Red Sea - Global Business Magazine

Saudi Domestic and Global Tourism Picks Up in First Four Months of 2024

Global Business Magazine May 8, 2024

With a steady rise in international and domestic travel, Saudi Arabia’s tourism industry continues to show an uptick, revealing an upbeat 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

Technology Business Featured News Regional

New Digital Corridor to Link Mediterranean and Arabian Seas

Global Business Magazine January 19, 2024

Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cable operators in the region, and Zain Omantel Read More

Lifestyle Featured News Regional

Four Seasons Plans New Luxury Resort on Sindalah Island in NEOM

Global Business Magazine May 2, 2023

Four Seasons Hotels and Resorts, the world’s leading luxury hospitality company, and Hotel Development and the NEOM division that is responsible Read More

Finance Featured News Regional

GCC Markets’ slide continues amid global sell-off in June

Global Business Magazine July 8, 2022

The GCC markets’ aggregate index declined for the second consecutive month during June 2022 tracking weak global trends as inflation and recession fears Read More

Business Featured News Regional

AD Ports Group acquires 70% stake in Egyptian maritime companies

Global Business Magazine July 4, 2022

AD Ports Group on Friday announced that it has reached an agreement to acquire a 70% equity stake in International Associated Cargo Carrier Read More

Business Featured News Regional

Abu Dhabi Ports sign two MoUs to develop Egypt’s Maritime Transportation

Global Business Magazine April 1, 2022

The Abu Dhabi (AD) Ports Group has signed a Memorandum of Understanding (MoU) with the Egyptian Group for Multipurpose Terminals (EGMT), the Read More

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