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.

Belt and Road Initiative countries expect more cooperation ahead of China-Arab expo

YINCHUAN, CHINA - In the run-up to the sixth China-Arab States Expo, guests from countries and regions along the Belt...
  • Morocco was the first country in North Africa to sign the Belt and Road cooperation document with China.
  • Since then, the two countries have maintained close political, economic, and cultural connections.

QFMA launches single window e-portal for listing in Qatari financial markets

DOHA, QATAR - Qatar Financial Markets Authority (QFMA) announced the launch of a single window e-portal, which aims to facilitate...
  • The single window provides many advantages for firms, related to securities, public offering, or listing on QSE and in acquisitions or mergers.
  • It will simplify the procedures for companies by limiting their dealings with just one entity instead of interacting with other authorities separately.

Syria’s Assad will visit China as Beijing boosts its reach in the Middle East

Damascus, Syria - Syrian President Bashar Assad is set to make his first visit to China this week, highlighting China's...
  • China has been expanding its presence in the Middle East, mediating between Saudi Arabia and Iran earlier this year and aiding Assad's regime
  • Assad has been invited by Chinese President Xi Jinping for a summit and will travel to Beijing with a high-level Syrian delegation

Abu Dhabi plans to launch English newspaper as part of media network revamp

Abu Dhabi, UAE - Abu Dhabi Media Network is all set to launch an English edition of its existing Al...
  • The announcement came on the sidelines of the launch of a new media strategy by Abu Dhabi Crown Prince Sheikh Khaled bin Mohammed bin Zayed
  • The strategy also involves the launch of Al Ittihad News Centre, which will operate as a unified media center across various news platforms

UAE spending in space sector surges by 6.6%: survey

Dubai, UAE - The total spending in the UAE's space sector witnessed a 6.61 percent increase compared to the previous...
  • The survey highlighted a 14.8 percent rise in research and development (R&D) spending
  • It also revealed an 83.6 percent increase in scientific publications related to the space sector

New UAE sports law aims for unified governance

Abu Dhabi, UAE - The new UAE sports aims to establish a unified governance framework for all sports organizations and...
  • The law allows sports federations to enter into partnerships with institutions, both national and foreign
  • It also focuses on identifying and nurturing sporting talents in schools and clubs through national plans in collaboration with relevant authorities

Elon Musk refutes reports of Tesla-Saudi Arabia talks

The WSJ's report, released on Monday, cited anonymous sources stating that while talks between Tesla and Saudi Arabia were in...
  • In a post on platform X, Musk labeled the WSJ's article as "utterly false," although he refrained from providing further details on the matter
  • Musk's statement in August last year about this expansion led to widespread speculation regarding the locations of the upcoming facilities

92% of respondents in Saudi Arabia willing to pay more for sustainable broadband

Riyadh, Saudi Arabia - About 92% of respondents in Saudi Arabia consider ‘critical national infrastructure’ and are willing to pay...
  • A survey, encompassing 2,000 respondents in the Kingdom, reveals that 91% of participants consider broadband as crucial as basic necessities like water and electricity
  • Over half of Internet users in Saudi Arabia primarily use the Internet for social media (58%), streaming videos and gaming (57%), and browsing, reading, or shopping (53%)

UAE celebrates astronaut Sultan Al Neyadi’s homecoming

The UAE president and the ruler of Dubai spent time in conversation with Al Neyadi – accompanied by his father...
  • Sheikh Mohamed and Mohammed bin Rashid greeted Al Neyadi upon his arrival at the new Abu Dhabi International Airport following a flight from the US
  • Sultan Al Neyadi presented the President with a UAE flag that had accompanied him throughout his 186-day mission to the International Space Station

UAE, Egypt presidents meet, discuss ties, regional issues

Abu Dhabi, UAE - The UAE President Sheikh Mohamed bin Zayed Al Nahyan of the UAE and President Abdel Fattah...
  • The two presidents deliberated on economic, investment, and development collaborations between the two countries
  • They exchanged views on regional and global developments, emphasizing the importance of peaceful resolutions to regional conflicts

Global rice output in 2024/25 likely to expand by 1.5%: FAO

Rome, Italy --  The Food and Agriculture Organization of the United Nations (FAO) released a new Cereal Supply and Demand...

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Date palm cultivation in AlUla sees increased productivity

AlUla, Saudi Arabia - Date palm cultivation in AlUla governorate has witnessed a significant increase in productivity this year, with...

UAE investments abroad reach US$2.5trn in beginning of 2024, says UAEIIC

ABU DHABI, UAE – The United Arab Emirates has solidified its position as a leading regional and global player in...

Oman issues Treasury Bills worth US$181m this week

MUSCAT, OMAN – The Central Bank of Oman (CBO) has announced that the total issuance of Treasury Bills amounted to...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Shipping service connecting India, South East Asia with Saudi Arabia comes up

RIYADH, SAUDI ARABIA – VASI Shipping Pte Ltd has introduced a new shipping service IMS at King Abdulaziz Port in...
  • This service aims to enhance its strategic partnerships with major international shipping lines, support the maritime sector.
  • This initiative represents a significant step in bolstering the role of King Abdulaziz Port in Dammam in enhancing the maritime transport sector.

Al-Azhar Ash-Sharif celebrates 1084th anniversary

Cairo, Egypt -  Historic al-Azhar Mosque marked its 1084th anniversary of its founding on March 17,  celebrated by al-Azhar ash-Sharif...
  • The event, held annually on the seventh day of Ramadan, features various activities highlighting the mosque's rich history
  • The history of the establishment of the Al-Azhar Mosque dates back to the year 970 by the Fatimid Caliph Al-Muizz Li-Din Allah

Riyadh set to debut historic Saudi opera ‘Zarqa Al-Yamama’ on April 25

Riyadh, Saudi Arabia - The capital city of Riyadh is abuzz with excitement as preparations are underway for the premiere...
  • The opera is poised to make history as the first grand opera produced in the Kingdom and the largest Arabic grand opera ever staged
  • The opera revolves around the legendary figure of Zarqa al-Yamama, a woman from the Geddes tribe known for her foresight and sharp intuition