Non Banking
Saudi’s Watheeq joins the innovative PropTech sector with a $26.7M fund
Watheeq Financial Services commenced a Venture Capital Proptech Fund of about $26.7 million (SAR 100 million)....
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Strategic debt reduction and high operational performance propel Tata Steel’s profits
The Indian steel giant saw a steep decline of shares with nearly 12% from a 52-week...
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The big tech Microsoft plans for cloud expansion in China with new data centers
The following year will have spur in technological space in china as Microsoft initiates the addition...
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Aramco sells 49% stakes to a consortium led by the US-based EIG Global Energy Partners
Saudi Aramco, the world's largest oil producer, is the official Saudi Arabian Oil Company. It is...
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Israel’s agri-food technological intelligence boosts crop production in Southeast Asia
The importance of new farming techniques is drastically rising as global food production was low due to...
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PMRC issues Rs1 billion Sukuk promoting sharia-compliant housing finance facility
Pakistan Mortgage Refinance Company (PMRC) issued a second privately-placed Sukuk of Rs1 billion to promote housing...
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Carro gets investment from Softbank Vision Fund II worth $360 million
The online marketplace for used cars named Carro bagged $360 million in the Softbank Vision Fund...
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The new age of computing commenced between IBM and the Fraunhofer Institute
IBM and the Fraunhofer Institute in Munich, Germany, collaborating to bring a robust, technologically driven quantum...
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Oman’s international Sharia-compliant Sukuk saw 6.5 times higher bids drawing more than $11.5 billion
As per a statement, Oman issued $1.75 billion in nine-year Sukuk or Islamic bonds in the...
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Bahrain’s Islamic banking drove with 37.1% domestic banking system assets in 2020
Bahrain is unarguably a high-income economy as per the World Bank, standing as the 5th most prosperous Arab country....
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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
