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.

Saudi Arabia funds construction of library in Bosnia and Herzegovina

SARAJEVO, BOSNIA AND HERZEGOVINA - Saudi Fund for Development (SFD) Board of Directors Chairman Ahmed Al-Khateeb, laid the foundation stone...
  • The funding for construction and equipping of the library has been through a US$22 million grant provided by the Saudi Fund for Development.
  • The new library will act as a central hub to connect the university’s 28 sub-libraries and will contribute towards enhancing its educational capabilities.

UAE launches National Program for Infrastructure Development – Salamah 365

DUBAI, UAE – UAE Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei launched the National Program for Infrastructure...
  • Salamah 365 aims to enhance public safety by leveraging innovative solutions and interactive warning systems to rectify identified accident blackspots.
  • It also aims to implement a locally tailored model of pedestrian crossings, predict floods before they happen by monitoring dams and valleys.

Seventh Al Dhaid Date Festival witnesses huge turnout

SHARJAH, UAE – The seventh edition of Al Dhaid Date Festival continues to captivate participants and visitors alike, in a...
  • The event has been organized by the Sharjah Chamber of Commerce and Industry and is hosted at Expo Al Dhaid.
  • The date festival has also attracted various official delegations and representatives from government institutions.

Erdogan seeks foreign investment on Gulf tour, begins with Saudi Arabia

Turkish President Recep Tayyip Erdogan has embarked on a three-state Gulf tour, beginning with Saudi Arabia, as he seeks to...
  • Nine MoUs -- covering energy, real estate, education, and more -- were signed at the Saudi-Turkish business forum
  • Turkish government aims to increase its trade volume with Gulf countries, which currently stands at $22 billion

ADNOC in talks with OMV

Talk merger of shareholdings in Borouge, Borealis.
  • Borouge is listed on the ADX with 54 percent owned by ADNOC.
  • Borealis is owned 75 percent by OMV with ADNOC holding 25 percent.

60 percent of Jordan’s consumption contains plastic, rubber, says JCI

AMMAN, JORDAN - Plastic and rubber products cover 59.7 percent of the Kingdom's domestic consumption, a report by the Jordan...
  • The report indicated that plastic and rubber products are well-established industries in Jordan.
  • According to the report, the sector has 641 establishments geographically spread across the Kingdom.

GCC countries, Russia sign five-year joint action plan

The GCC countries and Russia have adopted a joint statement and a joint action plan for 2023-2028 following their meeting,...
  • Russia and the GCC countries, traditional US allies, sign a five-year cooperation agreement in a major policy shift
  • Arab countries are increasingly cosying up to the US archrivals such as China and Russia

KEZAD Group, GFCF ink deal

GFCF will triple its production after setting up its Phase II in Musasafah.
  • Four more chemical products will be added to GFCF's product mix with the opening of the second phase of the factory.
  • GFCF's processes minimize water waste, and the production unit will incorporate heat recycling, aligning with KEZAD Group's sustainability goals.

Dubai Solar event to focus on research in clean energy

DUBAI, UAE- Dubai Electricity and Water Authority (DEWA) said the MENA Solar Conference (MENA-SC) which it organizes from November 15-18...
  • Prominent experts, specialists and researchers worldwide will highlight the latest developments, technologies and scientific research in solar power.
  • The four-day conference will discuss various scientific research in the solar energy sector to accelerate the transition towards renewable and clean energy.

Saudia raises seat capacity by 10%

The number of domestic, international flights will rise.
  • This would be a 10 percent increase in the number of seats on a year-on-year (YoY) basis, the airlines said in a statement.
  • Saudi Arabian Airlines said that more than 4.2 million seats would be added to international flights.

Etihad enters largest summer season with more than 300 daily flights

Dubai, UAE -- Etihad Airways is entering its largest summer season on record, operating more than 300 flights a day...

Company News

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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...

Property Finder invests in digital real estate investment platform Stake

Dubai, UAE -- Property Finder, the MENA region’s largest property platform, has announced its investment in Stake, a fast-growing digital...

GITEX GLOBAL Day 4: Security in a world driven by AI and data takes center stage

Dubai, UAE-- On the day 4 of GITEX GLOBAL 2025, policymakers, cybersecurity leaders, and innovators convened to address the most...
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INSEAD Day 4- 300x600

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Global experts and cybersecurity leaders convene in Dubai to inform future-ready solutions

The World Economic Forum will convene more than 500 experts from government, business, academia, international organizations, civil society and media,...
  • Amid geopolitical shifts and technological transformation, this year’s meetings will provide space to navigate uncertainty, decode emerging trends and strengthen resilience
  • Sessions will enable participants to identify systemic solutions, drive cybersecurity collaboration and understanding across industries, and foster the multisectoral partnerships

UAE solidifies AI ambition at Expand North Star by GITEX GLOBAL

Dubai, UAE – Expand North Star by GITEX GLOBAL is underway in the UAE as the world’s largest startup and...
  • The 2025 edition connects over 2,000 of the world’s most disruptive startups with 1,200 international investors managing US$1.1 trillion in assets.
  • Reflecting the government’s ambition to foster innovation and attract global talent, the initiative aims to generate 30,000 new jobs by 2030.

Abu Dhabi GDP grows 3.8% to $83.40bn in Q2 as non-oil sectors hit record

The non-oil economy expanded 6.6 percent year-on-year to AED174.1 billion — the highest quarterly value on record — and accounted...
  • Manufacturing remained the largest non-oil contributor at AED30.1 billion, accounting for 9.8 percent of total GDP.
  • Finance and insurance activities expanded 10.3 percent to a record AED21.8 billion, reinforcing Abu Dhabi’s position as a regional and global financial center.