Category :Business

Business Mergers and Acquisitions Regional

Social Impact Capital to Acquire Additional Stake in CIRA

Global Business Magazine January 23, 2025

The research-driven venture capital firm Social Impact Capital Ltd (SIC), the majority shareholder of 51.2% in Cairo for Investment and Real Estate Development (Read More

Business Companies Data Centres Regional

Second Phase of Digital DEWA’s Green Data Center Inaugurated

Global Business Magazine January 23, 2025

H H Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, Read More

Business Companies Energy World

Australia’s Coal-fired Power Plants Outdated, Says New Research

Global Business Magazine January 23, 2025

Australia’s coal-fired power stations are outdated, unreliable and must be replaced soon, with over 60% of generating capacity more than 40 years old Read More

Financial Services Business Companies Divestments World

Ally Financial Sells Credit Card Business to CardWorks

Global Business Magazine January 23, 2025

The Detroit-headquartered Ally Financial and CardWorks, a trusted leader in credit and payments, on Wednesday entered into an agreement for CardWorks, and Read More

Business Artificial Intelligence Companies Regional World

MGX Invests in Trump ’s $500 Billion Stargate Project

Global Business Magazine January 22, 2025

The US President Donald Trump on Tuesday announced a new $500 billion Stargate project, a major investment to build infrastructure for artificial intelligence (Read More

Business Companies Regional World

Three UAE Firms In World’s 500 Most Valuable Brands

Global Business Magazine January 22, 2025

Three UAE companies – Abu Dhabi National Oil Company (ADNOC), e&, and Emirates — have been named among the world’s 500 most valuable brands Read More

Banks Business Companies Mergers and Acquisitions World

NBIM Acquires 25% Stake in Grosvenor Property UK’s Portfolio

Global Business Magazine January 22, 2025

Grosvenor’s UK property business on Wednesday said that it has entered into a joint venture with Norges Bank Investment Management (NBIM) Read More

Banks Business Companies Regional

Saudi Banking Sector’s Outlook to Be Stable in 2025 

Global Business Magazine January 22, 2025

On the back of strong corporate lending, mortgage demand and funding needs for diversification paths and low interest rates, the outlook for Read More

Business Airlines Companies Regional Tourism World

Middle East Leads Global Tourism Recovery in 2024

Global Business Magazine January 22, 2025

The Middle East has led the recovery of global tourism with 95 million arrivals recovery and remained the strongest-performing region when compared with 2019, Read More

Business Companies Deals Regional

ADNOC Sign $10 Billion Gas Sales Agreement with EWEC

Global Business Magazine January 21, 2025

Abu Dhabi National Oil Company (ADNOC) on Tuesday said that it has entered into a new long-term strategic partnership with Emirates Water Read More