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.
  • Heart disease, cancer medicines helped enhance revenue.

    Novartis said that its operating profit would likely increase in the high single-digits this year.

    The group would prioritize "high-value" medicines" across five core areas to drive its productivity.

  • Tehran, Iran— Claiming that Iran has received numerous “requests” from different countries for purchase of its defense equipment and cooperation,...

    Iran could not purchase weapons from outside because of the Western sanctions, but today it can produce them on its own

    The Islamic Republic has succeeded in keeping the country’s military and commercial jets airborne in spite of the sanctions

  • The firm will build an electric vehicle battery plant in the US.

    The location of the facility has not yet been determined but it is expected to be in full gear and ready to start mass production in 2026.

    It was expected to create thousands of jobs and the new factory would be equipped with "an annual production capacity of more than 30 gigawatts-hour".

  • Dubai, UAE -Taking advantage of the boom in the tourism sector in the Middle East, Saudi Arabia and the UAE...

    Saudi Arabia is building more than 42,000 hotels rooms in order to cater to tourist demand in the country

    The MENA region’s hotel construction will see some 119,505 new rooms being added in the near future

  • Abu Dhabi,  UAE - Abu Dhabi Airports Free Zone (ADAFZ), a subsidiary of Abu Dhabi Airports, has recorded a two-fold...

    The strong performance was driven by growth in leased spaces and properties, where ADAFZ signed contracts for a total of 163,580 m2

    Properties included commercial spaces, land development plots, and administrative facilities, resulting in an increase in annual leases by 256%

  • Analysts polled by the Swiss financial newswire AWP expected UBS's first quarter net profit to tick in at around $1.7...

    Net income of UBS for the first quarter was reduced by an increase in litigation provisions of $665 million to settle an old dispute linked to the subprime crisis

    UBS said it saw a net inflow of new money into its global wealth management division of $28 billion, of which $7 billion came in the last 10 days of March

  • Netflix, which spent more than 1 trillion won ($750 million) developing Korean content from 2015 to 2021, had previously said it...

    Sarandos said that Netflix had great confidence that South Korea's creative industry would continue to tell great stories, pointing to the recent success of "The Glory"

    Yoon Suk Yeol, who arrived in Washington Monday for a six-day state visit, said the new investment will be a great opportunity for Korean content industry, creators, and Netflix

  • Financial results were published in ADB’s Annual Report 2022.

    The $20.5 billion comprised loans and guarantees, grants, and equity investments provided to governments and the private sector

    The bank made wide-ranging investments in quality infrastructure as well as in education, health, and other social sectors

  • Coca-Cola's profits came in at $3.1 billion, up 12% from 2022.

    Sales volumes grew three percent thanks to increases at sporting events, movie theaters and other away-from-home venues.

    The company benefited from the reopening of China's economy, but noted that activity is still below pre-pandemic levels.

  • Two loan agreements were signed in the Kyrgyz capital Bishkek by the SFD CEO Sultan bin Abdulrahman Al-Marshad with the...

    The first agreement worth $100 million involves financing the construction of 3000 housing units covering an area 255,000 square meters.

    The second agreement is related to financing of the Taraz-Talas Road Project (Phase 4), which aims to reconstruct 93 km of road to improve road safety.