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Dutch Bank FMO sign agreement with Egypt’s Algebra Ventures

Banking Featured News Regional

Dutch Bank FMO sign agreement with Egypt’s Algebra Ventures

Global Business Magazine August 4, 2022

FMO, the Dutch entrepreneurial development bank, and leading Egyptian venture capital firm Algebra Ventures has announced the signing of a $10 million commitment Read More

Dubai chamber members exports and re-exports stood at $35.23 Billion

Business Featured News Regional

Dubai chamber members exports and re-exports stood at $35.23 Billion

Global Business Magazine August 3, 2022

The value of member exports and re-exports in the first half of 2022 amounted to $35.23 billion, marking a 17.8% increase compared to the same Read More

Top global IT majors looking at Qatar to start their operations

Technology Featured News Regional

Top global IT majors looking at Qatar to start their operations

Global Business Magazine August 3, 2022

The growing start-up ecosystem in Qatar has been attracting top information technology (IT) companies, which view Qatar as a key strategic market Read More

Saudi Arabia’s economy to grow around 3.9% from 2022 and 2026, says Moody’s

Economy Featured News Regional

Saudi Arabia’s economy to grow around 3.9% from 2022 and 2026, says Moody’s

Global Business Magazine August 3, 2022

Global rating agency Moody’s has projected Saudi Arabia’s economy to grow at an average rate of around 3.9% from 2022 to 2026.Read More

Saudi’s VC funding in start-ups grow by 244% in H1 of 2022

Finance Featured News Regional

Saudi’s VC funding in start-ups grow by 244% in H1 of 2022

Global Business Magazine August 3, 2022

Venture Capital (VC) funding in the Saudi Arabia’s start-ups grew by 244% to a record high $584 million in the first six months Read More

MENA power projects to see $250 billion investments between 2021 and 2025

Economy Featured News Regional

MENA power projects to see $250 billion investments between 2021 and 2025

Global Business Magazine August 3, 2022

Strong economic recovery and a drive towards net zero emission target by 2050 is fueling the growth in investment in power projects in Read More

Fintonia Group gets license to operate in Dubai

Technology Featured News Regional

Fintonia Group gets license to operate in Dubai

Global Business Magazine August 2, 2022

Singapore-based Fintonia Group is the latest crypto firm to receive a licence from the Virtual Asset Regulatory Authority (VARA) in Dubai.Read More

Egypt finalising global tender for World’s largest roof-top solar project

Energy Featured News Regional

Egypt finalising global tender for World’s largest roof-top solar project

Global Business Magazine August 2, 2022

The Administrative Capital for Urban Development (ACUD) is finalising the largest international tender to make use of the rooftops of the buildings Read More

Lord, Abbett Middle East Ltd opens office in DIFC

Finance Featured News Regional

Lord, Abbett Middle East Ltd opens office in DIFC

Global Business Magazine August 2, 2022

The US-based investment management firm, Lord Abbet Middle East Limited has received the approval of the Dubai Financial Services Authority (DFSA) to Read More

Dubai chamber enrolls over 21,000 companies in H1 of 2022

Economy Featured News Regional

Dubai chamber enrolls over 21,000 companies in H1 of 2022

Global Business Magazine August 2, 2022

Dubai Chamber of Commerce has achieved a record growth in new membership in the first half of 2022 as more than 21,000 companies joined Read More

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