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.
  • Blue ticks, long free at Twitter, were intended to signal the identity of certain users -- such as journalists, celebrities...

    A coveted status symbol at Twitter before Musk;s takeover, the blue checks have been mocked by some as a sign that the user is willing to pay for special treatment

    Other paid-for features, such as posts longer 280 characters, may still allow other users to identify a Blue subscriber even if their blue tick has been hidden

  • The net profit rose to US$39.21m in H1 of 2023.

    The company's revenue jumped 10.3 percent to $600 million, reflecting a strong volume and value performance from dates

    EBITDA growth was ahead of revenue, up 18.3% year-on-year to $87m, reflecting strong growth in profitability across snacking and water

  • Favoring CBDCs for efficiency, convenience, and security, 63% of MENA residents believe central banks should introduce them, and 73% are...

    Favoring CBDCs for efficiency, convenience, and security, 63% of MENA residents believe central banks should introduce them, and 73% are ready to use them, says a survey

    UAE has emerged as a regional hub as GCC countries differ in cryptocurrency regulation, adds the CFA Institute survey, seeking engagement for successful CBDC implementation

  • Brussels, Belgium - Europe's liquefied natural gas (LNG) imports fell to the lowest level since the start of the Russian...

    LNG deliveries fell 7% in July from a year earlier to 8.6 million tons, the least since November 2021, according to ship-tracking data .

    This drop coincides with a slide in the regions benchmark gas prices, which have slumped more than 80% in the period.

  • Abu Dhabi, UAE - Oman and Etihad Rail Company (OERC) signed a deal with Jindal Shadeed Iron & Steel (Jindal)...

    It will allow Jindal to annually transport up to 4 million tons of raw materials and finished products from its steel complex at Sohar Port to the UAE’s markets.

    OERC will leverage its rail network to support Jindal in optimizing operational integration through facilitated loading and unloading processes.

  • Washington, United States - They are ubiquitous in the United States, controversial in Europe and coveted in South Asia. As heatwaves...

    Air conditioning is responsible for the emission of approximately one billion metric tons of carbon dioxide per year, according to the International Energy Agency (IEA).

    The number of air conditioners in the world, about two billion today, is set to skyrocket as temperatures and incomes rise.

  • The company posted a 15% increase in revenue to $670 million.

    The company acquired seven aircraft (two owned and five managed), while 16 aircraft were sold (10 owned and six managed), it added.

    A total of 64 lease agreements, extensions and amendments were signed -- 48 owned and 16 managed -- while its customers were spread across 60 countries.

  • Sovereigns were the key issuers. Fitch said the pricing of most sukuk and comparable bonds continued to be similar and...

    Most Fitch-rated sukuk are senior unsecured obligations of the issuer and rank equally with other senior unsecured obligations, including bonds.

    Most Fitch-rated sukuk continued to be investment-grade at 79%, with 12.6% of issuers having a Positive Outlook, and 77.5% having a Stable Outlook in Q2.

  • LONDON —Strategically important power and water projects controlled by GCC governments or government-related entities (GRE), are benefitting from the support...

    GCC governments play multiple roles, including offtakers, gas suppliers, grid operators, and land lessors

    Robust contractual provisions include 20- to 30-year fuel supply and offtake agreements with fixed prices.

  • Mubadala will become a minority partner with this investment.

    Aligned offers both Scale Data Centers (colocation) and Build-to-Scale (build-to-suit) solutions to support global hyperscale and enterprise customers.

    The investment is part of Mubadala’s expanding global digital infrastructure portfolio headed by its Executive Director, Mounir Barakat.