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 for-hire electric scooters that have become ubiquitous in Paris and other cities worldwide will be banned in the French...

    Barcelona outlawed rental scooters on public roads in 2018. Two years later Montreal outlawed all electric scooters, rental and private.

    In London, only rental e-scooters with specific safety features are allowed in the capital. Privately owned devices are illegal.

  • Wells were drilled in onshore, offshore operations.

    The oil and gas wells were put into operation by affiliated companies of the National Iranian Oil Company.

    13 wells were completed 201 days sooner than expected due to round-the-clock efforts of NIDC’s employees.

  • The contract involves MEP works for Al Muhammadiyah Hospital.

    The contract was signed between Zamil Air Conditioning and Refrigeration Services Co. Ltd. and Al Muhammadiyah Hospital for Healthcare Co.

    Sulaiman Al Habib plans to finance the project from its own resources and Shariah-compliant long-term bank loans.

  • Riyadh, Saudi Arabia -- ADES International Holding, an oil and gas driller backed by Saudi Arabia’s sovereign wealth fund, PIF,...

    The offer will comprise 338.7m shares-- 101.62m by ADES Investment Holding, PIF and Zamil Investment, and 237.10m new shares.

    The price range will be announced September 18 and the final offer price will be announced after a book-building process.

  • Abu Dhabi, UAE - Abu Dhabi Islamic Bank (ADIB) has introduced enhanced international transfer features on its mobile app and...

    As the first bank in the UAE to offer discounts on remittance payments using Promo Codes, ADIB aims to transform the app into a one-stop solution for any remittance

    Around 95% of the bank’s remittances occur through digital channels, with most of those transfers directed to the Americas, Europe, the Middle East, and Asia

  • Moscow, Russia - Google's Russian subsidiary is on the brink of bankruptcy as it struggles to cope with its mounting...

    The subsidiary's financial liabilities have now surpassed a staggering $211,579,032

    The company’s ordeal dates back to May 2022 when it declared its intention to file for bankruptcy

  • The resumption of trading came after the company said in a filing on Friday that it had met guidelines set...

    Shares of Evergrande plunged as much as 87 percent during morning trading, slashing its market value from a peak of more than $50 billion in 2017 to less than $600 million

    Company reported fresh losses for the first half of the year amounting to 33 billion yuan-- an improvement on the 66.4 billion yuan in losses reported in same period last year

  • Founded in the southern province of Guangdong in 2015, XPeng is one of dozens of Chinese startups to emerge in...

    In a filing to the Hong Kong Stock Exchange, the car giant said it had reached a deal with Didi to buy that subsidiary for $744 million

    XPeng sold 41,435 vehicles in the first half of 2023, down 40 percent year on year, according to results published this month

  • Dubai, UAE - The Barclay family is reportedly making a bid to regain control of the Telegraph newspaper group. Months...

    The Telegraph's parent companies faced financial turmoil and went into receivership earlier this year

    This situation presented a rare opportunity for investors to step in and acquire one of Britain's most prominent newspaper groups

  • A significant 16% of Middle Eastern organizations have fully implemented Responsible AI policies and processes, a latest report highlights.

    A significant 16% of Middle Eastern organizations have fully implemented Responsible AI policies and processes, a latest report highlights

    With AI-related risks on the rise and the regulatory environment in flux, the onus is on businesses to navigate this terrain with agility