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 Venture Capital Company (SVC) has funded nearly 75 startups since its birth in 2018, providing them with about $250...

    SVC has $750 million to invest and has deployed around $250 million thus far: CEO Nabeel Koshak

    The company is currently focusing on sectors that lack funding, such as the health and industrial sector: Koshak

  • Saudi Arabia has received warm praise about its improved rankings on a number of global lists from the US State...

    It highlights the great progress made by the kingdom in its ‘investment and business climate’ over the past two years

    Efforts to provide more jobs for Saudis and diversify the economy raised some concerns in the annual Investment Climate Statements

  • Saudi Basic Industries Corp. (SABIC) has reported a big jump in second-quarter profit as it sold more chemicals at higher...

    Net profit jumped 57 percent to $2.04 billion in Q2

    Selling prices increased 10 percent, sales volumes rose 3 percent

  • Airlines across the world took a heavy beating from the Covid pandemic lockdown, posting on the whole net losses to...

    IATA said passenger numbers were down 60 percent year-on-year

    The Middle East was the worst impacted, with a 67.6 percent fall in passenger numbers compared to Asia-Pacific, the least impacted with a decrease of 53.4 percent

  • Group CEO says the bank geared towards benefitting from the re-opening of the Dubai economy post Covid-19 pandemic.

    Group CEO says the bank geared towards benefitting from the re-opening of the Dubai economy post Covid-19 pandemic.

    The enhancement of FOL was executed through the Dubai Financial Market.

  • An apartment in Marsa Dubai sold for AED 508 million and properties worth AED 4 billion mortgaged.

    91 plots of land sold for AED 715.83 million and 1,083 apartments and villas for AED 2.53 billion.

    An apartment in Marsa Dubai sold for AED 508 million and properties worth AED 4 billion mortgaged.

  • Businessmen on both sides to exchange knowledge and ideas to create opportunities for collaboration.

    A delegation from Kurdistan region was briefed about investment environment in Fujairah.

    Businessmen on both sides to exchange knowledge and ideas to create opportunities for collaboration.

  • 4,384 real transactions worth AED 11.18 billion made, majority of these in secondary, ready properties.
  • A year after posting billions in losses, Saudi British Bank (SABB), an affiliate of HSBC Holdings, has posted a sizeable...
  • Investors are waiting with bated breath for Saudi Aramco to post its first half results and the expectation is that...