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Net Income of UAE Banks Grew 8.4% in Q1 of 2025

Global Business Magazine June 12, 2025

Driven by a significant 59.3% q-o-q reduction in impairment charges and an 18% q-o-q rise in net fee and commission income, the overall operational Read More

Business Airlines Companies World

Qantas to Close Its Low-cost Subsidiary Jetstar Asia

Global Business Magazine June 11, 2025

Australia’s Qantas Group on Wednesday announced the closure of its Singapore-based low-cost subsidiary intra-Asia airline Jetstar Asia for a strategic restructure Read More

Business Companies Investments World

Blackstone Plans to Invest $500 Billion in Europe

Global Business Magazine June 11, 2025

Blackstone Inc, the world’s largest alternative asset manager with more than $1 trillion in ASSETS Under Management (AUM), is planning to invest Read More

Business Artificial Intelligence Companies GCC World

Khazna and Nvidia to Build AI Factories in MEA Region

Global Business Magazine June 11, 2025

Aligning with growing demand for AI infrastructure, the UAE’s Khazna Data Centers (Khazna), a global leader in hyperscale digital infrastructure, on Read More

Business borouge Companies GCC

Borouge and ADNOC L&S Announce $531 Million Partnership

Global Business Magazine June 11, 2025

Borouge and ADNOC Logistics & Services (ADNOC L&S) on Wednesday announced that they have entered a 15-year strategic partnership that will support Read More

Business Companies GCC Oil & Gas

ADNOC Gas Award Contracts Worth $5 Billion for RGD Project

Global Business Magazine June 11, 2025

ADNOC Gas, a world-class integrated gas processing and sales company, on Wednesday announced that it has taken a final investment decision (FID) Read More

Companies Business Technology World

SG-FORGE to Launch New Stablecoin USD CoinVertible

Global Business Magazine June 11, 2025

Societe Generale-FORGE (SG-FORGE), the integrated subsidiary of Societe Generale Group dedicated to crypto assets, is to launch a USD-pegged stablecoin, the USD Read More

Business Airlines Companies World

Air New Zealand to Fly into Western Sydney Airport From 2026

Global Business Magazine June 11, 2025

The New South Wales Government’s Western Sydney International Take-Off Fund on Wednesday said that it has secured a critical route with Read More

Business Companies Earnings GCC

Invictus to Boost Revenue to $6.8 Billion by 2028

Global Business Magazine June 11, 2025

Abu Dhabi headquartered Invictus Investment Company, is pursuing an ambitious growth strategy to increase the company’s revenue fivefold to $6.8 billion by 2028, Read More

Business Insurance Mergers and Acquisitions World

Brown & Brown Acquires RSC Topco for $9.8 Billion

Global Business Magazine June 11, 2025

Brown & Brown, has entered into an agreement to acquire RSC Topco, the holding company for Accession Risk Management Group, for a gross Read More

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