Category :Business

Real Estate Featured Mergers and Acquisitions News Regional

Aldar Estates Expands Portfolio Through Acquisition of FAB Properties

Global Business Magazine September 12, 2023

Aldar Estates, the region’s largest integrated property and facilities management company, on Monday announced that it has added further scale to Read More

Business Featured News Regional

Covestro AG to Restart Talks with ADNOC on $12 Billion Takeover

Global Business Magazine September 12, 2023

The Germany-based Covestro AG has decided, in view of the interest in Covestro expressed by Abu Dhabi National Oil Company (ADNOC), to Read More

Business Economy Infrastructure News

Orascom Bags $1.4 Billion Alexandria Metro Rail Project in Egypt

Global Business Magazine September 11, 2023

The Cairo-based Orascom Construction, has announced that its consortium with Colas Rail has signed an Engineering, Procurement and Construction (EPC) contract with Read More

Energy Business Featured News World

Vale and H2 Green Steel Sign MoU to Study Development of Green Industrial Hubs in Brazil and US

Global Business Magazine September 11, 2023

Vale, a Brazilian multinational corporation engaged in metals and mining, on Friday said that it has signed an agreement with Swedish industrial Read More

Technology Business Featured News Regional

Fintech Saudi and MasterCard Sign MoU to Spur Growth of Saudi Fintech Industry

Global Business Magazine September 8, 2023

MasterCard, The US-based global technology company in the payments industry, and Fintech Saudi signed a Memorandum of Understanding (MoU) during Seamless Saudi Read More

Energy Business Mergers and Acquisitions News Regional

ADNOC Gas Ink Deal with PetroChina International for Supplying LNG

Global Business Magazine September 8, 2023

ADNOC Gas, a world-class integrated gas processing company, on Thursday announced an agreement, valued between $450 million and $550 million, to supply Liquefied Natural Read More

Energy Business Featured News Regional

Italy’s Eni to Invest $7.7 Billion in Egypt’s Oil and Gas Sector

Global Business Magazine September 5, 2023

Eni, Italian energy major, has announced plans to invest $7.7 billion in several oil and gas projects in Egypt in the next four Read More

Business Airlines Featured News World

Turkish Airlines Orders 10 Airbus A350-900s

Global Business Magazine September 5, 2023

As part of its fleet expansion programme, Turkish Airlines has announced that it has placed orders with Airbus for 10 Airbus A350-900Read More

Energy Business Featured News World

Denmark’s Orsted Secures $783 Million for its Wind Farms in Taiwan

Global Business Magazine September 5, 2023

Danish renewable energy developer Orsted on Monday announced that it has signed $783 million (NTD25 billion) sustainability-linked revolving loan facility for its offshore Read More

Business Featured Finance News Regional

GCC Assets under Management (AuM) Industry to Reach $500 Billion by 2026

Global Business Magazine September 5, 2023

The GCC asset management market is projected to grow, reaching about $500 billion in onshore assets by 2026, a leap from $400 billion at the Read More