GCC - Global Business Magazine

Saudi and the UAE Banks to Continue Their Growth in

Global Business Magazine February 26, 2024

Supported by robust credit demand in non-oil sectors and economic diversification pogrammes, the Saudi banking system is poised well for continued growth Read More

Finance Featured Health News Regional

Gulf Islamic Investments Acquires Stake in Saudi’s Abeer Medical Company

Global Business Magazine January 17, 2024

The UAE-headquartered Gulf Islamic Investments (GII) has signed agreement to acquire a significant equity stake in Abeer Medical Company (Abeer), the largest Read More

Business Featured News Regional

Asltom Bags World’s Biggest Battery-Powered Tramway Contract in Saudi Arabia

Global Business Magazine January 9, 2024

French firm Alstom, a global leader in smart and sustainable mobility, has signed a contract worth over $546.55 million with The Royal Commission Read More

Infrastructure Business Featured News Regional

Bahrain and Qatar Agree to Revive Causeway Project Linking Both

Global Business Magazine November 21, 2023

Bahrain and Qatar have decided to revive the planned Bahrain-Qatar Causeway Project and directed concerned authorities to complete the necessary plans to Read More

Business Featured News Regional

GCC’s Uncrewed Surface Vessel Market Projected to Reach $2.75 Billion

Global Business Magazine October 25, 2023

Traditional maritime sector is getting revolutionised with uncrewed (unmanned) and autonomous systems, and it is witnessing rapid adoption by the Middle East Read More

Energy Featured News Regional

B20 Biofuel to Power ADNOC Distribution Fleet of Vehicles

Global Business Magazine October 6, 2023

In a move aimed at providing sustainable transportation, ADNOC Distribution, the UAE’s largest fuel and convenience retailer, on Wednesday announced that Read More

Real Estate Business Featured News Regional

Qatar Realigns Construction Sector Activities in Post-FIFA Event

Global Business Magazine October 3, 2023

The euphoria surrounding 2022 FIFA World Cup, held November last in Qatar, and the related boom in construction sector has subsided after the Read More

Business Featured Finance News Regional

GCC Assets under Management (AuM) Industry to Reach $500 Billion

Global Business Magazine September 5, 2023

The GCC asset management market is projected to grow, reaching about $500 billion in onshore assets by 2026, a leap from $400 billion at the Read More

Finance Featured News Regional

SHUAA Capital Launches Sharia-Compliant Fund with Focus on Saudi Arabia

Global Business Magazine August 2, 2023

Dubai-based SHUAA Capital, the leading asset management and investment banking platform in the region, announced the launch of a new Sharia-compliant fund Read More