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Chinese Companies Marching Ahead of Western Firms in Production and Sale of EVs

Global Business Magazine November 10, 2023

Chinese electric vehicles (EVs) manufacturers are moving ahead of their Western counterparts in the production and sale of EVs, a recent study Read More

Finance Featured News Regional

Abu Dhabi’s IHC Posts $3.87 Billion Revenue in Q3-2023

Global Business Magazine November 9, 2023

International Holding Company (IHC), the global diversified Abu Dhabi-based conglomerate, has recorded a revenue of $3.87 billion for Q3 of 2023, representing a 9.5% increase Read More

Finance Featured News Regional

Dubai Investments Acquires Additional Stake in UK’s Monument Bank

Global Business Magazine November 9, 2023

Dubai Investments, the leading investment company listed on the Dubai Financial Market (DFM), on Wednesday announced that it has acquired additional 7.68% equity Read More

Business Energy Featured News Regional

Work on Egypt’s Planned $1.1 GW Wind Farm to Begin Early Next Year

Global Business Magazine November 9, 2023

Saudi Arabia’s ACWA Power and Hassan Allam Holding, one of the reputed companies in Egypt and the Middle East and North Read More

Business News Real Estate World

New York-based Stonepeak to invest in Singapore’s AGP

Global Business Magazine November 8, 2023

AGP Sustainable Real Assets (AGP), a Singapore-based global infrastructure and real assets developer and operator, has announced a “strategic, preferred investment” from Read More

Real Estate Featured News Regional

Saudi Arabia Leads Middle East and Africa in Construction Activity

Global Business Magazine November 8, 2023

Saudi Arabia’s Construction Activity Index (CAI) continues to show its strongest readings in the region, according to the latest Global Construction Read More

Banking Business Featured News World

Deutsche Bank Supports Taiwan’s Hai Long Wind Farm

Global Business Magazine November 8, 2023

Taiwan’s efforts to realise its zero carbon emissions by 2050 received a boost with the Deutsche Bank’s announcement that it has Read More

Finance Featured Insurance News World

Insurance Companies Have Little Over $1.03 Trillion in AuM

Global Business Magazine November 8, 2023

Members of the International Cooperative and Mutual Insurance Federation (ICMIF), which include takaful companies, have $1 trillion in assets under management (AuM) in Read More

Energy Business News World

Sembcorp to Invest $7.7 Billion in Renewable Energy by 2028

Global Business Magazine November 7, 2023

Singapore-headquartered Sembcorp Industries on Monday said that it will invest around $7.77 billion, equivalent to 75% of the investments between 2024 and 2028 total investments in Read More

Finance Featured News Regional

VARA Grants Licence to Backpack to Launch Backpack Exchange

Global Business Magazine November 2, 2023

Dubai’s Virtual Assets Regulatory Authority (VARA), which supervises and regulates all virtual asset activities across the Emirate, has issued licence to Read More

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