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.

  • ADIB will facilitate the opening of Shariah-compliant bank accounts.

    This strategic move ensures that businesses have access to banking solutions that align with Islamic principles, ADIB said in a statement.

    ADIB will also provide financing options based on collateral in the form of on-ground operating assets such as real estate, equipment, and machinery, the bank said.

  • Indian carrier IndiGo said it had ordered a 500 A320 airliners from European manufacturer Airbus at the Paris Air Show....

    Airbus boss Guillaume Faury said the signing was "an enormous milestone, to our knowledge and recollection no-one has ever ordered" so many planes at a stroke.

    With an order book now at over 1,300 aircraft, the contract also makes IndiGo Airbus' largest customer for the A320 family.

  • Lifera is a development and manufacturing company.

    Lifera will primarily focus on producing life-saving and essential pharmaceutical products, including insulins, vaccines, plasma therapeutics.

    PIF has also invested in the National Unified Procurement Company (Nupco), a prominent provider of medical procurement, storage, and distribution services for medicines.

  • RIYADH, SAUDI ARABIA -  The combined profit of capital market institutions in Saudi Arabia dropped 19 percent to US$306 million...

    The combined profit of capital market institutions in KSA was S$381 million in Q1 2022.

    Revenues fell 2 percent to US$730 million in Q1 2023 from $744 million in Q1 2022.

  • The partnership involves Tata Power Renewables, Princeton Digital.

    Under the agreement, PDG and Tata Power Renewables have co-invested in a captive power plant that will supply electricity to PDG’s MU1 data center in Airoli, Mumbai.

    First power from the solar plant, located in the Nanded district in the Indian state of Maharashtra, will be generated in June 2023.

  • GENEVA, SWITZERLAND  -  The UAE has signed a cooperation agreement with the International Labor Organization (ILO) to collaborate in labor...

    The agreement, signed by UAE's Ministry of Human Resources and Emiratization, aims to develop the skills and capabilities of inspectors at the ministry.

    The pact enables the ministry's officials to carry out inspections proactively and enhance their capacities in line with the best international practices.

  • Tehran, Iran-- A free trade zone agreement between Iran and the Eurasian Economic Union (EAEU) will be signed before the...

    According to the deputy prime minister, Russia was in talks with "friendly" countries like Egypt, India, Indonesia, and the UAE as they are growing markets

    He said negotiations for an agreement like this were complex and that the negotiators have to take into account a lot of different interest of member states

  • Riyadh, Saudi Arabia-- Saudi Arabia has unveiled its own cruise-line brand called AROYA Cruises to fuel growth in its tourism...

    Saudi Arabia is looking to become a global tourist destination by the end of the decade in line with its goals outlined in Vision 2030

    The Saudi tourism department is aiming to attract 1.3 million cruise visitors by 2035 and providing some 50,000 direct and indiret jobs

  • Equities enjoyed a strong run-up last week, partly on the back of hopes that Beijing would unveil a raft of...

    Tokyo, Hong Kong, Shanghai, Seoul, Mumbai, Singapore, Taipei, Manila, Jakarta, Bangkok and Wellington were all down, though Sydney rose

    Pound will be in view this week as the Bank of England holds its latest policy meeting, with expectations for another hike to battle persistently high inflation

  • Montreal, Canada--The UAE General Civil Aviation Authority (GCAA) and the International Civil Aviation Organisation (ICAO) has signed a joint cooperation agreement...

    The meeting between the two sides discussed training collaboration that aims to support a safe, secure, and sustainable development of the global air transport

    The GCAA and ICAO delegations also reviewed joint initiatives, the most notable of which is Fujairah Air Navigation's accession to ICAO's TRAINAIR PLUS Program