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Business Companies Mergers and Acquisitions Real Estate Regional World

Investcorp Acquires Three US Industrial Properties

Global Business Magazine September 18, 2024

Investcorp, the Bahrain-based global alternative investment firm Investcorp, has announced that it has acquired three industrial properties totalling around 1.5 million s ft Read More

Business Companies Regional Technology World

UAE Emerging as Global Hub for Asian Techies

Global Business Magazine September 18, 2024

The UAE is rapidly gaining recognition as a competitive and growing tech hub, according to recent survey conducted by Capital.com, a Read More

Banks Business Digital Assets Technology World

Most Countries Exploring CBDCs, says Atlantic Council

Global Business Magazine September 18, 2024

As many as 134 countries and currency unions, representing 98% of global GDP, are exploring a Central Bank Digital Currency (CBDC), according to a Read More

Technology Artificial Intelligence Companies Data Centres Regional World

MGX, Microsoft, BlackRock and GIP Launch AI Fund

Global Business Magazine September 18, 2024

MGX, an artificial intelligence (AI) and advanced technology investor based in Abu Dhabi, along with Global investors BlackRock, Global Infrastructure Partners (GIP) Read More

Technology Artificial Intelligence Companies World

G42 and Microsoft to Set Up Responsible AI Centre

Global Business Magazine September 18, 2024

The UAE-based Artificial Intelligence (AI) powerhouse G42 and global software giant Microsoft have announced establishing a new centre for Responsible AI in Read More

Economy Imports and exports Investments Regional sovereign wealth funds World

Australia Concludes Trade Agreement with UAE

Global Business Magazine September 17, 2024

In its first trade agreement with a Middle Eastern nation, Australia on Tuesday said that it will sign a Comprehensive Economic Partnership Read More

Business Companies Mergers and Acquisitions World

Taiwan’s Regulator Blocks CTBC’s $1.4 Billion Takeover Bid

Global Business Magazine September 17, 2024

Taiwan’s Financial Supervisory Commission (FSC) has rejected CTBC Financial Holding Co’s bid to acquire Shin Kong Financial Holding Co for $4.1 Read More

Business Companies Mergers and Acquisitions Oil & Gas Regional World

Saudi Aramco Boosts Stake in MidOcean Energy

Global Business Magazine September 17, 2024

MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and Read More

Business Companies Divestments Real Estate Regional sovereign wealth funds World

ADIA and ESR Sell Stake in Australia’s Logistics Sector

Global Business Magazine September 17, 2024

Japan’s Hankyu Hanshin Properties Co., Ltd., has announced that it will acquire 11 properties from an Australia’s logistics real estate leasing Read More

Business Investments Regional

Saudi Arabia’s PIF to Invest $5 Billion In Egypt

Global Business Magazine September 17, 2024

H R H Crown Prince and Prime Minister of Saudi Arabia Mohammed bin Salman on Monday directed the Kingdom’s sovereign wealth Read More

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