Economy - Global Business Magazine

GlobalFoundries Announce Pricing of $950 Million Secondary Offering of Ordinary

Global Business Magazine May 27, 2024

GlobalFoundries Inc., one of the world’s leading semiconductor manufacturers, has announced the pricing of a secondary public offering of $950 million of Read More

Business Featured News Real Estate Regional

HNWIs Ready to Spend $4.4 Billion Dubai Residential Real Estate

Global Business Magazine May 27, 2024

High-net-worth-individuals (HNWIs) around the world are prepared to spend $4.4 billion on residential real estate in Dubai, according to global property consultancy, Knight Read More

Banking Featured News Regional

UAE Listed Banks Record Highest Deposit Growth in Q1-2024

Global Business Magazine May 24, 2024

The UAE-listed banks recorded the highest deposit growth in the first quarter of 2024 among the GCC banks, which grew by 5.6% y-o-y to $803.2 Read More

Technology Featured News Regional

Microsoft and G42 Announce $1 Billion Digital Investments in Kenya

Global Business Magazine May 23, 2024

The US tech giant Microsoft and G42, Abu Dhabi-based unique technology group, on Wednesday announced a comprehensive package of digital investments in Read More

Business Environment Featured Green Energy News World

Greenfield Investments Valued $1.3 Trillion Announced Globally in 2023

Global Business Magazine May 17, 2024

Foreign companies announced more than 16,400 FDI projects in 2023, according to fDi Markets, the greenfield investment monitor of the London-based Financial Times. These Read More

Finance Featured News Real Estate World

Goldman Sachs Raise Over $7 Billion for Real Estate Lending

Global Business Magazine May 16, 2024

Sensing an opportunity in real estate credit driven by major dislocations in real estate markets globally and also looking at alternative lending Read More

Business Energy Featured News Regional World

TAQA Expands Global Footprint in Q1 of 2024

Global Business Magazine May 16, 2024

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities in Europe, the Middle East and Africa (EMEA), on Read More

Business Featured News Regional World

Emirates Launches Operations with SAF at London Heathrow Airport

Global Business Magazine May 16, 2024

Emirates Airline, Dubai’s national carrier, on Wednesday took delivery of sustainable aviation fuel (SAF) from Shell Aviation at London Heathrow Airport. Read More

Business Environment Featured News World

More Investments Needed to Achieve NZEs by 2050

Global Business Magazine May 15, 2024

Removal of Carbon dioxide (CO2) is a crucial step on the path to achieving net-zero emissions (NZEs). However, this requires hefty investments, Read More