Category :News

Business News Real Estate Recession Regional

Union Properties Witness Robust Asset Sales in Q1 of 2024

Global Business Magazine April 2, 2024

Dubai-based Union Properties on Monday said that it has demonstrated robust asset sales and cash flow generation during the first quarter of 2024 Read More

Finance Featured News World

MAS Launches Digital Platform COSMIC to Combat Money Laundering, Terror financing 

Global Business Magazine April 2, 2024

The Monetary Authority of Singapore (MAS) on Monday said that it has launched COSMIC, (Collaborative Sharing of Money Laundering /TF Information & Cases), Read More

Economy Energy Featured News Regional

ADNOC Gas Plans to Invest $13 Billion Between 2024 and 2029

Global Business Magazine April 2, 2024

As part its five-year plan between 2024 and 2029, Abu Dhabi National Oil Company (ADNOC) Gas plans to invest over $13 billion in domestic and Read More

Business Featured Mergers and Acquisitions News Regional

Invictus Investment Completes Acquisition of Majority Stake in Morocco’s Graderco

Global Business Magazine April 2, 2024

Expanding its global footprint Abu Dhabi-based Invictus Investment Company, a leading agro-food enterprise in the Middle East, Africa and Asia, on Monday Read More

Business Featured News Regional Retail

ADIA and Mubadala Join Group of Investors to Acquire 60% Stake in Dalian Wanda Group

Global Business Magazine April 2, 2024

The UAE’s Mubadala Investment Company and Platinum Peony B 2023 RSC Limited, a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), Read More

Banking Featured News Regional

HSBC Launches $1 Billion ASEAN Fund

Global Business Magazine April 1, 2024

The Hong Kong and Shanghai Banking Corporation (HSBC) has announced a $1 billion ASEAN Growth Fund in six of the fastest growth countries Read More

Economy Featured News Regional

ADFD Spent Over $58 Billion in 106 Countries for Development and Investments

Global Business Magazine April 1, 2024

The Abu Dhabi Fund for Development has provided more than $58 billion in development financing and investments, benefiting 106 countries across different continents in 2033, Read More

Finance Featured News Regional

Agility Global Plans IPO on Abu Dhabi Securities Exchange in May

Global Business Magazine April 1, 2024

Kuwait-based Agility Public Warehousing Company’s subsidiary Agility Global, which is pursuing a listing on Abu Dhabi Securities Exchange (ADX), has approved Read More

Business Energy News World

SINOPEC and TotalEnergies to Develop SAF Unit in China

Global Business Magazine April 1, 2024

TotalEnergies and China Petroleum and Chemical Corporation (SINOPEC) have signed a Heads of Agreement (HoA) to jointly develop a Sustainable Aviation Fuel (Read More

Business Featured News Regional

QatarEnergy to Add 19 LNG Vessels to Its Fleet

Global Business Magazine April 1, 2024

QatarEnergy, Qatar’s state-owned petroleum company, on Sunday said that it has signed long-term time charter party (TCP) agreements with four international Read More