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.
  • Tehran, Iran-- Trade between Iran and Azerbaijan has registered a 46 percent jump in 2022, according to the deputy prime...

    The deputy PM was speaking at the inauguration ceremony of the new Astara-Astara border bridge

    He said the two countries would see significant growth in the transit sector in the coming years

  • Abu Dhabi, UAE--Sheikh Zayed Festival is witnessing a large public turnout from citizens, residents and tourists from all over the...

    The Heritage Village saw a huge crowd of visitors buying products made by Emirati families, boosting the businesses and industries

    Visitors can avail discounts on a wide range of products across all pavilions and sections, in addition to having new food experiences

  • ABU DHABI, UAE - The prices of petrol and diesel are set to decrease in the country in January following...

    This change reflects a continuous trend observed in the fuel prices over the past few months.

    September and October witnessing increases and November and December seeing reductions.

  • Abu Dhabi, UAE -- The UAE is bidding farewell to 2023, dubbed the ‘Year of Sustainability'. From hosting the relatively...

    UAE launched ALTÉRRA, the world’s largest private investment climate action vehicle, aimed at raising and mobilizing an additional $250bn for climate action.

    Despite global headwinds, CBUAE projects 3.3 percent year-on-year growth projected for the UAE economy in 2024.

  • Riyadh, Saudi Arabia -- Nearly 45.8 percent of employees in Saudi Arabia work more than 40 hours per week and...

    Figures also show that 46.6 percent of employees have received training on health and safety procedures, and 48.7 percent have health and safety departments in their workplace.

    Data also shows that 7.8 percent of employees deal directly or indirectly with chemicals, medical waste, radioactive materials or toxic gases.

  • The bank will absolve Amiantit of all its financial obligations.

    The debt being cleared constitutes approximately 50 percent of the total liabilities that Amiantit owes to various banks.

    Preliminary estimates suggest the company will recognize profits worth US$128 million as a result of this settlement.

  • COPENHAGEN, DENMARK - Shipping giant Maersk said on Sunday it was suspending the passage of vessels through a key Red Sea...

    The Maersk Hangzhou, a Singapore-flagged, Denmark-owned container vessel reported being struck by a missile while transiting the Bab al-Mandab Strait.

    It appeared to be undamaged in that attack and "was able to continue its transit north", said Maersk, one of the world's largest shipping companies.

  • Omar bin Fahd Al-Sunaidi's term will extend until Jun 2026.

    The decision was made at the firm’s Fourth Ordinary General Assembly meeting.

    The assembly concluded with the appointment of PricewaterhouseCoopers (PwC) as the auditor for the Company's 2024 fiscal year.

  • The corridor was created in August to link Ukraine's ports to the Bosphorus Straits, several weeks after Moscow refused to...

    Ukraine, on the Black Sea, has pushed Russia's much larger navy away from its coasts, allowing the resumption of grain exports

    Russia had threatened to target ships arriving and leaving Ukrainian ports, and has attacked port and grain storage facilities

  • Manama, Bahrain-- The GCC Commercial Arbitration Centre has started to harness AI techniques, according to its secretary general, Dr. Kamal...

    The initiative aligns with the prevailing trends of leveraging technologies in digital transformation and fostering development across diverse sectors

    Al Hamad said that around 92 percent of legal institutions and judicial bodies in the world plan to increase their use of AI in legislative and legal case analysis