Shareholders - Global Business Magazine

Saudi PIF-backed ADES Holding to Offer 30% Stake on Saudi

Global Business Magazine August 29, 2023

In what is touted as one of the biggest Initial Public Offering (IPO) on Saudi exchange’s main market Tadawul, ADES Holding Read More

Finance Featured News Regional

SHUAA Capital MD to Step Down, Likely to Sell His

Global Business Magazine August 15, 2023

SHUAA Capital’s managing Director Jassim Alseddiqi on Monday announced his decision to step down from his role and reposition his stake 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

Finance Featured News Oil & Gas Regional

Aramcos’ Net Income Down in Q1-2023

Global Business Magazine May 10, 2023

Saudi Arabia’s energy major Aramco, the world’s second biggest company after Apple Inc, on Tuesday reported a first quarter 2023 net Read More

Finance Featured News Regional

Saudi Arabia’s Marafiq plans list its shares on Tadawul

Global Business Magazine October 3, 2022

Marafiq is an integrated utilities services provider with presence across the power and water value-chain. Together with its various subsidiaries, Marafiq is Read More

Business Featured News Regional

Islamic insurer Salama secures approval to merge with Takaful Emarat

Global Business Magazine October 3, 2022

Salama, Dubai-based Islamic Arab Insurance Company, on Monday confirmed that it has obtained initial regulatory approval for a merger with Takaful Emarat Read More

Business Featured News Regional

Actis to acquire controlling stake in UAE-based Yellow Door Energy

Global Business Magazine September 2, 2022

Actis, a leading global investor in sustainable infrastructure, has announced the signing of definitive transaction documents for the acquisition of a controlling Read More

Banking Featured News Regional

ADIB achieves 30% growth in profits in H1-2022

Global Business Magazine August 4, 2022

Abu Dhabi Islamic Bank has announced that it achieved a 30% growth on an annual basis in its net profits, which amounted to $380 Read More

Business Featured News Regional

Mubadala helps Sweden’s Klarna raise $800 million in latest funding

Global Business Magazine July 18, 2022

The UAE’s $248 billion Mubadala Investment nCompany has helped Sweden-based global payments and shopping service firm Klarna, close a new financing of $800 Read More