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Category :News

Egypt Secures $500 Million Loan from Three Banks to Support Education and Healthcare

Global Business Magazine November 15, 2023

Egypt’s Finance Ministry has secured a $500 million syndicated loan from Deutsche Bank, Bahrain’s Arab Banking Corporation (Bank ABC) and Kuwait’Read More

Finance Featured News Regional

Dubai Taxi Company Offers 25% Stake on Dubai Financial Market

Global Business Magazine November 14, 2023

A day after H H Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE issued Law No (21) Read More

Energy Business Featured News Regional

TAQA to Invest Over 20 billion to Expand UAE’s Water and Electricity Networks till 2030

Global Business Magazine November 14, 2023

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities in Europe, the Middle East and Africa, on Monday Read More

Banking Featured Mergers and Acquisitions News Regional

Al Salam Bank Plans to Acquire Kuwait Finance House-Bahrain

Global Business Magazine November 14, 2023

Bahrain-based Al Salam Bank evincing interest in acquiring the entire shares of Kuwait Finance House, the second largest Islamic bank in the Read More

Business Featured Luxury Mergers and Acquisitions News Regional

Omorfia Group Buys The Juice Spa and Salon in UAE

Global Business Magazine November 14, 2023

In a strategic move to bolster its position in the beauty industry, Omorfia Group, the beauty anchor of Abu Dhabi-based investment holding Read More

Energy Featured News World

Africa’s Geothermal Sector to Attract $35 Billion in Investments by 2050

Global Business Magazine November 10, 2023

Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing the critical role geothermal is set to play in Read More

Economy Energy Featured News World

Southeast Asian Economies Looking at LNG to Meet Their Energy demand

Global Business Magazine November 10, 2023

Southeast Asian economies, which rely heavily on coal and fossil fuels to meet its energy demand, will be looking at natural gas Read More

Finance Featured News World

INTI Universal Holdings Issues Inaugural RM Bond of $35.28 Million

Global Business Magazine November 10, 2023

Malaysia’s INTI Universal Holdings has successfully issued its first RM Bond issuance via a Guaranteed Medium-Term Note (MTN) of $35.28 million, guaranteed Read More

Business Automobiles Featured News World

Chinese Companies Marching Ahead of Western Firms in Production and Sale of EVs

Global Business Magazine November 10, 2023

Chinese electric vehicles (EVs) manufacturers are moving ahead of their Western counterparts in the production and sale of EVs, a recent study Read More

Finance Featured News Regional

Abu Dhabi’s IHC Posts $3.87 Billion Revenue in Q3-2023

Global Business Magazine November 9, 2023

International Holding Company (IHC), the global diversified Abu Dhabi-based conglomerate, has recorded a revenue of $3.87 billion for Q3 of 2023, representing a 9.5% increase Read More