Business Agreement Civil Aviation Companies GCC World

ALJ Group to Distribute eVTOL Aircraft in Saudi Arabia

Global Business Magazine June 5, 2025

Abdul Latif Jameel, an 80-year-old conglomerate of diversified businesses in Saudi Arabia, and the US-based Joby Aviation, a company developing electric air Read More

Business Companies Investments World

Retail Revolution to Drive Private Market Flows by 2027

Global Business Magazine June 5, 2025

Institutional investors are anticipating a significant uptick in retail allocations to private markets in the next two years, with retail investors set Read More

Economy GDP IMF World

Kyrgyz Economy Grew 9% Annually Since 2022: IMF

Global Business Magazine June 5, 2025

With headline inflation has returned to the central bank’s target range, and public debt declined to 36.6% of GDP in 2024, the Kyrgyz Read More

Business Artificial Intelligence Companies Investments World

Brookfield to Invest $10 Billion in Sweden’s AI Infrastructure

Global Business Magazine June 4, 2025

Brookfield Asset Management, on Wednesday announced up to $10 billion of investment to support the development of artificial intelligence (AI) infrastructure in Sweden.Read More

Business Companies Funding World

Thoma Bravo Mops Up $34.4 Billion in Fundraising

Global Business Magazine June 4, 2025

Thoma Bravo, a leading software investment firm, has completed fundraising for its buyout funds totalling more than $34.4 billion in fund commitments.Read More

Business Companies Wealth World

Global HNWI Population Up 2.6% in 2024

Global Business Magazine June 4, 2025

The global high-net-worth individuals (HNWIs)population rose by 2.6% in 2024 and this increase was driven by the growth in the population of ultra-high-net-worth Read More

Business Companies GCC Mergers and Acquisitions

NMDC LTS Acquires Majority Equity Stake in Emdad

Global Business Magazine June 4, 2025

Abu Dhabi-based NMDC Group on Wednesday announced that NMDC LTS, a wholly owned subsidiary of the Group, completed the acquisition of a 70% Read More

Business Artificial Intelligence Companies GCC World

Kuwait SWF Joins MGX-Backed AI Infrastructure Partnership

Global Business Magazine June 4, 2025

Kuwait Investment Authority (KIA) has joined a consortium of companies including MGX, BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, and Read More

Business Companies Deals GCC

Abu Dhabi Ship Building Supplies Missile Boats to Kuwait

Global Business Magazine June 4, 2025

Abu Dhabi Ship Building (ADSB) has announced it has received a Letter of Award from its shareholder EDGE Group for the supply Read More

Business Airlines Companies GCC IPOs shares

flynas Concludes Final Share Allocation for Its IPO

Global Business Magazine June 4, 2025

Saudi Arabia’s low-cost carrier flynas Company, one of the leading low-cost carriers in the Middle East and North Africa, has announced Read More

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