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.

  • After a year-and-a-half of big film releases placed on hold due to Covid, the CinemaCon trade summit has seen studios...

    After a year-and-a-half of big film releases placed on hold due to Covid, the CinemaCon trade summit has seen studios show off a glut of forthcoming blockbuster offerings

    But beneath the talk of theatrical renaissance is a great deal of uncertainty -- highlighted by the absence from Caesars Palace of Disney

  • They were produced by the United States and Boeing in partnership with Qatar itself.

    The rollout took place on Wednesday in a ceremony at Boeing’s headquarters in the US state of Missouri

    Qatar’s Minister of State for Defense Affairs Khalid bin Mohamed Al Attiyah was in attendance

  • Alibaba Cloud is expected to help promote Saudi Arabia as a tourist destination to travelers in the Chinese market.

    The deal establishes the framework for a collaborative arrangement for Chinese tourists traveling to Saudi Arabia

    The agreement is part of Saudi Arabia’s strategy to employ the latest technology to deliver seamless traveler experiences

  • Siemens Energy expects to kickstart the hydrogen industry in Egypt.

    Siemens Energy and EEHC will pursue the development of a pilot project, comprising 100-200 MW of electrolyzer capacity

    This is will drive early technology deployment, establish a partner landscape, and set up off-take relations, among other things

  • The plant will cost of $3.5 billion and be built in three years.

    The plant will be an integrated facility using 3 GWp of solar and 0.5 GWp of wind energy

    This will be used to produce 2,400 TPD of green ammonia with an annual production of 0.9 million tons

  • The Gulf hotel sector's investments, according to reports, have reached $27 billion. New hotel projects worth $3.5 billion in the...

    Hotel licenses in Saudi Arabia can now be obtained in just 10 days.

    Until March 2021, UAE had 1096 hotels with 181.3 thousand rooms.

  • They will explore ways to boost cross-border payments.

    Visa and AMF’s regional payment platform will design optimal solutions to unlock sustainable opportunities in payment industry.

    Visa said the MoU reinforces its commitment to support the evolution of the Arab region and the vital role digital payments plays in this sphere.

  • Emirates said it had last year set up a humanitarian airbridge with Lebanon, dedicating flights to deliver much needed emergency...

    Increase in allowance to help people carry medical and other goods to Lebanon.

    Shortage of supplies has hit Lebanon, which is undergoing one of the worst economic crises in history.

  • Iran at the moment has electricity exchange with Armenia, Azerbaijan, Iraq, Turkmenistan, and Afghanistan.

    Pakistan is all set to increase its electricity import from Iran to 70 MW

    It will use this power at its under-development Gwadar port

  • Gross credit, which includes which includes loans to residents and non-residents and non-banking financial institutions up by 0.9 percent compared...

    The country's banking sector’s assets reached AED 3.2 trillion in June 2021, up by 0.6 percent compared to a year earlier.

    Total deposits also went up by 2.3 percent to AED 1.9 trillion during the same period.