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Category :News

NEOM Invests in REGENT SERIES A to Expedite Electrical Seaglider Development

Global Business Magazine October 26, 2023

NEOM, the smart and sustainable regional development in northwest Saudi Arabia, on Wednesday announced, through the NEOM Investment Fund (NIF), that it Read More

Energy Featured News Regional

Saudi Power Procurement Co Awards Four IPPs Valued at $3.63 Billion

Global Business Magazine October 26, 2023

A consortium comprising Saudi Electricity Co (SEC) and ACWA Power Co announced that they have received a notice on October 24 from Saudi Read More

Business Energy Featured News Regional

Chevron to Acquire Hess Corporation for $53 Billion

Global Business Magazine October 25, 2023

Global oil and gas major Chevron Corporation based in the US, has announced on Monday that it will acquire Hess Corporation in Read More

Finance Featured News Regional

Bahrain’s Investcorp Plans IPO on Abu Dhabi Securities Exchange

Global Business Magazine October 25, 2023

Bahrain-based Investcorp Capital, a provider of capital and capital financing services in the alternative investments space, on Tuesday announced its plans to Read More

Energy Featured News Regional

Hyundai to Build $2.4 Billion Jafurah Gas Plant in Saudi Arabia

Global Business Magazine October 25, 2023

Hyundai Engineering & Construction and Hyundai Engineering sealed a $2.4 billion deal with Saudi Aramco, Saudi Arabia's state-run oil giant, to construct a gas Read More

Business Featured News Regional

GCC’s Uncrewed Surface Vessel Market Projected to Reach $2.75 Billion by 2030

Global Business Magazine October 25, 2023

Traditional maritime sector is getting revolutionised with uncrewed (unmanned) and autonomous systems, and it is witnessing rapid adoption by the Middle East Read More

Technology Featured Interview News Regional

Open-Source Technologies Driving Seamless Digital Experiences

Global Business Magazine October 18, 2023

Open-Source technologies are driving strategies that enable seamless digital experiences on the cloud, resulting in unparalleled customer engagement and operational excellence. These Read More

Energy Featured Finance News World

IFC and OCP sign Agreement for Green Loan to Build Solar Power Plants

Global Business Magazine October 13, 2023

International Finance Corporation (IFC) and OCP Group, the world's largest phosphate-based fertilizer producer in Morocco, took a new step in their collaboration Read More

Energy Featured News Regional

Global Demand for LNG to Slowdown in Coming Years, Says IEA

Global Business Magazine October 11, 2023

After a decade of unprecedented expansion, growth in global demand for natural gas is expected to slow in the coming years as Read More

Technology Economy Featured News Regional

AI and the Future of Partner Programs: Vertiv Experts Discuss Key Industry Trends at Canalys Forums 2023

Global Business Magazine October 11, 2023

Dubai, UAE [October 10, 2023] Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, took centre stage at Canalys Forums 2023 Read More