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.
  • Fujairah, UAE-- The Board of Directors of the Fujairah Chamber of Commerce and Industry stressed the importance of encouraging private...

    2023 operational plan comprises several programmes and activities, including the development of the chamber's electronic system.

    The Board stressed the importance of encouraging private sector companies and institutions in the emirate to improve their products.

  • DownDetector reported a spike in issues with Twitter starting around 7 pm Eastern time (midnight GMT), with users unable to...

    At the peak of the outage, DownDetector clocked more than 10,000 complaints in the United States, as the hashtag #TwitterDown trended on the platform

    Web monitor NetBlocks said the outages were international and not related to country-level internet disruptions or filtering

  • Luxury segment is set to hit US$ 11bn by 2023 as retailers in the GCC are reporting increased sales due...

    Luxury segment is set to hit US$ 11bn by 2023 as retailers in the GCC region are reporting increased sales due to rising inflation and consumer spending on basics, says a survey

    In Saudi Arabia, the retail market is expected to grow by up to three times its current value by 2030, making it the second largest contributor to the country's non-oil GDP

  • The TESTIAC project was implemented to increase the electricity generation capacity of gas turbines during high ambient temperatures in summer...

    This project is the first of its kind internationally combining Thermal Energy Storage with Inlet Air Chilling in Frame 9F Gas Turbines.

    This reduces the consumption of natural gas in the electricity production process, which limits greenhouse gas emissions.

  • Sheraa’s startup community will now have access to the DMZ’s on-demand learning platform called ‘Launchpad’.

    Sheraa’s startup community will now have access to the DMZ’s on-demand learning platform called ‘Launchpad’.

    The platform is designed to support aspiring and early-stage entrepreneurs in developing foundational business skills.

  • Beijing moved against the country's vibrant gaming sector last August as part of a sprawling crackdown on big tech companies.

    Beijing moved against the country's vibrant gaming sector last August as part of a sprawling crackdown on big tech companies.

    China's gaming regulator, the National Press and Publication Administration, on Wednesday said it had approved 44 new imported games in December.

  • Abu Dhabi, UAE-- The Central Bank of the UAE (CBUAE), in cooperation with Abu Dhabi Ports, issued 1,000 commemorative silver...

    The coins highlights the successes achieved by the ports of Abu Dhabi and their role in the emirate’s maritime sector in the past decades.

    Each coin weighs 60 grams. The front side includes a drawing of the Abu Dhabi Ports Group logo with the name "Central Bank of the UAE" written in both Arabic and English languages.

  • They will launch a joint venture to provide services for energy companies.

    AD Ports, which will own 51 percent, and KMTF, which owns 49 percent, also signed an agreement to pool tanker resources.

    The two companies also signed a seven-year vessel pooling agreement, which includes the provision of several tankers for the transportation of crude oil internationally.

  • The new agreements will see Oman LNG supplying LNG based on contracts varying from 5 to 10 years.

    The new agreements will see Oman LNG supplying LNG based on contracts varying from 5 to 10 years

    Such a step comes as a significant milestone for Oman LNG, as it complements the company's effort to renew its contracts with Japan

  • New York, US--Russia on Tuesday banned oil sales to countries and companies that comply with a price cap agreed by...

    The price ceiling of $60 per barrel agreed by the European Union, G7 and Australia came into force in early December and seeks to restrict Russia's revenue

    Russia has said the cap will not affect its military campaign in Ukraine and expressed confidence it would find new buyers