Category :Regional

Finance Featured News Regional

MENA Start-Ups Contribute Second Highest Regional Deal Value in 2023

Global Business Magazine March 13, 2024

Start-ups in the Middle East & North Africa (MENA) region contributed to the second-highest regional deal value on record in 2023, according to a Read More

Economy Energy Featured News Regional

Barring UAE and Saudi Arabia, Growth Hits Other Countries in GCC Region in 2024

Global Business Magazine March 12, 2024

Facing a slowdown in 2024 owing to oil production cuts, the GCC growth forecast has been revised down to 2.7% from 3.9% three months ago, Read More

Economy Featured News Regional

India Sign Agreement with Four Members of European Free Trade Association

Global Business Magazine March 12, 2024

Four member states of the European Free Trade Association (EFTA) – Iceland, Norway, Liechtenstein, and Switzerland – have signed a Trade and Economic Partnership Read More

Finance Featured News Regional

DMCC Adds 2,692 New Companies in 2023

Global Business Magazine March 12, 2024

Dubai Multi Commodities Centre (DMCC) has added 2,692 companies in 2023 taking the total number of firms under the Centre top more than 24,000.Read More

Business Featured Mergers and Acquisitions News Regional Telecommunications

CPP Investments Acquires 17.5% Stake in NetCo for $2.9 Billion

Global Business Magazine March 12, 2024

The Toronto headquartered Canada Pension Plan Investment Board (CPP Investments) entered into an agreement to join the Optics BidCo investor group, which Read More

Technology Business Mergers and Acquisitions News Regional

Abu Dhabi’s G42 Sign MoU with Kenya’s EcoCloud to Open Mega Data Centre

Global Business Magazine March 11, 2024

The Abu Dhabi-based technology holding group and Kenya’s EcoCloud, a leading provider of sustainable data centre solutions, signed a memorandum of Read More

Business Featured News Regional

Saudi EV Maker Ceer Awards $1.3 Billion Contract for Construction of Manufacturing Complex

Global Business Magazine March 11, 2024

Ceer, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM), has awarded a $1.3 billion contract for the construction Read More

Business Featured News Regional

ADNH Acquires Entire 50% Stake in Compass Group’s JV Entities in UAE

Global Business Magazine March 11, 2024

Abu Dhabi National Hotels Company (ADNH) on Friday said that it has reached an agreement with Argentina-based Compass Group International (Compass) to Read More

Finance Featured News Regional

Binghatti Holding Lists $300 Million Sukuk Issuance on Nasdaq Dubai

Global Business Magazine March 11, 2024

Nasdaq Dubai welcomed the inaugural Sukuk listing by Binghatti Holding, a leading Dubai-based property developer on the region’s esteemed international financial Read More

Technology Featured News Regional

Datavolt to Invest $5 Billion to Develop Data Centres in Saudi Arabia

Global Business Magazine March 11, 2024

Datavolt, a Riyadh-based company specialised in developing and operating data centres, will invest $5 billion in Saudi Arabia to develop data centres in Read More