Category :Business

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

Business Featured News Regional

Bahrain’s business confidence index increase by 2.67% in Q2 of 2022

Global Business Magazine July 19, 2022

As many as nine out of 10 investors expect stability in Bahrain’s investment climate for the second quarter of this year, according Read More

Business Featured News Regional

Rolls Royce opens its first private office outside UK in Dubai

Global Business Magazine July 19, 2022

Rolls-Royce Motor Cars has unveiled a world-first Private Office in Dubai last week. This facility will be an extension of the marque’Read More

Business Featured News Regional

DEWA’s water microfiltration units slated for completion by end of 2022

Global Business Magazine July 18, 2022

Dubai Electricity and Water Authority (DEWA)’s construction of 3 million imperial gallons per day (MIGD) Water Microfiltration Units in Hatta is 57% complete Read More

Business Featured News Regional

Mubadala helps Sweden’s Klarna raise $800 million in latest funding round

Global Business Magazine July 18, 2022

The UAE’s $248 billion Mubadala Investment nCompany has helped Sweden-based global payments and shopping service firm Klarna, close a new financing of $800 Read More

Business News Regional World

Dubai ranked top shipping centre in Arab world

Global Business Magazine July 18, 2022

Dubai has retained its position as the top shipping centre in the Arab world and the fifth best globally for the fifth Read More