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.

Tunisian president suspends parliament, dismisses PM

The country's ruling party, the Islamist-inspired Ennahdha, slams the President Kais Saied’s decision to suspend the parliament as unconstitutional and...

With Hajj over, Saudia mobilizes fleet to fly pilgrims home

The airline has made available around 15,000 seats, 25 additional flights, and 49 flights with larger seat capacity

Algeria to manufacture Chinese Sinovac vaccine

Even as Sinovac will become the second Covid-19 vaccine to be manufactured locally in the country, only 10 percent of...

DEWA commissions 3 new substations costing $11.70m

Courtesy DEWA, World Bank says firms in UAE can get electricity in the shortest time in the world

Sixth Saudi site makes UNESCO heritage list

Hima, in the Gulf state's southwest, is home to one of the largest rock art complexes in the world

France’s Macron calls Israeli PM, urges him to look into spyware allegations

Bennett has defended his government saying the events occurred before he took office in May

Sixth Saudi site listed on UNESCO World Heritage list

The 3000-year-old Hima Najran rock arts site has more than 550 paintings 

Iraq, Lebanon sign deal to swap fuel oil for medical services

Under the deal, Lebanon will receive one million tonnes of fuel oil in exchange for "goods and services", a statement...

Libya steps up Tripoli jab drive as virus caseload rises

The health ministry has set up temporary centres in six districts of the capital, and AFP journalists saw long queues...

Iraq makes arrests in deadly Baghdad-area bombing claimed by Islamic State group

The prime minister Kadhemi did not specify the number of people arrested, but a source at the interior ministry said...

Delegation highlights investment opportunities in Ras Al Khaimah

RAS AL KHAIMAH, UAE - A delegation from Ras Al Khaimah Economic Zone (RAKEZ) has concluded its visit to Russia...

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Saudi, Uzbekistan sign cooperation pact in several energy sectors

Saudi Arabia and Uzbekistan have signed an agreement to develop cooperation and exchange information and experiences in all fields of...

OPEC revises oil demand projection to 3.1mn barrels a day

The recent drop in oil prices reflects global concern over an economic slowdown and “masks physical market fundamentals," says OPEC...

Israel planning renewable energy projects in MENA region

The companies are also developing projects in Morocco, the UAE and Bahrain, along with Egypt and Jordan.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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‘RAK aims to increase number of hotel rooms in 5 years’

CEO of the Ras Al Khaimah Tourism Development Authority (RAKTDA) Raki Phillips said that the emirate’s tourism sector aims to...
  • Ras Al Khaimah plans to increase the number of hotel rooms in the emirate over the next five years to 12,747 rooms
  • The rooms would be provided by over 50 hotels and resorts that offer the highest levels of service to visitors

UAE announces new incentives to support emirati SMEs

The new incentives include classifying up to five enterprises under Tier 1 category per owner, instead of two enterprises, and...
  • The enterprises that will benefit from the new incentives have to be members of accredited funds and programs that support SMEs in the UAE.
  • Empowering SMEs is a strategic priority within the nation’s continuous efforts to develop the business sector in the UAE, said Khalil Al Khoori, an HR official.

Ajman Chamber discuss economic ties with Mexican envoy

Director-General of the Ajman Chamber of Commerce and Industry (ACCI) Salem Al-Suwaidi received Ambassador of Mexico to the UAE Luis...
  • The meeting between DG of Ajman Chamber and Mexican ambassador took place as part of the Chamber's efforts to diversify its external partnerships
  • The two sides discussed economic cooperation and explored trade and investment opportunities between the two countries