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.
  • Cairo, Egypt-- Egypt's trade with Japan dropped 26.3 percent to US$1.1 billion in 2022, but the value of Japan's investments...

    In 2022, Egypt sent exports worth $261 million to Japan, including fuel, minerals, fruit, iron and steel products, carpets, and animal feed

    Japan exported goods worth $889 million to Egypt in 2022, including boilers, machinery, equipment, cars, tractors, bicycles and pharmaceutical products

  • Abu Dhabi, UAE – AD Ports Group has announced its plans to expand its fleet with the acquisition of five...

    The five bulk carriers, worth approximately $125 million, will be purchased from Saif Powertec as part of a long-term agreement signed in April 2022

    The deal involves the transportation of general bulk cargo between the UAE's Fujairah Port and destinations like the Indian subcontinent and Southeast Asia

  • Riyadh, Saudi Arabia--The Capital Market Authority (CMA) has announced the cancelation of its share in sukuk and bonds trading commission...

    It is designed to lower costs for participants in the market, boost liquidity and expand domestic investors' based in government debt issues

    With this step, the CMA hopes to develop a diversified financial sector and create an advanced capital market in line with the Vision 2030 objectives

  • Rabat, Morocco-- Seeking to deepen its investments in Morocco, which stood at US$14 billion at the end of 2021, the...

    Having invested US$14 billion at the end of 2021, the UAE is the largest Arab investor in Morocco and second in the world

    The UAE and Morocco will double the volume of trade and investment during the next few years and also ramp up cooperation in many sectors

  • Its net profit soared 33% to US$7.49mn for Q1 of 2023.

    Its EPS stood at QR 0.107 at the end of March 31, 2023 as against EPS QR 0.080 for the same period in 2022

    Qatar Islamic Insurance reported a 7.16 percent jump in the net profit to $8.04 million in net profit in the first three months of 2023

  • Four hundred of the Horten lots will be sold at Christie's Geneva auction house from May 10 to 12. According...

    Christie’s will offer 700 lots from Horten’s collection, including "unique and exceptional pieces" from 20th-century designers including Cartier, Harry Winston and Bulgari

    The sale could eclipse previous records set by Christie's in sales of properties that belonged to actress Elizabeth Taylor in 2011 which exceeded $100 million

  • Abu Dhabi, UAE--The emirate of Abu Dhabi is looking to draw some 24 million visitors by the end of 2023,...

    In 2022, the Abu Dhabi hotel occupancy rate touched 70 percent as 18 million visitors trooped into the emirate, posting a 13 percent jump

    The emirate received the highest number of international visitors from India, Saudi Arabia, the United Kingdom, and the United States

  • Despite significant rise in SMEs across GCC, there is still room for improvement in terms of governance, bringing in external...

    Despite significant rise in small businesses across GCC, there is still room for improvement in terms of governance, bringing in external shareholders, says Rabih I. Khoury of MEVP

    Reducing political friction and achieving economic and political stability will help regain consumer confidence and encourage longer-term investments, adds Khoury

  • Rabat, Morocco - The UAE is keen to strengthen economic and trade relations with Morocco, in a way that enhances...

    The two sides discussed the importance of intensifying mutual investments in areas of technology, cyber security and artificial intelligence.

    They also discussed launching a new program to support agricultural investments and stimulating joint cooperation.

  • BRUSSELS, BELGIUM  - In the European Union countries, 75 percent (193.5 million) of people in the 20-64-year- age group were...

    The employment rate in the EU dropped to 72 percent in 2020 due to the COVID-19 pandemic.

    In 2022, the EU over-qualification rate was 22 percent, with 21 percent for men and 23 percent for women.