Technology Featured News Regional

Datavolt to Invest $5 Billion to Develop Data Centres in Saudi Arabia

Global Business Magazine March 11, 2024

Datavolt, a Riyadh-based company specialised in developing and operating data centres, will invest $5 billion in Saudi Arabia to develop data centres in Read More

Finance Featured News Regional

Aramco Reports Net Income of $121.3 Billion

Global Business Magazine March 11, 2024

Underpinned by its unique operational flexibility, reliability and low-cost production base, reflect the Company’s ongoing commitment to creating value for its Read More

Economy Featured News World

EC Okays $3.27 Billion Aid to Romania to Achieve Net Zero Economy

Global Business Magazine March 8, 2024

The European Commission (EC) on Wednesday approved a $3.27 billion Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic Read More

Finance Featured News Regional

Bahrain’s Arcapita Closes KSA Logistics Fund III for $500 Million

Global Business Magazine March 8, 2024

Arcapita Capital Company (Arcapita), the shariah-compliant investment firm and a subsidiary of Arcapita Group Holdings Limited (Arcapita Group), has closed the KSA Read More

Economy Featured News Regional

DFDF Invests in 14 Start-Ups and Funds in 2023

Global Business Magazine March 8, 2024

The Dubai Future District Fund (DFDF) on Thursday said that it has made strategic investments across 14 start-ups and funds in 2023, bringing the Read More

Economy Aviation Featured News Regional

MBRAH and Tim Aerospace Start Works on New Hangar at Dubai South

Global Business Magazine March 8, 2024

A day after the conclusion of the region’s biggest MRO summit, Mohammed bin Rashid Aerospace Hub (MBRAH), Dubai's aerospace platform dedicated Read More

Business Featured Luxury News Regional

IHG Group to Open Two New Luxury Hotels in Riyadh

Global Business Magazine March 8, 2024

IHG Hotels & Resorts, one of the world’s leading hotel companies, has signed an agreement with the King Abdullah Financial District Management Read More

Economy Featured News Real Estate Regional

Hong Kong and Singapore to Lead Growth of Asia’s Wealthy Population by 2028

Global Business Magazine March 8, 2024

Asia’s wealthy population is set to grow faster than any other region in the world by 2028 as the rate of growth – Read More

Finance Featured News Regional

Dubai’s VARA Grants Initial Approval for Nexo to conduct Crypto Activities

Global Business Magazine March 7, 2024

Nexo, the London-based leading digital assets institution, announced that its Dubai entity, Nexo Services FZE, has been awarded an Initial Approval (IA) Read More

Finance Featured News World

DIF Capitals Raise $7.39 Billion for Its Latest Infrastructure Fund

Global Business Magazine March 7, 2024

DIF Capital Partners (DIF), a leading global infrastructure fund manager in the Netherlands, has raised $7.39 billion for its latest infrastructure funds with Read More

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