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.
  • The company's third-quarter revenue grew by 8% to $5.80 billion.

    Net income for the quarter increased by 13 percent quarter-on-quarter (Q-o-Q) to $1.116 billion.

    ADNOC Gas expects to pay its inaugural interim cash dividend of $1.625 billion with payments commencing on 14 December 2023.

  • Dubai, UAE--Dubai Airports is expecting annual passenger traffic at Dubai International (DXB) to touch 86.8 million – surpassing 2019 traffic,...

    It forecasts annual passenger traffic at Dubai International (DXB) to touch 86.8 million, crossing 2019 traffic, propelled by strong growth

    Some 23m passengers passed through the airport in Q3, taking the total traffic for the first nine months of the year to 64.5m passengers

  • Tehran, Iran-- Iran is linking up its electricity grids with Russia via Azerbaijan in order to make up for its...

    The Iranian minister said feasibility studies for connecting power grids have been conducted through three routes including Georgia, Azerbaijan, and Turkmenistan

    He said the use of electricity in Iran’s industrial sector has exceeded that of the household sector for the first time in the history of the country’s power industry

  • In-app shopping will be available for select products advertised on Snapchat and sold at Amazon, the spokesperson added. People will...

    Snapchat-parent Snap shares shot up more than 7 percent on the news, ending the formal trading day at $12.15 per share

    Snap and Amazon last year unveiled a collaboration that let Snapchat users "try on" eyeglasses using AR then buy those they liked at Amazon

  • It posted a 189% jump in revenue in Q3 to US$1.15bn.

    Its EBITDA rose by 28% YoY to $207 million during the third quarter, largely supported by the acquisition of Noatum and Karachi Gateway Terminal

    The company said that the negative net operating cash flows of $158 million were impacted by a temporary deterioration in working capital

  • Washington, US--Google has warned users against trying to obtain its Cold generative artificial intelligence (AI) model from external sources currently...

    According to Google the download delivers malware to victims, stealing sensitive data and starts from a user's social media accounts

    The company is working on Bard tools to integrate them into many of the different services it provides from search engine to Pixel phones

  • The expected injection of billions of dollars into the retail business through sale of varied items can turn out to...

    In 2021, Black Friday sales notched up $61 billion, followed by a further upswing in sales to $70 billion in 2022, and this year sales are expected to cross the figure

    According to several experts, the annual event continues to draw consumers across the GCC, with nearly 85 percent of them expected to participate in Black Friday

  • The expected injection of billions of dollars into the retail business through sale of varied items can turn out to...

    In 2021, Black Friday sales notched up $61 billion, followed by a further upswing in sales to $70 billion in 2022, and this year sales are expected to cross the figure

    According to several experts, the annual event continues to draw consumers across the GCC, with nearly 85 percent of them expected to participate in Black Friday

  • The transaction is worth $3.2 billion, reports say.

    Airbus commercial director Christian Scherer told a news conference the deal marked "an important milestone" in the "long and successful partnership" with EgyptAir

    Airbus, which on Monday announced an order for 30 A220-300s from Latvian budget carrier airBaltic, has been overshadowed by US rival Boeing at this year's Dubai Airshow

  • Dubai, UAE - UAE's Tawazun Council, an independent government entity that works closely with the Ministry of Defense and security...

    Four contracts were signed by Tawazun Council on behalf of the Ministry of Defense with local companies, totaling AED 2.7 billion ($740m)

    A contract was signed with “Air Dynamics Solutions” to provide Technical Support and Purchase of Spare Parts and Repair of Aircrafts.