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.

  • Lima, Peru - The UAE and Peru signed an air services agreement for cooperation between the two countries and promote...

    UAE investments in Peru over the last five years exceeded US$700 million, while intra-trade reached US$4.4 billion in the same period.

    UAE official said the deal will contribute to the growth of trade exchange in a manner that supports development in both the countries.

  • Riyadh, Saudi Arabia -- Saudi Arabia's livestock imports during the current Hijri year increased by 40 percent compared to the...

    Since the beginning of this month, a total of 700,000 imported head of livestock have been cleared by the ministry at Jeddah Islamic Port.

    The ministry said it expects half a million more head to arrive in the coming days, in preparation for this year's Hajj season.

  • The strategic partnerships between the two sides seek to focus on peace, security, stability, integration, and economic prosperity in the...

    The strategic partnerships between the two sides aim at focusing mainly on peace, security, stability, integration, and economic prosperity in the Middle East.

    Beside supporting Yemeni peace efforts and humanitarian needs, the US and GCC also make a commitment to freedom of navigation and maritime security in the Gulf region.

  • ABU DHABI, UAE -  The Emirates Nuclear Energy Corporation (ENEC) has announced that Unit 4, the fourth and final unit...

    Barakah Plant has had a transformational impact on the UAE, spearheading the rapid decarbonization of the UAE’s power sector.

    Unit 4 will raise the Barakah Plant’s total clean electricity generation capacity to 5.6GW, equivalent to 25 percent of UAE’s electricity needs.

  • It will slash up to 8,000 jobs in order to reduce costs.

    Autoliv said the cuts would be made globally but "particularly within its European operations" and 6,000 would be "direct positions" while 2,000 would be "indirect positions"

    For the first quarter of 2023, net sales of the Swedish-American company grew by 17 percent to $2.5 billion, while its net profit fell by 11 percent to $74 million

  • The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second...

    The worse-than-expected figures come as inflation and higher interest rates have curbed demand in Europe's largest economy.

    Two consecutive quarters of shrinking gross domestic product is the threshold for a technical recession.

  • Sharjah, UAE - Sharjah Taxi reports successful transport of 1.465 million passengers during the first quarter of 2023. With a...

    With a fleet of 750 vehicles of various models and brands, the company remains committed to ensuring passenger satisfaction, safety, and comfort

    Khalid Al Kindi, the Executive Director of Sharjah Taxi, emphasized the company's commitment to providing innovative services and prioritizing luxury experiences

  • The romance of a Barcelona return and prospect of eye-watering riches in Saudi Arabia fell by the wayside as Messi...

    MLS and Inter Miami confirmed Messi's announcement on social media, although the American league noted "work remains to finalise a formal agreement"

    In their first game since Messi's announcement on Wednesday, Miami defeated Alabama non-league side Birmingham Legion 1-0 in the US Open Cup to reach the semi-finals

  • The debut comes as an array of agencies and organizations grow disenchanted with Elon Musk-owned Twitter in the face of...

    Meta said WhatsApp's priority will continue to be private messaging, but that users have been asking for a feature like Channels for years

    Meta said it is exploring the option of making encrypted channels available for groups such as nonprofits or health organizations

  • The countervailing movements, according to analysts, were evidence of a rotation away from the tech-dominated winners from the earliest part...

    After a stretch in which markets were dominated by worries of a potential debt default followed by relief at a fiscal agreement, this week's news flow has been much slower

    Among individual companies, shares of Warner Bros. Discovery gained 8.4 percent as it announced that embattled CNN news chief Chris Licht had stepped down