Category :Business

Business ASEAN Companies Data Centres GCC Investments

UAE’s Zero Two Invests in Evolution Data Centres

Global Business Magazine August 12, 2025

The Warburg Pincus backed Evolution Data Centres (Evolution), a leading sustainable data centre platform in Southeast Asia, on Tuesday announced a strategic Read More

Business Companies Earnings GCC Logistics

ADNOC L&S Reports Revenue of $1.26 Billion in Q2

Global Business Magazine August 12, 2025

Surpassing market expectations and demonstrating resilience and operational strength in a volatile market, ADNOC Logistics and Services, a global energy maritime logistics Read More

Business Companies Earnings GCC

Talabat Holding’s GMV Reach $2.4 Billion in H1

Global Business Magazine August 12, 2025

Talabat Holding plc (talabat), the leading on-demand online ordering and delivery platform in the MENA region, on Tuesday said that its Gross Read More

Business Companies GCC Real Estate

Aldar Properties Launch Fahid Beach Residences

Global Business Magazine August 12, 2025

Aldar Properties, the UAE’s real estate developer, on Tuesday announced the launch of Fahid Beach Terraces, a premium six building residential Read More

Business Companies IPOs World

Crypto firm Bullish Upsizes its IPO, Targets $900 Million

Global Business Magazine August 12, 2025

Crypto exchange Bullish, an institutionally focused global digital asset platform that provides market infrastructure and information services, has upsized its initial public Read More

Business Companies IPOs Middle East

MENA IPO Market Raises $2.5 Billion in Q2

Global Business Magazine August 12, 2025

The MENA markets saw 14 initial public offerings (IPOs) during Q2 2025, raising $2.5 billion in proceeds, which represents a slight decrease of 6.2% compared with Read More

Business ASEAN Companies Telecommunications

StarHub Completes Acquisition of MyReublic Broadband

Global Business Magazine August 12, 2025

A day after Tuas announced plans to acquire Singapore-based telecom firm M1 from Keppler, the city-state headquartered StarHub Ltd on Tuesday said Read More

Business Companies Earnings sovereign wealth funds World

Norway’s GPFG Reports Positive Returns in H1 2025

Global Business Magazine August 12, 2025

Norway’s Government Pension Fund Global (GPFG) returned 5.7% in the first half of 2025. The return on the fund's equity investments was 6.7%, whereas Read More

Business Companies Data Centres Divestments World

Spark Offloads 75% Stake in Data Centre Business

Global Business Magazine August 12, 2025

New Zealand’s telecom company Spark New Zealand (Spark) on Tuesday announced that it has entered into an agreement to sell a 75% Read More

Business Companies Funding World

Orsted Plans Rights Issue to Raise $9.34 Billion

Global Business Magazine August 12, 2025

Danish multinational energy company Orsted, which is the world’s biggest offshore wind-farm developer, has announced its plan for a rights issue Read More