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.
  • Saudi Arabia's impressive performance in the 2023 Global AI Index is attributed to its comprehensive National Strategy for AI and...

    Saudi Arabia's impressive performance in the 2023 Global AI Index is attributed to its comprehensive National Strategy for AI and dedicated government agency

    Germany ranks second, while China takes third spot in the Tortoise Intelligence's Government Strategy Index for AI that evaluates 100 criteria across seven indicators

  • Saudi Arabia is investing $500 billion in NEOM, a future city in the northwest, expected to be a hotspot for...

    The $500 billion development on the Red Sea coast, which will include luxury resorts, residential developments, and a nature reserve, is one of the key tourism projects.

    The Kingdom is also developing the UNESCO World Heritage Site of AlUla into a major tourist destination.

  • Israel has approved buying a third squadron of advanced F-35 fighter jets manufactured by Lockheed Martin in a $3-billion deal,...

    In May 2018, Israel's military said it had become the first country to use F-35s in combat.

    The deal to purchase 25 F-35 jets- expected to be signed in coming months - will expand the country's fleet of the aircraft to 75.

  • SHARJAH, UAE - Sharjah International Literary Agency (SILA) has named one of UAE’s top publishing executives, Tamer Said, its next...

    Since its creation in 2020, SILA has boosted communication between publishers, authors, translators, illustrators and other stakeholders.

    SILA also ensures publishers’ and writers’ rights are protected and stimulates the Arabic publishing market.

  • Baghdad, Iraq - Iraq's Ministry of Oil has said that the country's crude oil exports reached over 100 million barrels...
  • BAGHDAD, IRAQ -   Total crude oil exports in June reached over 100 million barrels, the Iraqi government said in a...

    The majority of these exports - amounting to almost 99 million barrels - originated from the oil fields in central and southern Iraq.

    The average daily export volume was pegged at over 3.3 million barrels. The average price per barrel for the month was recorded at $71.11.

  • Dr Gharaibeh attributes Sudan's monetary stability to the localized conflict in Khartoum and increased reliance on local investment, compensating for...

    Dr. Omar Khlaif Gharaibeh identifies localized conflict and reliance on local investment as key factors in maintaining currency stability

    Central Bank of Sudan's role in bolstering confidence in the banking sector is also crucial, adds the Al Al-Bayt University's Associate Professor

  • Dubai, UAE -- Dubai Electricity and Water Authority (DEWA) has developed an in-house, versatile gateway that can connect terrestrial sensors...

    The gateway was developed by DEWA's Research and Development (R&D) Centre as part of the Space-D program.

    The device complies with international IoT device security standards, including OT security, the statement reads.

  • Tehran, Iran-- Iran has earned revenue to the tune of $54 billion last year from the export of oil, according...

    According to the estimate, Saudi Arabia earned the highest net oil export revenue among OPEC members in 2022, standing at $311 billion

    Iraq came second at $131 billion, followed by the United Arab Emirates with $119 billion, and Kuwait came fourth at $98 billion

  • The decision was made "to address extreme levels of data scraping" and "system manipulation" by third-party platforms, Musk said in...

    In the wake of Elon Musk's announcement, "goodbye Twitter" was a trending topic in the United States

    The day before, he had announced that it would no longer be possible to read tweets on the site without an account