Category :Business

Business Featured News Regional

ADNOC bags three contracts worth $2.67 billion

Global Business Magazine July 28, 2022

Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of two substantial contracts totalling $2 billion to ADNOC Drilling for the Read More

Business Featured News Regional

Saudi’s Tanmiah and Tyson Foods enter into strategic partnership

Global Business Magazine July 26, 2022

The US-based Tyson Foods, Inc. and Saudi Arabia’s Tanmiah Food Company announced entering into a strategic partnership agreement on Sunday. The Read More

Business Featured News Regional

Eshraq Investments’ plans to acquire Goldilocks nearing completion

Global Business Magazine July 26, 2022

Abu Dhabi based Eshraq Investments PJSC, which is listed on Abu Dhabi Exchange (ADX) on Monday announced that the process of acquiring Read More

Business Featured News Regional

Saudi Arabia’s PIF to invest $92.13 million Aston Martin

Global Business Magazine July 25, 2022

Saudi Arabia’s Sovereign Wealth Fund (SWF) – Public Investment Fund (PIF) – will invest in the UK-based Aston Martin Lagonda Global Holdings PLC Read More

Business Featured News Regional

Saudi Arabia and Kazakhstan sign 13 agreements

Global Business Magazine July 25, 2022

The Saudi Arabia’s Ministry of Investment (MISA) on Sunday hosted a senior delegation from Kazakhstan at the Saudi-Kazakh Investment Meeting, which Read More

Business Featured News Regional

Agthia Group to acquire majority stake in Egypt’s Abu Auf Holdings

Global Business Magazine July 22, 2022

The spate of acquisitions of Egyptian businesses by their counterparts in the UAE continues unabated.Read More

Business Featured News Regional

Nexon Star and Snowbell Restaurant sign deal to use Artificial Intelligence in UAE restaurants

Global Business Magazine July 22, 2022

The Seoul-based Nexon Star and the UAE’s Snowbell Restaurant Management Co. have signed an agreement to start using Nexon Star’s Read More

Business Featured News Regional

DEWA to invest around $11 billion in next five years

Global Business Magazine July 21, 2022

Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), on Wednesday announced that DEWA has plans to invest ($10.89 Read More

Business Featured News Regional

Egypt to launch low cost airline ‘Air Sphinx’ in 2022-23

Global Business Magazine July 20, 2022

Egypt has announced the launching of its first-ever low cost airline carrier “Air Sphinx,” which is scheduled to begin operations in the Read More

Business Featured News Regional

AD Ports to support Hayat Biotech’s global logistics and distribution plans

Global Business Magazine July 19, 2022

Abu Dhabi Ports Group and Hayat Biotech signed a Memorandum of Understanding (MoU) to support Hayat Biotech’s global logistics and distribution Read More