Category :Featured

Finance Featured News Regional

Saudi Arabia and Dubai Financial Market Lead Record Biggest Monthly Gains in 9 Months

Global Business Magazine May 8, 2023

The GCC markets closed April-2023 at the highest level since the last week of January-2023 mainly led by consistent gains during the Read More

Banking Featured Finance News Regional

EIIC Acquires Minor Stake in Abu Dhabi Islamic Bank

Global Business Magazine May 8, 2023

Emirates International Investment Company (EIIC), the strategic investment arm of National Holding, ON Friday announced that it has acquired a minor stake Read More

Energy Featured News World

EU’s Natural Gas Demand Decline by 13.2% in 2022

Global Business Magazine May 8, 2023

Following a 4.3% increase in 2021, the inland demand for natural gas in the European Union (EU) decreased by 13.2% in 2022 to 13.72 million terajoules. This Read More

Business Featured News World

Bayer and Cat Creek Energy Sign Renewable Energy Deal

Global Business Magazine May 8, 2023

The German-headquartered Bayer, a multinational pharma and biotech giant, has secured a long-term structured renewable energy credit (REC) power purchase agreement with Read More

Economy Featured News World

Southeast Asia’s Aviation Growth will be within Asia and Pacific, says ADB

Global Business Magazine May 8, 2023

Southeast Asian countries should explore potential growth opportunities in its aviation sector in Africa, Europe, North America, and the Middle East, but Read More

Economy Business Featured News Regional

AD Ports Group to Further Expand Khalifa Port

Global Business Magazine May 5, 2023

ABU Dhabi (AD) Ports Group, the leading facilitator of global trade, logistics, and industry on Thursday announced its plans to further expand Read More

Business Featured Lifestyle News Regional

Empower Cools 19% of hotels in Dubai

Global Business Magazine May 4, 2023

Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, on Wednesday confirmed its commitment to supporting the Read More

Business Breaking News Featured News Regional

Saudi Aramco Becomes Second Biggest Company in the World

Global Business Magazine May 3, 2023

Saudi Aramco has overtaken global tech giant Microsoft and became the world’s second largest company as its market value has soared Read More

Business Featured News World

Antarctica Capital to Acquire Midwest Holding for $100 million

Global Business Magazine May 3, 2023

Midwest Holding Inc. and investment firm Antarctica Capital have entered into a definitive merger agreement whereby an affiliate of Antarctica will acquire Read More

Economy Business Featured News Regional

Over 31.86 million Passenger Travel Through UAE Airports in Q1-2023

Global Business Magazine May 3, 2023

The number of passengers through the country’s airports increased by 56.3% during the first quarter of this year compared with the corresponding Read More