Category :Regional

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

Technology Business Featured News Regional

Fintech Saudi and MasterCard Sign MoU to Spur Growth of Saudi Fintech Industry

Global Business Magazine September 8, 2023

MasterCard, The US-based global technology company in the payments industry, and Fintech Saudi signed a Memorandum of Understanding (MoU) during Seamless Saudi Read More

Energy Business Mergers and Acquisitions News Regional

ADNOC Gas Ink Deal with PetroChina International for Supplying LNG

Global Business Magazine September 8, 2023

ADNOC Gas, a world-class integrated gas processing company, on Thursday announced an agreement, valued between $450 million and $550 million, to supply Liquefied Natural Read More

Economy Featured Finance News Regional

China’s Economic Slow-Down Impacts HNWIs

Global Business Magazine September 8, 2023

The slow-down in economic growth has impacted the High Net-Worth Individuals (HNWIs) in China and the value of their investable assets grew Read More

Energy Featured News Regional

Masdar and DEWA Sign Deal to Deliver Sixth Phase of MBR Solar Park PV Project

Global Business Magazine September 8, 2023

The Dubai Electricity and Water Authority (DEWA) and Masdar, Abu Dhabi Future Energy Company, signed an agreement to build and operate the $1.5 Read More

Finance Featured News Regional

AD Ports Completes Two Concessionary Agreements in Q2-2023

Global Business Magazine September 8, 2023

The revenue of ABU Dhabi (AD) Ports saw 66% Y-o-Y growth to $540 million in 2Q of 2023, mainly driver by the maritime cluster, according Read More

Finance Featured News Regional

BHM Capital is Top Broker in Dubai Bourse in Attracting New Accounts

Global Business Magazine September 7, 2023

BHM Capital, one of the leading financial institutions in the UAE capital markets, continues to hold its sway among the new investors Read More

Banking Featured Finance News Regional

ADCB prices $650 million Green Bond to Support UAE’s transition to NZE

Global Business Magazine September 7, 2023

Abu Dhabi Commercial Bank (ADCB) on Wednesday announced that it has successfully priced a $650 million green bond, second in the last 12 months, Read More