Economy - Global Business Magazine

ADIA and Mubadala Join Group of Investors to Acquire 60% Stake in Dalian Wanda Group

Global Business Magazine April 2, 2024

The UAE’s Mubadala Investment Company and Platinum Peony B 2023 RSC Limited, a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), Read More

Banking Featured News Regional

HSBC Launches $1 Billion ASEAN Fund

Global Business Magazine April 1, 2024

The Hong Kong and Shanghai Banking Corporation (HSBC) has announced a $1 billion ASEAN Growth Fund in six of the fastest growth countries Read More

Economy Featured News Regional

ADFD Spent Over $58 Billion in 106 Countries for Development and Investments

Global Business Magazine April 1, 2024

The Abu Dhabi Fund for Development has provided more than $58 billion in development financing and investments, benefiting 106 countries across different continents in 2033, Read More

Finance Featured News Regional

Agility Global Plans IPO on Abu Dhabi Securities Exchange in May

Global Business Magazine April 1, 2024

Kuwait-based Agility Public Warehousing Company’s subsidiary Agility Global, which is pursuing a listing on Abu Dhabi Securities Exchange (ADX), has approved Read More

Business Energy News World

SINOPEC and TotalEnergies to Develop SAF Unit in China

Global Business Magazine April 1, 2024

TotalEnergies and China Petroleum and Chemical Corporation (SINOPEC) have signed a Heads of Agreement (HoA) to jointly develop a Sustainable Aviation Fuel (Read More

Business Featured News Regional

QatarEnergy to Add 19 LNG Vessels to Its Fleet

Global Business Magazine April 1, 2024

QatarEnergy, Qatar’s state-owned petroleum company, on Sunday said that it has signed long-term time charter party (TCP) agreements with four international Read More

Business Featured News Regional

Borouge Announce Cash Dividend of $650 Million for 2023

Global Business Magazine March 29, 2024

Borouge Plc, a leading petrochemicals company engaged in providing innovative and differentiated Polyolefins solutions, on Friday said that the shareholders have approved Read More

Finance Featured News Regional

Saudi Arabia Witnesses Robust Growth in PE Investments Since 2021

Global Business Magazine March 29, 2024

Private Equity (PE) investment is growing steadily in Saudi Arabia as the Kingdom has witnessed three years of consecutive growth, closing 2023 with $4 Read More

Economy Energy Featured News Regional

Renewables Accounted 43% of Total Installed Power Capacity in 2023: IRENA

Global Business Magazine March 29, 2024

The UAE-based International Renewable Energy Agency (IRENA) has said that renewables accounted for 43% of global installed power capacity in 2023.Read More

Technology Featured News Regional

Uzum Becomes First Uzbek Tech Start-Up to Achieve Unicorn Status

Global Business Magazine March 29, 2024

In a boost to Uzbekistan’s start-up ecosystem, Uzum, a leading digital services ecosystem in Uzbekistan, has secured $114 million in funding through Read More

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