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Business Companies Investments Mergers and Acquisitions Regional World

Global Investors to Acquire 21.5% Stake in Israel’s Phoenix Holdings

Global Business Magazine July 16, 2024

Israeli and International investors including Affinity Partners, backed by the former US President Donald Trump’s son-in-law Jared Kushner, on Tuesday agreed Read More

Business Companies Investments Regional sovereign wealth funds World

Two GCC SWFs and Others Invest Over $600 Million in I Squared Capital

Global Business Magazine July 16, 2024

Two sovereign wealth funds – Mubadala from Abu Dhabi and Qatar Investment Authority from Qatar, and others will be investing over $600 million in Read More

Finance Investments Regional World

Hong Kong Signs MOU with Abu Dhabi on Investment Promotion

Global Business Magazine July 16, 2024

Invest Hong Kong (InvestHK) on Tuesday that it has signed a Memorandum of Understanding (MOU) with the Abu Dhabi Chamber of Commerce Read More

Business Companies Regional stock exchange

SHUAA Capital Incurs Net Loss of $22.32 Million in Q1-2024

Global Business Magazine July 16, 2024

SHUAA Capital, Dubai-based leading asset management and investment banking platform in the region, on Tuesday said that the company incurred a net Read More

Business Listings Regional stock exchange

IPO Activity Drops to $3.6 Billion in H1-2024

Global Business Magazine July 16, 2024

nitial Public Offerings (IPO) boom in the Gulf Cooperation Council (GCC) region slowed down a bit as the companies have raised $3.6 billion Read More

Business Companies Energy Merger and Acquisitions Mergers and Acquisitions Regional

Enersol Acquires Majority Stake in NTS AMEGA

Global Business Magazine July 16, 2024

ADNOC Drilling Company and Alpha Dhabi Holding on Tuesday announced that their joint venture (Enersol) has agreed to acquire a 51% equity stake Read More

Business Companies Investments Oil & Gas Regional stock exchange

ADNOC Gas Awards EPC Contracts Worth $550 Million

Global Business Magazine July 15, 2024

The Abu Dhabi Securities Exchange (ADX)-listed ADNOC Gas on Monday said that it has awarded the engineering, procurement & construction (EPC) contracts Read More

Business Deals ETFs Trade Wealth World

Record Inflows In European ETFs in Q2-2024

Global Business Magazine July 15, 2024

The European exchange-traded funds (ETFs) and exchange-traded commodity (ETC) market gathered $57.7 billion of flows in the second quarter of 2024, up from $49.09 billion Read More

Economy News Regional World

Saudi Arabia Ranked Second Globally in Working Abroad Index 2024

Global Business Magazine July 15, 2024

Saudi Arabia has been ranked second best country after Denmark in the Working Abroad Index and top destination worldwide regarding expat careers.Read More

Business Deals Green Energy Investments Regional World

Infinity to Develop Renewable Energy Projects in Cameroon

Global Business Magazine July 15, 2024

Infinity Power, the largest African renewable energy provider, has said that it has signed a Memorandum of Understanding (MoU) with the Cameroon Read More