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.

Iraqi PM, Lebanese minister discuss economic cooperation

BAGHDAD, IRAQ -  Iraq Prime Minister Muhammad Shia'a Al-Sudani said that the country is continuing regional economic communication. A statement...

Nissan unveils new safety tech in Middle East

The suite is called Nissan Intelligent Mobility or NIM, and is aimed at preventing automotive fatalities.
  • The newest addition to the NIM suite, the ProPILOT, was premiered in the region on the 2021 Nissan Altima
  • ProPILOT can automatically increase or decrease the vehicle’s speed to maintain a set distance from other vehicles

Dubai ropes in Hollywood stars for new tourism drive

Jessica Alba and Zac Efron are part of Dubai’s latest tourism campaign as it eyes global travel recovery and growth.

Abu Dhabi Ports plans uninterrupted gas supply for customers

The system modernization will take place over the next several months as part of a continuous comprehensive zone development plan.

Qatar Airways forced to ground 13 Airbus aircraft over surface issue

The Qatar Civil Aviation Authority has asked the airline to take the step due to a faster deterioration of the...
  • The aircraft will remain grounded till the root cause can be established and a satisfactory solution made available
  • Qatar Airways said in June that it had pulled some of its A350 jets from service until the issue could be understood and fixed

Bahrain invites bids for BIA Cargo Express Village project

The request for proposal has come from the Bahrain Airport Company, with the deadline for submitting the bids being September...
  • The work includes the construction, testing, and commissioning of Phase 1-A of the Cargo Express Village
  • Bids will be open to only Grade A and Grade AA building contractors registered with the Bahrain’s Ministry of Works

4 children killed in Syria regime shelling: monitor

Regime forces have stepped up shelling since June despite a cease-fire deal brokered by Russia and Turkey.
  • Artillery fire hit a residential area in militia-dominated bastion of Idlib.
  • Regime forces have stepped up shelling since June despite a cease-fire deal brokered by Russia and Turkey.

Dubai Economy issues 3,243 trader licenses in H1

Trader License enables freelancers and start-ups to conduct businesses online and across social networking accounts.
  • Trader License enables freelancers and start-ups to conduct businesses online and across social networking accounts.
  • Males account for 63 percent of the licenses issued and IT tops the list of activities.

Middle East’s largest wind farm produces first carbon-free MWh

The project, Saudi Arabia's first, is being developed by leading renewable energy companies EDF Renewable and Masdar.
  • The project, Saudi Arabia's first, is being developed by EDF Renewable and Masdar.
  • On completion, the farm will power about 70,000 Saudi households.

Iran nuclear talks could resume in September: EU

Talks have been happening since April in Vienna to find a way to bring both sides back into full compliance
  • Talks have been happening since April in Vienna to find a way to bring both sides back into full compliance
  • The last round took place on June 20 with no date set for when they would continue. The EU chairs the meetings

Aramco net income rises to $25.5 billion in Q2

Higher oil prices and a recovery in demand, easing of COVID-19 curbs, vaccination campaigns, stimulus measures, and accelerating activity in...
  • The company announces a dividend of $18.8 billion.
  • Higher oil prices and a recovery in worldwide demand, easing of travel restrictions drive the rise in income.

Masdar, IRENA ink pact on tripling global renewable energy capacity by 2030

ABU DHABI, UAE - Masdar has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a...

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Jordan’s power supply to West Bank doubles after Jordan Valley plant’s upgrade

Jordan's Prime Minister emphasized that the project reflects Jordanian commitment to assist in laying the foundation for an independent Palestinian...

RAK DED allots 837 licenses worth $39.48m in H1

The department's report highlighted the fact that professional licenses accounted for 49 percent of total numbering 8,986, followed by commercial...

Kuwait raises oil production to meet growing demand

The increased production is consistent with announcements made by Kuwait Petroleum Corporation.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Abu Dhabi trainee doctors to benefit from Canada healthcare programs

Abu Dhabi's trainee doctor specialists, as part of Emirates academic healthcare training institutions, will now have access to Canada’s accredited...
  • Per an MoU, both entities will exchange knowledge and best practices in the field of healthcare, especially in postgraduate medical education.
  • Both entities will facilitate conversations and exchange experiences that support setting standards for postgraduate medical education and family medicine.

Saudi Arabia’s merchandise exports in June up 75 percent: GASTAT

Saudi Arabia’s merchandise exports during June 2022 increased by more than 75 percent to 148 billion riyals ($39.37 billion) compared...
  • The non-oil exports (including re-exports) rose by 26.8 percent to 30 billion riyals in June 2022, compared to 24 billion riyals in June 2021.
  • The kingdom’s merchandise imports during June 2022 amounted to 60 billion riyals, compared to 47 billion riyals during June 2021, an increase of 28.9 percent.

Palms Sports wins its biggest contract

The 30-month UAE government contract is worth $83.31m.
  • Under the new contract it will provide 350 expert Jiu-Jitsu and close combat instructors in locations across all seven emirates.
  • Palms Sports reported the first half profit of AED47.2 million, a 37 percent increase for the same period last year.