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.

Under new president, Tanzania to start vaccine rollout

The move was announced by Health Minister Dorothy Gwajima, who also called for other government leaders to play a role...

Turkey seeks change in UN climate change agreement

Turkey has sought a change in a UN climate framework so it won’t have to supply technology to developing countries

Saudi to extend permits, visas for expats until August 31

Saudi Arabia will automatically extend the validity of residence permits for expatriates outside the country until August 31

L&T wins contract for 132/11kV Dubai substation

L&T’s construction arm has won several orders in India and abroad, including one for a 132/11kV power substation in Dubai

Dewa, Stanford to build PV system at Al Maktoum Solar Park

Dewa and Stanford University will collaborate to develop an advanced system to forecast PV production at the Al Maktoum Solar...

Cyberattack ruled out in third Internet outage in two months

Another massive outage hits internet services on Thursday, July 22, affecting the websites of major companies across the globe.

Saudi Arabia wants to pump ‘every last molecule’ of oil

Energy Minister Abdulaziz bin Salman has said Saudi Arabia will pump out “every last molecule” of oil it has

Tunisia sees significant tourist influx despite rising Covid-19 cases

Tourists are flocking to Tunisia despite the country seeing its biggest surge in the number of Covid-19 cases and deaths

Lebanon water supply could collapse in 4-6 weeks, says Unicef

Unicef has estimated that water supply in Lebanon may collapse altogether over the next month and a half

Lebanon hospitals say they are running out of fuel for life-saving equipment

Hospitals in Lebanon have warned they are running out of fuel to operate life-saving equipment as power cuts continue

UAE’s Rashid Rover to land on Moon on April 25

The Mohammed Bin Rashid Space Center in UAE said that Rashid Rover, onboard the HAKUTO-R Mission 1 Lunar Lander, is...

Company News

Latest News

Al-Othaim posts $37m profit

The retailer said the profit soared due to growth in sales.

G42 launches $10bn technology growth fund

The fund, to be managed by a subsidiary of G42, will invest in late-stage growth companies with disruptive technologies and...

OPEC not responsible for soaring inflation: Secretary-General

“OPEC is not behind this price increase,” said the secretary-general of the the influential group of producers Haitham Al-Ghais. “There...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

UAE scores high in 11 best expatriate destination parameters: Survey

The UAE has exceeded international figures in 11 indexes on the best expatriate destinations based on various factors, which include...
  • German research firm InterNations said UAE achieved advanced positions in four key pillars and 11 indexes, out of five pillars and 17 indexes.
  • About 94 percent of those surveyed felt safe in the UAE while the global rate was under 81 percent.

Number of UAE-based private sector employees grows by 9% in Q2

The Ministry of Human Resources and Emiratisation said in its private sector workforce report that the construction sector accounted for...
  • Twenty-six percent of the total private sector workforce registered with the Ministry are in the construction sector, followed by 21 percent in the trade and repair services.
  • Agriculture sector marked the highest (70 percent) growth in the number of new work permits issued, followed by social and personal services.

UAE, Saudi achieve above 60 percent pre-Covid travel recovery

Travel recovery witnessed in the UAE and Saudi Arabia has been very strong, according to a survey of nearly 2,000...
  • A total of 98 percent of respondents in Saudi Arabia and 95 percent in the United Arab Emirates have used airport lounges in the past. .
  • Passengers from the UAE made an average of four return trips in 2021, which is a 67 percent recovery from the pre-pandemic average number of six return trips.