Category :Business

Business Featured Mergers and Acquisitions News Regional

ESG Acquires Additional Stake in Two UAE Interior Designing Firms

Global Business Magazine March 22, 2024

Emirates Stallions Group (ESG), a subsidiary of International Holding Company, on Thursday said that it has acquired 40% additional stake in two leading Read More

Business Energy Featured News Regional

Aramco Eyes Retail Fuel Markets Southeast Asia and Africa

Global Business Magazine March 22, 2024

Saudi Aramco is planning to enter the retail fuel markets of Southeast Asia and Africa as the sector enjoy high growth rate Read More

Business Featured News Real Estate Regional

Investcorp and Two SWFs Form $526 Million Venture on Buying US Industrial Sector

Global Business Magazine March 21, 2024

Investcorp, a leading global alternative investment firm, in partnership with two leading sovereign wealth funds, on Wednesday announced the formation of a Read More

Business Featured News Real Estate Regional

Abu Dhabi Real Transactions Total $23.72 Billion in 2023

Global Business Magazine March 21, 2024

Abu Dhabi Real Estate Centre (ADREC), a dedicated affiliate of the Department of Municipalities and Transport (DMT), on Wednesday said that the Read More

Business Featured News Regional

Masdar Acquires 50% Stake in Renewable Energy Producer Terra-Gen

Global Business Magazine March 21, 2024

Masdar, Abu Dhabi Future Energy Company and the UAE’s clean energy powerhouse, has signed an agreement to acquire a 50% stake in Read More

Business Featured Merger and Acquisitions News World

Iberdrola Sign PPA with Amazon for 159 MW Offshore Windfarm in UK

Global Business Magazine March 21, 2024

Iberdrola, one of the world’s largest clean energy companies in Spain, and Amazon on Wednesday expanded their long-term global clean power Read More

Business Featured News Regional

Mubadala and Uber Invest in Global Mobility Fintech Firm

Global Business Magazine March 20, 2024

Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, on Tuesday said that it has raised $100 million Read More

Business Featured News Regional

Dairy Giant Almarai to Invest $4.8 Billion in Next Five Years

Global Business Magazine March 19, 2024

As part of its five-year strategic plan, Saudi-based Almarai, the world’s largest vertically integrated dairy company and the region’s largest Read More

Business Aviation Featured News World

Korean Air Building Asia’s Largest Engine MRO Facility

Global Business Magazine March 19, 2024

Asia’s largest aircraft maintenance cluster is being built in Unbuk near Incheon International Airport in South Korea by Korean Air and Read More

Business Featured News Regional

Passenger EV Sales Pick Up in Indonesia in 2023

Global Business Magazine March 19, 2024

Passenger electric vehicle (EV) sales in Indonesia rose by 65.6% in 2023 to reach a total of 17,119 units, a significant surge from 10,337 units in 2022. Read More