Category :News

Business Featured Mergers and Acquisitions News Regional Telecommunications

CPP Investments Acquires 17.5% Stake in NetCo for $2.9 Billion

Global Business Magazine March 12, 2024

The Toronto headquartered Canada Pension Plan Investment Board (CPP Investments) entered into an agreement to join the Optics BidCo investor group, which Read More

Finance Featured News

AustralianSuper to Invest Over $10 Billion in UK by 2030

Global Business Magazine March 11, 2024

AustralianSuper, Australia’s biggest pension fund, said that it will inject a fresh $10.28 billion investment in the UK, taking its total investment Read More

Technology Business Mergers and Acquisitions News Regional

Abu Dhabi’s G42 Sign MoU with Kenya’s EcoCloud to Open Mega Data Centre

Global Business Magazine March 11, 2024

The Abu Dhabi-based technology holding group and Kenya’s EcoCloud, a leading provider of sustainable data centre solutions, signed a memorandum of Read More

Business Featured News Regional

Saudi EV Maker Ceer Awards $1.3 Billion Contract for Construction of Manufacturing Complex

Global Business Magazine March 11, 2024

Ceer, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM), has awarded a $1.3 billion contract for the construction Read More

Business Featured News Regional

ADNH Acquires Entire 50% Stake in Compass Group’s JV Entities in UAE

Global Business Magazine March 11, 2024

Abu Dhabi National Hotels Company (ADNH) on Friday said that it has reached an agreement with Argentina-based Compass Group International (Compass) to Read More

Finance Featured News Regional

Binghatti Holding Lists $300 Million Sukuk Issuance on Nasdaq Dubai

Global Business Magazine March 11, 2024

Nasdaq Dubai welcomed the inaugural Sukuk listing by Binghatti Holding, a leading Dubai-based property developer on the region’s esteemed international financial Read More

Technology Featured News Regional

Datavolt to Invest $5 Billion to Develop Data Centres in Saudi Arabia

Global Business Magazine March 11, 2024

Datavolt, a Riyadh-based company specialised in developing and operating data centres, will invest $5 billion in Saudi Arabia to develop data centres in Read More

Finance Featured News Regional

Aramco Reports Net Income of $121.3 Billion

Global Business Magazine March 11, 2024

Underpinned by its unique operational flexibility, reliability and low-cost production base, reflect the Company’s ongoing commitment to creating value for its Read More

Economy Featured News World

EC Okays $3.27 Billion Aid to Romania to Achieve Net Zero Economy

Global Business Magazine March 8, 2024

The European Commission (EC) on Wednesday approved a $3.27 billion Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic Read More

Finance Featured News Regional

Bahrain’s Arcapita Closes KSA Logistics Fund III for $500 Million

Global Business Magazine March 8, 2024

Arcapita Capital Company (Arcapita), the shariah-compliant investment firm and a subsidiary of Arcapita Group Holdings Limited (Arcapita Group), has closed the KSA Read More