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DEWA commissions 1,414 distribution substations of 11 kV in 2023

Global Business Magazine January 16, 2024

Dubai Electricity and Water Authority (DEWA) has commissioned 1,414 distribution substations of 11KV capacity across Dubai in 2023, DEWA MD and CEO Saeed Mohammed Read More

Finance Featured News Regional

Singapore’s Equities Market Outperform Peers Across Southeast Asia in Dec 2023

Global Business Magazine January 15, 2024

The total securities market turnover on the Singapore Exchange (SGX) dropped 4.8% in December 2023 to $14.28 billion, with steady securities daily average value (SDAV) Read More

Energy Featured Mergers and Acquisitions News World

Romania’s OMV Petrom to Buy 50% Stake in RE Producer Electrocentrale Borzesti

Global Business Magazine January 12, 2024

Romanian oil and gas company OMV Petrom, the largest integrated energy company in Southeast Europe, said that it will acquire a 50% stake Read More

Lifestyle Featured News World

Dubai Tops List of Cities from Immigration, Says Remitly

Global Business Magazine January 12, 2024

Dubai, the largest city in the UAE, has emerged as the most preferred destination for people from 60 countries around the world to Read More

Business Energy Featured Merger and Acquisitions News World

Two Us Energy Companies Merge in All-Stock Transaction Valued at $7.4 Billion

Global Business Magazine January 12, 2024

Two-Us-based energy firms - Chesapeake Energy Corporation and Southwestern Energy Company - on Thursday entered into an agreement to merge in an Read More

Finance Featured News World

Amer Sports Plans IPO on New York Stock Exchange

Global Business Magazine January 12, 2024

Helsinki-based Amer Sports Inc, a global group of iconic sports and outdoor brands, has filed a Registration Statement with the US Securities Read More

Energy Featured Finance News World

Taiwan Okay’s Financial Restructuring of $3.02 Billion Yunlin Offshore Wind Farm

Global Business Magazine January 11, 2024

Yuneng Wind Power Co, which is responsible for the construction and operation of the 640 MW Yunlin offshore wind farm, has obtained the Read More

Finance Featured Health News Regional

PureHealth Raises $986 Million Through Its IPO on ADX

Global Business Magazine January 11, 2024

PureHealth, the largest integrated healthcare platform in the Middle East, has raised $986 million through its listing on the Abu Dhabi Securities Exchange (Read More

Insurance Business Featured Finance Merger and Acquisitions News Regional

UK’s Insurance and Reinsurance Firm BMS Acquires Majority Stake in Berns Brett Masaood

Global Business Magazine January 11, 2024

BMS, the independent specialist insurance and reinsurance broker based in London, has announced on Thursday that it has completed acquisition of majority Read More

Economy Featured News Regional

Saudi and UAE Lead MENA in Awarding Contracts in 2023

Global Business Magazine January 11, 2024

Contractors in the Middle East and North Africa (MENA) region have secured more than $254 billion of contract awards in 2023 in a record-breaking Read More