Category :Regional

Energy News Regional World

Saudi Crown Prince Mohammed Bin Salman Transfers 4% Of Aramco Shares To PIF

Global Business Magazine February 13, 2022

Saudi Crown Prince Mohammed bin Salman on Sunday announced the transfer of 4% of oil and gas giant Saudi Aramco shares to the Read More

Business News Regional

Saudi Arabia, Qatar and UAE award projects worth $89 Billion in 2021

Global Business Magazine February 13, 2022

Driven by its economic recovery and positive outlook, nearly one-fourth of the GCC project contracts that were awarded in 2021 were in the Read More

Banking Featured News Regional

UAE Central Bank Permits ADQ To Launch Digital Banking Platform

Global Business Magazine February 11, 2022

The Central Bank of UAE has granted “in-principle” approval to ADQ, an Abu Dhabi-based investment and holding company to launch a new Read More

Business Featured News Regional

Dubai Chamber Aims To Attract Several MNCs In The Next Three Years

Global Business Magazine February 11, 2022

Dubai International Chamber (DIC) has set an ambitious target of attracting 50 multi-national companies to Dubai within three years. The Emirate has already Read More

Business Featured News Regional

UAE Ranked Third Globally In Agility Emerging Markets Logistics Index

Global Business Magazine February 10, 2022

The United Arab Emirates (UAE) has been ranked first in the MENA region and third globally for its performance in both the Read More

Technology Featured News Regional

ICT Spending In META Forecast To Be $229 Billion In 2022

Global Business Magazine February 10, 2022

Overall spending on information and communications technology (ICT) across the Middle East, Turkey, and Africa (META) will top $229 billion this year, an Read More

Insurance Featured News Regional

GCC Insurance Industry Poised To Grow In Post-Pandemic Era

Global Business Magazine February 10, 2022

Overcoming the hurdles caused by COVID-19 pandemic, the GCC Insurance market is set to grow at the rate of 3.2% from $26.5 billion in 2021 Read More

Business Featured News Regional

Abu Dhabi’s SWF ‘Mubadala’ Concludes High Profile Deals in 2021

Global Business Magazine February 10, 2022

Mubadala Investment Company, the Abu Dhabi-based sovereign wealth fund managing prized assets valued at US $243 billion globally, continued to expand its global Read More

Banking Featured News Regional

First Abu Dhabi Bank Evinces Interest To Acquire EFG Hermes

Global Business Magazine February 10, 2022

The price of Egyptian Financial Services institution EFG Hermes Holding S.A.E. shares rose by 15.95% after an offer from First Abu Read More

Business Breaking News Featured Regional

AD Ports’ Share Price Jump 17% As It Commence Trading on Abu Dhabi Stock Exchange

Global Business Magazine February 8, 2022

Abu Dhabi (AD) Ports, which was listed yesterday (7 February 2022) started trading on Tuesday under the ticker symbol (ADPORTS) and its share price Read More