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.

Saudi food giant Savola acquires UAE’s Bayara

Saudi Arabia’s Savola Group has signed a deal to acquire UAE’s Bayara Holding for $260 million.

Saudi lawsuits threaten to expose US govt secrets

Legal battle between MBS and Aljabri takes a new twist Washington is likely to consider a rare judicial intervention Two...

Syria govt raises bread, diesel prices as crisis deepens

The price of diesel fuel nearly triples and the price of bread doubles The move brings more pain for civilians...

Branson finally heads for space 17 years after founding Virgin Galactic

Virgin Galactic boss is hoping to finally get the nascent space tourism industry off the ground Branson's official role is...

Iran railway company denies cyber attack

Iran's national railway company on Saturday denied having been hit by a cyber attack following reports of disruptions at train...

Fuelling troubles: Row puts Gulf powers on diverging paths

A public row between Saudi Arabia and the UAE has exposed the steadily diverging paths of once inseparable allies who...

Bahrain to ban plastic water bottles of less than 200ml

The move aimed at reducing plastic waste – and the resultant pollution – across the country The ban will be...

Morocco to acquire two Italian multipurpose frigates

The vessels Morocco is interested in are European multi-purpose frigates, better known as FREMM, an acronym derived from their French-language...

Dubai dermatology meet sees business deals worth $156.4 million

Dubai Derma Executive Chairman Dr Abdul Salam Al Madani said this year's event records 15% rise in deals over the...

Qatar to resume issuing family, tourist visas from July 12

The decision is based on the recommendations of the Ministry of Public Health following the Covid-19 developments The move is...

UAE launches National Genome Strategy for healthcare efficiency

Genome programs will also help create new economic opportunities in the UAE by attracting partnerships in fields such as artificial...

Company News

Latest News

DGCX licensed brokerage firms can now become DFM derivatives members

Dubai Financial Market (DFM) said Monday that it has obtained the approval of the Securities and Commodities Authority (SCA) to...

Oil prices fall as Aramco signals plan to raise crude production

Oil prices slipped in Asian trade, with both main contracts down around two percent as the stuttering Chinese economic recovery...

Solutions by stc to buy Giza

The 89.49% stake in Giza Systems will cost it $158m.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Saudi economy, GDP see upswing in H1 2022

Real GDP increased at a growth rate of 11.8% in Q2 2022, driven by the significant increase in oil activities...
  • The report says Saudi Arabia's economy and GDP are on an upswing due to several factors
  • Even the World Economic Outlook July 2022 projected the Kingdom to record highest GDP growth among G20 countries.

IGCF 2022 to be held on September 28, 29

The forum will analyse the socioeconomic and community trends that will determine the next stage of government communications regionally and...
  • The forum will analyse the socioeconomic and community trends that will determine the next stage of government communications regionally and around the world
  • It will also spotlight the latest tools and methodologies governments can leverage to communicate with the public during unforeseen or unusual circumstances

Halwani Bros’ profit falls by 65%

The profit fell to $5m in HI due to rising cost of raw materials.
  • The food company said the devaluation of the Egyptian currency also weighed on profits from its subsidiary in Egypt
  • The rising raw material costs and increased marketing costs due to global inflation were also responsible for weaker financial results