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.

Sharjah okays Genetic Coding Program to classify emirate’s biodiversity

Sharjah, UAE - The Sharjah Executive Council (SEC) approved Tuesday the "Genetic Coding Programme" project to classify biodiversity in Sharjah,...

RAK Properties net profit rises 348% to AED120m in H1

Revenues of the UAE-based real estate firm, which is listed on the Abu Dhabi Stock Exchange, grew by 121 percent...

Tunisia: Two MPs opposed to president held

Maher Zid and Mohamed Affes of Al-Karama have been placed in provisional detention in connection with a military investigation.

Three Hezbollah among five dead in Lebanon funeral ambush

Several people were wounded in the exchange of fire in the Khalde area between members of the Lebanese Shiite group...

Etihad: Flight ban from India, Pakistan may stretch beyond Aug 7

Etihad extends suspension of passenger travel from India, Pakistan, Bangladesh, Sri Lanka from Aug 2 to Aug 7.
  • Etihad extends suspension of passenger travel from four South Asian countries from Aug 2 to Aug 7.
  • Emirates said on Friday it was reviewing plans to resume flights from India, Pakistan from Aug 8.

Alba Q2 profit jumps 665% to $246m

Aluminium Bahrain posted Q2 2021 profit of BD92.6 m after loss in 2020 .

Engie roped in for energy-efficiency project at Riyadh airport

The project is aimed at reducing energy demand and costs at the airport and ensuring reliable supply through clean and...

Covid-19 infection: 12 die in Saudi Arabia, two in UAE

The total number of recoveries in the Kingdom increased to 507,374 after 1,285 more patients recovered from the virus.

Iran says it has freed ‘considerable’ number of arrested water protesters

The move comes barely days after Human Rights Watch urged Iran to unconditionally release all water protesters it had detained.

US gears up to sell 18 military choppers to Israel for $3.4 billion

All 18 choppers are Sikorsky CH-53K King Stallion heavy-lift helicopters, and will come fitted with weaponry provided by Lockheed Martin.

Licenses issued by Ajman rise 117 percent in H1 2021

Bulk of licenses issued to building maintenance activities, restaurants import and export, retail of canned and preserved foodstuffs.

Sharjah okays Genetic Coding Program to classify emirate’s biodiversity

Sharjah, UAE - The Sharjah Executive Council (SEC) approved Tuesday the "Genetic Coding Programme" project to classify biodiversity in Sharjah,...

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Most Gulf nations stare at slow population growth

Except for the UAE and Bahrain, all GCC countries witnessed a steep decline in population. During the pandemic, the region...

Hydrogen policy will help UAE in generating clean energy

Abu Dhabi Department of Energy (DoE) Monday announced that the development of its hydrogen policy and regulatory framework aims to...

UAE’s H1 non-oil trade billion dirhams for first time in its history

The UAE has proven to the world the recovery of international trade after the most difficult pandemic that humanity has...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Raya CX, Zain Saudi sign pact

Raya CX will provide outsourcing services to Zain Saudi Arabia.
  • RAYA CX operates through three branches in Bahrain, Saudi Arabia, and the United Arab Emirates.
  • The partnership reinforces Zain commitment to providing best customer experience, said Sultan bin Abdulaziz Al-Daghthir, CEO of Zain Saudi Arabia.

Saudi Re GWP hits $245 mn

The growth was propelled by a 166% growth in H1 2022.
  • The systemic volatility caused by increased interest rates and foreign currency fluctuations, affected the bottom line
  • Saudi Re maintained a strong financial position with a A3 financial strength rating by Moody’s

ALEC Energy, Stantec sign deal

They will enable firms to achieve UAE Energy Strategy goals.
  • Under the agreement, the two companies will jointly work on projects to establish best practices in buildings design, systems and services.
  • Both companies will also jointly share knowledge with the industry and sponsor events, training programs and workshops with industry stakeholders.