Category :Regional

Energy Business Featured News Regional

Italy’s Eni to Invest $7.7 Billion in Egypt’s Oil and Gas Sector

Global Business Magazine September 5, 2023

Eni, Italian energy major, has announced plans to invest $7.7 billion in several oil and gas projects in Egypt in the next four Read More

Business Featured Finance News Regional

GCC Assets under Management (AuM) Industry to Reach $500 Billion by 2026

Global Business Magazine September 5, 2023

The GCC asset management market is projected to grow, reaching about $500 billion in onshore assets by 2026, a leap from $400 billion at the Read More

Banking Featured Finance News Regional

GCC Banks’ Credit Expansion Remains Strong in Q2 of 2023

Global Business Magazine September 5, 2023

Credit expansion in the Gulf Co-operation Council (GCC) banks remained strong during the second quarter of 2023 despite interest rates reaching decades-high levels Read More

Business Featured Mergers and Acquisitions News Regional

Al Ansari Exchange partners with Fazaa to Drive Social Impact and Elevate Customer Experience

Global Business Magazine August 31, 2023

Al Ansari Financial Services on Wednesday announced that its subsidiary Al Ansari Exchange, the largest outward personal remittance and foreign exchange company Read More

Finance Featured News Regional

Saudi PIF-backed ADES Holding to Offer 30% Stake on Saudi Exchange

Global Business Magazine August 29, 2023

In what is touted as one of the biggest Initial Public Offering (IPO) on Saudi exchange’s main market Tadawul, ADES Holding Read More

Energy Business Featured News Regional

Longi Ships Over 1GW of Solar Modules to Middle East

Global Business Magazine August 29, 2023

LONGi, China’s first solar enterprise and a global leader in solar technology, has shipped over 1GW of solar modules to the Read More

Technology Business Featured News Regional

Newgen Software Launches Office in Saudi Arabia

Global Business Magazine August 29, 2023

Newgen Software, a global provider of low-code digital transformation platforms based in Hyderabad, India, has announced that it has established a new Read More

Energy Featured News Regional

Fossil-fuel Subsidies Surge to Record $7 Trillion in 2022, says IMF

Global Business Magazine August 28, 2023

Fossil-fuel subsidies surged to a record $7 trillion last year as governments supported consumers and businesses during the global spike in energy prices Read More

Finance Featured News Regional

Dubai’s BitOasis Secures Investment from CoinDCX

Global Business Magazine August 28, 2023

Dubai-based BitOasis, the leading crypto asset trading platform in the Middle East and North Africa (MENA) region, on Friday said that it Read More

Business Featured News Regional Telecommunications

Saudi Telecom Provider TAWAL Begins Operations in Europe

Global Business Magazine August 28, 2023

stc Group, an engine of digital transformation, providing innovative products and services in Saudi Arabia and the MENA region, has announced that Read More