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.
  • Equity markets rose, with Paris hitting a record-high, as investors reacted positively to easing inflation, recession concerns and some strong...

    In a sign of cooling inflation, Singapore's central bank kept rates steady, having previously hiked five times in a row.

    Stocks advanced "on increasing signs that the global round of interest rate hikes could be drawing to a close".

  • Paris, France - With flowing kaftans, fluid separates and glamorous maxi dresses, Western luxury fashion brands are increasingly targeting the monied...

    Louis Vuitton to Versace have rolled out handbags and shoes, sunglasses and clothing that varies between sober pastels, florals and embroidered prints

    Gucci's 2023 Ramadan collection, "Nojum" (meaning stars), is inspired by the night sky, featuring deep purples and daywear options for men

  • Abu Dhabi, UAE - Egypt has over 3,000 Emirati companies operating in telecommunications, construction, smart cities, retail, oil and gas,...

    Al Jarwan said that the two countries also aim to increase the investment to $35 billion over the next decade.

    Egypt has over 3,000 Emirati companies operating in telecommunications, construction, smart cities, and other areas

  • Awadh Seghayer Al Ketbi, Director-General of the DHA, said Dubai’s ability to provide high-quality patient-centered medical care has accelerated its...

    39% percent of the medical tourists were from Asian countries, 22% from Europe and the Commonwealth of Independent States.

    The three specialities that saw the highest number of medical tourists were dermatology (31%) dentistry (24%) and gynecology (18%).

  • Revenue grew 8.8% YoY, but fell 3.2% quarter-on-quarter.

    Infosys benefitted from an IT boom that made India the back office to the world for subcontracted work.

    The company, like local rival TCS, also gained from the increased use of digital services during the Covid pandemic.

  • Abu Dhabi, UAE - The UAE led the Arab region in terms of investments in Egypt, Jamal bin Saif Al...

    The two countries also aim to increase this figure to $35 billion over the next decade in tourism, education, logistics, food industries.

    The Egyptian market has over 3,000 Emirati companies operating in telecommunications, construction, smart cities

  • The European Union's central data regulator said it was forming a task force to help countries deal with AI chatbot...

    ChatGPT can generate essays, poems and conversations from the briefest of prompts and is capable of passing exams.

    Chatbot can only function if it is trained on vast datasets, raising concerns about where OpenAI gets its data.

  • Countries must do more to avert the costly consequences of growing global trade fragmentation, and help avert a "second Cold...

    Multilateral institutions like the World Bank and IMF have an important role to play in preventing the world from splintering into different blocs.

    An IMF report said that growing trade fragmentation due to Brexit, US-China trade war and Russian invasion of Ukraine, could make the global economy.

  • The company had reported a 2.18 percent rise in profit for 2022.

    For the first quarter of 2023, Lesha Bank announced a net profit of QR22 million, compared to 21 million the same quarter previous year.

    Qatar Fuel Company recorded a 15 percent decrease in net profit to QR223 in Q1 2023 compared to more than QR262 million for Q1 2022.

  • Russia delivered a new warning to the West over a grain deal with Ukraine, saying a number of conditions must...

    Russia, whose economy has been hit by a raft of Western sanctions, has repeatedly threatened to walk away from the agreement if obstacles to its own exports remain.

    There are no sanctions on Russian exports of food and fertilizers to global markets but the problems are related to sanctions on shipping, insurance companies and banks.