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.

UAE and Brazil discuss ties, sign several agreements

The discussions took place between Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum and Brazil President Jair Bolsonaro at Expo...
  • Sheikh Mohammed and Bolsonaro explored avenues to strengthen ties between the two countries
  • They also looked at future opportunities and new strategic partnerships in a range of fields

Deal but no deal: COP26 adds to climate confusion

Rich countries stand accused of failing at the COP26 summit in Glasgow to deliver much-needed finance to vulnerable states at...
  • Rich countries accused of failing to deliver much-needed finance to vulnerable states at risk of drought, rising seas, fire and storms
  • The European Commission said the deal has "kept the Paris targets alive".

Banned Palestinian rights groups urge UN to act against Israel

After being declared as terrorist organizations, six Palestine Human Rights and Civil Society Organizations wrote letter to UN and other...
  • The organizations sent letters to the UN Secretary-General AntَonioGuterres and the Human Rights Council President Nazhat Shameem Khan
  • The letters said that the allegations of Israel“forms part of Israel’s strategy to maintain its apartheid regime

UAE to list Salik toll system on Dubai Financial Market

The Dubai Securities and Exchange Higher Committee has decided to list Salik on Dubai Financial Market (DFM) in order to...
  • The Salik toll system is one of Dubai’s premier infrastructure assets, with robust traffic volumes
  • The eight Salik toll gates, Al Barsha, Al Garhoud, Al Maktoum, Al Mamzar South, Al Mamzar North, Al Safa, Airport Tunnel and Jebel Ali, aim to reduce traffic congestion

Top energy honchos to meet at Abu Dhabi CEO Roundtable

More than 30 top energy executives from around the world will come together at the 7th Abu Dhabi CEO Roundtable,...
  • The industry leaders have been invited to the roundtable by Dr. Sultan Ahmed Al Jaber, United Arab Emirates (UAE) Minister of Industry and Advanced Technology
  • The participants will debate issues impacting the energy world and the outcome of the UN Climate Change Conference of the Parties (COP26)

Emaar Properties and Emaar Malls to merge this month

Nearly eight months after the process was undertaken by the two companies, the merger of Emaar Properties with Emaar Malls...
  • The two companies conveyed the decision to Dubai Financial Market on Thursday, after the companies received no objections and met all the conditions for the merger
  • This will be the second biggest such merger happening on DFM in the last 12 months

European Tour to become the DP World Tour from 2022

The agreement heralds a new era in the history of the European Tour group, which, along with DP World, will...
  • The agreement heralds a new era in the history of the European Tour group, which, along with DP World, will celebrate its 50th anniversary in 2022
  • In 2022, the DP World Tour will represent a global tour through an international schedule, that will feature a minimum of 47 tournaments in 27 different countries

Libya polls ‘essential next step’ to peace: UN chief

Libya has seen several political and security crises since Muammar Gadaffi was overthrown a decade ago.
  • UN Secretary-General António Guterres has urged national unity in Libya
  • He has also called for people to overcome differences ahead of landmark presidential and parliamentary elections next month

Covid-19, conflict and costs pushing Syria beyond limits: WFP

World Food Program Executive Director David Beasley has warned that more people in Syria are in the grips of hunger...
  • Some 12.4 million people — almost 60 percent of the population — apparently do not know where their next meal will come from
  • This is said to be a 57 percent increase since 2019 and the highest number ever recorded in the history of Syria

STR: Expo lifted Dubai hotel rates to 3-year high in October

Hotel occupancy rates in October stood at nearly 81.6 percent, with the average daily rate (ADR) at AED776.
  • Hotel occupancy rates in October stood at nearly 81.6 percent, with the average daily rate (ADR) at AED776
  • The tourist rush has been boosted by the Dubai Expo 2020 which is expected to attract 25 million business and tourist visits to the world fair

Iraqi Trade Center to be launched at ACC’s headquarters in Jordan

AMMAN, JORDAN - Amman Chamber of Commerce (ACC) and the Iraqi Embassy here agreed to open Iraqi Trade Center at...

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Dubai Metaverse Assembly takes delegates to Mars

Participants were taken on an immersive space journey to a detailed metaverse city on the Red Planet.

Jordan government reduces fuel prices for October

The price of 90-octane gasoline and 95-octane gasoline will decrease by 60 fils in October.

Saudi Arabia hopes to post budget surplus of US$24bn

Saudi Arabia is expecting to record an increase in its budget surplus in 2022 to S24 billion, according to the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Abu Dhabi launches healthcare grant to help research, innovation

The Department of Health – Abu Dhabi (DoH) launched the first edition of the Healthcare Research and Innovation Grant, a...
  • The grant seeks to fuel healthy competition across the healthcare ecosystem in the emirate.
  • It seeks to help start unique research projects and innovative products, technologies and services in Abu Dhabi’s healthcare facilities.

Emirates SkyCargo, United Cargo sign MoU

The two airlines will work on expanding cargo interline options.
  • United will have access to SkyCargo’s high frequency distribution network through the belly-hold of passenger flights to over 100 global destinations and 11 freighters.
  • Emirates SkyCargo will have access to over 200 cities in the US and 300 cities across five continents through United Cargo.

Two-day inaugural RAK Energy Summit to begin on Oct 4

The inaugural RAK Energy Summit, to be held on October 4-5, will feature experts from the energy sector in the...
  • The summit will feature experts from the energy sector in the UAE and globally.
  • The experts will discuss the challenges the world faces as it moves to cut carbon emissions.