Shareholder - Global Business Magazine

ADNOC Offers 880 Million Shares in ADNOC Drilling

Global Business Magazine May 23, 2024

The state-owned Abu Dhabi National Oil Company (ADNOC) has announced plans to offer a 5.5% stake (or 880 million shares) in its drilling unit, Read More

Technology Energy Featured News Regional

ADNOC, G42 and Presight Join Hands to Accelerate AI Solutions

Global Business Magazine May 6, 2024

Two UAE-based technology firms – Presight Holding and G42 – along with Abu Dhabi National Oil Company (ADNOC), have formed a new shareholding structure Read More

Banking Featured News Regional

Egyptian Central Bank Approves Launch of Country’s First Digital Bank

Global Business Magazine May 3, 2024

The Central Bank of Egypt (CBE) on Thursday granted preliminary approval to Misr Digital Innovation (MDI) to launch the country’s first Read More

Economy Energy Featured News Regional

ADNOC Gas Plans to Invest $13 Billion Between 2024 and

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

Finance Featured News Regional

Agility Global Plans IPO on Abu Dhabi Securities Exchange in

Global Business Magazine April 1, 2024

Kuwait-based Agility Public Warehousing Company’s subsidiary Agility Global, which is pursuing a listing on Abu Dhabi Securities Exchange (ADX), has approved Read More

Finance Featured News Regional

Nasdaq and Borse Dubai Launch Secondary Offering of Nasdaq Common

Global Business Magazine March 21, 2024

Nasdaq, Inc. and Borse Dubai Limited have announced the commencement of a secondary offering by Borse Dubai of 26,956,522 shares of Nasdaq’s Read More

Technology Featured Merger and Acquisitions News World

Cisco Completes Acquisition of Splunk In a $28 Billion Deal

Global Business Magazine March 19, 2024

In a major tech acquisitions of this year, Cisco, world leader in networking, on Monday said that it has completed the acquisition Read More

Economy Featured News World

Global CAPEX in Oil and Gas Sector to Cross $600

Global Business Magazine January 24, 2024

The global capital expenditures (CAPEX) in the oil and gas sector is expected to reach $606.6 billion in 2024, indicating a growth of 0.5% y-o-y, Read More