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.
  • Abu Dhabi, UAE-- The ground breaking of a 450,000 sqm integrated Metal Park in Abu Dhabi was attended by senior...

    The Metal Park Investment ME's Park will be equipped with state-of-the-art facilities to support storage and handling.

    Membership will enable Metal Park Investment ME LTD’s clients to adapt to market demand without infrastructure constraints.

  • DUBAI, UAE :  The Dubai Land Department (DLD) launched its new strategic plan and vision, shaping the features and landmarks...

    The new strategic plan is in line with the national agenda to build a better economy.

    DLD has a mission of enabling the real estate community by providing seamless services, effective legislation and integrated data.

  • DUBAI, UAE -  The Dubai Electricity and Water Authority (DEWA) under-construction pumped-storage hydroelectric power plant site in Hatta is 58.48...

    This is the first station of its kind in the GCC, with investments of up to US$387 million.

    The power plant will have a production capacity of 250 megawatts, a storage capacity of 1,500 megawatt-hours.

  • The firm signed PPA with the National Electric Grid of Uzbekistan.

    ACWA Power purchased three wind power special purpose vehicles (SPVs) to establish a 1.50-gigawatt (GW) wind farm in Kungrad.

    Upon implementation, the new wind farm is expected to offset 2.40 million tons of carbon emissions annually and power 1.65 million households.

  • Kuwait City, Kuwait-- Kuwait National Petroleum Company has exported the first shipment of the advanced diesel fuel to the European...

    Kuwait National Petroleum Company shipped 66,000 tons, and the shipment was produced with special specifications that fulfil the European markets' requirements.

    The energy sector in Europe faces unprecedented crisis and upsurge in the prices of electricity and gas, especially after launch of Russian-Ukrainian war.

  • Seeking to deepen energy ties, Saudi Arabia and Japan have signed two sets of cooperation agreements in the fields of...

    The deal was signed at the first ministerial meeting of the Saudi-Japanese Ministerial Dialogue for Energy in Riyadh

    Nishimura will be in Saudi Arabia, Japan’s largest importer of crude oil, until Monday and will then go to Oman, a supplier of LNG, on Tuesday

  • It refuted reported plan to acquire Wall Street Journal or the Washington Post.

    News website Axios reported on Friday that Bloomberg was interested in acquiring either Wall Street Journal parent company Dow Jones, or the Washington Post

    A spokesperson for the Washington Post, which Bezos bought in 2013 for $250 million, said on Friday it was not for sale

  • In the first nine months of 2022, real estate transactions in the region totaled more than US$143bn, surpassing the full-year...

    In the first nine months of 2022, real estate transactions in the region totaled more than US$143bn, surpassing the full-year US$136.9bn figure during 2021, says Kamco Invest

    Strong demand and price gains were witnessed by luxury residential properties, while the affordable segment also witnessed healthy gains, the report highlights

  • The Makkah Chamber of Commerce, Madinah Chamber of Commerce and the Islamic Chamber of Commerce will sign the agreement at...

    The partnership would boost the business sectors in the holy cities through exhibitions and forums, lectures, workshops and dialogues with decision-makers from the Islamic world.

    Chairman of the Board of Directors of the Madinah Chamber, Munir Muhammad Nasser bin Saad, said the agreement will contribute towards promoting cultural heritage of the holy cities

  • DUBAI, UAE -  UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri presided over the first meeting...

    The meeting highlighted the government directions to promote sustainable modern farming systems across the UAE.

    The meeting discussed the government's decisions to increase the agricultural sector’s productivity, commercial value and enhance food security.