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.

Alba seeks solar project bids

The solar farm should have a capacity of more than 5 MW.
  • The last date for tender purchase is November 30
  • The deadline for technical bid submission is January 31 next year

Insulin out of reach for many 100 years after its discovery: WHO

The main barriers to accessing the lifesaving medicine, namely high prices, low availability of human insulin, a market dominated by...
  • The main barriers to accessing the lifesaving medicine, namely high prices, low availability of human insulin, a market dominated by just a few producers, and weak health systems.
  • Insulin is the “bedrock” of diabetes treatment, and WHO is working with countries and manufacturers to expand access to everyone who needs it

Jordan discusses investments with the UAE

The discussions took place during a meeting on Friday, November 12, in Dubai between Jordan’s Prime Minister Bisher Khasawneh and...
  • The Jordanian prime minister affirmed that his country welcomes more Emirati investments in many vital sectors
  • Meanwhile, the UAE said it would look forward to promote bilateral ties with Jordan

Dr Abdullah Asiri chosen member of WHO panel on novel pathogen origins

Dr Abdullah Asiri, Saudi Arabia's Deputy Minister for Preventive Health, has been chosen as one of the members of the...
  • Asiri, Saudi Arabia's Deputy Minister for Preventive Health, is one of the 28 members of the Scientific Advisory Group for the Origins of Novel Pathogens.
  • Lebanese Dr Nada Ghosn is another expert from the Middle East chosen as the member.

Saudi Arabian Airlines the least complained about carrier in kingdom

Saudi Arabian Airlines has been the least complained about airline in the kingdom during October 21, followed by Flyadeal. For...
  • The kingdom's General Authority of Civil Aviation has classified airlines based on complaints submitted to it by passengers.
  • King Khalid International Airport in Riyadh the least complained about airport in above 6-million-passenger category.

Saudi stock market larger than kingdom’s economy: CMA head

The Saudi stock market is now larger than the Kingdom's entire economy — even without taking Aramco into consideration, the...
  • With Aramco added, Tadawul's size is four times that of the economy
  • He argued the great momentum of a large number of companies for direct listing is because the Kingdom was the first to apply the direct listing mechanism in the GCC region

Emirates to display four-class A380 at Dubai Airshow

Emirates will put on a display at Dubai Airshow 2021 four-class configured A380 with premium economy class cabin, refreshed interiors...
  • Emirates' latest generation Airbus A380 will be decorated with the unique 'United Arab Emirates 50' livery
  • This year, all eyes will be on Dubai as the industry bounces back with global aviation and aerospace players reconvening in person to forge new partnerships

UNESCO honors Omani navigator Amhed Bin Majid

Omani sailor Ahmed bin Majid has been added to the list of world’s influential personalities on his 600th birth anniversary...
  • UNESCO Lists Omani navigator Ahmed Bin Majid among influential world personalities
  • The sailor is the sixth Omani figure to be included in this international list

Kuwait Airways signs spare parts pact with seven Arab airlines

Kuwait Airways has signed a loan and exchange agreement with seven Arab airlines that will be used to swap spare...
  • Under the agreement, spare parts will be shared in emergency cases.
  • The agreement was signed on the sidelines of the 54th General Assembly of the Arab Air Transport Association in Doha.

Kuwait’s budget deficit spikes 175 percent to $35.5bn

Budget deficit of Kuwait has spiraled 175 percent to $35.5 billion in 2020-2021, the highest in the country’s history.
  • In June, the Kuwaiti parliament approved the 2021-2022 budget proposed by the government in January, which forecast spending of 23.05 billion dinars
  • The Ministry said that oil revenues fell 42.8 percent in 2020-21 to 8.8 billion dinars, while other revenues fell 6.5 percent to 1.7 billion dinars

Qatar Credit Bureau, Supreme Judicial Council to share data

DOHA, QATAR - Qatar Credit Bureau signed a memorandum of understanding (MoU) with the Supreme Judicial Council (SJC) pertaining to...

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Saudi to make US$32bn in income from recycling by 2035

Saudi Arabia is expected to generate an annual income of $32 billion from recycling waste by 2035, according to the...

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...

Emirates SkyCargo, United Cargo sign MoU

The two airlines will work on expanding cargo interline options.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Dubai real estate market performance in Aug best in decade

A total of 9,720 real estate sales worth $6.62 billion were recorded during the month, an increase of 69.57 percent...
  • The top areas searched for sales in August were Dubai Marina, Downtown Dubai, Business Bay, Palm Jumeirah, Jumeirah Village Circle, and Jumeirah Lake Towers.
  • Most searched areas for villa/townhouse sale were Dubai Hills Estate, Palm Jumeirah, Arabian Ranches, DAMAC Hills (Akoya by DAMAC), Mohamed bin Rashid City and Dubai Land.

Large turnout of visitors at WETEX, Dubai Solar Show

The Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS) saw a large turnout of visitors in...
  • A total of 1,750 companies from 55 countries worldwide participated in the exhibition.
  • Latest global solutions, technologies, innovations in energy, water, sustainability, renewable and clean energy were highlighted in the event.

Qatar launches Tatween platform for job localization in private sector

Qatar has launched a forum, Tatween Platform, on job localization in the private sector, with the participation of representatives of...
  • Services, tourism and hospitality, IT technology, finance, health and education, finance, health and education are some of the sectors involved.
  • Tawteen platform provides a space and a dialogue platform for actors to exchange ideas and best practices in the field of job localization, labor minister Dr. Ali bin Saeed said.