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.
  • Dubai, UAE-- More than 15 million people visited Dubai Municipality public parks, neighborhood parks, lakes, and recreational facilities for the...

    The record-breaking trend marks a 50 percent increase in the same period of 2022, which recorded approximately 10 million visitors

    The spike in the number of visitors to the parks and other recreational facilities is made possible by their location and ease of access

  • Abu Dhabi, UAE--Black Cobra Military Supplies (BCMS) and the National Factory for Safety and Security Products (NFFSP) have signed a...

    Aided by the Emirates Defence Companies Council (EDCC), the MoU looks to offer a sustainable platform that supports the strategic goals of the two companies

    NFFSP's CEO said the agreement will enable the two companies to produce modern, high-quality items "that fulfill the needs of the region's military and security forces"

  • Riyadh, Saudi Arabia--The Saudi Export Development Authority organized a trade mission to Japan under the theme of "Saudi Made" in...

    The Saudi Export Development Authority's initiative to organize the campaign in Japan is designed to boost non-oil Saudi exports

    The kingdom's non-oil exports to Japan totaled $438 billion over the past five years (2018-2022), including $99.20 billion last year

  • Revenue for the first half decreased 22% to $222 million.

    Revenue for the first half decreased 22 percent to $222 million compared to $284 million in H1 2022.

    The Group’s production in H1 2023 averaged 59,800 boepd, a 2 percent drop as compared to 61,100 boepd in H1 2022

  • The market share of Hala Taxi service vehicles grew 35%

    The market share of Hala Taxi service vehicles grew 35% in H1 2023 2023, up from 28% in the same period of 2022

    Equally, the number of drivers in this sector soared from 19,000 to 26,000 between these respective periods

  • Its net profit for H1 of 2023 stood at US$11.70 million.

    The company's revenue was $762 million in the first half of 2023, a five percent decline year-on-year

    International Express business reported $101 million in gross profit for H1 2023, a YoY increase of 1%.

  • Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality...

    Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare

    Experts stress the urgent need for regulation and careful consideration of the risks and benefits associated with PMCs in an increasingly complex and conflict-prone world

  • Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality...

    Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare

    Experts stress the urgent need for regulation and careful consideration of the risks and benefits associated with PMCs in an increasingly complex and conflict-prone world

  • TURKU, FINLAND - With cruise bookings seeing a resurgence after the Covid pandemic caused luxury liners to mothball, a Finnish shipyard...

    Royal Caribbean's luxurious new vessel Icon of the Seas is nearing completion in the Turku shipyard on Finland's southwestern coast.

    Resembling a village more than a ship, the mammoth vessel boasts colourful waterparks, more than 20 decks and can carry nearly 10,000 people.

  • Abu Dhabi, UAE - A record 2.4 million tourists visited the UAE during the first six months of 2023, a...

    The emirate’s hotel establishments generated revenues exceeding AED3 billion during the same period, a 26 percent growth compared to last year.

    The hotels also recorded an average occupancy rate of 70 percent, with the average stay in the emirate's hotels being 2.7 nights.