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.

Oil prices fall to lowest levels since March on Hormuz opening expactations

Questions over shipping fees, sanctions relief and regional security persisted even as negotiators prepared for a formal signing ceremony in...

Geostrategy

Eight Arab nations, $40.9bn impact: The World Cup’s economic power play

Beyond setting a participation record, the unprecedented Arab presence at the 2026 World Cup highlights the growing economic influence of...

Opinion
Business

QatarEnergy inks pact with Marubeni

QatarEnergy will supply naphtha to Marubeni for 10 years.
  • This pact builds on the five-year Naphtha sales agreement signed in 2018 between QatarEnergy and Marubeni Corporation.
  • Japan-based Marubeni Corporation is the largest petrochemical feedstock trading entity and aggregator in Asia.
Geostrategy

RAKEZ team wraps up roadshow to boost trade in China’s Guangdong province

RAS AL KHAIMAH, UAE - A delegation from Ras Al Khaimah Economic Zone (RAKEZ), led by Group CEO Ramy Jallad,...
  • The RAKEZ delegation aims to foster deeper ties with local enterprises, prominent trade associations and key government entities.
  • The delegation hosted business forums across Guangzhou, Shenzhen and Dongguan cities, highlighting the prospects of the Middle East market.
Business

EIH buys stake in Al Ain Pharmacy

Move aligns with EIH's aim to diversify sources of investment.
  • The acquisition is vital for EIH as it seeks to strengthen its investment in healthcare through its subsidiary Health Plus Holding.
  • The move will help provide additional and sustainable value to investors and achieve the maximum return on investment.
Business

Sharjah Social Security Fund offers service period purchase option

SHARJAH, UAE - The Sharjah Social Security Fund (SSSF) has allowed the possibility of acquiring the service period for insured...
  • This move aligns with the fund's strategies aimed at enhancing the well-being of employees and providing them with opportunities to boost their pensions.
  • The fund said it is allowed to procure the service period for insured employees after they have completed a minimum of 20 years of actual service.
Business

RSG gets Mostadam Diamond Certification

The accolade recognizes RSG's commitment to sustainability.
  • Red Sea Global has worked closely with the Ministry of Municipal, Rural Affairs and Housing to help define the innovative Mostadam criteria.
  • Together, they are creating vibrant and sustainable communities in the Kingdom, paving the way for a more sustainable housing sector.
Geostrategy

Normalization of Israeli-Saudi ties hit Palestine, security barriers

Despite Israel's strong determination and increasing US mediation efforts, the establishment of diplomatic relations between Tel Aviv-Riyadh still face serious...
  • The Chinese-mediated restoration of diplomatic ties between Saudi Arabia and Iran served as a catalyst for US efforts to advance Tel Aviv-Riyadh ties.
  • For Israel, the normalization of relations with Arab countries has remained an important strategic goal for years.
Business

Aldar Estates buys FAB Properties

Aldar Estates will benefit from a stable growth pipeline.
  • The transaction will see Aldar Estates integrate a property management portfolio of 22,000 residential units across 600 properties.
  • The platform will now comprise 157,000 residential units under management, prime retail, and commercial spaces.
Geostrategy

Keen on promoting digital payments in India, UAE, says RBI

NEW DELHI, INDIA – The Chief General Manager of the Reserve Bank of India's Department of Payment and Settlement Systems,...
  • India and UAE have signed two MoUs to strengthen the use of national currencies for bilateral trade, link payment and financial messaging systems.
  • The RBI official said the two countries can work together to further develop digital payments and make them more efficient and convenient.
Business

PIF to buy Hadeed, Rajhi Steel

New firm will help Kingdom’s steel-making capacity.
  • The transactions are in line with PIF’s broader efforts to accelerate Saudi Arabia’s industrial development.
  • Move will help in construction, automotive, utilities, renewables, transport sectors in line with Saudi Vision 2030.
Business

UAE industrial, business sectors see 4% rise in cumulative credit balance by H1 2023

ABU DHABI, UAE - Credit facilities provided by national banks to the business and industrial sectors rose by US$7.7 billion...
  • Credit facilities by national banks to business, industrial sectors in UAE rose by US$7.7 billion in H1 2023.
  • As per CBUAE’s figures the two sectors saw a 4 percent rise in cumulative credit balance to US$203 billion by the end of June 2023.

Oil prices fall to lowest levels since March on Hormuz opening expactations

Questions over shipping fees, sanctions relief and regional security persisted even as negotiators prepared for a formal signing ceremony in...
Geostrategy

Company News

Latest News

The great tech reset: How the gulf turned sovereign capital into a tech ecosystem

The GCC has quickly moved from passive capital allocation into active ecosystem building, spurred on by heavy sovereign capital and...
Economy

Governments must put creativity at the center of economic strategy: Report

Titled Creative Futures: The Springboard for Sustained Economic Growth and Diversification, the report argues that cultural and creative industries —...
Economy

Qadi partners with Core42 to power sovereign AI compliance platform

Qadi, the Middle East’s first sovereign regulatory compliance platform, has partnered with Core42, a G42 company, to power its artificial...
Business
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Economy

AI promise uneven as economists flag debt and market vulnerabilities

In its latest Chief Economists’ Outlook, the WEF said 53 percent of surveyed economists expect global economic conditions to weaken...
  • Economists expect defence, energy and digital infrastructure spending to rise, while environmental budgets shrink amid difficult fiscal trade-offs.
  • Survey respondents see South Asia leading growth, Europe lagging, and foreign investment favoring the United States over China.
Business

Deloitte unveils Middle East Center of Excellence for Oracle AI agents

Dubai, UAE - Deloitte Middle East has announced the launch of its Middle East Centre of Excellence for Oracle AI...
  • The center offers a dedicated regional hub to develop and deploy Oracle AI Agents across public and private sectors
  • It combines global expertise with local industry experience to advance agentic AI in the Middle East
Science

Gartner lists 2026’s defining tech: Faster AI, safer clouds, and smarter security

AI supercomputing platforms integrate CPUs, GPUs, AI ASICs, neuromorphic and alternative computing paradigms, enabling organizations to orchestrate complex workloads while...
  • AI supercomputing platforms integrate CPUs, GPUs, AI ASICs, neuromorphic and alternative computing paradigms, enabling organizations to orchestrate complex workloads
  • By 2028, Gartner predicts that over 40% of leading enterprises will have adopted hybrid computing paradigm architectures into critical business workflows, up from the current 8%