Category :Business

Business Featured News Regional

Jadwa Investment acquires 70% stake in Kuwait’s Dadboob Holdings

Global Business Magazine June 20, 2022

Saudi Arabia's Jadwa Investment has acquired a majority stake of 70% in Kuwait-based Dabdoob Holdings, owner of the largest toy e-commerce application in Read More

Business Featured News Regional

DP World sign pact with Saudi Ports Authority

Global Business Magazine June 20, 2022

DP World and the Saudi Ports Authority (Mawani) on Sunday announced the signing of a 30-year agreement with an investment valued around $133.33 Read More

Business Featured News Regional

dnata to spend $100 million in green investments in next two years

Global Business Magazine June 20, 2022

Air and travel services provider dnata announced it would invest US$ 100 million in green operations in the next two years to further Read More

Business Featured News Regional

Saudi Arabia offers fiscal incentives to airlines flying to unprofitable routes

Global Business Magazine June 20, 2022

Saudi Arabia is luring airlines with financial incentives to fly routes, that have so far been considered to be unprofitable, in order Read More

Business Energy Featured News Regional

ADNOC attracted $65 billion in FDI since 2016

Global Business Magazine June 20, 2022

As the world increasingly needs more energy with lower emissions, top tier investors from around the globe have been drawn to Abu Read More

Business Featured News Regional

SHUUA Capital acquires Allianz for $160 million

Global Business Magazine June 15, 2022

SHUAA Capital, the leading asset management and investment banking platform in the region, on Tuesday (14 June 2022) announced the funding of its leveraged Read More

Business Featured News Regional

UAE’s Chimera plans to acquire Beltone Financial Holding

Global Business Magazine June 14, 2022

The Abu Dhabi-based private investment firm Chimera Investments submitted to the Financial Regulatory Authority (FRA) a mandatory non-binding bid to buy the Read More

Business Featured News Regional

ADX to acquire Turkey’s Birgi Mefar Group

Global Business Magazine June 14, 2022

ADQ, an Abu Dhabi-based investment and holding company, on Monday (13 June 2022) announced it has entered into a definitive agreement to acquire Birgi Read More

Business Featured News Regional

A delegation from the UAE is going to Morocco to talk business and investment

Global Business Magazine June 13, 2022

Last Thursday, in order to discuss how to improve bilateral cooperation, increase investment flows, and widen economic partnerships in the future, a Read More

Business Featured News Regional

DXB records busiest quarter since 2020

Global Business Magazine June 13, 2022

Dubai International (DXB) has recorded the busiest quarter since 2020 with 13.6 million passengers in Q1 of 2022, indicating that traffic recovery is gaining momentum Read More