Category :Business

Technology Business Mergers and Acquisitions News Regional

Abu Dhabi’s G42 Sign MoU with Kenya’s EcoCloud to Open Mega Data Centre

Global Business Magazine March 11, 2024

The Abu Dhabi-based technology holding group and Kenya’s EcoCloud, a leading provider of sustainable data centre solutions, signed a memorandum of Read More

Business Featured News Regional

Saudi EV Maker Ceer Awards $1.3 Billion Contract for Construction of Manufacturing Complex

Global Business Magazine March 11, 2024

Ceer, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM), has awarded a $1.3 billion contract for the construction Read More

Business Featured News Regional

ADNH Acquires Entire 50% Stake in Compass Group’s JV Entities in UAE

Global Business Magazine March 11, 2024

Abu Dhabi National Hotels Company (ADNH) on Friday said that it has reached an agreement with Argentina-based Compass Group International (Compass) to Read More

Economy Aviation Featured News Regional

MBRAH and Tim Aerospace Start Works on New Hangar at Dubai South

Global Business Magazine March 8, 2024

A day after the conclusion of the region’s biggest MRO summit, Mohammed bin Rashid Aerospace Hub (MBRAH), Dubai's aerospace platform dedicated Read More

Business Featured Luxury News Regional

IHG Group to Open Two New Luxury Hotels in Riyadh

Global Business Magazine March 8, 2024

IHG Hotels & Resorts, one of the world’s leading hotel companies, has signed an agreement with the King Abdullah Financial District Management Read More

Business Featured News Regional

Saudi and Bahrain SWFs Sign MoU to Enable New Investment Opportunities

Global Business Magazine March 7, 2024

Two Sovereign Wealth Funds (SWFs) in the GCC region - Saudi Arabia’s Public Investment Fund (PIF) and Bahrain’s Mumtalakat Holding Read More

Business Energy Featured News World

BlackRock and Morgan Stanley to Buy Portland Natural Gas Systems Limited

Global Business Magazine March 6, 2024

TC Energy Corporation of Calgary in Canada and its partner Northern New England Investment Company, Inc., a subsidiary of Energir L.P., Read More

Business Energy Featured News Regional

Substantial Progress Made in Trans-Saharan Gas Pipeline

Global Business Magazine March 5, 2024

Algeria’s Minister of Energy and Mines Mohamed Arkab has affirmed that the $13 billion Trans-Saharan Gas Pipeline (TSGP) project had made substantial Read More

Business Aviation Featured News Regional

THC Strikes Deal with Airbus for 120 Helicopters

Global Business Magazine March 5, 2024

Anaheim (The Helicopter Company - THC), Saudi Arabia's premier provider of commercial helicopter services and fully owned by the Public Investment Fund (Read More

Technology Aviation Featured Logistics News Regional

dnata Deploys Autonomous Drones Into Its Cargo Services

Global Business Magazine March 4, 2024

In a significant initiative to enhance its operational abilities, Emirates Group’s dnata, a leading global air and travel services provider, on Read More