Category :Featured

Finance Featured News Regional

Global Tech Firms Vow to Invest Over $11.9 Billion in Saudi Arabia

Global Business Magazine March 6, 2024

Tech companies from across the world have been making a beeline to Saudi Arabia announcing investments to the tune of over $11.9 billion Read More

Economy Featured News Regional

Parkin Hopes to Raise Around $430 Million Through Its IPO on DFM

Global Business Magazine March 6, 2024

Parkin, the Dubai parking spaces operator, on Tuesday set a price range of $0.54 to $0.57 per share for its IPO, for which subscription Read More

Technology Featured Regional World

BRICS Set to Create Blockchain-Based Payment System

Global Business Magazine March 6, 2024

In a move to challenge the hegemony of US dollar in the international market, BRICS, an intergovernmental organisation comprising Brazil, Russia, India, Read More

Business Energy Featured News World

BlackRock and Morgan Stanley to Buy Portland Natural Gas Systems Limited

Global Business Magazine March 6, 2024

TC Energy Corporation of Calgary in Canada and its partner Northern New England Investment Company, Inc., a subsidiary of Energir L.P., Read More

Finance Featured Regional

TECOM Group to Distribute $108.91 Million as Dividend for H2-2023

Global Business Magazine March 6, 2024

TECOM Group, the creator of specialised business districts and vibrant communities, on Tuesday said that shareholders at its Annual General Assembly Meeting Read More

Finance Featured News Regional

Investcorp Leads in Funding Saudi Arabia’s Tech Start-Up Salla

Global Business Magazine March 6, 2024

Investcorp, a leading global alternative investment firm, said that it has led a $130 million pre-IPO investment round in the Makkah-based Salla, a Read More

Business Energy Featured News Regional

Substantial Progress Made in Trans-Saharan Gas Pipeline

Global Business Magazine March 5, 2024

Algeria’s Minister of Energy and Mines Mohamed Arkab has affirmed that the $13 billion Trans-Saharan Gas Pipeline (TSGP) project had made substantial Read More

Business Aviation Featured News Regional

THC Strikes Deal with Airbus for 120 Helicopters

Global Business Magazine March 5, 2024

Anaheim (The Helicopter Company - THC), Saudi Arabia's premier provider of commercial helicopter services and fully owned by the Public Investment Fund (Read More

Banking Featured News Regional

ADIB Shareholders Approve Dividend of $0.17 Per Share for 2023

Global Business Magazine March 4, 2024

The annual general meeting of Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, on Friday approved a cash Read More

Technology Aviation Featured Logistics News Regional

dnata Deploys Autonomous Drones Into Its Cargo Services

Global Business Magazine March 4, 2024

In a significant initiative to enhance its operational abilities, Emirates Group’s dnata, a leading global air and travel services provider, on Read More