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.

Turkey and Greece to take steps to improve economic ties

Tensions between the two flared last year over a maritime jurisdiction in the Mediterranean  

Sharjah concludes campaign to update landowners’ data

Landowners yet to update their property data can approach Real Estate Registration Department  

Passengers are back on flights as Dubai International Airport is named busiest in May

The airport kicked out London Heathrow from the top spot

Creator economy lights up business world, but not enough to outshine brand sponsorships

68.1 percent of US adult influencers identified brand collaborations as generating the most income for their business

Abu Dhabi Book Fair to digitize Arabic prose in audiobooks

One of the  notable works covered by the series includes the Muqaddimah of Ibn Khaldun

Omani Sultan offers jobs to pacify protests

Sultan Haitham ordered the creation of 32000 job opportunities, 12000 of them in the government sector

Netherlands drinks the most coffee in the world

The Netherlands is followed closely by Nordic countries Finland, Sweden and Norway

UN extends South Sudan arms embargo for another year

The draft resolution was adopted by 13 votes in favor on the 15-member panel. India and Kenya abstained

Smokers are up to 50 percent more likely to die from Covid: WHO

The UN health agency’s 'Commit to Quit’ tobacco campaign has made resources from its Quitting Toolkit freely available to more...

Saudia Arabia to amend administrative penalties for tax law violations

The changed laws are also expected to support tax registrants and help them fulfil their tax obligations

Gulftainer extends concession pacts

The agreements with Sharjah Ports extended for another 35 years.

Company News

Latest News

DP World H1 EBITDA $2.6bn

The company's revenue grew 13.9 percent to $9.03 billion.

Struggling Lucid weighs down PIF’s robust US equities show

Dubai, UAE -- Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), reported 9.6 percent growth in its US equity holdings to...

AD Ports Group Q2 net profit $84m

The Group posted 66% year-on-year revenue growth.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Riyad Capital okays 2.5% cash dividend

The SAR 0.25 per unit dividend will be paid to Riyad REIT Fund's unitholders.
  • The distribution represents 2.19 percent of net asset value (NAV) as of June 30, 2023.
  • Riyad REIT is a closed-ended Shariah-compliant real estate investment traded fund.

Five skills workers require in real estate

Saudi Arabia’s real estate sector is evolving with new regulations, creating fresh job opportunities. The latest initiatives seek to enhance...
  • Saudi Real Estate General Authority introduces 12 new roles, including positions like real estate broker, advertiser, and property manager
  • The initiatives are aimed at boosting the real estate sector's contribution to the Kingdom's GDP, enhancing the role of non-oil sectors

Bahrain Central Bank’s Sukuk Al Salam oversubscribed 319%

Manama, Bahrain - The Central Bank of Bahrain (CBB) has said its monthly issue of the Sukuk Al-Salam Islamic securities...
  • Subscriptions worth BD 137.151 million ($364m) were received for the BD 43 million ($114m) issue, which carries a maturity of 91 days.
  • Expected return on the issue, which begins on August 16 and matures on November 15, is 6.25 percent, compared to 6.10 percent of the previous issue.