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Microsoft to Invest $3.2 Billion to Develop AI in Sweden

Global Business Magazine June 5, 2024

In its biggest investment in Sweden, the US tech giant Microsoft announced it will be investing $3.2 billion to develop artificial intelligence (AI) Read More

Finance Featured News Regional

Lunate, Blue Owl Capital Acquire Minority Stake in Linden Capital

Global Business Magazine June 4, 2024

Abu Dhabi-based alternative asset manager Lunate Capital and American asset manager Blue Owl Capital on Tuesday announced that they have acquired a Read More

Finance Infrastructure Regional

TAQA-led Consortium Achieves Financial Closure for Juranah ISWR Project

Global Business Magazine June 4, 2024

Financial closure for Juranah Independent Strategic Water Reservoir Project (ISWR-1) achieved.Read More

Economy Airlines Aviation Civil Aviation Regional World

Global Airlines’ Revenue Projected to Reach $996 Billion in 2024

Global Business Magazine June 4, 2024

The global airline industry’s revenue is projected to reach $996 billion in 2024, marking 9.7% y-o-y growth and reaching the highest nominal value in Read More

Business Funding Investments Private Equity Regional World

ADIA Anchors Pemberton’s New NAV Financing Strategy

Global Business Magazine June 4, 2024

Pemberton Asset Management (Pemberton), a leading European private credit manager, has announced that a wholly owned subsidiary of Abu Dhabi Investment Authority (Read More

Economy Featured News World

Google to Invest $2 Billion in Malaysia

Global Business Magazine May 31, 2024

Underscoring its commitment toward strengthening Malaysia’s digital competitiveness in collaboration with the Malaysian Government, the US tech giant Google on Thursday Read More