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 losses, however, narrowed from $141m in Q4 2022.

    Argaam reported that the company's gross operating loss increased by SAR 3.3 million from SAR32.2 million in Q1 2022 to SAR 35.5 million the first quarter of this year.

    Total shareholders’ equity, excluding minority interest, fell to SAR 6.48 billion as of March 31, 2023, from SAR 7.61 billion a year earlier.

  • With little investment and few projects in operation around the world so far, the technology to capture carbon before it...

    Now major players from Aramco to the UAE's ADNOC say that is about to change, as the UAE hosts climate negotiations this year with a message of cutting emissions.

    Aramco has invested in Carbon Clean, a UK-based firm that has developed compact technology that captures carbon from industrial smokestacks.

  • The airport's cooling systems have a total capacity of 110,000 RTs.

    The cooling capacity is equivalent to 11 times the consumption of Burj Khalifa, the world's tallest tower, valued at AED 1.1 billion.

    Emirates Central Cooling Systems Corporation (Empower) is the world's largest district cooling services provider.

  • Government bodies are now working towards finding solutions to the problem but businesses, beside devising strong backup strategies, need to...

    Ransomware attacks have risen exponentially over the past five years as digital technologies have enabled cybercriminals to extort money effectively and almost untraceably

    Prevention of ransomware requires a combination of people, processes, and technology as businesses, governments, hospitals, and critical infrastructures remain key targets

  • Amid rapid tech growth and rising environmental concerns, understanding the current automotive industry trends, especially in luxury, is vital, says...

    Amid rapid tech growth and rising environmental concerns, understanding the current automotive industry trends, especially in luxury, is vital, says Dr Manfred Bräunl of Porsche

    Porsche Middle East & Africa region, which also includes India, delivered 8,217 cars representing an increase of over 20 per cent compared to 2021, adds Bräunl, the regional CEO

  • ABU DHABI, UAE -  The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has launched an ambitious program to develop...

    The program is based on scientific studies and research to develop the best methods and practices suitable for the UAE environment.

    A vital aspect of the program is the breeding of queen bees capable of adapting to the country's unique environment and climate.

  • President Joe Biden may be on the other side of the world but his political fight back home over the...

    The Group of 7 meeting in Japan is an important stage for Biden's goal of restoring US leadership among the world's democracies.

    "It is definitely a subject of interest here at the G7," National Security Advisor Jake Sullivan told reporters.

  • The world must assess the impact of generative artificial intelligence, G7 leaders said, announcing they will launch discussions this year...

    Text generation tools such as ChatGPT, image creators and music composed using AI have sparked delight, alarm and legal battles.

    European Parliament lawmakers this month also took a first step towards EU-wide regulation of ChatGPT and other AI systems.

  • DUBAI, UAE -   The Ministry of Community Development and Etihad Water & Electricity have announced the implementation mechanism of the...

    The support aims to reduce the financial burden related to electricity bills, as part of an integrated and holistic approach to help low-income families in UAE.

    Beneficiaries can check the monthly support amount by referring to their farms’ consumption bill through Etihad Water & Electricity’s service channels.

  • ABU DHABI, UAE -  A senior UAE official of the Ministry of Energy and Infrastructure (MoEI) visited Germany and the...

    Over 11,500 decision-makers, energy ministers and CEOs from over 100 countries participated in the World Hydrogen Summit 2023 in Netherlands.

    A senior UAE official provided an overview of the country's energy transition, with a focus on its hydrogen industry.