Category :Business

Business Featured News Regional

ADNOC Drilling awards $1.53 billion contract to support expansion of its offshore operations

Global Business Magazine October 11, 2022

Abu Dhabi National Oil Company (ADNOC) announced today the award of a contract worth $1.53 billion (AED 5.62 billion) to ADNOC Drilling. The award Read More

Business Featured News Regional

Islamic insurer Salama secures approval to merge with Takaful Emarat

Global Business Magazine October 3, 2022

Salama, Dubai-based Islamic Arab Insurance Company, on Monday confirmed that it has obtained initial regulatory approval for a merger with Takaful Emarat Read More

Business Featured News Regional

Emirates and United Airlines announce commercial agreement to enhance each other’s network

Global Business Magazine September 16, 2022

Emirates Airlines and United Airlines announced a commercial agreement on Thursday that will enhance each airline’s network and give their customers Read More

Business Featured News Regional

Tabby expands its operations in Egypt

Global Business Magazine September 7, 2022

Tabby, the Middle East’s leading payments and shopping app, announced its launch in Egypt, enabling shoppers to pay over time without Read More

Business Featured News Regional

Dubai Urban Tech District to create 4,000 jobs

Global Business Magazine September 7, 2022

The Dubai Urban Tech District will become home for the most innovative entrepreneurs; a living laboratory where innovation in urban technology thrives.Read More

Business Featured News Regional

Actis to acquire controlling stake in UAE-based Yellow Door Energy

Global Business Magazine September 2, 2022

Actis, a leading global investor in sustainable infrastructure, has announced the signing of definitive transaction documents for the acquisition of a controlling Read More

Business Featured Health News Regional

Burjeel Holding to invest $1 billion in Saudi Arabia

Global Business Magazine August 24, 2022

Burjeel Holdings, the UAE’s biggest private healthcare operator, will invest up to $1 billion as part of its expansion plans in Saudi Read More

Business Featured News Regional

Emaar signs $335.2 million deal its online fashion retailer Namshi to e-commerce firm Noon

Global Business Magazine August 24, 2022

As a follow-up to its last week’s announcement, Dubai’s biggest listed developer Emaar said it will be signing a $335.2 million Read More

Business Featured News Regional

Al Bateen executive airport re-opens after completion of major refurbishment

Global Business Magazine August 23, 2022

Al Bateen Executive Airport has reopened on Monday following the successful completion of a major refurbishment project which will allow the airport Read More

Business Featured News Regional

Aldar Properties acquires four prime properties from Mubadala Investment Company

Global Business Magazine August 23, 2022

Aldar Properties will buy four prime commercial towers from Mubadala Investment Company in Abu Dhabi Global Market valued around $1.17 billion. With this Read More