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 decision is said to be based on an agreement with Iraq, and apparently follows prior notification. Iran used to...

    Iran notified the Iraqi side about this reduction two weeks ago

    This export cut will continue for up to six months

  • The port, to be operated by Shanghai International Port Group, is expected to bring competition to a sector plagued by...

    It is expected to enable larger classes of cargo ships, carrying 18,000 containers or more, to dock in Israel

    About 99 percent of all goods move in and out of Israel over sea, and an upgrade is needed to maintain economic growth

  • IsDB also contributed to Covid-19 relief in 2020, where it approved financing of around $2.3 billion.

    IsDB gave out around $6.8 billion to various nations last year

    Egypt’s share in that, at $1.13 billion, amounted to around 17 percent

  • The DLD weekly report said 146 plots were sold for AED 2.26 billion, 1,080 apartments and villas were sold for...

    The DLD weekly report said 146 plots were sold for AED 2.26 billion, 1,080 apartments and villas were sold for AED 2.25 billion

    Jabal Ali First recorded the most transactions for this week with 40 sales transactions worth AED 89.57 million, followed by Ras Al Khor with 30 sales

  • The consortium consists of Siemens Mobility, Arab Contractors, and Orascom Construction. Egypt’s National Authority for Tunnels has chosen the consortium...

    The project is expected to link two cities that are about 660km apart

    Orascom estimates that the project will create 15,000 direct jobs

  • Aleppo, long considered one of Syria's main commercial hubs, has lost many of the merchants and businessmen who once gave...

    Aleppo, long considered one of Syria's main commercial hubs, has lost many of the merchants and businessmen who once gave the city its economic edge

    The vast souks, the oldest of their kind in the world, stretch from the western part of the Old City to the gates of the citadel in the east

  • The UAE government's recent decision to slash the fee to set up a business by 94% to US$272 is expected...

    The UAE Government has slashed the fees for setting up a business by about 94% to only US$272 (AED 1,000)

    In A T Kearny’s FDI Confidence Index 2021, the UAE gained four places – from 19th rank in 2020 to 15th rank in 2021

  • EQT Private Equity has bought it from the Bahrain-based asset manager.

    The transaction was first announced on June 28, 2021

    The Bahrain-based asset manager had acquired PRO Unlimited in October 2014

  • The new national airline is a joint venture between ANIF and Air Arabia.

    The name was chosen by the joint venture company from over 500 suggestions

    ANIF and Air Arabia Group had agreed to launch Armenia’s new national airline in July 2021

  • The Saudi utility developer -- half-owned by the the Kingdom's Public Investment Fund, plans to issue 85.3 million shares --...

    Only about 81.2 million shares, representing 11.1 percent of the company, will be offered to the public

    A bidding and book building process for institutions will start on September 15 and end on September 27