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.
  • It produced 1,620,665 metric tonnes of aluminium in 2023.

    The CEO of Alba said that the company was not just celebrating numbers but the human capital behind "such achievement"

    He expressed his gratitude to the chairman of the board and also members of the board for their support during 2023

  • Companies in the region are leveraging artificial intelligence to enhance customer experiences, streamline operations, and stay competitive in the dynamic...

    Companies in the region are leveraging artificial intelligence to enhance customer experiences, streamline operations, and stay competitive in the dynamic marketplace.

    Driven by Saudi Arabia's 2030 plan and Dubai's Industrial Strategy 2030, the GCC sees a surge in AI adoption, facing regulatory and cybersecurity challenges in the cloud era.

  • The aim is to redefine outdoor media advertising in Abu Dhabi.

    Penguin and SkyBlue will collaborate on key advertising locations, with this being the Malaysian firm’s first move into the Abu Dhabi market.

    This follows an agreement between the Malaysian outdoor advertising company with the Road and Transport Authority (RTA), Dubai.

  • DUBAI, UAE - The New Year began on a high note for Dubai Duty Free with the announcement of an...

    December 2023 finished for Dubai Duty Free with record monthly sales of US$221 million, an 8.37 percent increase compared to 2022.

    It's 40th anniversary celebrations offered a 25 percent discount on December 20 which led to a shopping spree of $14.8 million in 24 hours.

  • Kuwait City - Weyay was recognized as 'Fastest Growing Digital Bank' in Kuwait by Mastercard on the sidelines of the...

    Since its inception as Kuwait’s first digital bank in 2021, Weyay has combined technology with a dynamic design for a seamless and comprehensive banking experience

    Weyay has played a major role in providing banking services to the youth and early career professionals, aligning seamlessly with their tech-centric lifestyles

  • The bank expects to enhance operations with AI tools.

    The bank seeks to leverage technology in order to increase productivity and efficiency in code generation and error identification

    The bank says GitHub Copilot will help empower IT teams to streamline their workflows by harnessing the artificial intelligence

  • The layoffs will reduce costs for the Spanish company.

    The layoffs will happen during the first quarter of 2024 and will mainly involve employees who are 56 years or older

    The Spanish company employs about 16,500 people in its home country, while its global workforce is over 100,000

  • Jeddah, Saudi Arabia — King Abdulaziz International Airport served over 42.7 million passengers in 2023, reflecting a remarkable growth rate...

    The total number of flights reached 250,000, a 25% jump compared to 2022, which recorded 200,000 flights

    Its Terminal 1 ranked first with 179.9 thousand flights, a 16% increase compared to 2022, which recorded 154.6 thousand flights

  • Amman, Jordan--The UAE and Jordan discussed enhancing trade and investment relations in order to stimulate joint economic growth and create...

    The decision to enhance ties came up in a meeting between the UAE's minister of state for foreign trade, and Jordan's prime minister

    Al Zeyoudi said the two countries wish to develop economies driven by innovation and the unhindered exchange of trade and investment

  • Amid market volatility influenced by geopolitical tensions and fluctuating oil prices, pharma, insurance, and healthcare indices led with substantial gains...

    Amid market volatility influenced by geopolitical tensions and fluctuating oil prices, pharma, insurance, and healthcare indices led with substantial gains in 2023.

    In 2023, global equity markets neared record highs, led by the US and Japan, with the Nasdaq index's remarkable surge standing out as a key highlight