INSEAD Day 4 - 728x90

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

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.

ECB set to cut interest rates before the Fed’s big decision next week

The European Central Bank on Thursday is set to slash rates again by 25 basis points just days ahead of...

Economy

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

Business
Geostrategy

GCC poised to help MENA in global trade integration

With MENA accounting for just 7.4% of global trade in 2022, GCC's strategic initiatives and resources can pave the way...
  • With MENA accounting for just 7.4% of global trade in 2022, GCC's strategic initiatives and resources can pave the way for regional trade integration and global prominence
  • Despite challenges like restrictive nontariff measures, red tape, and corruption, GCC-led comprehensive reforms and a global engagement strategy can make MENA a trade hub
Geostrategy

‘Multilateralism only option to tackle global crises’

Stressing that “we are in a race against time” on issues from climate change and biodiversity loss to education and...
  • Outgoing UN General Assembly President Csaba Kőrösi emphasizes the importance of international cooperation
  • Kőrösi also calls for urgent action on climate change, education, gender equality, and sustainable development
Videos

A glimpse into GCC’s financial evolution

As the winds of change blow, three major forces—regulation, consolidation, and digitization—are shaping the trajectory. These elements intertwine, creating a...
  • Driven by regulation, consolidation, and digitization, the region's financial services sector is undergoing a pivotal transformation
  • Dive into the TRENDS Explainer video to understand and navigate the evolving landscape of the banking sector across the region
Geostrategy

UAE evacuates 34 Emiratis from Florida ahead of approaching Hurricane Idalia

ABU DHABI -- The United Arab Emirates Embassy in Washington, in coordination with representatives of the UAE's officials mission in...
  • Evacuation is being coordinated by the UAE Embassy in Washington with UAE's official mission in the US
  • The UAE Embassy advises Emiratis to heed local authority instructions and avoid hurricane-affected areas
Geostrategy

Iran’s non-oil export to ECO countries from Mar 21 to July 22 2023 reaches $3.6bn

TEHRAN, IRAN  – Iran’s export of non-oil products to the Economic Cooperation Organization (ECO) member states in the first four...
  • In the four-month period, Iran exported 8.161 million tons of non-oil commodities to ECO member states.
  • In the same period, Iran imported 1.394 million tons of goods, valued at $2.445 billion, from the ECO states.
Economy

Exclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economy

In the GCC, online market growth surpasses offline, driven significantly by Saudi Arabia, amid intense competition where local brands increasingly...
  • In the MENA region, customers are enticed by augmented reality games with tangible rewards, as the digital economy rises and brands innovate to meet growing expectations
  • In an intensifying market, customers' multi-channel interactions offer brands crucial CX strategy insights, reflecting the escalating expectations they have from merchants
Investigation

Exclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economy

In the GCC, online market growth surpasses offline, driven significantly by Saudi Arabia, amid intense competition where local brands increasingly...
  • In the MENA region, customers are enticed by augmented reality games with tangible rewards, as the digital economy rises and brands innovate to meet growing expectations
  • In an intensifying market, customers' multi-channel interactions offer brands crucial CX strategy insights, reflecting the escalating expectations they have from merchants
Business

Rising data breach hits Middle East’s financial sector

In 2023, data breach costs in the Middle East soared to $8 million, marking a 155.9% rise over a decade,...
  • In 2023, data breach costs in the Middle East soared to $8 million, marking a 155.9% rise over a decade, with the financial sector bearing the brunt, a report points out
  • AI and automation notably shorten data breach lifecycles and costs, while phishing emerges as the predominant cause of breaches in the region, the IBM study adds
Geostrategy

UAE and Saudi Arabia among six new BRICS members

Argentina, Egypt, Iran, and Ethiopia are the four other member countries joining BRICS, underscoring its commitment to a more inclusive...
  • Argentina, Egypt, Iran, and Ethiopia are the four other member countries joining BRICS, underscoring its commitment to a more inclusive global stance, effective from January 2024
  • The expansion -- aimed at enhancing collaboration in trade, technology, and sustainable development -- emphasizes cohesive efforts among emerging economies
Geostrategy

Saudi Arabia rejects HRW allegations of killing migrants at Yemeni border

Saudi Arabia has strongly rejected allegations made by Human Rights Watch that its border guards fired on Ethiopian migrants crossing...
  • The Kingdom refutes a Human Rights Watch report alleging that its border guards fired on Ethiopians
  • The report alleged an escalation of abuses along the route from the Horn of Africa to Saudi Arabia

ECB set to cut interest rates before the Fed’s big decision next week

The European Central Bank on Thursday is set to slash rates again by 25 basis points just days ahead of...
Economy

Company News

Latest News

‘Innovative startups key to national prosperity’

"Investing in youth, inspiring ideas, and transforming them into creative projects is a cornerstone for facing global challenges in many...
Economy

WEF24: Catalyzing investment, trade transform Africa

Addressing infrastructure and climate change is crucial for Africa's development, British Robinson, the Coordinator of the Prosper Africa Initiative, tell...
Interview

WEF24: Innovation and diversification drive UAE growth

The UAE's proactive approach is helping it in shaping a dynamic and prosperous future, says UAE's Economy Minister Abdullah bin...
Videos
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Business

UCC Holding signs contracts for seven Kazakhstan projects

Doha, Qatar -- UCC Holding, a Qatari company, has signed two energy contracts for seven projects in Kazakhstan. The first...
  • The first contract with QazaqGas includes two gas treatment plants:1 BCMA Gas Processing Plant Project and 2.5 BCMA.
  • The second contract includes the construction of a combined cycle gas turbine (CCGT) power plant with a total capacity of about 1,100 MW in the Kyzylorda region.
Economy

GCC economies eye $2.5trn from better productivity

The region pins hope on the new Productivity Potential Index that offers a forward-looking framework, incorporating environmental, health, and innovation...
  • The region pins hope on the new Productivity Potential Index that offers a forward-looking framework, incorporating environmental, health, and innovation factors.
  • The PPI enhances output by identifying and improving weak areas, addressing 21st-century challenges like climate change, biodiversity loss, and social change.
Geostrategy

Displacement, health crisis in Sudan is alarming, says WHO

GENEVA, SWITZERLAND – Acting WHO Representative in Sudan Peter Graaff has said that the humanitarian and health crisis in the...
  • Sudan is now facing the largest displacement crisis globally, with a staggering 8 million people displaced.
  • The majority of those affected, including women and children, are compelled to embark on days-long journeys to escape violence.