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.
  • Saudi and the UAE equities beat sluggishness of the past few weeks, recording gains across many sectors, with Abu Dhabi...

    The decline in oil prices in the previous trading session impacted the Saudi Stock Exchange index, which finished Sunday (December 11, 2022) down 1.1 percent at 10,138.3 points

    Abu Dhabi's index rose by 1.6 percent on Friday (December 16, 2022), marking its most significant percentage increase since late October

  • There are as many as 5,000 British companies operating in the UAE, many of which depend on safe data transfers.

    There are as many as 5,000 British companies operating in the UAE, many of which depend on safe data transfers

    DIFC is the first financial centre in the MEASA region to engage with the UK Government on an adequacy assessment

  • Despite robust opposition from Europe's biggest clubs, FIFA chief Gianni Infantino has announced plans for a 32-team Club World Cup...

    Infantino said the new-look tournament would be even bigger than first planned.

    He said next year's Club World Cup, in its current format, would take place in Morocco from February 1 to 11, 2023

  • Sharjah, UAE-- A total of 2,813 real estate transactions valued at AED 2.7 billion ($735 million) were recorded in Sharjah...

    A total of 2,813 real estate transactions valued at AED 2.7 billion ($735 million) were recorded in Sharjah during November, compared to AED 1.9 billion in October.

    The report revealed that real estate market sales covered a total area of 13.3 million square feet, distributed over 99 locations.

  • Tadweer's full share ownership was transferred to ADQ.

    Tadweer is the sole custodian of waste management for the emirate of Abu Dhabi.

    ADQ’s energy and utilities portfolio also includes Abu Dhabi National Energy Company (TAQA), Emirates Nuclear Energy Corporation (ENEC).

  • New York, USA - Ardian, a world leading private investment house, and Mubadala Capital, the asset management arm of Mubadala...

    The two companies have built a strong relationship since forming a successful initial partnership in 2017

    They have curated a portfolio of ten limited partnership interests with a leading group of General Partners predominantly in North America and Europe

  • Global stocks sank as central banks hiked interest rates again and signaled they needed to go higher to tame inflation....

    ECB president Christine Lagarde warned that inflation in the 19-nation eurozone was still "far too high" and more action needed to be taken.

    The world's major central banks are seeking to dampen red-hot inflation.

  • Located in the Norwegian waters of the North Sea, the Johan Sverdrup field which until now pumped some 535,000 barrels...

    The field, which is believed to hold 2.7 billion barrels of recoverable oil equivalent, will represent about a third of Norway's total oil production.

    Equinor owns 42.6 percent of the Johan Sverdrup field, alongside Norway's Aker BP (31.6 percent) and Petoro (17.4 percent), while France's TotalEnergies owns 8.4 percent.

  • Industrial production in the US slumped in November with "broad based" decreases, the Federal Reserve said, as output for bigger-ticket...

    The Fed has raised its benchmark lending rate seven times this year in an effort to cool the world's biggest economy.

    Total output dropped 0.2 percent in November, with the first decline in months defying analysts' expectations of an uptick, according to Fed data.

  • The company will build a 120MW solar project in South Africa.

    The Doornhoek PV Project will sell electricity to the state utility, Eskom, under a 20-year Power Purchase Agreement.

    AMEA Power is the majority shareholder in the $120 million project and has partnered with a consortium wholly owned by African women.