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IMF Says Global Economic Recovery Endures but Its Not an Easy Ride

Global Business Magazine April 12, 2023

The International Monetary Fund (IMF) on Tuesday said that the global economy’s gradual recovery from both the pandemic and Russia’s Read More

Business Featured News Regional

BlackRock to acquire stake in Kenya’s 310 MW wind farm

Global Business Magazine March 27, 2023

One of the funds overseen by US-based multinational investment company BlackRock is acquiring a stake in a 310 MW wind farm in Kenya, Read More

Business Featured News Regional

Vertiv’s new facility in UAE

Global Business Magazine January 30, 2023

The US-based Vertiv, a global provider of critical digital infrastructure and continuity solutions, on Monday inaugurated an expansion of its factory in Read More

Economy Featured News Regional

Merchandise trade value of Arab countries increase to $1.85 trillion in 2021

Global Business Magazine January 5, 2023

The Arab Monetary Fund (AMF) has said that the total merchandise trade volume of the Arab countries has increased to $1.848 trillion in 2021, Read More

Business Featured News Regional

Saudi Arabia’s PIF takes controlling stake in US tech start-up Magic Leap

Global Business Magazine January 3, 2023

Saudi Arabia has taken a controlling stake in Magic Leap Inc., the once-highflying start-up in the increasingly hot field of making augmented-reality Read More

Business Featured News Regional

Investcorp’s AuM touches $50 billion after its acquisition of Marble Point Credit

Global Business Magazine December 6, 2022

Investcorp, the Bahrain-based leading global alternative investment firm, has achieved a significant milestone as its assets under management has touched $50 billion with Read More

Business Featured News Regional

MBC Group expands partnerships in Japan

Global Business Magazine December 5, 2022

The Saudi-based Middle East and North Africa (MENA) media and entertainment giant MBC Group has expanded its partnerships with key anime studios Read More

Economy Featured News Regional

Fears of economic slowdown impacts GCC project market in Q3 of 2022

Global Business Magazine October 18, 2022

GCC project awards contracted during the third quarter of the year as global economic challenges mounted.Read More

Business Featured News Regional

Emirates and United Airlines announce commercial agreement to enhance each other’s network

Global Business Magazine September 16, 2022

Emirates Airlines and United Airlines announced a commercial agreement on Thursday that will enhance each airline’s network and give their customers Read More

Economy Featured News Regional

Saudi Arabia’s economy poised to grow at 7.6% in 2022, says IMF

Global Business Magazine September 1, 2022

The International Monetary Fund (IMF) said in its annual report that Saudi Arabia’s economy would register a growth rate of 7.6% during Read More

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