Business - Global Business Magazine

Paxos International Launches Yield-Bearing Stablecoin in Argentina

Global Business Magazine June 6, 2024

Paxos International, the UAE-based affiliate of Paxos, has announced Lift dollar (USDL) – a yield-bearing stablecoin issued under regulatory supervision – is now available Read More

Business Deals Infrastructure Regional

Parkin Expands Private Developer Portfolio, Adds 7,456 New Parking Spaces in Dubai

Global Business Magazine June 6, 2024

Parkin Company, the largest provider of paid public parking facilities and services across Dubai, on Thursday said that it has entered into Read More

Business Companies Energy Oil & Gas Regional World

BOTAS and SOCAR Ink Deal to Supply Natural Gas to Turkiye and Europe

Global Business Magazine June 5, 2024

Turkish Petroleum Pipeline Corporation (BOTAS), State Oil Company of Republic of Azerbaijan (SOCAR), and Azerbaijan Gas Supply Company (AGSC) have signed four Read More

Business Companies Investments Mergers and Acquisitions Oil & Gas Regional World

Sonoro Energy to Buy 20% Stake in UAE’s MENACo

Global Business Magazine June 5, 2024

Canadian oil and gas company Sonoro Energy Ltd has announced that it has entered into a non-binding Memorandum of Understanding (MoU) to Read More

Business Airlines Civil Aviation Leisure travel Regional Tourism World

Riyadh Air Eyes China Market, Sign MoU with China Eastern Airlines

Global Business Magazine June 5, 2024

Riyadh Air, Saudi Arabia's new digitally native airline, on Wednesday said that it took a significant step forward in its future entry Read More

Investments Artificial Intelligence Technology World

Microsoft to Invest $3.2 Billion to Develop AI in Sweden

Global Business Magazine June 5, 2024

In its biggest investment in Sweden, the US tech giant Microsoft announced it will be investing $3.2 billion to develop artificial intelligence (AI) Read More

Finance Featured News Regional

Lunate, Blue Owl Capital Acquire Minority Stake in Linden Capital

Global Business Magazine June 4, 2024

Abu Dhabi-based alternative asset manager Lunate Capital and American asset manager Blue Owl Capital on Tuesday announced that they have acquired a Read More

Economy Airlines Aviation Civil Aviation Regional World

Global Airlines’ Revenue Projected to Reach $996 Billion in 2024

Global Business Magazine June 4, 2024

The global airline industry’s revenue is projected to reach $996 billion in 2024, marking 9.7% y-o-y growth and reaching the highest nominal value in Read More

Business Funding Investments Private Equity Regional World

ADIA Anchors Pemberton’s New NAV Financing Strategy

Global Business Magazine June 4, 2024

Pemberton Asset Management (Pemberton), a leading European private credit manager, has announced that a wholly owned subsidiary of Abu Dhabi Investment Authority (Read More

Economy Featured News World

Google to Invest $2 Billion in Malaysia

Global Business Magazine May 31, 2024

Underscoring its commitment toward strengthening Malaysia’s digital competitiveness in collaboration with the Malaysian Government, the US tech giant Google on Thursday Read More

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