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.
  • Hong Kong, China - Asian markets fell Wednesday in line with a sell-off across most of the world as traders took...

    On Wall Street, the Nasdaq slumped 1.6 percent and the S&P 500 was also in the red, though the Dow enjoyed a small gain

    And the negative mood continued in Asia, where Hong Kong, Sydney, Seoul and Taipei were among the biggest losers

  • Dubai, UAE - The UAE has issued a law establishing ‘Parkin’, a public joint stock company (PJSC) that will oversee...

    Parkin PJSC is likely to be tasked with creating, planning, designing, operating and managing public parking spaces

    The newly established company will have financial, administrative and legal autonomy to fulfil its responsibilities

  • Dubai, UAE -- The total number of homes available for sale in Dubai’s Burj Khalifa declined by 52 percent during...

    Burj Khalifa homes available for sale dropped 52% in 2023, but total deals climbed 22%, reflecting long-term investor interest.

    Dubai prime residential prices soared 16% in 2023, making it one of the world's most "affordable" luxury markets.

  • Riyadh, Saudi Arabia -- ROSHN Group has been recently recognized as "The Best Place to Work in Saudi Arabia" for...

    ROSHN achieved its ranking based on anonymous surveys conducted by the Best Places to Work group

    ROSHN Group was certified by the organization in 2021, 2022 and 2023, securing the top position in 2022 and 2023

  • Riyadh, Saudi Arabia-- The Saudi Ports Authority also known as Mawani strengthened the maritime and logistics sectors with an investment...

    The investment into the maritime and logistics sectors corresponds with the targets of the National Transport and Logistics Strategy

    The authority signed several agreements in 2023 to establish 5 new logistics parks and centers, with investments exceeding $1.06 billion

  • Tesla's stock slipped after the news was announced.

    Despite losing its quarterly sales crown, Tesla was still top on an annual basis, delivering more than 1.8 million EVs to customers in the year to December

    "Tesla sales is likely to be boosted by the introduction of its "long-promised mass market EV model later this year," says Garrett Nelson, an equity analyst at CFRA Research

  • Doha, Qatar--The Qatar Development Bank's Export Development and Promotion Agency (Tasdeer), a subsidiary of the Qatar Development Bank, announced an...

    According to the agency, some 260 Qatari exporters and 130 companies took part in eight international exhibitions during the past year

    The trade missions undertaken by Qatari companies to Iraq and India generated deals worth approximately $57.41m and $31.31m respectively

  • "Our achievements demonstrate that traditional approaches no longer suffice in the rapidly evolving global market. We have embraced change, not...

    In 2023, AD Ports Group achieved a 116% revenue surge and expanded globally, notably through the strategic acquisition of Noatum, enhancing its global market presence.

    The group's expansion into African markets with a 30-year concession in Congo and a US$2 billion corporate facility agreement underscore its strong financial standing.

  • The Al Wasl field is its first oil discovery in Egypt.

    Dragon Oil discovered the Al Wasl field, “North Safa” in 2021, making it the largest oil discovery in the Gulf of Suez region during the last twenty years

    The oil company will begin setting up a new offshore production platform, extending a production line and an electricity line to operate oil pumps

  • The Gulf real estate sector demonstrates remarkable resilience, buoyed by strategic economic diversification and a focus on sustainable and innovative...

    The Gulf real estate sector demonstrates remarkable resilience, buoyed by strategic economic diversification and a focus on sustainable and innovative urban development.

    Dubai's real estate market experienced a significant surge, with substantial growth in transactions and a continued appeal for foreign investors, despite global uncertainties.