Economy - Global Business Magazine

ACWA Power Receive Commercial Operation Certificate for Sudair Solar Plant

Global Business Magazine October 30, 2023

Saudi Arabia’s ACWA Power Company, one of the major energy firms in the Middle East and North Africa (MENA) region, on Read More

Business Featured News Regional

Alpha Dhabi Acquires Majority Stake in NTS Amega Global

Global Business Magazine October 27, 2023

Alpha Dhabi Holding, one of the fastest- growing investment holding companies in the UAE, on Wednesday announced that it has acquired a 51% Read More

Business Featured News World

EU Raises Concern Over Merger of Two Telecom Firms

Global Business Magazine October 27, 2023

The $20.3 billion merger of two telecom operators – Orange Spain and MasMovil in Spain – hit a roadblock with the European Union’s Anti-Trust Read More

Energy Featured News Regional

Sembcorp Gets Singapore’s EMA Nod to Import 1.2 GW Power from Vietnam

Global Business Magazine October 27, 2023

Singapore’s Energy Market Authority (EMA) has okayed conditional approval to Sembcorp Utilities Pte Ltd (SCU), a wholly owned subsidiary of Sembcorp Read More

Finance Featured News Regional

Zain FinTech and Al Ansari Partnership to Revolutionise Region’s Financial Landscape

Global Business Magazine October 27, 2023

Zain FinTech, the financial services arm of Zain, a leading regional telecom group operating in seven markets across the Middle East and Read More

Business Featured News Regional

NEOM Invests in REGENT SERIES A to Expedite Electrical Seaglider Development

Global Business Magazine October 26, 2023

NEOM, the smart and sustainable regional development in northwest Saudi Arabia, on Wednesday announced, through the NEOM Investment Fund (NIF), that it Read More

Energy Featured News Regional

Saudi Power Procurement Co Awards Four IPPs Valued at $3.63 Billion

Global Business Magazine October 26, 2023

A consortium comprising Saudi Electricity Co (SEC) and ACWA Power Co announced that they have received a notice on October 24 from Saudi Read More

Business Energy Featured News Regional

Chevron to Acquire Hess Corporation for $53 Billion

Global Business Magazine October 25, 2023

Global oil and gas major Chevron Corporation based in the US, has announced on Monday that it will acquire Hess Corporation in Read More

Finance Featured News Regional

Bahrain’s Investcorp Plans IPO on Abu Dhabi Securities Exchange

Global Business Magazine October 25, 2023

Bahrain-based Investcorp Capital, a provider of capital and capital financing services in the alternative investments space, on Tuesday announced its plans to Read More

Energy Featured News Regional

Hyundai to Build $2.4 Billion Jafurah Gas Plant in Saudi Arabia

Global Business Magazine October 25, 2023

Hyundai Engineering & Construction and Hyundai Engineering sealed a $2.4 billion deal with Saudi Aramco, Saudi Arabia's state-run oil giant, to construct a gas Read More

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