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.

  • A multi-plural world that embraces diversity and contradictions is crucial for peaceful coexistence free of conflicts, Prof Subramanian Rangan of...

    A multi-plural world that embraces diversity and contradictions is crucial for peaceful coexistence free of conflicts, Subramanian Rangan of INSEAD tells TRENDS in an interview

    Businesses need to revise their models to integrate income and impact, market and society, and humanity and nature. Also, education is key in using technology responsibly, he adds

  • The bank’s net profit in 2022 surged 26 percent.

    The bank’s net profit in 2022 surged 26%, the highest ever in its history with a balance sheet of $78 billion, culminating in a five-year CAGR of 7%

    According to Moody's Investors Service's most recent assessment on the GCC banking industry, large GCC lenders are trying to consolidate their market share

  • Local deals account for 51% of total M&A volume with technology sector at 25% as improved market conditions and pro-business...

    Local deals account for 51% of total M&A volume with technology sector at 25% as improved market conditions and pro-business reforms boost investor confidence in the region

    Rise in oil prices over the past six years, pro-business legislative reforms, and relaxation of government travel restrictions were some other reasons behind strong M&A activities

  • ABU DHABI, UAE - Bharat Dynamics Limited (BDL), a Defense Public Sector Undertaking under India's Ministry of Defense appointed EDGE's...

    Established in 2004, GradeOne specializes in defense trading and services and providing various solutions to the military and defense sectors

    It is part of the Trading & Mission Support cluster within EDGE, one of the world’s leading advanced technology groups.

  • "I think large banks are properly supervised and therefore the risk that some people see, I don't see," Finance Minister...

    "To me, the reaction of yesterday was possibly an overreaction simply because the market is very edgy," the minister told AFP in an interview.

    "It's panic, a little bit of panic. I believe completely unwarranted, whether it be for Credit Suisse or for the entire market," said Saudi National Bank chairman Ammar AlKhudairy.

  • Doha, Qatar -- Qatar's Industrial Production Index (IPI) hit 103 points in Jan 2023, rising by 3.5 percent compared to...

    Issued by the Planning and Statistics Authority, the IPI is a short-term quantitative index that measures the growth of various industrial sectors in economy.

    The key performing sectors under the index were mining (82.46 percent), manufacturing (15.85 percent), electricity (1.16 percent) and water (0.53 percent).

  • The firm's revenue rose 14 percent to nearly US$2.4 billion.

    Deliveroo exited Australia and the Netherlands in 2022, after departing from Spain in 2021.

    The company expanded into Qatar last year as it pursues a growth plan of action in Middle East.

  • AMMAN, JORDAN -  The Jordan Chamber of Commerce (JCC) took part in the fourth Arab-French Economic Summit 2023 in Paris....

    Jordan Chamber of Commerce spoke of closer ties with trade and commercial bodies in the European Union member states.

    Topics like environment and water, industry, modern construction projects, food, nutrition, healthcare, banking, medicine, funds, climate were discussed.

  • The EBITDA increased by 31 percent to $5 billion.

    In a statement to WAM, DP World announced that revenue increased by AED23.31 billion in 2022, compared to 2021, supported by acquisitions and like-for-like revenue growth.

    It added that cash generated from operating activities increased by 20.6 percent to a record AED16.34 billion in 2022, compared to AED13.55 billion in 2021.

  • The company also announced new dividend policy for 2023-25

    Similar to the previous policy, TAQA will continue to pay the fixed dividends on a quarterly basis.

    The company expanded the size of its Board of Directors from nine to eleven and elected members for a three-year term.