Category :Featured

Banking Featured News Regional

Saudi National Bank reports net income of $1.2 billion in Q1-2022

Global Business Magazine July 28, 2022

The Saudi National Bank (SNB) on Thursday announced a net income after zakat and income tax of $1.2 billion by the end of Read More

Technology Featured News Regional

RIT Dubai and ONE MOTO to launch the UAEs first Smart Mobility and Innovation Centre

Global Business Magazine July 27, 2022

Rochester Institute of Technology (RIT) Dubai has joined forces with sustainable vehicle company, ONE MOTO, to develop a range of three innovative Read More

Finance Featured News Regional

Saudi Arabia to list the $500 billion NEOM Project in 2024

Global Business Magazine July 26, 2022

The Saudi Arabia’s capital market Tadawul (TASI) will be richer by another $266 billion once the Kingdom’s $500 billion NEOM project will Read More

Business Featured News Regional

Saudi’s Tanmiah and Tyson Foods enter into strategic partnership

Global Business Magazine July 26, 2022

The US-based Tyson Foods, Inc. and Saudi Arabia’s Tanmiah Food Company announced entering into a strategic partnership agreement on Sunday. The Read More

Real Estate Featured News Regional

Majid Al Futtaim opens new mall in Dammam, Saudi Arabia

Global Business Magazine July 26, 2022

Majid Al Futtaim, the leading company in developing and managing shopping malls, integrated cities, retail institutions and entertainment facilities in the Middle Read More

Business Featured News Regional

Eshraq Investments’ plans to acquire Goldilocks nearing completion

Global Business Magazine July 26, 2022

Abu Dhabi based Eshraq Investments PJSC, which is listed on Abu Dhabi Exchange (ADX) on Monday announced that the process of acquiring Read More

Finance Featured News Regional

Capital intelligence affirms UAE’s outlook for ratings as stable

Global Business Magazine July 25, 2022

Capital Intelligence Ratings (CI Ratings) has announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Read More

Business Featured News Regional

Saudi Arabia’s PIF to invest $92.13 million Aston Martin

Global Business Magazine July 25, 2022

Saudi Arabia’s Sovereign Wealth Fund (SWF) – Public Investment Fund (PIF) – will invest in the UK-based Aston Martin Lagonda Global Holdings PLC Read More

Business Featured News Regional

Saudi Arabia and Kazakhstan sign 13 agreements

Global Business Magazine July 25, 2022

The Saudi Arabia’s Ministry of Investment (MISA) on Sunday hosted a senior delegation from Kazakhstan at the Saudi-Kazakh Investment Meeting, which Read More

Banking Featured News Regional

UAE Banks’ lending activity witnesses growth in Q1 of 2022

Global Business Magazine July 25, 2022

The Central Bank of UAE (UAECB) on Friday said that the lending activity in the UAE rebounded during the first quarter of Read More