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.

  • The customs deal is viewed as the concluding phase of a free trade agreement following the normalization of relations between...

    The Israeli foreign ministry in a statement said the free trade deal would see customs duties "lowered or cancelled on approximately 96 percent of goods"

    Last year trade between the UAE and Israel touch $2.5 billion, excluding software and services, making the Gulf country Israel's 16th largest trading partner

  • The email to employees dealt with a new stock compensation program in the San Francisco-based company and the attribution to...

    He cited a revenue drop of $1.5 billion a year and a debt-servicing burden of the same amount, leaving it with "only 4 months of money."

    Musk said in the email that he sees a "clear but difficult path" to a valuation of $250 billion, without saying how long that might take

  • Despite global economic slowdown, the firm continues to expand its partnerships and investments, with key focus on Africa and UK....

    Despite global economic slowdown, the firm continues to expand its partnerships and investments, with key focus on Africa and UK. Last year, its investments totalled $320m

    DP World ranks fifth in the world by total value of direct investments allocated to the overseas logistics services sector, while Amazon and AP Moller Maersk lead the pack

  • Beijing, China - Saudi Arabia's Aramco said it wants to be an all-inclusive source of energy and chemicals for China’s...

    Aramco CEO said the company is supplying new lower carbon products, chemicals and advanced materials, all supported by emissions reduction technologies.

    "In particular, we see a major win-win opportunity to build a world-leading, integrated downstream sector in China," he said.

  • Doha, Qatar -- Qatar Chamber has established a committee for gold and jewelry to address issues facing this sector and...

    The committee will also work to develop the sector as one of the country's important sectors besides resolving its issues.

    It also agreed that the gold sector shall be divided into three subsectors: the gold trade, the jewelry trade and the gold and jewelry factories.

  • DUBAI, UAE -  MD & CEO of the Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer discussed consolidating...

    DEWA’s current capacity has reached 490 Million Imperial Gallons per Day of desalinated water.

    DEWA is also working to increase the capacity of the transmission and distribution networks.

  • DUBAI, UAE – UAE Minister of Climate Change and Environment Mariam bint Mohammed Almheiri emphasized the importance of collaboration, data...

    The UAE is on track to reduce total water consumption of its food sector by over 15 percent despite doubling production by 2030.

    The UAE’s national plan - the Water Security Strategy 2036 - ensures that programs are implemented on the supply and demand side.

  • It suffers from constant stand-offs between elected lawmakers and cabinets installed by the ruling Al-Sabah family, despite a parliamentary system...

    Kuwait, home to seven percent of the world's crude reserves, has little debt and one of the strongest sovereign wealth funds in the world

    The oil-rich country, posting large deficits during the Covid-19 pandemic, was buoyed by the rise in oil prices last year

  • Abu Dhabi, UAE-- In order to improve commercial connectivity and trade between the UAE and Kuwait, AD Ports Group launched...

    The preliminary data for 2022 has shown a rise in non-oil trade exchange between the two countries to $12 billion

    Owing to a series of partnerships, trade acitivity between the UAE and its neighboring countries has witnessed significant growth

  • The Iraqi oil ministry said that Turkey stopped oil exports from Iraq's autonomous Kurdistan region on Saturday in the wake...

    Iraq had initiated the proceedings against the neighboring country in 2014, claiming exclusive rights over Kurdistan's oil exports

    The regional government in Arbil though, in defiance of Baghdad, continued to export oil through Turkey at a rate of around 450,000 barrels a day