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.
  • Moscow, Russia--Russian oil sales to India surged more than twentyfold last year as European buyers turned to other markets following the...

    When EU nations began ending thier reliance on Russian energy supplies, Moscow shifted its oil exports to India and China

    Compared to last year, Russia's oil-export revenue dropped by almost half in February, according to the International Energy Agency

  • Abu Dhabi, UAE -- Borouge is supplying sustainable “Made in UAE” polyethylene materials worth AED120 million ($32 million) that are...

    Borouge’s contribution to these mega projects is driven by collaboration with the local manufacturing companies.

    The pipes used in these projects were made from various grades of Borouge BorSafe™ PE100 polyethylene materials.

  • Doha, Qatar--Qatar's bourse intends to open a new derivatives market that will allow investors to trade options and futures on...

    The country's financial regulator has issued a new regulatory framework for listed derivatives after a long consultation with investors and market participants

    Qatar is now focused on building its equities market by opening it up to a wider investor base and introducing more listings

  • Abu Dhabi, UAE - Mansour Ibrahim Al Mansouri, Mansour Ibrahim Al Mansouri, Chairman of the Board of Directors of Presight,...

    Al Mansouri said that Presight has a plan for regional and international expansion and the provision of solutions to customers in big data and artificial intelligence

    Group 42 (also known as G42) is an artificial intelligence and cloud computing company that was founded in Abu Dhabi, United Arab Emirates in 2018

  • The stock rocketed to AED3.7 from an offer price of AED1.34.

    Its initial public offering (IPO), which was oversubscribed 136 times, received total gross demand amounting to US$25.8 billion

    The company's listing gives investors a chance to buy shares in the region’s leading international big data analytics company powered by AI

  • The region's corporate/M&A activity is expected to grow this year on the back of an unprecedented Sovereign Wealth movements in...

    The region's corporate/M&A activity is expected to grow this year on the back of an unprecedented Sovereign Wealth movements in Abu Dhabi and Saudi Arabia, says an expert

    The region continues to defy the global declining trend, with a 13% rise in M&A transactions in 2022, adds Fraser Dawson, CFA, Partner at Corporate Finance, Addleshaw Goddard

  • Brussels, Belgium - The 27 EU member states approved Monday a deal between Brussels and Germany that lifted Berlin's block on...

    The ban on internal combustion engines is key to the EU's ambitious push to become a "climate neutral" economy by 2050, with net-zero greenhouse gas emissions.

    Germany blocked the deal at the 11th hour, calling for an exemption for cars that run on synthetic fuels.

  • Abu Dhabi, UAE - The Technology Innovation Institute (TII) said Monday its AI and Digital Science Research Center (AIDRC) has...

    The Technology Innovation Institute's AI and Digital Science Research Center will partner with Mohamed bin Zayed University of Artificial Intelligence.

    Over a period of three years, the researchers will work on developing advanced AI models for cybersecurity and smart city applications.

  • Created by US startup OpenAI, ChatGPT appeared in November and was quickly seized upon by users amazed at its ability...

    Europol said the criminals may use phishing, disinformation and malware to do more online frauds.

    ChatGPT can also be used to write computer code, especially for non-technically minded criminals. the agency said.

  • The date of distribution will be announced later.

    The General Assembly date will be set after securing the formal approvals from the relevant authorities.

    The Group reported a net profit of 742.80 million riyals for 2022, a 234.75 percent rise over 221.90 million in 2021.