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APAC deal volume dips 4.8% YoY

APAC deal volume dips 4.8% YoY  A total of 11,808 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region during January to October 2024, which was a year-on-year (YoY) decline of 4.8% compared to the 12,406 deals announced during the same period in 2023, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database revealed...

Saudi Investment Fund announces the largest bookbuild offering in MENA

Saudi Investment Fund announces the largest bookbuild offering in MENA PIF today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering. The offering comprised 100 million shares, representing 2% of stc’s issued share capital. The total value of the offering was SAR 3.86 billion ($1.03 billion), with a final offer price of SAR...
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Coronavirus pandemic disrupts the global solar PV supply chain

Coronavirus pandemic disrupts the global solar PV supply chain The disruption caused by the coronavirus (COVID-19) pandemic on Chinese solar photovoltaic (PV) manufacturing companies has...

Passenger Demand Plunges on COVID-19 Travel Restrictions

Passenger Demand Plunges on COVID-19 Travel Restrictions  The International Air Transport Association (IATA) announced global passenger traffic data for February 2020 showing that demand (measured...

Le lancement du satellite est prévu pour juinµ

Le lancement du satellite est prévu pour juinµ Un satellite dont les étudiants de l'Université Américaine de Ras Al Khaimah (AURAK) participent au développement, à...

IT Spending in Middle East and North Africa Will Grow 2.4% in 2020

IT Spending in Middle East and North Africa Will Grow 2.4% in 2020 IT spending in the Middle East and North Africa (MENA) will total...

The effects of Ramadan, Body, soul … or pocket?

The effects of Ramadan, Body, soul ... or pocket? by Annemarie Robson International Editor Middle East Business News & Magazine   The holy month of Ramadan started in...

Watch the most Unusual Buildings

Watch the most Unusual Buildings in amazing locations    Rock and Stone Upon reading the title of this article, you may instantly start thinking about the CCTV Headquarters,...

How to become a millionaire? Interview with Baybars AltuntaÅŸ

How to become a millionaire? What makes an entrepreneur? Interview with Baybars Altuntaş  Turkish businessman and entrepreneur by Annemarie Robson  Baybars Altuntaş is an entrepreneur, international conference speaker and author...

Moussa Castle: How one man transformed his dream castle into a successful business

Doing Business in the Middle East: Moussa Castle: a child's dream! How one man transformed his dream castle into a successful business. Driving along the verdant outskirts of Beirut en...

IMF Staff Concludes Visit to West Bank and Gaza

IMF Staff Concludes Visit to West Bank and Gaza An International Monetary Fund (IMF) mission led by Karen Ongley visited East Jerusalem and Ramallah from...

Middle East Business News caught up with Linn Tonsberg from Air BP in Dubai

Middle East Business News caught up with Linn Tonsberg from Air BP in Dubai and discussed her career to date, current role and how...

SpeedCast Partners with DH-INTERCOM to Provide Broadband Connectivity to a 50-vessel Fleet Globally

SpeedCast Partners with DH-INTERCOM to Provide Broadband Connectivity to a 50-vessel Fleet Globally SpeedCast International Limited (ASX: SDA), a leading global satellite communications and network...

Hotel franchises in the Middle East, how might Arab hotel franchises shape the future of global hospitality?

The word ‘franchise’ comes from old French, meaning ‘privilege or freedom’. In the Middle Ages a franchise was an actual privilege or a right;...