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 Arabia has lifted the ban on the entry of foreigners from 20 countries, six months after the kingdom declared...

    The Ministry of Foreign Affairs’ agency for consular affairs said the decision only applied to expats who were fully vaccinated in Saudi Arabia before they departed for their home

    Expats wanting to return to the Kingdom should undergo all health measures to ensure they were free from infection, the agency added

  • During the current financial year, the International Finance Corporation (IFC), a member of the World Bank group, provided financing worth...

    IFC's financing included $2.9 billion in short-term finance and $4.2 billion in mobilization

    The funds helped small businesses access finance, connect people and businesses to reliable digital infrastructure, trade and services

  • The World FZO is a non-governmental, non-profit entity based in Dubai in the United Arab Emirates.

    Chabahar is Iran's only oceanic port on the Gulf of Oman

    It can from now on participate in the decisions and events of the World FZO

  • Boats used for marine services at Abu Dhabi petroleum ports.

    All six vessels contracted from Sharjah-based Albwardy Damen.

    ADNOC L&S says it is in the midst of strategic expansion program.

  • The social media app will expand into e-commerce in partnership with Shopify

    The social media app will expand into e-commerce in partnership with Shopify

    The news comes amid rising interest in "social commerce" that is expected to be worth some $36 billion in the US this year

  • The tech giant is South Korea's largest conglomerate and its overall turnover is equivalent to a fifth of the national...

    The tech giant is South Korea's largest conglomerate and its overall turnover is equivalent to a fifth of the national gross domestic product

    Samsung Electronics, the flagship subsidiary of the Samsung Group, is the world's biggest smartphone maker

  • The global aviation industry has been booming for the last few decades now. But the unprecedented growth in jets flying...

    The aviation sector generates 2-3% of global carbon emissions

    Industry leaders pledged to halve net CO2 emissions to 2005 levels by 2050

  • Nearly half of Bahrain’s wealth, of $69 billion, is possessed by its super-rich citizens, according to Boston Consulting Group (BCG).

    Ultra high-net-worth individuals (UHNWIs), who are valued at $100m or more are expected to own 44pc of overall financial wealth in the kingdom by 2025

    the upper high-net-worth ($20m to $100m) and lower high-net-worth ($1m to $20m) individuals are expected to own 9pc and 15pc of financial wealth in the kingdom respectively by 2025

  • The regulation will look to limit the maximum number of cars non-Kuwaiti residents in the country can own.

    Local authorities were recently alerted to people in the country with up to 50 vehicles in their names

    These people were apparently trading in used cars without a proper license

  • Failing to take guarantees is a violation of the requirements and controls regulating the granting of loans, said the department.

    In many cases already filed, courts found the guarantee provided by a borrower not proportional to the value of the loan

    In some other cases, banks apparently disbursed money against the borrower’s guarantee or his identification papers only