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 -  Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has announced a...

    The initiative will provide a comprehensive package of services designed to support tech, digital startups, SMEs, and MNCs.

    The chamber’s strategy (2022– 2024) is focused on improving the digital business environment, developing support for digital firms.

  • In its UAE Monetary, Banking, and Financial Markets Developments Report for Q1, which provides insights into the monetary and banking...

    Money Supply M1, comprising Currency in Circulation outside Banks and Monetary Deposits, witnessed a 3 percent q-o-q increase during the first quarter of 2023.

    At the end of the first quarter of 2023, there were 22 locally incorporated banks, while the branches of these banks decreased to 494.

  • SHARJAH, UAE -  Sabaa Sanabel wheat flour, made from the wheat produced here, has become the first national product to...

    Sabaa Sanabel wheat flour has met the highest quality and safety standards in force in the UAE, boosting its competitiveness in the market.

    Sabaa Sanabel has obtained five accredited certificates in quality and safety as it does not contain anything that changes its nutritional value.

  • Abu Dhabi, UAE -: Abu Dhabi Future Energy Company, also called, Masdar signed on Sunday an agreement for developing up...

    Masdar is active in more than 40 countries and has invested in a portfolio of renewable energy projects with a combined capacity of more than 20 GW

    In Azerbaijan, Masdar is developing the 230 MW Garadag solar power plant and has signed agreements for onshore wind and solar projects

  • The contract's impact will show in the firm's Q3 financials.

    The company that under the 42-month contract, awarded on April 26, it will support and operate an information technology management program for NCGR.

    The company reported a revenue of SAR 2.7 billion in the first quarter of 2023, an increase of 19 percent from the same quarter last year.

  • The biggest peril of Artificial Intelligence, experts say, is its ability to demolish the boundaries between reality and fiction, handing...

    In a global survey of 7,000 people from nine countries, including the United States, one in four people said they had experienced an AI voice cloning scam

    US officials have warned of a rise in "grandparent scam" -– where an imposter poses as a grandchild in urgent need of money in a distressful situation

  • Tehran, Iran-- Bilateral trade between Iran and Turkey is expected to vault to US$15 billion by 2025 on the back...

    According to the Iranian Customs Authority, the bilateral annual trade between the two countries touched US$13.58 billion up to late March 2023

    During the last financial year, Turkey rose to become the third largest customer of Iranian non-oil exports, with some US$7.45 billon worth of purchases

  • Sharjah, UAE--The Hamriyah Free Zone Authority (HFZA) has signed a deal with Infinite Mining and Energy to set up a...
  • The coming months are likely to be "bumpy", warned UBS chief Sergio Ermotti on Friday, adding the integration will come...

    The merger of Switzerland's two biggest banks will be complex both technically and politically, resulting in a megabank unlike the Swiss have ever seen

    "If the takeover by UBS hadn't succeeded, there would have been an international financial crisis", said Thomas Jordan, chairman of the Swiss National Bank

  • Sharjah, UAE-- The Sharjah Electricity Water and Gas Authority (SEWA) has held talks with a US consulate-general delegation to explore...

    The meeting also touched upon SEWA's initiatives to bring down carbon emissions and fight climate change, besides discussing the upcoming COP28 conference

    The two sides also explored potential partnerships between SEWA and American companies in innovation and sustainable development