Investments - Global Business Magazine

Dubai’s proptech start-up Huspy Raise $37 million in series A round

Global Business Magazine June 24, 2022

Huspy, the Dubai-based proptech start-up, on Tuesday said that it has raised $37 million in its series A financing round led by Sequoia Read More

Business Featured News Regional

dnata to spend $100 million in green investments in next two years

Global Business Magazine June 20, 2022

Air and travel services provider dnata announced it would invest US$ 100 million in green operations in the next two years to further Read More

Business Featured News Regional

Saudi Arabia offers fiscal incentives to airlines flying to unprofitable routes

Global Business Magazine June 20, 2022

Saudi Arabia is luring airlines with financial incentives to fly routes, that have so far been considered to be unprofitable, in order Read More

Business Featured News Regional

SHUUA Capital acquires Allianz for $160 million

Global Business Magazine June 15, 2022

SHUAA Capital, the leading asset management and investment banking platform in the region, on Tuesday (14 June 2022) announced the funding of its leveraged Read More

Business Featured News Regional

MENA start-ups raise $176 million in May

Global Business Magazine June 13, 2022

Start-ups in the Middle East and North Africa region (Mena) have raised $176 million in May 2022 across 42 deals, a decline of 40% month-on-month investment Read More

Finance Featured News Regional

GCC-listed companies register record profits in Q1 of 2022

Global Business Magazine June 13, 2022

Listed companies on the GCC bourses had an impressive run in terms of growth in profits during the first quarter of 2022 except Read More

Finance Featured News Regional

Abu Dhabi has exceptional strength to face financial upheavals

Global Business Magazine June 8, 2022

Global ratings agency Standard & Poor’s (S&P) has announced that the exceptional strength of the Abu Dhabi government’s budget provides Read More

Business Featured News Regional

UAE’s Al-Futtaim group to invest $1 billion in Egypt

Global Business Magazine June 8, 2022

One of the leading businessmen in the UAE and CEO of Al-Futtaim Group, Omar Abduallah Al-Futtaim, said that they were planning to Read More

Business Featured News Regional

The UAE was the first Arab country to sign a free trade agreement with Israel

Global Business Magazine June 2, 2022

On Tuesday, the United Arab Emirates and Israel signed a Comprehensive Economic Partnership Agreement (Cepa) in Dubai. Their non-oil bilateral trade will Read More

Banking News World

HSBC plans $448 mln investment in Chinese business – Xinhua

Global Business Magazine June 1, 2022

HSBC Holdings (HSBA.L) plans to invest more than 3 billion yuan($448 million) in its Chinese operations, Chief Executive Noel Quinn told state Read More

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