Energy Featured News Regional

Electricity Network in Three Saudi Governorates to be Improved at a Cost of $373 Million 

Global Business Magazine June 12, 2023

Keeping in view of the growing demand for power and reduce carbon emissions, Saudi Electricity Co has decided to further improve electricity Read More

Energy Featured News Regional

Barakah Nuclear Plant’s Fourth Unit Readies for Commissioning

Global Business Magazine June 12, 2023

The Emirates Nuclear Energy Corporation (ENEC) and the Korea Electric Power Corp (KEPCO) have announced that Unit 4, the fourth and final unit Read More

Banking Featured Finance News Regional

Transactions in UAE Banking System Soar to $3.74 Trillion in One Year

Global Business Magazine June 12, 2023

The total transactions in the UAE money transfer system affiliated with the Central Bank exceeded a whopping $3.74 trillion in one year – between Read More

Banking Finance News Regional

UAE and Qatari Banks to Advice Hong Kong on Industry Issues

Global Business Magazine June 8, 2023

In a move aimed further strengthening cooperation between Hong Kong and the GCC region, the banks from the UAE and Qatar will Read More

Technology Featured Finance News

Google to Impose 14% VAT on Services in Egypt from Next Month

Global Business Magazine June 8, 2023

Global tech giant Google, has notified its users of imposing a 14% value-added tax on its electronic services in Egypt, starting July this Read More

Finance Bonds Featured News Regional

UAE’s SCA Exempts Firms Listing Green Bonds and Sukuk from Registration Fees

Global Business Magazine June 8, 2023

The UAE’s Securities and Commodities Authority (SCA), has approved a proposal to exempt companies wishing to list their green or sustainability-related Read More

Business Featured News Regional

DMCC Appoints Mace as Building Operations Management for Uptown Tower

Global Business Magazine June 7, 2023

Dubai Multi Commodities Centre (DMCC), the UAE's largest free-trade zone located in the Jumeirah Lake Towers district of Dubai, on Tuesday appointed Read More

Business Featured News Regional

Saudi’s Logistics Get a Boost with Mawani signing MoU with GACA and ZATCA

Global Business Magazine June 7, 2023

On its course to emerge as a competitive logistics hub in the Middle East, Saudi Arabia’s three entities - Saudi Ports Read More

Business Airlines Featured News Regional

Emirates is Ranked First in Middle East and Fourth Globally with a Brand Value of $5.1 Billion

Global Business Magazine June 7, 2023

Only three airlines in the GCC region – Emirates, Qatar Airways and SAUDIA - figure in the list of top 50 airline brands in 2023, Read More

Finance Featured News Regional

Demand for Private Credit Increase in UAE

Global Business Magazine June 7, 2023

In the backdrop of rising inflation and interest rates, the past two years have seen an exponential rise in the activity of Read More

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