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UAE Listed Banks Record Highest Deposit Growth in Q1-2024

Global Business Magazine May 24, 2024

The UAE-listed banks recorded the highest deposit growth in the first quarter of 2024 among the GCC banks, which grew by 5.6% y-o-y to $803.2 Read More

Finance Featured News Regional

Binghatti Holding Lists $300 Million Sukuk Issuance on Nasdaq Dubai

Global Business Magazine March 11, 2024

Nasdaq Dubai welcomed the inaugural Sukuk listing by Binghatti Holding, a leading Dubai-based property developer on the region’s esteemed international financial Read More

Economy Business Featured News World

Hong Kong airport Raise Over $500 million in First Local-Currency

Global Business Magazine January 9, 2024

The Airport Authority Hong Kong (AAHK) has announced that it has successfully priced a $512 million senior notes offering (the Notes) in Regulation Read More

Economy Banking News Regional

Central Bank of Israel to Sell $30 Billion in Open

Global Business Magazine October 10, 2023

Notwithstanding its ongoing war on the Hamas militant groups, the Central Bank of Israel on Monday for the first time announced a Read More

Finance Featured News World

GGV Capital to Separate Its China and US Operations

Global Business Magazine September 22, 2023

GGV Capital, a prominent venture capital firm managing $9.2 billion in assets globally, plans to separate its China and the US teams following Read More

Finance Featured News Regional

Saudi First Milling Co’s IPO Attracts $18 Billion in Order

Global Business Magazine May 31, 2023

Saudi Arabia’s market-leading First Milling Company, which announced the offer price range of its Initial Public Offering (IPO) on 18 May 2023, along Read More

Economy Finance News Regional

Inflation in GCC Region Likely to Drop in 2023 and

Global Business Magazine May 30, 2023

Several measures initiated by the GCC countries ensured that Inflation remained relatively low in the region in 2022 despite averaging higher than estimates Read More

Economy Business Featured News

Egyptian Government Sells 9.5% Stake in Telecom Egypt

Global Business Magazine May 16, 2023

As part its economic reforms aimed at attracting private investors, the Egyptian government announced the selling of 9.5% stake (162.2 million shares) of state-owned Read More

Finance Insurance News World

New equity Fund Worth $4.9 Billion Formed in China

Global Business Magazine April 26, 2023

Nearly a dozen state-owned life insurers and one state-owned fund manager in China have established an equity investment fund worth $4.9 billion. However, Read More