Category :Business

Business Featured News Regional Telecommunications

PIF Acquires Majority Stake in Telecom Towers Company for $2.32 Billion

Global Business Magazine April 23, 2024

Saudi Arabia’s sovereign wealth fund (SWF) - The Public Investment Fund (PIF) – has said that it will acquire a 51% stake in Read More

Business Energy Featured News Regional

UNEZA to Increase Renewable Energy Capacity to 749 GW by 2030

Global Business Magazine April 22, 2024

The Utilities for Net Zero Alliance (UNEZA) has adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity Read More

Business Featured News Regional

ENEC Among Six Firms Selected for Second Round Bidding for Sizewell C Nuclear Plant

Global Business Magazine April 22, 2024

The UAE’s Emirates Nuclear Energy Corporation (ENEC) is among the six potential investors selected by the UK government and the French Read More

Business Aviation Featured News Regional

Emirates and Qatar Airways Vie for Majority Stake in Romania’s TAROM

Global Business Magazine April 22, 2024

Two national carriers in the GCC region – Qatar Airways and Emirates Airlines – are in discussions to buy at least 51% stake in TAROM, Read More

Business Energy Featured News Regional

Masdar and Romania’s Hidroelectrica to Work On Establishing Solar and PV Projects

Global Business Magazine April 22, 2024

Hidroelectrica, Romania’s leading green energy producer, and the UAE-based Masdar, state-owned clean energy company, have signed an agreement to expand the Read More

Business Featured News Regional

E7 Group Sign Multiple Contracts Worth Over $17.7 Million

Global Business Magazine April 22, 2024

E7 Group, the UAE’s leading provider of commercial printing, security solutions, sustainable packaging and distribution services and listed on the Abu Read More

Business Energy Featured News Regional

Hassyan RO Desalination Project Achieve Financial Closure

Global Business Magazine April 18, 2024

Dubai Electricity and Water Authority (DEWA) and Saudi Arabia’s ACWA Power on Wednesday announced the financial closing of the 180 million imperial Read More

Business Aviation Featured News Regional

Global Infrastructure Partners to Offload Majority Stake in Edinburgh Airport

Global Business Magazine April 18, 2024

The New York-headquartered Global Infrastructure Partners (GIP), a leading infrastructure investor, on Wednesday said that it will sell 50.01% stake in Edinburgh Airport Read More

Business Energy Featured News Regional

EWEC Issues Request for Proposals for 1.5 GW Khazna Solar PV Project

Global Business Magazine April 18, 2024

Emirates Water and Electricity Company(EWEC), a leading company in the integrated planning, purchasing and supply of water and electricity across the Read More

Business Featured News Regional World

NEOM Delegation Concludes China Leg of Its “Discover NEOM” Global Roadshow

Global Business Magazine April 18, 2024

Described as land of the future, with an ambition to redefine livability, business and conservation at its heart, Saudi Arabia’s NEOM Read More