INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Arab nations to hold economic development summit every four years

Member states affirmed in the summit's final declaration the centrality of the Palestinian cause.
  • Dubbed the 'Arab Development Summit', it may be hosted by the Cairo-based Arab League
  • An extraordinary session, attended by leaders and heads of state, may be held "when necessary, a statement read
Algiers, Algeria — Arab leaders meeting at a summit in Algiers have agreed to hold an economic and social development summit every four years in conjunction with the regular Arab Summit, reported Kuwait News Agency (KUNA).
An extraordinary session, attended by leaders and heads of state, may be held “when necessary or if there are developments that require it,” read an
Arab League statement after the Algiers-hosted Arab Summit.
Dubbed the ‘Arab Development Summit’, it may be hosted by the Cairo-based Arab League or by the nation host of the Arab Summit of leaders.
Arab leaders met in the Algerian capital on November 1 for their first summit since a string of normalisation deals with Israel that have divided the region.
Since the last Arab League summit in 2019, several members of the 22-member bloc — for decades a forum for strident declarations of support for the Palestinian cause — have normalised ties with the Jewish state.
The United Arab Emirates went first in a historic US-mediated deal that made the country the third Arab state, after Egypt and Jordan, to establish full ties with Israel.