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 Kuwaiti cabinet has instructed the Public Authority for Agricultural Affairs and Fish Resources to plan for this.

    The Kuwaiti cabinet has also ordered the parks authority to allocate plots for organizing entertainment activities and events

    These will happen in the agricultural areas of Al-Wafra in the south and Al-Abdali in the north

  • The UAE continues to enjoy high financial solvency as well as a strong credit profile, minister of finance Sheikh Maktoum...

    Al Maktoum's statement comes as the Ministry of Finance confirms the issuance of a multi-trance bond offering.

    The new bond package, comprising of tranches of 10, 20 and 40 years, will be issued for a subscription.

  • In terms of re-exports, DAFZA grew 24 percent to total AED40.8 billion, representing 20.5 percent of Dubai's total non-oil foreign...

    In terms of re-exports, DAFZA grew 24 percent to total AED40.8 billion, representing 20.5 percent of Dubai's total non-oil foreign trade

    As for commercial partners, China came in first at 30 percent with a trade value of AED23 billion

  • The Abu Dhabi Development Fund received a delegation from the Central Bank of Egypt.

    Since it commenced its activities in Egypt in 1974, ADFD has funded more than 75 strategic projects in the country

    Spanning several sectors, they have with a total value of approximately AED3.3 billion (around $900 million)

  • Mubadala is biggest shareholder of asset manager Investcorp.

    Bahrain-based Investcorp has acquired 89 industrial properties across four major US markets

    The real estate acquired is approximately 2.2 million square feet, for a total of $380 million

  • Abu Dhabi-based renewable energy company Masdar on Thursday announced it will develop five solar photovoltaic (PV) projects in Iraq with...

    The solar photovoltaic projects will be developed in Dhi Qar, Ramadi, Mosul and Amarah areas.

    Iraq, the second-largest OPEC oil producer, is aiming at 20 to 25 percent of renewables in power production.

  • The region is also fast adopting modern agricultural practices such as vertical farming, hydroponics, greenhouse vegetable production to grow more...

    Urea demand is projected to grow close to two percent per year from 2018 to 2025.

    Governments are turning to the private sector to help finance desalination projects to meet water needs.

  • Saudi Arabia banned the major broadcaster, which holds the rights to the English Premier League (EPL) and other top competitions,...

    Riyadh was seeking to settle Qatar's $1 billion arbitration claim over pirate broadcasts to Saudi audiences by the BeoutQ network

    Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt cut ties with Doha over allegations it supported extremists and was too close to Iran

  • The merger creates the UAE’s largest steel and building material company.

    The transaction provides significant revenue diversification for the Combined Group

    Arkan issued to Senaat a convertible instrument, which converted into 5.1 billion ordinary Arkan shares

  • Europe's reference Dutch TTF gas price hit 162.12 euros per megawatt hour and UK prices leapt to 407.82 pence per...

    Europe's reference Dutch TTF gas price hit 162.12 euros per megawatt hour and UK prices leapt to 407.82 pence per therm in morning deals

    Soaring gas prices -- coupled with oil which has struck multi-year highs -- have fuelled fears over spiking inflation and rocketing domestic energy bills