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 - ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of ADNOC, announced on...

    The gas carriers will be owned and operated by AW Shipping, an ADNOC L&S joint venture with Wanhua Chemical Group.

    VLGCs transport liquefied petroleum gas and will provide ADNOC L&S greater flexibility to meet growing global gas demand.

  • It has sold more than US$7bn of its shares since early 2023.

    The Japanese investment titan, an early investor in the Chinese internet giant founded by Jack Ma, started offloading its shares last year

    Alibaba like other leading Chinese tech firms has been badly impacted by a regulatory crackdown on the industry starting in 2020

  • With remote or hybrid work now the norm and cyber-attacks continuing to escalate, businesses realize they must take a fundamentally...

    The security approach that has gained traction in recent years is the concept of Zero Trust and its basic principle behind it is simple: don't trust anything; verify everything

    Breaking down the silos between IT, cybersecurity, and networking groups, and establishing clear communication channels can help achieve a cohesive security strategy

  • Jump in sales across all regions, including China.

    LVMH became Europe's most valuable company in January when its market capitalization soared to US$440 billion.

    The United States had a steady performance while "Asia experienced a significant rebound following the lifting of health restrictions".

  • The global economic slowdown and swelling interest rates are pummeling debt-ridden developing countries, the UN warned, urging bold global action...

    Rate increases in the US and other wealthy countries may cost developing countries over US$800 billion in lost income by 2025.

    UNCTAD said it now expected global GDP growth of 2.1 percent in 2023, down from 2.2 percent it forecast in September last year.

  • Dubai, UAE -- The ongoing Taif rose season in Saudi Arabia, which starts at the beginning of March and last...

    Rose farms in the Sarawat Mountains in Taif Governorate harvest about 550 million roses annually.

    About 70 rose factories and laboratories extract and manufacture more than 80 rose derivatives.

  • US consumer inflation slowed in March lessening the pressure on the Federal Reserve to maintain its aggressive posture to cool...

    Bureau of Labor Statistics report is the latest evidence that the Fed's streak of interest rate hikes over the last year is weighing on economic activity.

    While US labor market data has remained solid, recent reports on manufacturing and the services sector have shown signs of slowing.

  • Sharjah, UAE -- A total of 3,386 real estate deals worth AED1.7 billion ($462 million) were recorded in Sharjah in...

    A total of 595 sales transactions representing 17.6 percent of the deals, while 319 mortgage transactions (9.4 percent) were recorded in the emirate.

    Muwailih commercial area topped the list of sales traffic areas with 116 sales transactions, followed by Mazairah and Al-Khan with 68 transactions each.

  • Global government debt is on track to reach levels not seen since the height of the COVID-19 pandemic, the International...

    In the US, government debt as a percentage of economic output is expected to surpass its pandemic-era peak by 2027.

    China's debt burden is forecast to be almost double its pre-pandemic levels by 2028, the IMF said.

  • RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) received the 'Best RPA Excellence Award' during the Future...

    RAKEZ has embarked on its automation journey by utilizing virtual bots to handle visa-related services.

    These virtual bots have successfully reduced the time needed for some of the processes by 1.5 days, completing them within 12 hours.