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Tag: Middle East Business Magazine

Dollar Steady as Market Anticipates Fewer Rate Cuts

Dollar Steady as Market Anticipates Fewer Rate Cuts Today market analysis on behalf of Bas Kooijman is the CEO and Asset Manager of DHF Capital S.A The U.S. dollar steadied following two consecutive sessions of declines. Market participants are reevaluating their positions after an extensive rally since early October, driven by political developments surrounding the U.S. election and, more recently, President-elect Donald Trump’s cabinet appointments. These developments are...

Top 20 Global Biopharma Companies See 2% Growth

Top 20 Global Biopharma Companies See 2% Growth The biopharmaceutical industry demonstrated signs of recovery in the third quarter (Q3) of 2024, with increased investor optimism following the interest rate cuts by the US Federal Reserve in September 2024. As a result, the top 20 global biopharmaceutical companies reported an upturn of 2% in aggregate market capitalization from $4.2 trillion as on 30 June 2024...
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Talal Abu-Ghazaleh Global Consolidates on Enterprise-Grade Virtualization Solution

Talal Abu-Ghazaleh Global (TAG.Global), through its ICT Department, has recently finished implementing an enterprise virtualization platform in cooperation with Nutanix, a leader in hybrid...

Gartner: Cloud End-User Spending to Reach $500 Billion in 2022

Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021,...

79% of hedge fund and asset managers plan to increase outsourcing of data services

A global survey of quant fund managers who collectively oversee $1.2 trillion in assets under management shows that 73% of managers have already increased their...

Worldwide Semiconductor Revenue to Grow 13.6%

Global semiconductor revenue is projected to total $676 billion in 2022, an increase of 13.6% from 2021, according to Gartner, Inc. “The semiconductor average selling...

Common wealth Signs MoU with the International Islamic Trade Finance Corporation

The Commonwealth Secretariat  and the International Islamic Trade Finance Corporation (ITFC)  have signed a Memorandum of Understanding (MoU)  to collaborate on key areas of...

Building Back Better: Advancing Gender Equality for a More Resilient Future

The European Investment Bank (EIB) and the Islamic Development Bank (IsDB) are pleased to host the 2022 Global Gender Summit of the Multilateral Development...

Etihad Airways Unveils New Sustainability – Driven Economy Experience

Etihad Airways, the national airline of the UAE, has unveiled its new Economy class soft furnishings and tableware which will be launched on board...

European Commission and EIB sign an Agreement to enable further investments worldwide

The European Commission and the European Investment Bank (EIB) signed an ambitious Guarantee Agreement through which the European Commission will support up to €26.7...

The General Assembly of APIC ratifies dividend distribution amounting to USD 18 million

Arab Palestinian Investment Company (APIC) held its extraordinary and ordinary general assembly on Monday, May 9, 2022, in Ramallah, Palestine. The meeting, which was...

A brief on the status of Palestinian people at the end of 2021

A brief on the status of Palestinian people at the end of 2021 Dr. Awad Presents a Brief on Palestinians at the End of 2021  H.E...

ZU Student Lands 1st Place at the EY Corporate Finance Woman of the Year Awards

Zayed University (ZU) student, Shama Al Hosani, has been recently named the winner of the Ernst & Young’s (EY) Corporate Finance Woman of the...

Five nations unite to launch the Digital Cooperation Organization

Senior government officials from several nations patronized the launch of the Digital Cooperation Organization (DCO) Thursday – a global organization aimed at strengthening cooperation...