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.
  • Geneva, Switzerland-- Middle Eastern airlines had an 84.6 percent growth in traffic in November compared to the same month in...

    Globally, traffic is now at 75.3 percent of November 2019 levels, according to the report. Total traffic in November 2022 rose 41.3 percent compared to November 2021.

    The Asia-Pacific continued to report the strongest year-over-year results with all regions showing improvement compared to the prior year, media reports said.

  • ABU DHABI, UAE -  The UAE participated in the Global Partnership for Financial Inclusion (GPFI) meeting in the Finance Track...

    The meeting was held to discuss the Global Partnership for Financial Inclusion work plan for 2023.

    G20 members, invited countries, GPFI members, and international organizations such as the World Bank and OECD attended the meeting.

  • They will collaborate on decarbonizing solutions, customer service.

    Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali Port

    In Jan 2022, DP World entered a strategic partnership with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, a non-profit organization.

  • The Taiwanese company predicts slowing sales for 2023.

    TSMC operates the world's largest silicon wafer factories and produces some of the most advanced microchips.

    It is regarded as a global economic bellwether because so many of its chips are in such a wide array of devices.

  • Riyadh, Saudi Arabia---Saudi Arabia and Bulgaria have discussed ways to boost bilateral cooperation and develop the economic sectors between the...

    The two sides discussed ways to boost bilateral cooperation and develop the economic sectors between the two countries at a ministerial meeting.

    Saudi imports from Bulgaria were $269.43 million during 2021, according to the UN COMTRADE database on international trade.

  • The market for the greener vehicles is expected to grow rapidly in response to consumers' worries about climate change, putting...

    Traditional vehicle insurance models are no longer enough to accurately capture the overall risk, a study by Swiss Re said

    Electric cars are quieter than internal-combustion vehicles, presenting a risk for pedestrians who don't hear them coming in noisy urban settings

  • FTX, once the world's highest profile crypto exchange, collapsed spectacularly in November leaving nine million customers in the lurch and...

    FTX lawyer Andrew Dietderich said that the company was "well underway" on plans to sell other investments that had a book value of $4.6 billion

    FTX and its sister trading house Alameda Research went bankrupt in November, dissolving a virtual trading business that at one point had been valued by the market at $32 billion

  • Abu Dahbi, UAE--Etihad Airways on Wednesday said its US operations and flights are not affected by the system outage at the...

    The airline said it was monitoring the situation and would inform customers if there is a change in its operations

    U.S. flights were slowly resuming departures and a ground stop was lifted after the Federal Aviation Administration (FAA) scrambled to fix a system outage overnight

  • The partnership will strengthen workforce in the UAE.

    The two companies will collaborate to create overseas employment opportunities by recruiting, training and developing skilled professionals in the Indian subcontinent

    Professionals who meet the standards of the UAE’s job market will be identified from this pool for suitable employment opportunities in the UAE

  • The year 2022 witnessed several deals involving Gulf nations and leading natural gas consumer countries that seek to secure their...

    The year 2022 witnessed several deals involving Gulf nations and leading natural gas consumer countries that seek to secure their LNG supplies in both near and distant future.

    In November-2022, Qatar and China signed one of the largest ever LNG deals inking a USD 60 Bn LNG supply deal for 27 years.