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.
  • London, United Kingdom--Saudi Arabia has joined the race to buy Manchester United ahead of Friday's bid deadline, according to a report...

    Saudi joined the race to buy Manchester United, according to a report in Britain's Daily Telegraph, raising the stakes in what could be the most lucrative deal in sports history.

    There have been suggestions of a possible Qatar bid, with The Guardian reporting the state's ruler, Sheikh Tamim bin Hamad Al-Thani, was interested in buying United.

  • Total operating income rose 11% in 2022 compared to 2021.

    UAB is focused on positioning itself as the partner of choice among major corporate clientele segments.

    The bank's CEO said that their focus will remain on the delivery of an enhanced customer experience.

  • Abu Dhabi, UAE— The gross subscriptions written by all Takaful insurance companies in the UAE reached AED4.35 billion in 2021,...

    These subscriptions accounted for 9.82 percent of the gross premiums written in the insurance sector in 2021.

    The health Takaful insurance activity represented the largest share, accounting for 43.6 percent of the gross subscriptions.

  • Fashion house posted huge earnings despite inflation.

    Sales rose 29 percent to US$12.3 billion at current exchange rates.

    Hermes said its sales rose by 30.7 percent in the Asia-Pacific region, excluding Japan, in the last three months of 2022.

  • Riyadh, Saudi Arabia---Saudi Arabia's Transport General Authority has signed the largest project for transporting passengers by buses through a network...

    The network, which involved major global alliances, will cover more than 200 cities and governorates.

    The network is expected to serve more than 6 million passengers annually through 76 routes, with a new fleet of buses equipped with the latest technologies.

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

    DEWA CEO highlighted organization’s key initiatives and projects to promote sustainability, renewable and clean energy, and energy efficiency.

    These include DEWA’s space program (Space D) which supports the National Space Strategy 2030.

  • ADNOC Gas, formed in January 2023 through the consolidation of ADNOC’s gas processing and LNG businesses, is a large-scale integrated...

    ADNOC Gas, formed in January 2023 through the consolidation of ADNOC’s gas processing and LNG businesses, is a large-scale integrated business operating across the gas value chain

    The company’s twelve-month adjusted revenues to October 2022 totaled $24.9 billion, with the company delivering adjusted EBITDA of $8.7 billion and net income of $4.8 billion

  • The group sold over two million cars in 2022

    Net profit jumped by 34 percent to 14.8 billion euros ($15.7 billion) last year, the Stuttgart-based group said, while revenues were up 12 percent year-on-year to 150 billion euros

    The group sold more than two million cars in 2022, a five-percent increase on the year before, driven by strong demand for the S-Class model and the all-electric EQS

  • Dubai, UAE-- Dubai real estate market has recorded deals worth AED2 billion ($544 million) on Thursday, according to Dubai Land...

    The deals included 475 sales transactions worth AED1.38 billion.

    The sales included 412 villas and apartments worth AED1.06 billion.

  • Firm's profit rose due to gas and crude oil prices spike.

    Britain's government of Prime Minister Rishi Sunak is temporarily subsidizing electricity and gas bills this winter.

    Centrica expanded its stock buyback scheme to hand another $360 million to shareholders.