Category :Regional

Business Featured News Regional

ADNOC Distribution to Acquire 50% Stake in TotalEnergies Egypt

Global Business Magazine July 29, 2022

ADNOC Distribution, the UAE’s largest fuel and retail distributor, on Thursday announced it has entered into an agreement with TotalEnergies Marketing Read More

Business Featured News Regional

ADNOC bags three contracts worth $2.67 billion

Global Business Magazine July 28, 2022

Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of two substantial contracts totalling $2 billion to ADNOC Drilling for the Read More

Banking Featured News Regional

Saudi National Bank reports net income of $1.2 billion in Q1-2022

Global Business Magazine July 28, 2022

The Saudi National Bank (SNB) on Thursday announced a net income after zakat and income tax of $1.2 billion by the end of Read More

Technology Featured News Regional

RIT Dubai and ONE MOTO to launch the UAEs first Smart Mobility and Innovation Centre

Global Business Magazine July 27, 2022

Rochester Institute of Technology (RIT) Dubai has joined forces with sustainable vehicle company, ONE MOTO, to develop a range of three innovative Read More

Finance Featured News Regional

Saudi Arabia to list the $500 billion NEOM Project in 2024

Global Business Magazine July 26, 2022

The Saudi Arabia’s capital market Tadawul (TASI) will be richer by another $266 billion once the Kingdom’s $500 billion NEOM project will Read More

Business Featured News Regional

Saudi’s Tanmiah and Tyson Foods enter into strategic partnership

Global Business Magazine July 26, 2022

The US-based Tyson Foods, Inc. and Saudi Arabia’s Tanmiah Food Company announced entering into a strategic partnership agreement on Sunday. The Read More

Real Estate Featured News Regional

Majid Al Futtaim opens new mall in Dammam, Saudi Arabia

Global Business Magazine July 26, 2022

Majid Al Futtaim, the leading company in developing and managing shopping malls, integrated cities, retail institutions and entertainment facilities in the Middle Read More

Business Featured News Regional

Eshraq Investments’ plans to acquire Goldilocks nearing completion

Global Business Magazine July 26, 2022

Abu Dhabi based Eshraq Investments PJSC, which is listed on Abu Dhabi Exchange (ADX) on Monday announced that the process of acquiring Read More

Finance News Regional World

Besix-led consortium achieves financial closure of Zayed Schools PPP

Global Business Magazine July 26, 2022

A consortium led by global infrastructure major Besix with Plenary, a leading independent long-term investor, developer, and manager of public infrastructure, as Read More

Finance Featured News Regional

Capital intelligence affirms UAE’s outlook for ratings as stable

Global Business Magazine July 25, 2022

Capital Intelligence Ratings (CI Ratings) has announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Read More