Global Business Magazine - Global Business Magazine

DP World’s Imperial acquires major stake in Africa FMCG Distribution Ltd

Global Business Magazine July 13, 2022

Imperial, owned by DP World, on Tuesday announced the strategic acquisition of a controlling stake in Africa FMCG Distribution Ltd (AFMCG). The Read More

Economy Featured News Regional

Dubai hotels’ profits seven times higher than in 2019

Global Business Magazine July 12, 2022

Among key hotel markets in the Middle East, Dubai’s gross operating profit per available room (GOPPAR) came in seven times higher Read More

Finance Featured News Regional

ADX and Bahrain bourse launch digital exchange hub Tabadul

Global Business Magazine July 12, 2022

The Abu Dhabi Securities Exchange (ADX) and Bahrain Bourse have launched the region’s first-of-its-kind digital exchange hub – Tabadul - to provide Read More

Economy Featured News Regional

UAE launches new FDI initiative to attract 300 best companies

Global Business Magazine July 12, 2022

The UAE on Wednesday launched the second generation of foreign direct investment initiative (FDI) to attract 300 best companies specialized in future sectors Read More

Business Featured News Regional

For four months, the UAE has prohibited the export and re-export of Indian wheat

Global Business Magazine July 12, 2022

On Wednesday, The UAE’s Ministry of Economy imposed a moratorium on the export and re-export of wheat and wheat flour originating Read More

Business Featured News Regional

UAE, Uzbekistan’s SEG to launch new businesses in logistics and cargo transportation

Global Business Magazine July 12, 2022

AD Ports Group (Abu Dhabi) and Uzbekistan-based Sanoat Energetika Guruhi (SEG) has announced that they will launch a joint venture to open Read More

Technology Featured News Regional

UAE-based ResTech start-up Supy raise $8 million in seed funding

Global Business Magazine July 12, 2022

Supy, a UAE-based ResTech start-up that streamlines transactions between restaurants and suppliers, has raised $8 million in seed funding. The Start-up raised $1.5 million Read More

Business Featured News Regional

ENOC launches new compact station in Dubai South

Global Business Magazine July 11, 2022

Dubai-based Emirates National Oil Company (ENOC) Group has announced the launch of its newest compact station in Dubai South area, the master-planned Read More

Finance Featured News Regional

The second federal treasury bond auction is announced by the ministry of finance

Global Business Magazine July 11, 2022

The UAE Ministry of Finance (MoF) announced on Saturday that the second auction of federal treasury bonds (T-Bonds) will take place on Read More

Economy Featured News Regional

Saudi Arabia’s tourism to gain fastest growth in the Middle East

Global Business Magazine July 8, 2022

The UK-based World Travel & Tourism Council (WTTC) has said the Travel & Tourism sector in Saudi Arabia is expected to grow at an Read More