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.
  • The plan will boost Abu Dhabi's tourism market.

    The airline CEO Adel Al Ali said that since tourism is one of the key pillars of the UAE economy, the doubling of fleet will support the current inbound tourism

    He added that last year some 15.9 million travelers passed through Abu Dhabi, nearly a threefold increase in the number of visitors from 5.26 million in 2021

  • Apple Spatial Computing

    CUPERTINO, California: Apple on Monday unveiled Apple Vision Pro, a spatial computer that seamlessly blends digital content with the physical...

    Apple CEO Tim Cook says: “Today marks the beginning of a new era for computing."

    The breakthrough design of Vision Pro features an ultra-high-resolution display system that packs 23 million pixels.

  • ISTANBUL, TURKEY - The chairman of Turkish Airlines said Monday that the company will make a final decision on plans for...

    The airline is in talks with US aircraft maker Boeing and its European rival Airbus to purchase 400 single-aisle planes along with 200 jumbo jets.

    If the purchases involves firm orders, it would be the biggest in the history of civil aviation, beating the 470-plane order by Air India in February.

  • The European Commission announced May 27 that Twitter had decided to leave the code of practice, to which other major...

    "We believe this is a mistake of Twitter. Twitter has chosen the hard way. They chose confrontation," commissioner Vera Jourova said.

    She said Twitter's compliance with the new Digital Services Act (DSA) entering force on August 25 "will be scrutinized... vigorously and urgently".

  • Dubai, UAE -- Dubai Multi Commodities Centre (DMCC) Monday announced a partnership with Dubai-headquartered cryptocurrency exchange Bybit, in which the...

    Bybit will provide financial support totaling AED 500,000 for new crypto businesses looking to set up at the region’s community of Web3 and blockchain businesses – the DMCC Crypto.

    The partnership will bring Bybit Services to Crypto Centre members. Bybit is the world’s third most visited crypto exchange with over 15 million users.

  • Tourism and Finance were the next flourishing sectors named in the poll in which the majority of the respondents were...

    While 33 percent were between 30 and 39 years, 14.5 were between 40 and 49 years, and only 13.7 percent were above 50 years old.

    Developing the region's digital job market has the potential to generate 1.3 million additional digital jobs in the GCC by 2025.

  • RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) has announced the launch of Traders District to support...

    Traders District is designed to offer a host of benefits, including business set-up solutions, simplified access to global supply chains.

    In 2022, RAKEZ recorded 206 percent increase in the number of new trading companies that set up in the economic zone.

  • The SAR 3 per share dividend will be paid on 31 July.

    The company had reported a net profit of 10 billion Saudi riyals ($2.7 billion) for the full-year 2022, which is nearly 92 percent more than the 5.36 billion riyals in 2021.

    The sales (revenue) nearly doubled to 18.98 billion riyals in 2022 from 9.59 billion riyals the previous year.

  • Carpenter Michel Robillard crafted the wooden 2CV's wings out of walnut and its chassis from pear and apple tree wood,...

    The previous high for a 2CV was set in 2016, when an extremely rare 1961 2CV Sahara in almost mint condition was sold for 172,800 euros by Paris-based auction house Artcurial.

    Robillard's model is equipped with an original engine from Citroen's later 3CV model, giving it the extra power needed to propel the naturally heavier wooden structure.

  • The United States and India agreed a roadmap for military industrial cooperation, as New Delhi seeks to reduce its reliance...

    Moscow and New Delhi have been allies for decades, with Russia by far India's biggest arms supplier.

    India is looking to diversify, both by broadening its sources of imports and ramping up domestic production.