Category :Business

Featured Business Civil Aviation Economy News Regional

UAE’s National Carriers Operated 98,926 Flights in Q1-2023

Global Business Magazine April 11, 2023

The five national airlines of the UAE – Emirates Airlines, Etihad Airways, Fly Dubai, Air Arabia and Al Arabiya Abu Dhabi – have combinedly Read More

Crypto Business

Bitcoin Cross $30,000 Barrier for First Time Since June 2022

Global Business Magazine April 11, 2023

INTRO: Bitcoin (BTC) moved past the $30,000 level for the first time since 10 June 2022 as last month’s turmoil in banking sector subsided Read More

Business Featured News Regional

ADNOC signs MoU with North Rhine-Westphalia to create low-carbon ammonia value chain

Global Business Magazine March 28, 2023

ADNOC on Monday that it will explore opportunities to support the climate-neutral transformation of industry through the creation of a low-carbon ammonia Read More

Business Featured News Regional

Microsoft inks deal on carbon removal credit with CarbonCapture

Global Business Magazine March 28, 2023

Technology giant Microsoft signed a deal with California-based CarbonCapture to purchase direct air capture (DAC) carbon removal credits last week.Read More

Business Featured News Regional

BlackRock to acquire stake in Kenya’s 310 MW wind farm

Global Business Magazine March 27, 2023

One of the funds overseen by US-based multinational investment company BlackRock is acquiring a stake in a 310 MW wind farm in Kenya, Read More

Business Featured News Regional

Dubai’s RTA sign MoU with Keolis-MHI

Global Business Magazine March 20, 2023

Dubai’s Roads and Transport Authority (RTA) has signed a Memorandum of Understanding (MoU) with Keolis-MHI, the company responsible for operating and Read More

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