Category :Regional

Energy News Regional World

Tighter oil market confirmed by IEA demand revision

Global Business Magazine February 15, 2022

An upward revision in historical oil demand by the International Energy Agency in its monthly report points to a tighter global market Read More

Banking News Regional

Bahrain’s Oil & Gas Holding hires banks to refinance $1.6 bln loan

Global Business Magazine February 15, 2022

Bahrain's Oil & Gas Holding Company has hired Gulf International Bank (GIB) and Mashreq (MASB.DU) to refinance an existing $1.6 billion murabaha facility, Read More

Energy Featured News Regional

UAE Energy Firm Plans Water And Power Projects in Egypt

Global Business Magazine February 15, 2022

The UAE’s energy company AMEA is planning to set up one each water desalination and green hydrogen project in Egypt. AMEA Read More

Technology Featured News Regional

Global Semiconductor Industry Revenues Cross $550 Billion In 2021

Global Business Magazine February 15, 2022

The revenues of global semiconductor industry increased 25.1% in 2021 to total $583.5 billion, crossing the $500 billion threshold for the first time, according to preliminary Read More

Energy Featured News Regional

Hassyan Power Complex Adds 1,200 MW To Its Production Capacity

Global Business Magazine February 14, 2022

Dubai Electricity and Water Authority (DEWA) has disclosed that the current production capacity of Hassyan Power Complex reached 1,200 megawatts (MW), using the Read More

Business Featured News Regional

UAE’s F&B Trade Reaches $20 Billion In First Nine Months Of 2021

Global Business Magazine February 14, 2022

Food and beverage (F&B) trade in the UAE increased steadily to reach over $20 billion in the first nine months of 2021, supported Read More

Business Economy News Regional

UAE, Indonesia say trade deal could be signed next month

Global Business Magazine February 14, 2022

The United Arab Emirates and Indonesia are close to finalising a trade and investment deal after months of negotiations and could sign Read More

Business Economy News Regional

Apollo to invest $1.4 bln in Abu Dhabi developer Aldar

Global Business Magazine February 14, 2022

Apollo Global Management (APO.N) will invest $1.4 billion in Abu Dhabi developer Aldar Properties (ALDAR.AD), including a land joint venture and Read More

Energy Featured News Regional

Boost For Saudi Renewables After Aramco Transfers Shares To PIF

Global Business Magazine February 14, 2022

When Saudi Arabia’s Crown Prince Mohammed bin Salman announced transfer of Saudi Aramco’s 4% shares to state-owned Public Investment (PIF), it Read More

Business Featured News Regional

UAE Companies On Acquisition Spree In The Regional Markets

Global Business Magazine February 14, 2022

There has been a flurry of activity among the UAE companies to acquire well-known companies in Egypt in the recent past.Read More