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.
  • It will build a plant in Poland to build fully electric vans.

    The site will be located in Jawor, southwestern Poland, where the group has already been manufacturing combustion engines since 2019.

    It comes as Mercedes and rival automakers globally are spending vast sums as part of a major industry-wide shift towards electrification.

  • The record date for the dividend is 22 Dec. 2022.

    DEWA, which is listed on the Dubai Financial Market, held its second general assembly for 2022 under the chairmanship of Matar Humaid Al Tayer, Chairman of the Board of Directors.

    “This dividend yield is more attractive than most companies listed on the ADX, DFM, and Tadawul, as well as other global utility companies,” said Al Tayer.

  • The US biopharma firm will pay US$28 billion for the deal.

    This is the biggest acquisition of the year in the health sector.

    The deal is subject to approval by US regulators and if all goes well it should be concluded in the first half of 2023, Amgen said.

  • Paris, France--- French energy giant TotalEnergies said Monday that several teams were working in collaboration with the Lebanese Petroleum Administration...

    TotalEnergies owns 60 percent of Block 9 and its partner in the project, Eni, the remaining 40 percent.

    Block 9 is within the territorial waters of Lebanon, which reached a maritime agreement with Israel.

  • Dubai, UAE---Dubai Multi Commodities Centre (DMCC), which is currently home to more than 50 gaming companies, has launched the DMCC...

    Under the DMCC Gaming Centre, members will have access to the wider esports community through regular events and esports tournaments.

    Members will have the opportunity to join gaming specific acceleration and market entry programmes through DMCC ecosystem partner, AstroLabs.

  • ABU DHABI, UAE - The General Pension and Social Security Authority (GPSSA) said that the registration of insured individuals in...

    Emirati nationals should not be less than 18 years old nor over 60.

    Entities operating in the field of tourism and hotels, including in the free zones, who employ Emiratis are all subject to the provisions of the law.

  • The milestone was achieved in a year which has seen Hub71 onboard 53 high growth technology companies.

    The milestone was achieved in a year which has seen Hub71 onboard 53 high growth technology companies

    Hub71 has built a diverse capital ecosystem of active investment partners ranging from Mubadala Investment Company to over 30 VC firms to family offices

  • Makkah, Saudi Arabia---Umm Al-Qura for Development and Construction Company, owner and developer of Masar Destination, an integrated urban destination in...

    Baytur Construction Company appointed main contractor and Al Dar to supervise the implementation.

    The agreement boasts the famous hospitality brand Kempinski and the international Taj chain for the first time in Makkah.

  • As part of its monetary policy tightening, the ECB will on Thursday outline the next steps in its efforts to...

    Following two consecutive interest rate hikes of 75 basis points, markets are on tenterhooks to see whether the ECB will keep up the aggressive pace or downshift to 50 basis points

    This week's meeting of the ECB's 25-member governing council in Frankfurt will be the final one of 2022, a year that will be remembered for unprecedented consumer price shocks

  • Musk also posted a meme showing Fauci telling US President Joe Biden, "Just one more lockdown, my king..." -- in...

    Musk posted a meme showing Fauci telling US President, "Just one more lockdown, my king..." -- in apparent criticism of the Covid mitigation measure

    Vaccine scientist Peter Hotez called on Musk to delete the tweet, saying, "200,000 Americans needlessly lost their lives from covid due to such misinformation