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.

  • Average monthly salaries of Saudi workers have grown by 5.2 percent to SAR 10,490 during the second quarter of 2021,...

    On a quarterly basis, the salaries declined by 1.03% when compared to their level in Q1-21 at SAR 10,600

    Meanwhile, the average monthly salaries paid to expatriates in the kingdom fell by 1.08% YoY to SAR 4,091 in the April-June period

  • YouTube Music trails rivals Spotify, Amazon and Apple. The company said in June it has paid more than $4 billion...

    Spotify had 32 percent of the global music streaming market in the first quarter of this year.

    The overall number of streaming music service subscribers climbed more than 19m to a total of 487m in Q1.

  •  The United Arab Emirates will aim to achieve net-zero emissions by 2050, a plan commensurate with the country’s 2050 Strategic...

    UAE aims to reach net zero greenhouse gas emissions by 2050

    The initiative, announced at Expo 2020 Dubai, aims to underpin dynamic economic growth alongside positive environmental impact

  • FedEx Express is a subsidiary of FedEx Corp.

    FedEx Express will invest more than SAR1.5 billion ($400 million) into the Saudi economy over the next 10 years

    This investment will be through talent management as well as local operations and infrastructure

  • The new policy for Google advertisers, publishers and YouTube creators will prohibit the platforms from helping people make money from...

    The new policy for Google advertisers, publishers and YouTube creators will prohibit the platforms from helping people make money from content that denies climate change

    The internet giant added that the policy change aligns with efforts by the company to promote sustainable practices and confront climate change

  • Before the pandemic, around 75 percent of the tourist traffic between Brazil and the Middle East were to and from...

    These will be direct flights from the UAE to Brazil’s Amazon and the Northeast regions

    Brazil’s tourism minister has said more Brazilians would love to visit the UAE once the new flights are launched

  • The network, called the AD SME Tribe, will enable the growth of enterprises through community-focused guidance.

    The new initiative reportedly aims to create a dedicated community through which SMEs can connect with stakeholders

    These stakeholders may include service providers, policymakers, and Abu Dhabi’s priority sector leaders

  • Real estate and property transactions worth AED 7.1 billion ($1.93 billion) were recorded in Dubai during the week ending October...

    A plot of land sold for AED 33 million in Hadaeq Sheikh Mohammed Bin Rashid.

    The highest number of transactions, valued at AED 126.61 million, were recorded in Al Hebiah Third.

  • Brazil's tourism minister has said the country is planning to attract about a million tourists from the Middle East in...

    Brazil is in touch with Emirati officials for operating more direct flights to Amazon and northeast regions, says tourism minister.

    Annual outbound and inbound tourist traffic from Brazil to the Middle East is around 125,000 and 120,000 respectively at present.

  • The company expects its operating profits at 15.8 trillion

    The world's biggest smartphone maker said it expected its operating profits to reach around 15.8 trillion won ($13.3 billion) in a regulatory filing, up 27.9 percent year-on-year

    The conglomerate's overall turnover is equivalent to a fifth of the country's gross domestic product