31 Trillion in global assets under management (AUM), said Read More

Economy Featured News Regional

Market Capitalisation of Saudi Arabia’s Tadawul Cross $3 Trillion Mark at End-2023

Global Business Magazine March 21, 2024

Amidst regional tensions and uncertain global economic conditions, the total market capitalisation of Saudi Arabia’s main market Tadawul grew by 13.98% and Read More

Business Featured Merger and Acquisitions News World

Iberdrola Sign PPA with Amazon for 159 MW Offshore Windfarm in UK

Global Business Magazine March 21, 2024

Iberdrola, one of the world’s largest clean energy companies in Spain, and Amazon on Wednesday expanded their long-term global clean power Read More

Finance Featured News Regional

Social Media Platform Reddit Raises $748 Million

Global Business Magazine March 21, 2024

The San Francisco-based social media platform Reddit, Inc. on Wednesday announced the pricing of its initial public offering (IPO) of an aggregate 22 Read More

Business Featured News Regional

Mubadala and Uber Invest in Global Mobility Fintech Firm

Global Business Magazine March 20, 2024

Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, on Tuesday said that it has raised $100 million Read More

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