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.
  • Abu Dhabi, UAE-- Designed to achieve a common Arab vision for the digital economy, the Arab Federation for Digital Economy...

    The agreement is designed to bolster the Arab digital economy, strengthen intra-Arab trade, and increase the reality of Arab trade exchange

    Rated as the fastest growing market in the world, the e-commerce market in the MENA region was valued at $49 billion at the end of 2022

  • Sustainable mobility necessitates taking into account the entire lifecycle of a vehicle, not just the use phase. This includes sustainable...

    Bentley, BMW, Porsche, and Audi lead the way in sustainability by introducing environment-friendly vehicles, aiming to cut CO2 emissions and be sustainable luxury brands by 2030

    BMW Group, for example, aspires to be the world's most sustainable premium car manufacturer by utilizing circular economy principles and secondary materials, says an official

  • ABU DHABI, UAE - The Statistics Center - Abu Dhabi (SCAD) has released the Gross Domestic Product (GDP) estimates report...

    Abu Dhabi's impressive growth across its diverse sectors during 2022 is attributed to its robust economic framework.

    As per the estimates, in Q4 2022, Abu Dhabi achieved real GDP growth of 5.9 percent worth US$75 billion.

  • Unlike other companies that use vertical-launch rockets, Virgin Galactic uses a carrier aircraft that takes off from a runway, gains...

    The Unity 25 mission will take place in late May with four company employees on board, said Virgin Galactic, which was founded by British billionaire Richard Branson.

    Unity 25 will be the company's fifth trip into space, defined as 50 miles (80 kilometers) above sea level. Virgin's flights launch from Spaceport America in New Mexico.

  • Growth in revenue driven by surge in demand for electricity, water.

    By the end of Q1 2023, DEWA served 1,169,713 customers, representing an increase of 12,212 customers from Q4 2022.

    Quarterly revenue growth for electricity, water and cooling services increased by 7.2 percent, 7 percent and 4.6 percent respectively.

  • DUBAI, UAE -  The private sector and financial institutions in the Middle East should enhance reporting by including information about how...

    The report indicates that almost half of the Middle East's GDP is either highly or moderately dependent on the environment.

    Middle East faces a number of environmental challenges specific to the region, including scarce water resources and desertification.

  • Amman, Jordan-- With an eye on boosting its exports to North America, a range of companies from Jordan will showcase...

    Jordan Exporters Association in a statement said that the kingdom's enterprises will network with customers from Canada and other countries at the fair

    JEA President Ahmed Khodari said industrial exports play a vital role in advancing the country's economy by boosting output and growing existing investments

  • Tehran, Iran--The 13th government has been able to export goods worth more than $50 billion since taking office, breaking the...

    The president speaking at the fifth Export Potential Exhibition of the Islamic Republic of Iran applauded the country's achievements in medical and health sectors

    He said that in spite of obstructions created by "enemies" to hinder Iran's military, nuclear, and scientific goals, it had succeeded in building defense and nuclear industries

  • Riyadh, Saudi Arabia--Saudi Arabia is keen to deepen trade and economic ties with Italy from the current volume of trade...

    The Saudi delegation held meetings with Italian officials and government and private agencies to discuss ways to boost the volume of trade and investment

    The visiting investors took part in the Saudi-Italian Business Forum in Milan, attended by 300 business owners and representatives of government agencies

  • The insurance firm's net profit fell to US$12.36 million.

    Its earning per share amounted to QR 0.051 as of March 31, 2023 as against QR 0.068 for the same period in 2022

    The insurance company also reported a profit drop in the third quarter of 2022, compared to the same period in 2021