Oil & Gas - 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

Economy Energy Featured News Regional

ADNOC Gas Plans to Invest $13 Billion Between 2024 and 2029

Global Business Magazine April 2, 2024

As part its five-year plan between 2024 and 2029, Abu Dhabi National Oil Company (ADNOC) Gas plans to invest over $13 billion in domestic and 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 Energy Featured News Regional

Barring UAE and Saudi Arabia, Growth Hits Other Countries in GCC Region in 2024

Global Business Magazine March 12, 2024

Facing a slowdown in 2024 owing to oil production cuts, the GCC growth forecast has been revised down to 2.7% from 3.9% three months ago, Read More

Business Featured News Regional

Alpha Dhabi Acquires Majority Stake in NTS Amega Global

Global Business Magazine October 27, 2023

Alpha Dhabi Holding, one of the fastest- growing investment holding companies in the UAE, on Wednesday announced that it has acquired a 51% Read More

Business Featured News Regional

Essar Group Considering Setting up $4.5 Billion Steel Project in Saudi Arabia

Global Business Magazine September 13, 2023

The multi-national conglomerate Essar Group in Saudi Arabia is exploring the possibility of investing about $4.5 billion in setting up an integrated steel Read More

Finance Featured News Regional

TAQA Group Reports $3.68 Billion Net Income in H1-2023

Global Business Magazine August 15, 2023

State-owned TAQA, the Abu Dhabi National Energy Company, one of the largest listed integrated utilities in Europe, Middle East, and Africa (EMEA), Read More