Category :Featured

Finance Featured News Regional

Saudi wealth fund to invest in mountainous Aseer region

Global Business Magazine December 5, 2022

The Public Investment Fund (PIF), Saudi Arabia’s Sovereign Wealth Fund, has announced the establishment of Aseer Investment Company (AIC) to operate Read More

Energy Featured News Regional

UAE’s AMEA Power to develop 1GW green hydrogen project in Egypt

Global Business Magazine November 21, 2022

AMEA Power, one of the fastest growing renewable energy companies in the Middle East, has signed a Framework Agreement with Egypt to Read More

Business Featured News Regional

Aramco and Pertamina explore hydrogen and ammonia value chain

Global Business Magazine November 21, 2022

Aramco and Indonesia’s PT Pertamina (Persero) are exploring collaboration across the hydrogen and ammonia value chain.Read More

Technology Featured News Regional

Abu Dhabi global market launches Crypto hub and school of Digital assets

Global Business Magazine November 21, 2022

Abu Dhabi Global Market Academy (ADGMA), the knowledge arm of Abu Dhabi Global Market (ADGM), the international financial centre of UAE’s Read More

Business Featured News Regional

Two Israeli firms to open their offices in Abu Dhabi

Global Business Magazine November 17, 2022

Two Israeli companies have announced opening their offices in the UAE as part of a $545 million government incentive program for innovation-focused firms Read More

Banking Featured News Regional

UAE’s banking sector cross $900 billion in 2022

Global Business Magazine November 17, 2022

UAE’s banking sector assets have grown 12-fold - from $75 billion in 2000 to over $900 billion in 2022 - a jump from 70% of the Read More

Energy Featured News Regional

Egypt launches Africa’s first voluntary carbon market at COP27

Global Business Magazine November 10, 2022

The Egyptian government launched the first African voluntary carbon market, which will be based in Egypt, on the side lines of the Read More

Finance Featured News Regional

EMPOWER raises over $724 million through its IPO

Global Business Magazine November 10, 2022

Emirates Central Cooling Systems Corporation (EMPOWER) has announced that it has successfully completed the book-build and public subscription process for its initial Read More

Economy Featured News Regional

Dubai stands to gain from FIFA world cup 2022 in Qatar

Global Business Magazine November 10, 2022

The FIFA World Cup 2022 in Qatar is all set to give a further boost to Gulf Cooperation Council (GCC) economies, which are Read More

Energy Featured News Regional

GCC steps up Oil and Gas output even as World looks at zero net emissions

Global Business Magazine November 10, 2022

Hydrocarbons-rich Middle East countries attending the UN Climate Change Conference in Egypt want to steer the narrative on energy security and transition Read More