Category :Business

Business Featured News Regional

Saudi PIF’s savvy games invest $265 million in China’s VSPO

Global Business Magazine February 20, 2023

Saudi Arabia’s Savvy Games Group, which is owned by the Kingdom’s Public Investment Fund (PIF) has announced investing $265 million in Read More

Business Featured News Regional

Zoho to invest $27.2 million for expansion in UAE

Global Business Magazine February 17, 2023

On the occasion of Zoho's annual user conference of the company, Zoholics Dubai, Zoho’s CEO and co-founder, Sridhar Vembu, announced its Read More

Business Featured News Regional

Vertiv’s new facility in UAE

Global Business Magazine January 30, 2023

The US-based Vertiv, a global provider of critical digital infrastructure and continuity solutions, on Monday inaugurated an expansion of its factory in Read More

Business Featured News Regional

MNCs looking at Dubai to set up regional Headquarters

Global Business Magazine January 30, 2023

Multi-National Companies (MNCs) have been thronging and opening their regional headquarters in Dubai for quite some time, according to a report from Read More

Business Featured News Regional

DMCC and BSAF sign MoU to boost agri commodities trade with South Asia

Global Business Magazine January 23, 2023

Dubai Multi Commodities Centre (DMCC), the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – and Read More

Business Featured News Regional

Dubai duty free annual sales reach $1.74 billion in 2022

Global Business Magazine January 4, 2023

Dubai Duty Free ushered in the new year by announcing annual sales of $1.74 billion in 2022, representing a 78% increase over the previous year.Read More

Business Featured News Regional

Saudi Arabia’s PIF takes controlling stake in US tech start-up Magic Leap

Global Business Magazine January 3, 2023

Saudi Arabia has taken a controlling stake in Magic Leap Inc., the once-highflying start-up in the increasingly hot field of making augmented-reality Read More

Business Featured News Regional

Dubai International bags airport of the year at Aviation Business Awards 2022

Global Business Magazine December 20, 2022

Dubai International (DXB) has won the ‘Airport of the Year' award at the Aviation Business Awards 2022. Paul Griffiths, CEO of Dubai Airports Read More

Business Featured News Regional

Dubai International Chamber inaugurates 3 new offices

Global Business Magazine December 20, 2022

Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has opened three new international representative offices based in Cairo, Read More

Business Featured News Regional

Saudi Arabia’s PIF acquires 9.5% stake in Skyborn Renewables

Global Business Magazine December 13, 2022

Saudi Arabia’s Sovereign Wealth Fund - Public Investment Fund (PIF) – has acquired up to 9.5% of Bremen-based Skyborn Renewables GmbH in Germany, Read More