Kingdom of Saudi Arabia - Global Business Magazine

Dubai Leads GCC Real Estate transactions in H1-2023

Global Business Magazine August 1, 2023

Real estate sale transactions in the GCC region in the first six months of 2023 reached $90.7 billion, up 9.9% y-o-y from $82.5 billion when compared Read More

Technology Featured News Regional

Turkiye leading MENAT in Adoption of EVs, Says Report

Global Business Magazine July 31, 2023

Turkiye has been leading the Middle East and North Africa and Turkiye (MENAT) region in the usage of Electric Vehicles (EVs) as 40% Read More

Banking Economy Featured News Regional

Saudi Arabia’s PIF to Invest $5 Billion in Oman

Global Business Magazine July 31, 2023

The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has signed a Memorandum of Understanding (MoU) with the Oman Investment Read More

Business Featured News Regional

Saudi Arabia’s Manara Minerals to Invest $3.4 Billion in Vale Base Metals

Global Business Magazine July 31, 2023

Vale, Brazil’s mining company, and Manara Minerals, a joint venture between Ma’aden and Saudi Arabia’s Public Investment Fund, signed Read More

Business Featured News Regional

Saudi Water Partnership Company Selects Developer for Rayis-Rabigh IWTP

Global Business Magazine July 26, 2023

Saudi Water Partnership Company (SWPC) said that a consortium of companies led by Alkhorayef Water and Power Technologies has been selected as Read More

Economy Business News Regional

Saudi Arabia Plans to 38 More Logistics Zones by 2030

Global Business Magazine July 18, 2023

Saudi Arabia’s logistics sector is all set to reach new heights as the Kingdom has announced establishing 59 logistics zones in the Read More

Business Featured News Regional

UAE and South Korea Pledge to Push Up Bilateral Investment Plans

Global Business Magazine July 11, 2023

The UAE and South Korea have vowed to make joint efforts to push for their agreed-upon joint projects and investment plans in Read More

Business Featured News Regional

Investments in MENA Start-Ups Decline by 21% in H1-2023

Global Business Magazine July 10, 2023

Start-ups in THE Middle East and North Africa (MENA) region raised $35.6 million in June 2023 across 45 deals, pushing the half year funding total Read More

Business Featured Mergers and Acquisitions News Real Estate Regional

Aldar Properties, IHC and ADNEC to Merge Property and Facilities Management Units

Global Business Magazine July 6, 2023

In one of the biggest mergers in the region’s real estate sector, the Abu Dhabi-based Aldar Properties, International Holding Company (IHC), Read More

Energy Business Featured News Regional

Aramco Awards $900 million Marjan Project to Saipem

Global Business Magazine July 6, 2023

Saipem, a leading company in the engineering, drilling and construction of major projects in the energy and infrastructure sectors, has been awarded Read More

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