Category :Regional

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

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

Finance Featured News Regional

Dubai Investments Acquires Additional Stake in UK’s Monument Bank

Global Business Magazine November 9, 2023

Dubai Investments, the leading investment company listed on the Dubai Financial Market (DFM), on Wednesday announced that it has acquired additional 7.68% equity Read More

Business Energy Featured News Regional

Work on Egypt’s Planned $1.1 GW Wind Farm to Begin Early Next Year

Global Business Magazine November 9, 2023

Saudi Arabia’s ACWA Power and Hassan Allam Holding, one of the reputed companies in Egypt and the Middle East and North Read More

Real Estate Featured News Regional

Saudi Arabia Leads Middle East and Africa in Construction Activity

Global Business Magazine November 8, 2023

Saudi Arabia’s Construction Activity Index (CAI) continues to show its strongest readings in the region, according to the latest Global Construction Read More

Finance Featured News Regional

VARA Grants Licence to Backpack to Launch Backpack Exchange

Global Business Magazine November 2, 2023

Dubai’s Virtual Assets Regulatory Authority (VARA), which supervises and regulates all virtual asset activities across the Emirate, has issued licence to Read More

Economy Featured News Regional

Saudi Citizens on Savings Spree, Highest in Nearly a Decade

Global Business Magazine November 2, 2023

Saudi Arabian Monetary Authority (SAMA), the Kingdom’s Central Bank said that the Saudi citizens exhibited a remarkable surge in their savings Read More

Finance Featured News Regional

DFM Net Profit Soars 109% to $51 Million in First Nine Months of 2023

Global Business Magazine November 2, 2023

Dubai Financial Market’s (DFM) nine-month net profit soared by 109% to $50.69 million, compared with $243.23 million in the corresponding period in 2022. Read More

Economy Aviation Featured News Regional

GACA Announce New Economic Policy to Transform Saudi Aviation Sector

Global Business Magazine November 2, 2023

In a move to attract investment, boost competitiveness, increase transparency, Saudi Arabia’s General Civil Aviation Authority (GACA) has reached another milestone Read More

Environment Featured News Regional

FII Institute Unveils ESG Tool To Reduce $5.4 Trillion ESG Investment Gap in EMs

Global Business Magazine November 2, 2023

The Future Investment Initiative (FII) Institute, a global non-profit foundation dedicated to tackling global challenges, has unveiled its Inclusive Environmental, Social, and Read More