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.

US proposes $8B arms deal with Israel; Biden plans strikes on Houthis as Gaza aid faces Trump-era cuts

The US proposes an $8 billion arms deal with Israel, plans intensified strikes on Yemen's Houthis, while Israel considers cutting...
  • According to sources cited by Axios, the arms deal requires formal approval from both the House and Senate committees
  • A US official emphasized that the arms sale aligns with the administration’s commitment to Israel's security

Dakar Rally Saudi Arabia 2025 kicks off Friday with over 800 competitors

Riyadh, Saudi Arabia -- The Dakar Rally 2025, the largest and longest race in the world of motorsports, is set...
  • Over 800 participants are poised for the fierce competition, which runs until January 17 and is organized by the Saudi Automobile & Motorcycle Federation
  • . Participants will embark on an adventurous journey through the landscapes of Al Hanakiyah, AlUla, Hail, Al Dawadmi, Riyadh, and Haradh before heading to the last stop in Shubayta

Saudi Arabia records $5.6 billion trade surplus in October 2024 with 30% growth

Riyadh, Saudi Arabia - Saudi Arabia’s trade balance recorded a 30% monthly growth, achieving a surplus of SAR 20.769 billion...
  • The Kingdom's total international trade volume reached SAR 164.794 billion ($43.51 billion) in October, reflecting a 2% growth
  • Non-oil exports in October totaled approximately SAR 19.413 billion ($5.24 billion), representing 21% of total exports

Study: Legacy technology not impeding adoption of AI and Machine Learning in UAE and Saudi Arabia

Manufacturers see AI as critical for decarbonization (66%), improving ESG scores, energy monitoring (55%), advancing digital twins (68%), and enabling...
  • The study, conducted by S&P Global Market Intelligence, surveyed over 120 digital transformation leaders from the utility, data center, building, and manufacturing sectors
  • It reveals that only 23% of respondents in 2024 identified legacy technology as a significant impediment to digitalization, a notable decrease from 33% in 2022

Global markets rode AI, interest rate roller coaster in 2024

Paris, France - Despite political upheavals, stock markets and bitcoin smashed records in 2024, fuelled by investor enthusiasm for Artificial Intelligence (AI),...
  • Wall Street's three main stock indices blew past record highs to set new peaks in 2024, with the Dow Jones Industrial Average climbing above 45,000 points
  • Donald Trump's victory in the US presidential election gave Wall Street even more of a boost on hopes he will follow through on pledges of deregulation and tax cuts

In stabilization bid, Syria’s new ruler declares all weapons under state control, including Kurdish arms

Ahmed al-Sharaa announced all weapons, including those held by Kurdish-led forces, will come under state control, emphasizing unity and coexistence...
  • Sharaa spoke alongside Turkish Foreign Minister Hakan Fidan, after earlier meeting with Lebanese Druze leaders and vowing to end "negative interference" in the neighbouring country
  • Turkey has maintained strong ties with Syria's new leaders, and has continued military operations against Kurdish-held areas in northeastern Syria

UN envoy warns Syria conflict persists as rebels seek international ties post-Assad ouster

The UN migration chief expressed concerns about large-scale refugee returns destabilizing Syria further, particularly affecting religious minorities who fled violence...
  • The United Nations' special envoy for Syria, Geir Pedersen, said on Tuesday "there have been significant hostilities in the last two weeks, before a ceasefire was brokered."
  • Israel has carried out hundreds of strikes on Syrian military assets since Assad's overthrow in what it says is a bid to prevent them falling into hostile hands

Qatar PM sees ‘momentum’ on Gaza talks after US election

Doha, Qatar - Qatar's prime minister said on Saturday that momentum had returned to talks aimed at securing a truce and...
  • The Gulf emirate, along with the United States and Egypt, had been involved in months of unsuccessful negotiations for a Gaza truce
  • But in November, Doha announced it had put its mediation on hold, saying it would resume when Hamas and Israel showed seriousness

‘AI saved 1.5 billion liters of water, cut carbon emissions equivalent to 1 million trees in Saudi Arabia’

Riyadh, Saudi Arabia – Artificial intelligence (AI) has contributed to saving 150 million sheets of paper and conserving 1.5 billion...
  • Alghamdi said that the planet is facing unprecedented challenges today, from record high temperatures to escalating climate risks that threaten global stability
  • Saudi Green Initiative lies at the heart of transformative efforts, being a comprehensive national strategy comprising over 80 initiatives, he added

Saudi Space Agency launches ‘Space Futures Centre’

Riyadh, Saudi Arabia - The Saudi Space Agency (SSA) announced Sunday the launch of the Centre for Space Futures, the...
  • The Centre for Space Futures aims to enhance space research, innovation, and international collaboration, boosting Saudi Arabia's role in the global space industry
  • The Centre positions Saudi Arabia as a key player in advancing space exploration and technological innovation worldwide

Wearables measure a range of useful data – but are they missing the full picture?

Will Hicks and Louise Thomas We've entered an age of personal physiology. Wearables track our heart rate, sleep and VO2...

Latest News

Iran-US nuclear talks set for Rome this week: Oman mediator

Iran and the United States will hold the next round of talks on the Islamic republic's nuclear programme in Rome...

Israeli ‘warning’ fire at diplomats sparks outcry amid Gaza pressure

EU foreign policy chief Kaja Kallas urged Israel to hold to account those responsible for the shooting near Jenin, a...

Cyberattack to cost UK retailer Marks & Spencer $404 million

London, United Kingdom -- British clothes-to-food retailer Marks and Spencer on Wednesday said a cyberattack affecting its online service is...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.
  • Total revenue saw a 15 percent rise compared to Q1 2024, supported by both passenger and cargo business.
  • With nearly 20 million passengers carried over the last 12 months, Etihad is the fastest-growing airline in the region.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

US asking countries for ‘voluntary’ Palestinian relocation: Rubio

Israel has again warned the population of Gaza -- nearly entirely displaced since the war broke out over the October...
  • President Donald Trump has repeatedly mused about displacing Gaza's two million people to make way for reconstruction.
  • Responding to a question in testimony to the Senate Foreign Relations Committee, Rubio said: "There's no deportation."