Technology - Global Business Magazine

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Cisco Acquires Splunk for $28 Billion

Global Business Magazine September 22, 2023

Cisco, the US-headquartered cybersecurity and observability leader, has entered into a definitive agreement under which Cisco intends to acquire Splunk for $157 per 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

Technology Business Featured News Regional

Oman Investment Authority Acquires Minority Stake in ONE

Global Business Magazine September 12, 2023

Oman Investment Authority (OIA) has acquired minority stake in the US-based company ‘Our Next Energy (ONE),’ which specialises in innovative battery technology Read More

Technology Business Featured News Regional

Fintech Saudi and MasterCard Sign MoU to Spur Growth of Saudi Fintech Industry

Global Business Magazine September 8, 2023

MasterCard, The US-based global technology company in the payments industry, and Fintech Saudi signed a Memorandum of Understanding (MoU) during Seamless Saudi Read More

Technology Business Featured News World

XPENG to Expand in A-class Smart EV Segment Through Strategic Partnership with DiDi

Global Business Magazine August 29, 2023

XPENG Inc, a leading Chinese smart electric vehicle (Smart EV) company, on Monday announced its strategy to accelerate the adoption of Smart Read More

Business Featured Finance News Regional

Axiom Space Raise $350 Million backed by Aljazira Capital and Boryung

Global Business Magazine August 22, 2023

Axiom Space on Monday announced that it secured $350 million in its Series-C round of growth funding, lifting the total funds raised to Read More

Finance Featured News Regional

SHUAA Capital MD to Step Down, Likely to Sell His Stake

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

Economy Featured News Regional

Economic Cooperation a Bright Spot in UAE-Vietnam Relations

Global Business Magazine August 2, 2023

Economic cooperation has always been a crucial pillar and bright spot in the bilateral TIES between Vietnam and the UAE, Vietnamese Ambassador Read More

Technology Featured News Regional

Turkiye leading MENAT in Adoption of EVs, Says Report

Global Business Magazine July 31, 2023

Turkiye has been leading the Middle East and North Africa and Turkiye (MENAT) region in the usage of Electric Vehicles (EVs) as 40% Read More

Banking Featured Finance News Regional

Emirates NBD’s Profits Surge 130% to $3.35 billion in H1-2023

Global Business Magazine July 28, 2023

Emirates NBD, one of the leading banks in the UAE, on Thursday announced that its profits surged by 130% to a record $3.35 billion Read More

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