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ADNOC Distribution to Acquire 50% Stake in TotalEnergies Egypt

Global Business Magazine July 29, 2022

ADNOC Distribution, the UAE’s largest fuel and retail distributor, on Thursday announced it has entered into an agreement with TotalEnergies Marketing Read More

Finance Featured News Regional

UAE largest Insurance market in the Arab World, says Swiss

Global Business Magazine July 22, 2022

The UAE is ranked first in the Arab region as the largest insurance market in terms of total insurance premiums, which was Read More

Finance Featured News Regional

World Bank okays $500 million loan to Egypt to fight

Global Business Magazine July 20, 2022

The World Bank has approved a $500 million loan to bolster Egypt’s efforts to ensure that poor and vulnerable households have uninterrupted Read More

Business Featured News Regional

Egypt to launch low cost airline ‘Air Sphinx’ in 2022-23

Global Business Magazine July 20, 2022

Egypt has announced the launching of its first-ever low cost airline carrier “Air Sphinx,” which is scheduled to begin operations in the Read More

Economy Featured News Regional

Dubai’s non-oil economy maintains robust growth in June

Global Business Magazine July 20, 2022

The Dubai non-oil economy maintained a robust speed of expansion in June, according to PMI survey data from S&P Global, as Read More

Business Featured News Regional

AD Ports to support Hayat Biotech’s global logistics and distribution

Global Business Magazine July 19, 2022

Abu Dhabi Ports Group and Hayat Biotech signed a Memorandum of Understanding (MoU) to support Hayat Biotech’s global logistics and distribution Read More

Economy Featured News Regional

UAE economy achieves remarkable growth in H1 of 2022

Global Business Magazine July 18, 2022

The UAE economy has achieved remarkable growth in many economic sectors during the first half of 2022, most notably in the tourism and Read More

Technology News Regional

Egypt, Saudi Arabia and UAE figure among top 15 countries

Global Business Magazine July 18, 2022

Egypt, Saudi Arabia and the UAE figure among the list of top 15 countries in the A T Kearney’s Global Retail Development Read More

Business Featured News Regional

US-Saudi Arabia sign 18 agreements during President Biden’s visit to

Global Business Magazine July 18, 2022

The Ministry of Investment of Saudi Arabia (MISA) facilitated the signing of 13 investment agreements with a range of leading US companies on Read More