Kingdom of Saudi Arabia - Global Business Magazine

Oil Prices Increase by 12.9% in Q1-2024

Global Business Magazine April 16, 2024

Oil prices increased by 12.9% in the first quarter of 2024, albeit with much volatility due to concerns that global geopolitical tensions will cause Read More

Finance Featured Islamic Finance News World

Global Islamic Assets Set to Reach $6.7 Trillion by 2027

Global Business Magazine April 10, 2024

The global Islamic finance industry has increased its assets size by 11% to $4.5 trillion in 2022 and the Islamic assets are forecast to grow Read More

Business Featured Mergers and Acquisitions News Regional

ICD and Brookfield Sells 49% Stake in DIFC to Lunate

Global Business Magazine April 9, 2024

Investment Corporation of Dubai (ICD) and Brookfield Corporation (Brookfield) on Monday announced that they have signed an agreement with Saudi Arabia’s Read More

Business Featured Mergers and Acquisitions News Regional

Agthia Completes Acquisition of BMB Group

Global Business Magazine April 4, 2024

The UAE’s Agthia Group, one of the region’s leading food and beverage companies, has announced that it has completed the Read More

Economy Environment Featured News Regional

NEOM Homes Most Sought After by Expats Living in Saudi

Global Business Magazine April 3, 2024

Saudi Arabia’s $500 billion project NEOM has been identified as the most preferred Giga project among expatriates living in Saudi Arabia, with 29% Read More

Finance Featured News Regional

Saudi Arabia Witnesses Robust Growth in PE Investments Since 2021

Global Business Magazine March 29, 2024

Private Equity (PE) investment is growing steadily in Saudi Arabia as the Kingdom has witnessed three years of consecutive growth, closing 2023 with $4 Read More

Economy Featured News Regional World

UAE Leads in MECA in Global Opportunities Index 2024

Global Business Magazine March 28, 2024

The UAE has been leading the 25 countries in the Middle East and Central Asia (MECA) in the five categories – Business Perception, Economic Read More

Business Energy Featured News Regional

Aramco Eyes Retail Fuel Markets Southeast Asia and Africa

Global Business Magazine March 22, 2024

Saudi Aramco is planning to enter the retail fuel markets of Southeast Asia and Africa as the sector enjoy high growth rate Read More

Economy Featured News Regional

Market Capitalisation of Saudi Arabia’s Tadawul Cross $3 Trillion Mark

Global Business Magazine March 21, 2024

Amidst regional tensions and uncertain global economic conditions, the total market capitalisation of Saudi Arabia’s main market Tadawul grew by 13.98% and Read More

Business Featured News Regional

Dairy Giant Almarai to Invest $4.8 Billion in Next Five

Global Business Magazine March 19, 2024

As part of its five-year strategic plan, Saudi-based Almarai, the world’s largest vertically integrated dairy company and the region’s largest Read More

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