Category :Regional

Business Featured News Regional

Essar Group Considering Setting up $4.5 Billion Steel Project in Saudi Arabia

Global Business Magazine September 13, 2023

The multi-national conglomerate Essar Group in Saudi Arabia is exploring the possibility of investing about $4.5 billion in setting up an integrated steel Read More

Energy Featured News Regional

Jinko-Sembcorp JV Heads to the Muscat Securities Market

Global Business Magazine September 13, 2023

A Joint Venture (JV) established earlier this year by Singapore’s Sembcorp Utilities, a subsidiary of Sembcorp Industries and China’s Jinko Read More

Economy Environment Featured Infrastructure News Regional

Safe Waterway Usage Increases in Abu Dhabi in H1-2023

Global Business Magazine September 13, 2023

Abu Dhabi Maritime, part of AD Ports Group, has announced a 62% reduction in marine incidents in the first half of 2023 compared with Read More

Energy Featured News Regional

MBR Solar Park to Reduce 2.36 million Tonnes of Carbon Emissions by 2026

Global Business Magazine September 12, 2023

Dubai Electricity and Water Authority (DEWA) on Monday said that it continues to enhance sustainability and support the transition towards a sustainable Read More

Technology Business Featured News Regional

Oman Investment Authority Acquires Minority Stake in ONE

Global Business Magazine September 12, 2023

Oman Investment Authority (OIA) has acquired minority stake in the US-based company ‘Our Next Energy (ONE),’ which specialises in innovative battery technology Read More

Business Featured Logistics News Regional

ADNOC Logistics and Services Takes Delivery of 8 Jack-up Barges

Global Business Magazine September 12, 2023

Abu Dhabi National Oil Company’s L&S (ADNOC L&S), a global energy maritime logistics leader, on Monday said that it Read More

Real Estate Featured Mergers and Acquisitions News Regional

Aldar Estates Expands Portfolio Through Acquisition of FAB Properties

Global Business Magazine September 12, 2023

Aldar Estates, the region’s largest integrated property and facilities management company, on Monday announced that it has added further scale to Read More

Business Featured News Regional

Covestro AG to Restart Talks with ADNOC on $12 Billion Takeover

Global Business Magazine September 12, 2023

The Germany-based Covestro AG has decided, in view of the interest in Covestro expressed by Abu Dhabi National Oil Company (ADNOC), to Read More

Real Estate Featured News Regional

Dubai’s Commercial Real Estate Sales Jump 38% Till August in 2023

Global Business Magazine September 12, 2023

The sales in real estate sector in Dubai, especially in the commercial real estate segment, has jumped 38% during the first 8 months of Read More

Finance Featured News Regional

ADX Lists $1.5 Billion Dual-Tranche TAQA Bonds on Main Market

Global Business Magazine September 11, 2023

Abu Dhabi Securities Exchange (ADX) has announced the secondary listing of Abu Dhabi National Energy Company’s (TAQA) dual-tranche $1.5 billion bonds on Read More