INSEAD Day 4 - 728x90

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

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.

Middle Eastern Airlines post 38% rise in traffic in April 2023

Dubai, UAE - Middle Eastern airlines carriers posted a 38 percent increase in traffic in April compared to the same...
  • With a capacity increase of 27.8 percent, Middle Eastern airlines accommodated the growing demand for air travel
  • Total air travel reached 90.5 percent of pre-Covid levels, highlighting a significant rebound in passenger demand

‘Benzema and Messi to Saudi Arabia?’: Saudi minister’s comment fuels speculation

Riyadh, Saudi Arabia - Saudi Arabia's Minister of Sports, Abdelaziz Al-Faisal, has reportedly added fuel to the speculation surrounding Lionel...
  • Messi has been offered an astronomical €600 million per season deal by Al-Hilal to join their team this summer, according to reports from Marca
  • Benzema is said to have received a staggering €400 million offer from an undisclosed Saudi Arabian club, as the nation aims to bolster its bid for the 2030 FIFA World Cup

AstraZeneca’s new cancer medication Imjudo launched in UAE

Abu Dhabi, UAE -- AstraZeneca has announced the launch of its revolutionary cancer medication, IMJUDO® (tremelimumab) in the UAE. The...
  • UAE is one of the first countries in the Middle East to receive access to the medication that marks a significant advancement in the treatment of cancer
  • Clinical trials have demonstrated the efficacy and tolerability of IMJUDO® in combination in various types of cancer, including metastatic non-small cell lung cancer

Saudi Foreign Minister meets with Iranian counterpart on BRICS sidelines

Cape Town, South Africa -- Saudi Arabia Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, met Friday with...
  • The two ministers reviewed bilateral relations in various fields, in addition to following up the steps to implement the agreement between the two countries signed in Beijing
  • Iran, Saudi Arabia and the United Arab Emirates foreign ministers attended the BRICS meeting in South Africa this week, as the bloc seeks to expand its membership

RAKEZ presents benefit of investing in UAE industrial zones

RAS AL KHAIMAH, UAE -  Ras Al Khaimah Economic Zone (RAKEZ) successfully participated in the second edition of the Ministry...
  • Make it in the Emirates Forum brings together investors, prominent stakeholders to discuss the role of industrial zones in driving economic progress.
  • The forum aimed to position the UAE as a preferred hub for emerging industries on a global scale and promote local production by attracting investors.

Dubai tourist visa: 10-day overstay grace period abolished

Dubai, UAE - Dubai has scrapped the 10-day grace period for visitors whose tourist visas have expired, Arabian Business reported...
  • Previously, individuals who overstayed their visas were allowed an additional 10 days in Dubai before facing penalties
  • This means it is crucial for visitors to ensure their visas are valid and to apply for an extension if necessary to avoid penalties

Jordanian-Saudi royal wedding marks historic union

The couple exchanged their vows in a traditional Muslim wedding ceremony called "katb al-ketab" in an open-air gazebo adorned with...
  • The couple exchanged their vows in a traditional Muslim wedding ceremony called "katb al-ketab" in an open-air gazebo adorned with flowers
  • The bride, adorned in an exquisite white dress designed by Lebanese designer Elie Saab, arrived at Zahran Palace in a 1968 Rolls-Royce Phantom V

8 new industrial  projects announced at Abu Dhabi’s ‘Make it in the Emirates’ event

Abu Dhabi, UAE - Eight new projects were announced on Thursday during the Make it in the Emirates Forum in...
  • Abu Dhabi’s Industrial Strategy aims to double the sector’s GDP contribution by 2031, leveraging strong enablers such as infrastructure and competitive operational costs,
  • The Abu Dhabi Investment Office and its partners signed MoU with high-growth companies covering key areas, including manufacturing, banking, oil & gas and healthcare

Dubai approves Palm Jebel Ali masterplan, twice the size of Palm Jumeirah

Dubai, UAE - Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum on Thursday approved the new futuristic development masterplan...
  • Spanning an area of 13.4sq and occupying an area twice the size of Palm Jumeirah, Palm Jebel Ali will feature green spaces and unique waterfront experience
  • Palm Jebel Ali will feature over 80 hotels and resorts, and a wide choice of entertainment and leisure facilities that will contribute to Dubai’s tourism sector

UAE and Switzerland to enhance cooperation between judiciaries

Abu Dhabi, UAE - The UAE and Switzerland have discussed opportunities for cooperation between the Abu Dhabi Public Prosecution Office...
  • The two sides highlighted the significance of direct communication between the judicial authorities to simplify procedures.
  • They also shed light on the importance of concluding judicial agreements and exchanging relevant experiences.

UAE leads solar energy growth with strategic projects

Abu Dhabi, UAE - A new report highlighted the UAE's leadership in the regional solar energy sector, driven by initiatives...

Company News

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Saudi Crown Prince announces new company to boost Kingdom’s global tech status

Riyadh, Saudi Arabia — Saudi Crown Prince Mohammed bin Salman on Thursday launched a new company called Alat geared to...

ADU inks MoU with Italy-Czech Republic Chamber of Commerce

ABU DHABI, UAE - Abu Dhabi University (ADU) has signed a Memorandum of Understanding with the Italy-Czech Republic Chamber of...

The DCO Council announces multilateral initiatives to bridge digital divide

Manama, Bahrain - The Digital Cooperation Organization (DCO), a global intergovernmental organization dedicated to fostering digital prosperity for all by...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iran and Turkey to utilize modern tech for electricity exchange

Tehran, Iran - Iran and Turkey are set to enhance their electricity exchange capabilities through the implementation of modern technology,...
  • The Iran Grid Management Company and the Turkish Electricity Transmission Company (TEIAS) will operationalize the Khoy-Van grid line
  • The agreement sets the stage for full-scale operation, opening avenues for electricity exchange between Turkey and several European countries

Saudi products declared free from artificial trans fats

Riyadh, Saudi Arabia - The World Health Organization (WHO) has recognized the Saudi Food and Drug Authority (SFDA) for its...
  • Deaths attributed to artificial trans fats globally are estimated at around 500,000 annually, being a major cause of cardiovascular diseases
  • Saudi Arabia's accomplishment aligns with its Vision 2030 and the Health Sector Transformation Program, focusing on a healthy food and nutrition strategy

44% of Saudis are young, making up 78% of the labor pool

Riyadh, Saudi Arabia - Saudi Arabia on Monday launched "Youth Development Strategy" to help its youth to play a critical...
  • Saudi Arabia on Monday launched "Youth Development Strategy" to help its youth to play a critical role in the national economy
  • Aligned with the Saudi Vision 2030, the strategy seeks to create an enabling environment for the progress and growth of young people