Category :Featured

Technology Featured News Regional

Global Semiconductor Industry Revenues Cross $550 Billion In 2021

Global Business Magazine February 15, 2022

The revenues of global semiconductor industry increased 25.1% in 2021 to total $583.5 billion, crossing the $500 billion threshold for the first time, according to preliminary Read More

Energy Featured News Regional

Hassyan Power Complex Adds 1,200 MW To Its Production Capacity

Global Business Magazine February 14, 2022

Dubai Electricity and Water Authority (DEWA) has disclosed that the current production capacity of Hassyan Power Complex reached 1,200 megawatts (MW), using the Read More

Business Featured News Regional

UAE’s F&B Trade Reaches $20 Billion In First Nine Months Of 2021

Global Business Magazine February 14, 2022

Food and beverage (F&B) trade in the UAE increased steadily to reach over $20 billion in the first nine months of 2021, supported Read More

Energy Featured News Regional

Boost For Saudi Renewables After Aramco Transfers Shares To PIF

Global Business Magazine February 14, 2022

When Saudi Arabia’s Crown Prince Mohammed bin Salman announced transfer of Saudi Aramco’s 4% shares to state-owned Public Investment (PIF), it Read More

Business Featured News Regional

UAE Companies On Acquisition Spree In The Regional Markets

Global Business Magazine February 14, 2022

There has been a flurry of activity among the UAE companies to acquire well-known companies in Egypt in the recent past.Read More

Real Estate Featured News

Dubai Real Deals Valued Around $1.8 Billion For Week Ending Feb 11

Global Business Magazine February 13, 2022

Dubai’s real estate transactions continued to increase in 2022 like in the previous year.Read More

Business Featured News World

European Union’s E-commerce Market To Be Around $1.2 Trillion In 2025

Global Business Magazine February 12, 2022

Europe is one of the strongest economic regions in the world and the Gross Domestic Product (GDP) OF THE European Union (EU) Read More

Banking Featured News Regional

UAE Central Bank Permits ADQ To Launch Digital Banking Platform

Global Business Magazine February 11, 2022

The Central Bank of UAE has granted “in-principle” approval to ADQ, an Abu Dhabi-based investment and holding company to launch a new Read More

Business Featured News Regional

Dubai Chamber Aims To Attract Several MNCs In The Next Three Years

Global Business Magazine February 11, 2022

Dubai International Chamber (DIC) has set an ambitious target of attracting 50 multi-national companies to Dubai within three years. The Emirate has already Read More

Business Featured News Regional

UAE Ranked Third Globally In Agility Emerging Markets Logistics Index

Global Business Magazine February 10, 2022

The United Arab Emirates (UAE) has been ranked first in the MENA region and third globally for its performance in both the Read More