Category :News

Business Featured News Regional

Saudi and Bahrain SWFs Sign MoU to Enable New Investment Opportunities

Global Business Magazine March 7, 2024

Two Sovereign Wealth Funds (SWFs) in the GCC region - Saudi Arabia’s Public Investment Fund (PIF) and Bahrain’s Mumtalakat Holding Read More

Economy Featured News Regional

Over 105 Million Visitors Thronged Dubai Mall in 2023

Global Business Magazine March 6, 2024

Dubai’s tourism sector is thriving and a record 105 million visitors stepping into Dubai Mall in 2023, a jump of over 19% on the Read More

Finance Featured News Regional

DMCC Signs MoU with World Gold Council to Develop Gold Industry in Dubai

Global Business Magazine March 6, 2024

In a major fillip to the Dubai’s gold industry, Dubai Multi Commodities Centre (DMCC) has signed a Memorandum of Understanding (MoU) Read More

Economy Featured News Regional

GCC Top Export and Re-Export Market for Dubai Chamber of Commerce members in 2023

Global Business Magazine March 6, 2024

Dubai Chamber of Commerce (DCC), one of the three chambers operating under the umbrella of Dubai Chambers, on Tuesday said that the Read More

Finance Featured News Regional

Global Tech Firms Vow to Invest Over $11.9 Billion in Saudi Arabia

Global Business Magazine March 6, 2024

Tech companies from across the world have been making a beeline to Saudi Arabia announcing investments to the tune of over $11.9 billion Read More

Economy Featured News Regional

Parkin Hopes to Raise Around $430 Million Through Its IPO on DFM

Global Business Magazine March 6, 2024

Parkin, the Dubai parking spaces operator, on Tuesday set a price range of $0.54 to $0.57 per share for its IPO, for which subscription Read More

Business Energy Featured News World

BlackRock and Morgan Stanley to Buy Portland Natural Gas Systems Limited

Global Business Magazine March 6, 2024

TC Energy Corporation of Calgary in Canada and its partner Northern New England Investment Company, Inc., a subsidiary of Energir L.P., Read More

Finance Featured News Regional

Investcorp Leads in Funding Saudi Arabia’s Tech Start-Up Salla

Global Business Magazine March 6, 2024

Investcorp, a leading global alternative investment firm, said that it has led a $130 million pre-IPO investment round in the Makkah-based Salla, a Read More

Business Energy Featured News Regional

Substantial Progress Made in Trans-Saharan Gas Pipeline

Global Business Magazine March 5, 2024

Algeria’s Minister of Energy and Mines Mohamed Arkab has affirmed that the $13 billion Trans-Saharan Gas Pipeline (TSGP) project had made substantial Read More

Business Aviation Featured News Regional

THC Strikes Deal with Airbus for 120 Helicopters

Global Business Magazine March 5, 2024

Anaheim (The Helicopter Company - THC), Saudi Arabia's premier provider of commercial helicopter services and fully owned by the Public Investment Fund (Read More