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 ultimatum to TikTok came from the US interagency board charged with assessing risks foreign investments represent to national security....

    Wall Street Journal and other US news outlets reported that the White House set an ultimatum: if TikTok remains a part of ByteDance, it will be banned in US

    TikTok claims it has more than a billion users worldwide including over 100 million in the United States, where it has become a cultural force

  • While many women still believe they are not adequately compensated, men, in contrast, have a different view, with many saying...

    Nearly 38 percent of the Twitter poll respondents were female, while some 62 percent were male

    Around 21 percent felt they needed support in taking on leadership roles at their current workplace

  • In February 2021, Credit Suisse shares were worth 12.78 Swiss francs, but since then, the bank has endured a barrage...

    Credit Suisse, hit by a series of scandals in recent years, saw its share price plummet Wednesday after the Saudi National Bank declined to inject more money into the group

    In February 2021, Credit Suisse shares were worth 12.78 Swiss francs, but since then, the bank has endured a barrage of problems that have eaten away at its market value

  • The impact of SVB failure on regional banks and corporates may remain limited due to the diversity of Gulf investment...

    The impact of SVB failure on regional banks and corporates may remain limited due to the diversity of Gulf investment portfolios, Junaid Ansari of Kamco Invest tells TRENDS

    The decline in regional indices reflects shaken investor sentiment in global markets, the volatility of interbank rates and uncertainty related to bankruptcy crisis, he adds

  • Riyadh, Saudi Arabia -- Saudi Arabia's new national airline plans more aircraft orders as it prepares to operate its first flights...

    The carrier, Riyadh Air, was officially unveiled on Sunday, and on Tuesday announced an agreement to purchase 39 Boeing Dreamliners, with options for 33 more jets.

    The White House said the value of the deal could reach $37 billion. It is the fifth largest deal by value in Boeing's history.

  • Global markets have been rattled by the collapse of tech sector lenders Silicon Valley Bank and Signature, which forced US...

    Oil prices also dropped, with the main US contract WTI down more than 5% as it fell under $70 per barrel for the first time since Dec 2021.

    Shares of Credit Suisse, Switzerland's second biggest bank, crashed by more than 30 percent to hit a record low.

  • Riyadh, Saudi Arabia -- As uncertainty in the global economy is limiting clarity about the outlook for oil markets, the...

    Prince Salman said that sticking to the October agreement is the "sensible and only course of action” for OPEC and its allies.

    He said Saudi Arabia has proactively embarked on expanding our capacity to 13.3 million barrels a day by 2027.

  • Iran has been under renewed US sanctions since then president Donald Trump abandoned a landmark nuclear agreement between Tehran and...

    Saudi finance minister Mohammed Al-Jadaan said Iran has a lot of business opportunities, which could enhance investments in the country.

    Saudi Arabi and Iran agreed to restore their ties and reopen embassies in the next two months after a peace deal mediated by China.

  • The Saudi utility company will pay $774m cash dividend.

    The company said its total shareholders' equity increased by 2.2 percent to SAR 257.1 billion, from SAR 251.6 billion in 2021.

    The company, which is the Middle East's biggest utility company, said its revenue increased by nearly four percent to SAR 72 billion in 2022.

  • "I have decided to send a group of people from my ESA team to the UAE to see which domains...

    Aschbacher says ESA's plan is to establish navigation and communication around the moon and on the moon surface, just like having a mobile phone on Earth

    He believes unifying people is one of the beauties of space exploration, besides developing technology, attracting young talents, fostering stem education, and economic growth