Vision 2030 - Global Business Magazine

Rasan to become first Fintech Firm to Offer 22.7 Million

Global Business Magazine May 7, 2024

Rasan Information Technology Company, together with its subsidiaries, the leading fintech and insurtech services provider in Saudi Arabia, has announced its intention Read More

Economy Featured News Regional

GCC Sovereign Wealth Funds Lead in Global Investments in 2023

Global Business Magazine April 24, 2024

The Assets Under Management (AUM) of the sovereign wealth funds (SWFs) of the six-member Gulf Cooperation Council (GCC) region reached a historical Read More

Economy Energy Featured News Regional

Barring UAE and Saudi Arabia, Growth Hits Other Countries in

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

Finance Featured News Regional

Bahrain’s Arcapita Closes KSA Logistics Fund III for $500 Million

Global Business Magazine March 8, 2024

Arcapita Capital Company (Arcapita), the shariah-compliant investment firm and a subsidiary of Arcapita Group Holdings Limited (Arcapita Group), has closed the KSA Read More

Business Aviation Featured News Regional

THC Strikes Deal with Airbus for 120 Helicopters

Global Business Magazine March 5, 2024

Anaheim (The Helicopter Company - THC), Saudi Arabia's premier provider of commercial helicopter services and fully owned by the Public Investment Fund (Read More

Economy Featured News Regional

Saudi Government Issues 450 Licences to Global Firms So Far

Global Business Magazine March 4, 2024

Saudi Arabia has granted licenses to 450 international companies to open regional headquarters in the Kingdom, an increase from 44 licenses in the first Read More

Technology Featured Finance News Regional

Saudi Central Bank Issues Permit to “Jeel Pay” to Offer

Global Business Magazine December 12, 2023

Boosting the ‘Buy Now Pay Later’ (BNPL) market in Saudi Arabia, the Saudi Central Bank (SAMA) on Monday issued licence to “Jeel Read More

Finance Featured Regional

Saudi Arabia Lure MNCs with Tax Sops for Opening Their

Global Business Magazine December 6, 2023

The Ministry of Investment of Saudi Arabia (MISA), in coordination with the Ministry of Finance and the Zakat, Tax and Customs Authority (Read More

Banking Economy Featured News Regional

Saudi Arabia’s PIF to Invest $5 Billion in Oman

Global Business Magazine July 31, 2023

The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has signed a Memorandum of Understanding (MoU) with the Oman Investment Read More