Category :Business

Economy Business Featured News

Egyptian Government Sells 9.5% Stake in Telecom Egypt

Global Business Magazine May 16, 2023

As part its economic reforms aimed at attracting private investors, the Egyptian government announced the selling of 9.5% stake (162.2 million shares) of state-owned Read More

Business Featured Finance News Regional

Emirates Reports Record Profit of $3 Billion in 2022-23

Global Business Magazine May 12, 2023

Spurt in travel demand ensured the UAE’s national carrier Emirates to register record profits in 2022-23.Read More

Energy Business Featured News Regional

UAE Signs Three Agreements with Chinese Entities to Support Low Carbon Nuclear Power

Global Business Magazine May 12, 2023

The UAE’s Emirates Nuclear Energy Corporation (ENEC) has signed three agreements with Chinese nuclear energy entities to advance collaboration between the Read More

Business Energy Featured News Regional

QatarEnergy Signs Two Contracts for Offshore Blocks in Suriname

Global Business Magazine May 10, 2023

QatarEnergy, Qatar’s state-owned energy giant, on Tuesday signed two production sharing contracts (PSCs) for two blocks offshore Suriname, following successful bids Read More

Business Featured News Regional World

flydubai expands its network in Poland to three destinations

Global Business Magazine May 9, 2023

flydubai, the Dubai-based carrier, has announced it will be operating three flights to Poznan in Poland from 29 October 2023, becoming the first UAE Read More

Technology Business Featured News Regional

Oman’s Data Centre Investments to Reach $428 million by 2026

Global Business Magazine May 9, 2023

Investments in the data centres of Sultanate of Oman is expected to Reach $428 million by 2028, growing at a CAGR of 9.6% between 2023-28, Read More

Business Featured News Regional

FedEx Express to Collaborate with Saudi Export Development Authority

Global Business Magazine May 9, 2023

FedEx Express on Monday signed an agreement with the Saudi Export Development Authority, represented by the ‘Made in Saudi’ program, to be Read More

Business Featured News World

Bayer and Cat Creek Energy Sign Renewable Energy Deal

Global Business Magazine May 8, 2023

The German-headquartered Bayer, a multinational pharma and biotech giant, has secured a long-term structured renewable energy credit (REC) power purchase agreement with Read More

Economy Business Featured News Regional

AD Ports Group to Further Expand Khalifa Port

Global Business Magazine May 5, 2023

ABU Dhabi (AD) Ports Group, the leading facilitator of global trade, logistics, and industry on Thursday announced its plans to further expand Read More

Real Estate Business News Regional

Dubai CommerCity and IWG Launch ‘Spaces CommerCity’

Global Business Magazine May 5, 2023

Dubai CommerCity, in a joint venture with the property developer Wasl, and IWG, the world’s leading provider of flexible workspaces, inaugurated ‘Read More