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Rabigh Petroleum Plans to Increase Capital to $5.85 Billion

Business Companies GCC shares

Rabigh Petroleum Plans to Increase Capital to $5.85 Billion

Global Business Magazine September 1, 2025

Saudi Arabia’s Rabigh Refining and Petrochemical Company, has informed its shareholders about the Board’s recommendation to increase the company’s Read More

ADX-Listed Firms Outpace Peers in Corporate Earnings in H1

Business Companies Earnings GCC

ADX-Listed Firms Outpace Peers in Corporate Earnings in H1

Global Business Magazine September 1, 2025

Listed companies in Abu Dhabi witnessed an 18.3% y-o-y increase in total net profits during Q2-2025, reaching $10.3 billion, compared with $8.7 billion in Read More

Abu Dhabi Women Entrepreneurs Get 5,930 Economic Licences

Business Companies GCC Licences

Abu Dhabi Women Entrepreneurs Get 5,930 Economic Licences

Global Business Magazine August 29, 2025

Showcasing the effectiveness of initiatives to empower UAE women to further enhance their role in accelerating economic growth and diversification, the Abu Read More

Virgin Australia Posts $312.64 Million in Profit for FY2025

Business Airlines Asia Pacific Companies Earnings

Virgin Australia Posts $312.64 Million in Profit for FY2025

Global Business Magazine August 29, 2025

Virgin Australia, the second-largest airline group in Australia, on Friday said that the airline has posted a full-year statutory net profit after Read More

Institutional Placement of ADNOC L&S Shares Completed

Business Companies GCC shares

Institutional Placement of ADNOC L&S Shares Completed

Global Business Magazine August 29, 2025

Abu Dhabi National Oil Company (ADNOC) on Friday announced that it has successfully completed the pricing of a placement to institutional investors Read More

Swedbank acquires Entercard for $273 Million

Business Banks Companies Mergers and Acquisitions World

Swedbank acquires Entercard for $273 Million

Global Business Magazine August 29, 2025

Nordic-Baltic financial group Swedbank has reached an agreement to fully acquire Entercard Group AB from Barclays Principal Investments Ltd, a subsidiary of Read More

FAB Issues Inaugural $50 Million Blue Bond

Banks Bonds Business Companies GCC

FAB Issues Inaugural $50 Million Blue Bond

Global Business Magazine August 29, 2025

In a first of its kind by a financial institution in the GCC region, the Abu Dhabi-based First Abu Dhabi Bank (FAB), Read More

ADIA’s Subsidiary Invests $1.5 Billion in GLP Pte Ltd

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ADIA’s Subsidiary Invests $1.5 Billion in GLP Pte Ltd

Global Business Magazine August 29, 2025

Singapore-headquartered GLP Pte Ltd, a leading global thematic business builder, investor and investment manager, on Thursday announced that a wholly owned subsidiary Read More

TECOM Acquires 138 Plots In Dubai Internet City

Business Companies GCC Real Estate

TECOM Acquires 138 Plots In Dubai Internet City

Global Business Magazine August 28, 2025

Supporting robust and growing customer demand in the industrial sector, TECOM Group, the creator of specialised business districts and vibrant communities in Read More

Saudi Banks Look At Sukuk Issuance to Increase Buffers

Banks Business Companies GCC Sukuk

Saudi Banks Look At Sukuk Issuance to Increase Buffers

Global Business Magazine August 28, 2025

Four Saudi banks – Saudi Awwal Bank (SAB), Banque Saudi Fransi (BSF), Alinma Bank, and Arab National Bank (ANB) on Thursday informed Saudi Read More

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