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.
  • The rise was due to the hospitals and pharmacy segments.

    The increase in net profit came as revenues edged up 14.41 percent year-on-year (YoY) to US$2.5 billion (SAR 9.5 billion).

    Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 18.49 percent YoY to US$666 million (SAR 2.5 billion).

  • With this deal, the value of the firm has tripled in 10 months.

    The deal would have the San Francisco-based firm selling existing shares to investors led by Thrive Capital

    The tech firm led a revolution in artificial intelligence when it placed its ChatGPT program online in late 2022

  • Riyadh, Saudi Arabia-- Saudi Arabia is exploring investment opportunities in education and aiming to attract investments to the kingdom from...

    The Saudi education minister explored investment opportunities in education, besides seeking to foster scientific and research collaboration between the two countries

    The visit of the Saudi delegation also looked to consolidate the partnerships between the kingdom's ministry of education and Canadian universities and colleges.

  • Achieving Zero Trust Data Resilience is not an overnight task but a journey requiring organizational alignment, continuous adaptation, and the...

    Zero Trust is a mindset, not a destination, requiring continuous evolution in cybersecurity practices.

    Cybersecurity is an arms race, with the need to adapt and evolve to remain ahead of online threats.

  • BEIRUT, LEBANON - A Lebanese judge has charged four Nissan employees with the theft of documents and devices from the Beirut...

    A lawyer for the company said that the legal action was "unlawful" and that they would seek to have the charges thrown out.

    The Beirut judge has decided to prosecute "four senior Nissan officials" of Japanese, Spanish, French and British nationalities.

  • AMMAN, JORDAN – A total of 35 Jordanian companies are taking part in Gulfood 2024, the world's largest annual food...

    The Jordan Exporters Association is coordinating the country's participation in the event.

    JEA is coordinating local participation in the exhibition for the 20th consecutive time.

  • Under the agreement, AI-generated content could be given a watermark or tagged in the metadata at source, although the signatories...

    Among the 20 signatories of the deal, presented on the sidelines of the Munich Security Conference in Germany, were also X, as well as Snap, Adobe and Linkedin

    The tech companies also said they would also work together to develop ways to "detect and address" deceptive election material on their platforms

  • Abu Dhabi, UAE - Since its launch in June 2022 through mid-February 2024, the Abu Dhabi Judicial Department's (ADJD) Auction...

    The statistics highlight the growing popularity and effectiveness of the ADJD Auction App as a platform for buying and selling various assets remotely.

    Counselor Yousef Saeed Alabri, Undersecretary of the Judicial Department, said that the smart Auction App revolutionized the bidding process for seized property in judicial cases

  • Two emerging construction processes gaining popularity, especially in the MENA region, are 3D printing of concrete structures and offsite construction....

    Building codes evolve to support clean energy, innovative methods, and circular economy principles.

    Emerging technologies like 3D printing and offsite construction optimize efficiency and sustainability.

  • In January 2024, MENA startup funding dropped 34% to US$ 86.5 million across 33 deals, with the UAE leading, followed...

    In January 2024, MENA startup funding dropped 34% to US$ 86.5 million across 33 deals, with the UAE leading, followed by Egypt's recovery and Saudi Arabia's steady input.

    Last month's funding spotlighted travel, fintech, health, and mobility sectors, with Pre-Seed and Seed stages leading, underscoring strong support for early-stage startups.