Category :Regional

Business Artificial Intelligence Companies GCC World

Kuwait SWF Joins MGX-Backed AI Infrastructure Partnership

Global Business Magazine June 4, 2025

Kuwait Investment Authority (KIA) has joined a consortium of companies including MGX, BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, and Read More

Business Companies Deals GCC

Abu Dhabi Ship Building Supplies Missile Boats to Kuwait

Global Business Magazine June 4, 2025

Abu Dhabi Ship Building (ADSB) has announced it has received a Letter of Award from its shareholder EDGE Group for the supply Read More

Business Airlines Companies GCC IPOs shares

flynas Concludes Final Share Allocation for Its IPO

Global Business Magazine June 4, 2025

Saudi Arabia’s low-cost carrier flynas Company, one of the leading low-cost carriers in the Middle East and North Africa, has announced Read More

Banks Business Companies GCC

Al Salam Bank Closes $450 Million AT1 Capital Issuance

Global Business Magazine June 4, 2025

Reflecting strong investor confidence in the Bank’s financial strength and long-term growth strategy, Bahrain-based Al Salam Bank has announced the successful Read More

Business Companies Digital Assets GCC

EmCoin Obtains Licence from UAE’s SCA

Global Business Magazine June 3, 2025

Emirates Coin Investment LLC (EmCoin) has made history as the first company in the UAE to be licensed by the UAE’s Read More

IMF Economy GCC GDP

IMF Projects Oman’s GDP to Grow 2.4% in 2025

Global Business Magazine June 3, 2025

The International Monetary Fund (IMF) on Monday said that Oman’s economy is set to expand at a faster pace over the Read More

Business Companies GCC

ADGM Reports Robust Growth in Q1 2025

Global Business Magazine June 3, 2025

Abu Dhabi Global Market (ADGM), the international financial centre of the UAE capital, on Tuesday said that it has accomplished another quarter Read More

Business Companies GCC Insurance

UAE Insurer Daman Enters Property and Casualty Segment

Global Business Magazine June 3, 2025

Daman, PureHealth’s insurance arm, which has marked its transformation from a health-focused provider into a comprehensive, multi-line insurer with entry into Read More

Banks Business Civil Aviation Companies Loans Regional

DAE Secures $300 Million Loan From Bank of China

Global Business Magazine June 3, 2025

Dubai Aerospace Enterprise (DAE) has signed a three-year, $300 million unsecured loan facility with Bank of China (Dubai Branch), Bank of China (London Read More

Tourism GCC World

UAE Businesswomen Shaikha Al Nowais to Lead UN Tourism

Global Business Magazine June 2, 2025

The UN Tourism Council has elected the UAE businesswomen Shaikha Al Nowais as the next Secretary-General beginning in January 2026 and she will Read More