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-- The UAE government has launched an AI-powered chatbot that allows users to access information about government services in...

    The chatbot deploying generative AI technology will let users to access information about services, including service requirements, and direct links for applications

    Designed to address a wide range of inquiries and requests, the platform will provide comprehensive answers, including basic information and ways to apply for services

  • A shift in consumer preferences -- with a substantial percentage of sales coming from smaller and midsize vehicles -- hasn't...

    A shift in consumer preferences -- with a substantial percentage of sales coming from smaller and midsize vehicles -- hasn't dented the appeal of luxury cars, says an expert

    Audi is working on new technologies, including digitization of production processes, AI, and robotics, to optimize output, adds Peter White, Sales Director at Audi Middle East

  • Chip company Nvidia exceeded $1 trillion in market value as Wall Street stocks mostly rose, following an agreement between President...

    Nvidia jumped more than seven percent on bullish sentiment over its role in artificial intelligence breakthrough technology.

    Most large tech companies advanced early Tuesday, with shares of Facebook parent Meta and Apple both up more than one percent.

  • Dubai, UAE - Standard Chartered will partner with the Dubai International Financial Centre (DIFC) in hosting the DIFC Treasury Leadership...

    The DIFC Treasury Leadership Forum will showcase the latest trends in treasury solutions designed to streamline financial operations.

    Organized by DIFC, the forum will bring together senior treasurers from leading banks, multinationals and services providers.

  • The issue is part of the SAR 20 billion local sukuk program.

    The PIF established the Saudi Real Estate Refinance Company in 2017 for the growth and sustainability of residential real estate financing in the kingdom.

    This was the sixth tranche within the program denominated in Saudi riyals and supported by government guarantees.

  • ABU DHABI, UAE  -  The Economic Integration Committee held its second meeting this year and discussed a range of key...

    The Committee also discussed strengthening of the Anti-Money Laundering/ Combating the Financing of Terrorism ( AML/CFT) efforts.

    The meeting discussed cooperation between the federal and local authorities concerned with the implementation of various economy-related laws.

  • Stock markets wobbled as a deal to hike the US debt ceiling and avoid a painful default goes to a...

    Ultra-conservative Republicans feel House Speaker should have secured far deeper spending cuts in exchange for raising the debt ceiling.

    The left wing of the Democratic Party is equally unhappy that President Joe Biden agreed to any spending limits at all.

  • DUBAI, UAE -  UAE Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei on Tuesday announced the launch of...

    Under the agreements, the partners will cooperate to create incentives for people to own EVs, facilitate investment in the UAE network of electric vehicles.

    The Global EV Market is in line with the objective of the We The UAE 2031 vision of enhancing the position of the Emirates as a global partner.

  • This implies a market capitalization of $888 million.

    The total offering size is SAR 999 million ($266 million). SNB Capital is the lead manager, financial advisor, book-runner and underwriter on the potential offering.

    A total of 1.67 million shares, representing 10 percent of the total offer shares, will be allocated to retail investors. The retail offering will run from June 6 to June 7.

  • Dubai, UAE - The total economic output generated by 63 large-scale events hosted at Dubai World Trade Centre (DWTC) reached...

    A substantial $2.01 billion (AED 7.4 billion) was retained within the local economy, showcasing the venue's strong contribution to Dubai's GDP

    The events organized at DWTC attracted nearly 1.2 million attendees, with 40 percent of them coming from international locations