Category :Regional

Technology Energy Featured News Regional

ADNOC, G42 and Presight Join Hands to Accelerate AI Solutions for Energy Sector

Global Business Magazine May 6, 2024

Two UAE-based technology firms – Presight Holding and G42 – along with Abu Dhabi National Oil Company (ADNOC), have formed a new shareholding structure Read More

Business Automobiles Featured News Regional

Dubai South and AGMC to Open $136 Million Showroom and Service Centre for Luxury Cars

Global Business Magazine May 3, 2024

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, on Friday announced the signing of an agreement Read More

Finance Featured News Regional World

Crypto Users to Grow to 700,000 by end of 2024

Global Business Magazine May 3, 2024

Crypto adoption rate has been growing in the Middle East, as was evident with the daily crypto trading in the region witnessed Read More

Business Featured News Regional

Investcorp and CIC Launch ‘Investcorp Golden Horizon’ to Invest In GCC and China

Global Business Magazine May 3, 2024

Investcorp, a leading global alternative investment firm headquartered in Bahrain, and China Investment Corporation (CIC), one of the world’s largest sovereign Read More

Banking Featured News Regional

Egyptian Central Bank Approves Launch of Country’s First Digital Bank

Global Business Magazine May 3, 2024

The Central Bank of Egypt (CBE) on Thursday granted preliminary approval to Misr Digital Innovation (MDI) to launch the country’s first Read More

Business Featured News Regional

PIF and BlackRock to Accelerate Growth of Saudi Capital Markets

Global Business Magazine May 2, 2024

In a bid to woo foreign investors to Saudi Arabia, BlackRock Saudi Arabia and the Public Investment Fund (PIF) have signed a Read More

Business Featured News Regional

UAE’s EDGE Buys Majority Stake in Brazils’ CONDOR

Global Business Magazine May 2, 2024

EDGE, one of the world's leading advanced technology and defence groups based in the UAE, on Wednesday announced that it has acquired Read More

Banking Featured News Regional

Emirates NBD’s Profits Surge 67% in Q1 of 2024

Global Business Magazine April 26, 2024

The profits of Dubai-headquartered lender Emirates NBD surged 67% to a record $1.82 billion in the first quarter of 2024 compared with the previous quarter Read More

Finance Featured News Regional

Drake & Scull International Begins Subscription Process of Its Shares

Global Business Magazine April 26, 2024

As part of its restructuring process, Drake & Scull International, a global engineering listed on Dubai Financial Market (DFM), on Thursday commenced the Read More

Banking Featured News Regional

Dubai Islamic Banks Report Net profit of $500 million

Global Business Magazine April 25, 2024

Higher total income coupled with lower impairment charges helped Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, to post Read More