Tag: Bank ABC

Banking

Bank ABC Signs Acquisition Deal with Lebanese BLOM Bank for $480 Million

by The Global Economics

January 19, 2021

Bahrain-based Arab Banking Corporation (#Bank ABC) has acquired 99.4% stake in #BLOM Bank Egypt last week ...

Infrastructure

Egypt’s SCZONE Secures $3.5 Billion Investment For Three Mega Projects

This partnership is a much-needed bolster to investments in the SCZONE, as it not only strengthens localised industries but will ...

October 31, 2025

Technology

UAE Invites Public to Launch First AI-Designed Commemorative Coin

The launch of the commemorative coin design contest celebrates the UAE's technological advancement and shows how it is progressive to ...

October 30, 2025

Mergers & Acquisitions

Italy’s Bending Spoons Secures $2.8 Billion In Debt Financing To Buy AOL From Yahoo

Bending Spoons is known for acquiring struggling tech companies and revamping them. In 2024, the Italian giant completed a funding ...

October 30, 2025

Technology

NVIDIA Invests $1 Billion in Nokia to Launch AI-Powered Networks for 6G

The deal includes Nvidia investing $1 billion in Nokia. The goal for both companies is to become the first to ...

October 29, 2025

Technology

OpenAI Transitions to For-Profit, Pushing Microsoft’s Valuation to $4 Trillion

Microsoft has a deal to access OpenAI technology until 2031. Microsoft has a 27% stake in OpenAI, estimated at $ ...

October 29, 2025

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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.