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.
  • Mumbai, India - India's central bank governor warned Wednesday that cryptocurrency markets risked causing the next global financial crisis, saying the...

    The comments close out a challenging year for India's millions of crypto owners, who are already reeling from a global market collapse and steep domestic taxes.

    Cryptocurrencies have been under the scrutiny of Indian regulators with a rise in fraudulent transactions leading to a central bank ban in 2018.

  • Rabat, Morocco - UAE and Morocco discussed ways of boosting their cooperation and investment opportunities in industry, economy, investments, culture,...

    The discussion occurred between Sultan Ahmed Al Jaber, UAE's Minister of Industry and Advanced Technology and Aziz Akhannouch, Prime Minister of Morocco.

    Al Jaber also held meetings with Riyad Mazour, Moroccan Minister of Industry and Trade, and Leila Benali, Moroccan Minister of Energy Transition and Sustainable Development.

  • The high-density polyethylene complements its Trucircle range.

    The company said the new product is part of the company's commitment to contribute in promoting the circular economy of plastics.

    The new material was specially developed for motor oil and lubricant oil bottles manufactured through blow molding technology.

  • After the transaction, OMV will hold 31.5 percent.

    Through this investment in OMV, which holds a 75 percent stake in Borealis, ADNOC will increase its shareholdings in both Borealis and Borouge.

    ADNOC will acquire the stake from Mubadala. Financial details of the transaction are not being disclosed.

  • The limit will increase from 49% to 100%.

    Tabreed shareholders, in September, gave a go-ahead to remove the limit of shares that foreigners can invest in.

    It reported a net profit of US$65.4 million for the first half of the year, an increase of 3 percent compared to a year ago

  • Profits for the Q1 came in at $1.3 billion.

    Profits for the quarter ending at November 30 came in at $1.3 billion, the same as in the year-ago period while revenues jumped 17 percent to $13.3 billion

    In the most recent quarter, Nike's gross margin declined compared with the prior quarter due to higher markdowns, especially in North America, Nike said.

  • In the poll results which were posted on Monday, 57 percent of voters, or 10 million votes, favored Musk stepping...

    In the poll results which were posted on Monday by the Twitter's new CEO, 57 percent of voters or 10 million votes favored Musk stepping down

    Polling company HarrisX on Tuesday tweeted out their own poll of Twitter users, in which 61 percent of respondents voted to keep Musk as CEO

  • Algiers, Algeria-- Sonatrach of Algeria and VNG AG of Germany have signed a memorandum of understanding for the construction of...

    According to the Algerian authorities, the proposed plant will have a production capacity of 50 MW

    Sonatrach said the agreement will explore opportunities for cooperation in the field of hydrogen and of green ammonia to be exported to Germany

  • The two will manufacture 'innovative' drugs in Abu Dhabi.

    The agreement focuses on collaboration in four key areas including localizing innovative industries, research and development, innovation and sustainability at a global scale

    It cements the emirate’s position as a hub for research and innovation in life sciences and is the latest in a series of longstanding partnerships with key players in the industry

  • In all economic spheres from financial to commodities, credibility is a key ingredient to building the trust and confidence that...

    Playing politics with statistics and forecasting and not maintaining objectivity tend to backfire and result in loss of credibility, says Saudi Energy Minister Prince Abdulaziz

    OPEC+ has maintained its demand figures for 2021 while some others have grossly and consistently underestimated historical and current demand resulting in discrepancies