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 opens field hospital in Chad to help Sudanese refugees

ABU DHABI, UAE -  UAE Ambassador to the Republic of Chad Rashid Saeed Al Shamsi on Sunday opened a field...

Geostrategy

Vodafone, Microsoft ink pact

The two firms will offer AI Digital Contact Centre Platform.

Business
Business

Abu Dhabi H1 real-estate deals hit $6.4bn

The real-estate sector in Abu Dhabi recorded 3,425 real-estate sales transactions worth AED9.02 billion (around $2.46 billion), and 3,621 mortgage...
  • The H1 recorded value has been achieved through 7,046 real-estate transactions
  • These include transactions and mortgages of land, buildings, and real-estate units of all kinds
Business

Construction works complete on a stretch of UAE rail network

DUBAI: Etihad Rail has completed construction works on a stretch of the 1200-km UAE National Railway Network, the company said on...
  • The work was completed ahead of schedule on Package A of Stage Two, which extends over 139 km.
  • 40 percent of the network’s annual transport capacity has been reserved through commercial agreements.
Economy

SEDCO Capital, Lombard Odier launch Shariah-compliant fund

The Fund's composition reflects a convergence of SEDCO Capital's Prudent Ethical Investment (PEI) approach with Lombard Odier's investment expertise
  • The Fund's composition reflects a convergence of SEDCO Capital's Prudent Ethical Investment (PEI) approach with Lombard Odier's investment expertise
  • The Fund aims to deliver capital growth through an active asset allocation strategy with the goal of outperforming the Dow Jones Islamic Market World Developed Total Return Index
Business

Tariq Al Samahiji CEO of GFH Group’s UK ops

Al Samahiji is the non-executive chairman and co-founder of Orpheus Partners.
  • He served as CEO of BNP Paribas Najmah and Global Head of BNP Paribas Islamic Finance and Investments.
  • GFH said it currently has assets of over $12 billion globally and looks to build its international portfolio through organic and inorganic growth.
Economy

DEWA partners with Global Manufacturing and Industrialisation Summit

DEWA has implemented Fourth Industrial Revolution technologies, such as Artificial Intelligence, Cloud Computing and the Internet of Things to drive...
  • DEWA and GMIS will collaborate to promote the use of advanced energy-saving innovations
  • The collaboration will enable greater synergy between utility providers and industrial enterprises to eliminate energy wastage
Science

Syria water crisis spurs spike in disease: MSF

MSF has blamed the ‘acute water crisis’ in recent months on a decrease in funding for water, sanitation and hygiene...
  • The crisis is most acute in northwestern Syria, the country’s last major rebel stronghold
  • More than three million people live in squalid conditions in that region
Business

Saudi Arabia digitizes 50m realty papers under National Transformation Program

Saudi Arabia has managed to digitize some 50 million real estate documents under the Real Estate Title Digitization Initiative. It...
  • The central digitization labs work around the clock and are the largest of their kind in the MENA region
  • The digitization process goes through several steps: listing and collection of documents, entry and revision, transfer to digitization labs, sterilization and restoration
Geostrategy

Meetings with Syria should translate into projects: Jordan PM

He said the projects should benefit the two countries and cement a historical brotherhood bonding them.
  • A Syrian delegation in Jordan has held a series of meetings with its Jordanian counterparts over the course of two days
  • It reviewed the outcome of discussions with the Jordanian ministers in the areas of transport, intra-trade, water, agriculture and energy
Business

Ukraine looks to bolster investment cooperation with GCC, especially Kuwait

Ukraine is looking to bolster investment cooperation with the Gulf Cooperation Council (GCC) countries, especially Kuwait.
  • Ukrainian Deputy Foreign Minister Dmytro Kuleba said that the Ukrainian government has recently enacted many pieces of legislation targeting holistic economic reforms
  • The Ukrainian official hoped that Kuwaiti companies would join the execution of these strategically significant projects in Ukraine
Geostrategy

Kuwait, China keen on institutional framework

The Consul General of Kuwait in Shanghai, Mishal Al-Shamali, during a meeting with Shanghai Deputy Mayor Zhong Ming, said that...
  • The framework is needed to start implementing the agreements concluded between the two countries
  • This will help develop and strengthen bilateral ties between Kuwait and China in the upcoming years

UAE opens field hospital in Chad to help Sudanese refugees

ABU DHABI, UAE -  UAE Ambassador to the Republic of Chad Rashid Saeed Al Shamsi on Sunday opened a field...
Geostrategy

Company News

Latest News

DMCC doubles Chinese companies over last five years

The free zone is home to 703 Chinese businesses, representing nearly 12 percent of the Chinese companies in the UAE.
Business

UAE delegation, led by Abdullah bin Zayed, in Tel Aviv to discuss ways to boost ties

Sheikh Abdullah is travelling with a high-level UAE delegation on his visit, which will span several days and marks two...
Geostrategy

Saudi Arabia plans seeks to create over 200 smart cities: Minister

Riyadh, Saudi Arabia - Saudi Arabia plans to establish more than 200 smart cities, Majed Al Hogail, Minister of Municipal,...
Business
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Economy

Adoption of new technologies tops Saudi Maritime Congress agenda

The purpose of the event is to highlight the most significant advancements in the digital transformation and adoption of cutting-edge...
  • The purpose of the event is to highlight the most significant advancements in the digital transformation and adoption of cutting-edge technological solutions in the sector
  • This edition is the first to be organised in person after the pandemic and the recovery of global economies from its unprecedented effects on the supply chain
Business

AD Ports ups stake in Egypt firms

The majority stake in the two companies was valued at $140m.
  • The group acquired a 70 percent equity stake in Transmar International Shipping Company (Transmar) and Transcargo International.
  • Transmar is a regional container shipping company that operates across the Middle East, Red Sea, Arabian Gulf and Eastern Coast of Africa
Geostrategy

Lebanon-Israel maritime talks to conclude in days: Lebanese official

Negotiations between Lebanon and Israel have been mediated by the US to delineate a shared maritime border.
  • Negotiations between Lebanon and Israel have been mediated by the US to delineate a shared maritime border
  • US mediator Amos Hochstein, who visited Beirut on September 9 said talks were making progress