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.
  • Al Qubaisi served as a VP at Mubadala Investment Company.

    ADES, a TAQA subsidiary, is responsible for retrofitting government and commercial buildings.

    TAQA expects the appointment shows its ambition to become a champion for low carbon power.

  • Increased international interest has been a key factor in driving residential transactions to near-record levels. Dubai’s handling of Covid-19 pandemic...

    Residential transaction volume totaled 14,426 units, a rise of 35.48 percent from Q1 2021.

    Palm Jumeirah saw the highest increase in villa rents, at 3.9 percent Q-o-Q.

  • Taking a direct hit from the Covid restrictions, BinDawood, the Saudi supermarket retailer, has reported a 50 percent dip in...

    The retail supermarket said net profit in the quarter ended June 30 was 95 million riyals ($25.33 million),

    The second quarter of last year "benefited enormously from pantry-buying in response to lockdowns"

  • Damac Properties, the Dubai-based developer, posted a net loss of $27.5 percent for the second quarter as compared to the...

    Lower quantum of revenue recognition and product mix impacted adversely

    The better performance of the company has been attributed to improvement in the property market

  • The company will supply dairy products to Address Beach Resort.

    Nestled in the scenic Hajar Mountains overlooking the Gulf of Oman, Address Beach Resort Fujairah officially opened its doors on Jul 15.

    Rumailah Farm currently operates two coffee shops on the UAE’s East Coast, in Fujairah City and Dibba.

  • A total of 465 fintech companies in the region are expected to raise over $2 billion in venture-capital funding, compared...

    The fintech sector in the Middle East has been growing at a Compounded Annual Growth Rate (CAGR) of 30%

    Close to 47% of the fintech deals in 2019 were sealed in the UAE and nearly half of the fintech firms in the region are based in this Gulf country

  • Tamer Group has achieved significant milestones in B2B to support digital fulfillment and enhance its services, chairman Ayman Tamer tells...

    Mumzworld Acquisition will help the Group improve the B2B services and extend the digital journey to include B2C, says Ayman Tamer

    As a Pearl Initiative partner, Tamer Group says it has adopted the best corporate governance and transparency standards

  • Qatar has instructed local producers and manufacturers must use the new Qatari Product logo on all their products. The country’s...

    Qatar’s Ministry of Commerce and Industry unveiled the new logo in December last year, after a competition for it

    The ministry has now urged local producers and manufacturers to stop using the old logo, after a six-month grace period

  • Tawal, the Saudi ICT infrastructure company, is planning to erect about 200 new towers in the kingdom every year, to...

    At NEOM, Tawal has started the construction of 60 new sites that operate entirely on solar energy

    Tawal owns about 15,000 of Saudi's 35,000 telecoms tower

  • Adidas in 2006 acquired Reebok — till then an independent entity with a history that can be traced back to...

    Reebok is the latest big brand under ABG, which already owns Arrow, Brooks Brothers, Forever 21, Sports Illustrated, and Van Heusen

    It also owns the likeness rights or estates to celebrities like Muhammad Ali, Elvis Presley, Shaquille O'Neal, and Marilyn Monroe