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.

Jordan to expel unvaccinated expats by December 15

The Ministry of Interior of Jordan has confirmed that strict measures will be taken against expatriates who did not receive...
  • Expatriates in Jordan are allowed to obtain the vaccine for free
  • They are not required to present a residence permit or a work permit to get the vaccine

Climate, economy, vaccines key focus of G20 talks

Leaders of the world's most advanced nations are hoping to hammer out a way forward on climate change and vaccine...
  • In their first in-person gathering since the start of the Covid-19 pandemic, the relaunch of the global economy will also be front and center on the two-day agenda
  • The stakes are high, with United Nations Secretary General Antonio Guterres warning G20 leaders to show "more ambition and more action"

Sabic to invest $1.37bn in UK

The investment is expected to improve operations at a UK plant.
  • The company said that the investment will strengthen its operations
  • England’s Prime Minister Boris Johnson appreciated the decision of investment

Largest Saudi gold mine to begin work in Q1 of 2022

Saudi Arabia is set to begin mining gold from one of the biggest reserves of the kingdom in the first...
  • The project in the Makkah region is using renewable energy for 13 percent of its energy requirements with a plan to increase it
  • The Kingdom is currently producing about 400,000 ounces from five mines that were developed in the last 10 years

Arab League rues decline in Lebanese-Gulf ties

The Arab League has expressed strong disappointment at a decline in relations between Lebanon and Gulf states, after an adverse...
  • The Arab League Secretary-General Ahmed Aboul Gheit has appealed to Gulf countries "to reflect on the measures proposed to be taken
  • The statement came a day after Saudi Arabia ordered the Lebanese ambassador to the kingdom to leave within 48 hours

PIF of Saudi Arabia unveils LIV Golf Investments

Public Investment Fund of Saudi Arabia has unveiled LIV Golf Investments and hand-picked former world champion Greg Norman to lead...
  • The new events will be staged from 2022 across Europe, the Middle East and Asia in a move designed to help bolster the sport
  • LIV has created 10 new events to be staged annually on the Asian Tour over the next decade with $200 million of backing

GCC, Greece discuss ways to enhance joint cooperation

This was agreed upon during a session of talks held in Athens on Friday between the GCC Secretary General and...
  • This was agreed upon during a session of talks held in Athens on Friday between the GCC Secretary General and the Minister of Foreign Affairs of Greece Nikos Dendias
  • The meeting dealt with the strategic relations between the GCC and the Republic of Greece, and ways to enhance them in various fields

Half million visitors to Saudi pavilion at Expo 2020 Dubai

The total number of visitors to the Saudi pavilion exceeded 30 percent of Expo 2020 Dubai's total number of visitors.
  • The visitors are said to have been from various Arab and foreign nationalities
  • High-level diplomatic delegations from various countries also visited the pavilion

Jordan launches weekly lottery to boost vaccination

Six lucky vaccinated people will each receive JD500 (around $705), provided that they had been inoculated in the week before...
  • The lottery scheme was launched by the Jordan Radio and Television Corporation and the Association of Banks in Jordan
  • The initiative is apparently aimed at incentivizing individuals to take the vaccine to immunize society as a whole

Bahrain orders Lebanese envoy to leave in 48 hours

The decision closely mirrored that of Saudi Arabia, which too ordered the Lebanese ambassador to its country to return home.
  • The decision was apparently taken ‘against the background of a series of unacceptable and offensive statements issued by Lebanese officials’
  • This decision would not affect the Lebanese residents in Bahrain, the country’s Ministry of Foreign affairs has said

Ma’aden, BADC ink agreement

Firm to supply 600,000 tons of fertilizers to BADC.

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Global Islamic Refugee Fund launched, seeks to raise $400m

The funds are scheduled to be deposited in a trust account to finance programs as per the needs of refugees...

Jordan PM meets Iraqi, Syrian, Lebanese agriculture ministers

Jordan Prime Minister Dr. Bisher Khasawneh has a joint meeting with the agriculture ministers of Iraq, Syria and Lebanon.

Sudan seeks investment from Qatari private sector in various sectors

Doha, Qatar - Qatar Chamber explored, with the Ruler of Darfur region in Sudan, investment cooperation and enhancing the role...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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UAE delegation attend meetings on sidelines of UNGA session

The UAE delegation attended the sixth day of high-level meetings on the sidelines of the 77th Session of the United...
  • The meetings included a ministerial-level interaction with the Non-Aligned Movement.
  • It also included meeting with the African Union.

Sharjah Chambers discusses credit report, score for SMEs

The Sharjah Chamber of Commerce and Industry (SCCI) has hosted a webinar in cooperation with Al Etihad Credit Bureau (AECP)...
  • The webinar discussed various topics including the comprehensive credit protection solutions provided by Al Etihad Credit Bureau.
  • The credit protection solutions help companies improve risk management and make the right decisions when interacting with customers.

GHD, Fraunhofer–Gesellschaft to help develop UAE hydrogen policy

The Ministry of Energy and Infrastructure (MoEI) of UAE announced that it had signed an agreement with GHD Group, in...
  • UAE's National Hydrogen Strategy will help in formulating policies for energy-mix diversification strategies and net-zero targets by 2050.
  • Crucial elements must be in place for a booming hydrogen-based economy, including proper infrastructure, technological readiness and market access.