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.
  • Dubai, UAE -- Al Ansari Financial Services, a remittance and foreign exchange services provider in the UAE, will be offering...

    The offering represents 10 percent of its total existing share capital. The size of the IPO could be amended any time before the pricing.

    The company expects to list and start trading on the Dubai Financial Market in April.

  • TikTok executives said the company was working with a third-party European security company to oversee and check how it handles...

    The initiative came as the Czech cyber watchdog issued its own warning, describing the Chinese-owned video-sharing app as a security threat

    The European Union and the United States, have taken a tough approach to the app, which is owned by Chinese company ByteDance

  • Spotify on Wednesday introduced new tools for artists and songwriters, with a particular focus on video formats that are seen...

    Spotify unveiled a significant revamp to offer a more interactive interface, including the option to hear song previews and provide more personalized recommendations using AI

    The Swedish-owned company, which said in January that it was cutting almost six percent of its workforce to reduce costs, posted a net loss of 430 million euros for 2022

  • Dubai, UAE--TAQA Morocco is looking to invest $1.6 billion in renewable energy solutions in Morocco in order to lift up...

    The company, owned by Abu Dhabi National Energy Co., is looking to diversify its activities in clean energy and water desalination as part of its new strategy.

    The firm aiming to increase its production capacity of electricity from renewable sources by 1,000 megawatts will cut the carbon footprint by 25 percent

  • Saudi Arabia aims to gain a leadership role in space.

    Serco will look to hire in Saudi Arabia, offering training and career development programs, besides building capacity

    Amar Vora, according to the company press release, has been appointed to lead the space team in the kingdom

  • Technology remained GCC's most active industry sector in terms of hiring, with 77 percent of organizations increasing their headcount last...

    Technology remained GCC's most active industry sector in terms of hirings, with 77 percent of organizations increasing their headcount last year, latest reports point out

    Nearly 88% of employers in the technology sector in GCC are planning to hire permanent employees this year, predicts the GCC Salary Guide 2023 by Hays Middle East

  • London, United Kingdom - British cyber security firm Darktrace on Wednesday warned that artificial intelligence bot ChatGPT may have increased the...

    Microsoft-backed start-up OpenAI in November launched Content creation bot ChatGPT.

    ChatGPT had "ignited a conversation about the implications of generative AI for cyber security," the firm said.

  • "We're seeing robust hiring, which is good for the economy and workers, but pay growth is still quite elevated," said Nela...

    The employment in private sector increased by 242,000 jobs in February, almost twice the 119,000 figure in January.

    This follows a series of recent indicators showing that hiring remained strong, consumer spending resilient.

  • The company likely to buy 20 percent stake.

    The WTA tour includes more than 70 events annually but it has suffered financially from suspending tournaments in China and Hong Kong.

    Liberty Media bought CVC's stake from Formula One in 2016 but the firm owns an Indian Premier League franchise.

  • The company said the metal business alone grew by over 23 percent.

    The cable business increased by more than 9 percent during the same period, the company said.

    Ducab Group recently announced the opening of its new headquarters in the Indian city of Bengaluru.