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.

Drugs seized at Dammam airport

Alert officials of the Zakat, Tax and Customs Authority at King Fahd International Airport in Dammam have seized more than...
  • The authority said that smugglers are “seeking to exploit everything” to smuggle drugs into Saudi Arabia
  • The authority said that smugglers are “seeking to exploit everything” to smuggle drugs into the Kingdom

Bahrain allows use of airport for Afghan evacuees

Bahrain has announced that it is “allowing flights to make use of Bahrain’s transit facilities” amid the evacuations of Afghanistan.
  • Kingdom made the announcement in a statement released early Saturda
  • Bahrain, in the Arabian Gulf off Saudi Arabia, is home to the US Navy’s 5th Fleet

Next Apple Watch could check for dehydration

With temperatures rising globally, this could be a useful feature for users of this Apple device.
  • Apple has recently been granted a patent in this regard by the US Patent and Trademark Office
  • The patent shows electrodes in the watch band, through which the electrical properties of sweat will be measured

Russia may supply 120kt wheat to Algeria soon

Russia, the largest exporter of wheat in the world, has been looking to enter the market for quite some time.
  • This is expected to mark the first entry of Russian wheat in the Algerian market
  • Algeria has so far imported wheat mostly from France

Egypt to earmark $2.5bn for 17 desalination plants

Fresh water resources are becoming scarce due to drought in Egypt, which is more than 90% dependent on the Nile...
  • The plants will supply drinking water to people in a country where potable water is often not very readily available
  • This move is the latest in Egypt’s list of initiatives to improve the supply of drinking water to its people

UAE agrees to temporarily host 5,000 Afghans

The move comes following a request from the United States to help out Afghan evacuees.
  • The evacuees will travel to the UAE from Kabul on US aircraft in the coming days
  • These are people who are on their way to a different country

Saudi Arabia to send oxygen tanks to Tunisia

King Salman bin Abdul-Aziz Al Saud has reportedly directed health authorities to provide medical oxygen and accompanying supplies to Tunisia.
  • Tunisia has so far received medical aid from several Gulf and North African states
  • The UAE sent vaccine doses in July, while Saudi Arabia, Morocco, and Egypt sent other aid last month

Abu Dhabi to be out of bounds for unvaxxed

Abu Dhabi will be effectively out of bounds for unvaccinated people from Friday in order to curb the transmission of...
  • The unvaccinated are effectively barred from entering any business in the UAE capital except for supermarkets and pharmacies
  • People will be required to prove they have been vaccinated before being allowed into venues

Saudi Arabia allots land for 600 megawatt solar plants

Saudi Arabia is constructing two renewable energy plants as part of the kingdom’s plan to generate 50 percent of its...
  • The plants will have a capacity of 600 megawatts and will be implemented in the Third Industrial City in Jeddah and the Industrial City in Rabigh
  • The Ministry of Energy is working to diversify the energy mix to produce electricity, by increasing the share of gas and renewable energy sources in it

Facebook to offer business loans in India

Facebook has announced that it will join hands with an online Indian lending firm to help provide loans to small...
  • The social media giant is joining hands with Indifi to help provide loans ranging from 500,000 rupees to 5,000,000 rupees ($6,719-$67,191) at annual interest rates of up to 20%
  • Facebook said it would pay off to bolster the small business economy in India as these companies will use its apps including Instagram and WhatsApp to boost their growth

Brazilian group seeks trade, investment boost with UAE

Sharjah, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) organized the UAE-Sao Paulo Business Forum on Thursday, marking...

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UAE operates air bridge to provide relief to flood victims in Pakistan

The relief aid includes shelter materials, humanitarian needs, food and medical parcels for those affected by torrential rains and floods

‘Third’ of Pakistan under water as flood aid efforts gather pace

The rains that began in June have unleashed the worst flooding in more than a decade, washing away swathes of...

Egypt’s Zohr gas field pumps out record 2.7bn cubic meters of gas

Egypt has posted a record in pumping out 2.7 billion cubic meters of gas per day at Zohr gas field...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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State Grid Corporation of China opens first office in UAE

Dubai, UAE: State Grid Corporation of China (SGCC), the largest utility company in the world, has expanded its presence in...
  • State Grid Corporation of China (SGCC), the largest utility company in the world, opened the office in Dubai International Financial Centre.
  • The SGCC has invested in utilities in Oman as well as internationally in Italy, Portugal, Greece and the Philippines.

UAE launches net-zero drive for firms

The Ministry of Climate Change and Environment (MoCCAE) Monday launched the UAE Climate-Responsible Companies Pledge. The pledge aims to increase...
  • The pledge aims to increase the engagement of the private sector in the country’s decarbonization drive
  • The pledge forms the basis of future collaborations between the private sector, non-governmental organizations (NGO) and international organizations.

ADRO, ADGM ink deal to enhance ease of digital visa access

Abu Dhabi, UAE - Abu Dhabi Residents Office (ADRO) and Abu Dhabi Global Market (ADGM) have signed a deal to...
  • ADGM will also provide ADRO a list of global companies to provide exclusive benefits for the Abu Dhabi Golden Visa holders.
  • The two parties will collaborate to highlight the strategic initiatives of ADRO, including the promotion of the Abu Dhabi Golden Visa and other initiatives locally and globally.