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Category :News

Dubai International Airport Ranked Globally Second for Passenger Traffic in 2023

Global Business Magazine April 17, 2024

Five of the top 10 busiest airports in the world for 2023 for total passenger traffic were in the US and Dubai international airport (Read More

Technology Featured News Regional

Microsoft to Invest $1.5 Billion UAE’s AI Tech Firm G42

Global Business Magazine April 17, 2024

Microsoft, the global technology giant, will invest $1.5 billion in G42, the leading UAE-based artificial intelligence (AI) technology holding firm, the two companies Read More

Finance Featured News World

Singapore Bourse listed Companies Buy Back Shares Worth $169.85 Million in Q1-2024

Global Business Magazine April 17, 2024

Two companies listed on the Singapore Exchange (SGX) - are among the 50 such entities which have bought back shares worth $169.85 million by Read More

Business Featured News Regional

Alpha Dhabi Holding Sells 49% Stake in Alpha Dhabi Construction Holding to ADQ

Global Business Magazine April 17, 2024

Alpha Dhabi Holding, a leading investment holding company in the UAE, on Tuesday said that it will divest 49% of its subsidiary Alpha Read More

Economy Energy Environment Featured News Regional

Global Wind Energy Adds 117 GW of New Capacity in 2023

Global Business Magazine April 17, 2024

The global wind industry has added a record 117 gigawatts (GW) of new capacity last year, representing a 50% year-on-year increase from 2022, the Global Read More

Finance Featured News Regional Technology

Tech Company Launches Innovative Digital Supply Chain Financing Solution to Address Global MSME $5.2 Trillion Financing Gap

Global Business Magazine April 17, 2024

Today, Codebase Technologies, a UAE homegrown financial technology platform provider has announced the launch of its Digibanc SME Financing platform to address Read More

Business Featured Mergers and Acquisitions News World

Blue Owl Acquires Prima Capital Advisors for $170 Million

Global Business Magazine April 16, 2024

When Blue Owl Capital Inc., the New York-based alternative investment and asset manager, announced last week that it was acquiring Prima Capital Read More

Finance Featured News Regional

DeFi Market Set to Grow to $600 Billion by 2032

Global Business Magazine April 16, 2024

The decentralised finance (DeFi) market size is projected to grow from $13.6 billion in 2022 to $600 billion by 2032, on the back of growing demand Read More

Banking Featured News Regional

Saudi Banks’ Performance to Compensate for Declining Profits in Other Sectors

Global Business Magazine April 16, 2024

Saudi Arabia’s AlJazira Capital, which offers full range of modern investment products and services to the investors, said that a strong Read More

Business Featured News World

US to Provide $6.5 Billion to Samsung Electronics

Global Business Magazine April 16, 2024

The US government on Monday said that it will provide up to $6.4 billion in direct funding to Samsung Electronics to develop a Read More