Category :GCC

Business Companies GCC Mergers and Acquisitions Retail

Al-Futtaim Acquires 49.95% Stake in Cenomi Retail

Global Business Magazine July 21, 2025

Cenomi Retail, Saudi Arabia’s leading retail brand partner, has announced that its founding shareholders have signed a share purchase agreement (SPA) Read More

Business Companies GCC Investments Telecommunications World

Hungary’s 4iG Group Sign MOUs with Mubadala and e&

Global Business Magazine July 18, 2025

Hungary’s 4iG Group has announced that it has signed Memoranda of Understanding (MOUs with key UAE corporate entities such as e&, Read More

Business Companies GCC Imports and exports Luxury World

UAE Leading Importer of Swiss Watches in GCC Region

Global Business Magazine July 18, 2025

The UAE has emerged as the largest importer of Swiss watches, among five GCC countries in the first six months of this Read More

Business Companies GCC Infrastructure

UAE Leads GCC Region in Awarding Contracts in H1-2025

Global Business Magazine July 18, 2025

The UAE emerged as the largest projects market in the GCC during Q2-2025, despite experiencing a 47% y-o-y decline in total contract Read More

Business Airlines Companies GCC World

Gulf Air Places Order for 12 787 Dreamliner Aircraft

Global Business Magazine July 18, 2025

US aircraft manufacturer and Bahrain’s national carrier Gulf Air have announced an agreement for the purchase of 12 787 Dreamliner jets with options Read More

Business Companies fintech GCC Joint Venture World

ADQ and Three Other Firms Set Up Fintech Venture

Global Business Magazine July 17, 2025

The UAE’s ADQ, an active sovereign investor focused on critical infrastructure and global supply chains, Ant International, a leading global provider Read More

Companies ASEAN Banking GCC Loans

DIB Joins in $1.85 Billion Sovereign Financing to Olam Agri

Global Business Magazine July 17, 2025

Dubai Islamic Bank (DIB), the world’s first Islamic bank and the largest in the UAE, has announced its participation, alongside a Read More

Business Companies Deals GCC World

Bahrain Announce $17 Billion Deals with US Private Sector

Global Business Magazine July 16, 2025

In a big push to the Bahrain and US trade relations, private companies from both countries have signed several agreements that are Read More

Business Companies Divestments GCC shares World

ADNOC Transfers Its Entire Stake in OMV to XRG

Global Business Magazine July 16, 2025

Abu Dhabi National Oil Company (ADNOC) on Wednesday announced its intention to transfer its entire 24.9% shareholding in the Austrian oil company OMV Read More

Finance Companies GCC IPOs

GCC IPOs Raise $3.5 Billion in H1-2025

Global Business Magazine July 16, 2025

Kuwait Financial Centre ‘Markaz’ said that the GCC region has witnessed 24 offerings in H1 2025 raising a total of $3.4 billion in proceeds, marking Read More