Category :News

Banking Featured Merger and Acquisitions News World

Decks Cleared for ANZ to Acquire Suncorp Bank in Australia

Global Business Magazine February 21, 2024

In a first of its kind ruling, the Australian Competition Tribunal on Tuesday overturned an Australian Competition Consumer Commission (ACCC) ruling in Read More

Finance Aviation Featured News Regional

Flynas to Offer 37.1% shares Through its IPO on Tadawul

Global Business Magazine February 21, 2024

Saudi Arabia’s low cost carrier Flynas is planning to offer 37.1% of its shares through an Initial Public Offering (IPO) on the Read More

Economy Featured News Regional

Air Arabia Posts Net Profit of $410 Million in 2023

Global Business Magazine February 15, 2024

Riding on the growing demand for air travel, Sharjah’s Air Arabia, the first and largest low-cost carrier (LCC) operator in the Read More

Finance News Regional

Chimera S&P India Shariah ETF Listed On ADX

Global Business Magazine February 2, 2024

Chimera S&P India Shariah Exchange Traded Fund (ETF), the first ETF tracking Indian equities to be launched in the region, has Read More

Real Estate Featured News World

Hong Kong Court Rules Liquidation of China’s Evergrande Group

Global Business Magazine January 30, 2024

In a big blow to the China’s real estate sector, a Hong Kong court on Monday ordered the troubled China Evergrande Read More

Business Energy Featured News Oil & Gas Regional

Alujain Sells Minority Stake in Its Subsidiary NATPET for $500 Million

Global Business Magazine January 24, 2024

Saudi Arabia’s Alujain Corp. has announced signing of an agreement to sell a minority stake of its subsidiary National Petrochemical Industrial Read More

Economy Featured News World

Global CAPEX in Oil and Gas Sector to Cross $600 Billion in Year

Global Business Magazine January 24, 2024

The global capital expenditures (CAPEX) in the oil and gas sector is expected to reach $606.6 billion in 2024, indicating a growth of 0.5% y-o-y, Read More

Finance Crypto Featured News World

Bitcoin Mining Consume 154.9 billion kWh Globally in 2023

Global Business Magazine January 23, 2024

It may sound incredible but the total power consumed in mining Bitcoin around the globe was put at 154.9 billion kilowatt-hours (kWh) in 2023, Read More

Technology Business Energy Environment Featured News World

UK’s Trojan Energy Secures Over $32 Million in Latest Funding Round

Global Business Magazine January 23, 2024

As part of its growth plans to roll out thousands of electric vehicles charging points, Trojan Energy, the Aberdeen-based electric vehicle (EV) Read More

Business Featured News Regional

Saudi Arabia Selects Preferred Bidder for Exploration of Jabal Sahabiyah Region

Global Business Magazine January 23, 2024

A joint venture of Royal Road Minerals Limited and MSB Holdings Limited have been awarded the preferred bidder status in a competitive Read More