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 UAE President Sheikh Mohamed and the King of Malaysia Al-Sultan Abdullah have witnessed the signing of...

    The award to Malaysia’s national oil and gas company launches the Middle East’s first unconventional oil concession

    Under the six-year concession agreement, PETRONAS will hold a 100% stake and operatorship to explore for and appraise unconventional oil

  • The Portuguese football star Cristiano Ronaldo is likely to sign a $210 million a season blockbuster deal with Saudi Arabian...

    One source said the club were in "serious negotiations" with the 37-year-old but an agreement had not yet been reached because of issues with Ronaldo's image rights

    The striker helped his team triumph at Euro 2016 and has won an impressive haul of silverware across a glittering club career with United, Real Madrid and Juventus

  • Investors are paying greater attention than ever before to the founders' backgrounds, personalities and achievements, says Arwa Shafi of Saudi...

    Investors are paying greater attention than ever before to the founders' backgrounds, personalities and achievements, says Arwa Shafi of Saudi startup accelerator TAQADAM

    Startups with experienced professionals on the founding team have a higher success rate, Also, founders who start a firm in their area of expertise have better chances of success

  • ABU DHABI, UAE - Experts from UK and the UAE participated in a Sci-Tech Virtual Tour of the Emirates science...

    The tour was launched to facilitate business-to-business introductions between stakeholders and investors.

    During the virtual tour, delegates discussed decarbonization, affordability, supply of renewable energy.

  • Credit Suisse itself has previously said it had $500 million committed from an unnamed investor, and its chairman said last...

    Citing unnamed sources familiar with the matter, the US financial newspaper listed several potential investors in the new unit.

    Credit Suisse unveiled a dramatic restructuring plan at the end of October, focused on radically transforming its investment banking unit.

  • DUBAI, UAE - The Dubai Health Authority recently won the 'Best in Future of Operations' category at the International Data...

    DHA was recognized as an entity that has successfully rethought the ways in which its operations are managed keeping digital transformation in mind.

    IDC hosted over 200 senior IT and business leaders from across the UAE for the IDC DX Forum 2022.

  • Al Kaabi is the CEO of Mubadala's UAE Investment platform.

    ADNOC's new Low Carbon Solutions & International Growth vertical will be focused on new energies and low carbon solutions.

    Prior to the UAE Investments Platform role, Musabbeh was CEO of the Petroleum & Petrochemicals platform from 2017 to 2020.

  • World oil prices rallied after more easing of Covid containment measures in China and as a price cap on Russian...

    In currency trading, the dollar was mixed against its main rivals.

    The Kremlin insisted the cap would not affect Russia's military campaign in Ukraine.

  • Payment for settling graft claims against firm in DR Congo.

    The settlement with DRC is related to investigations by the country's authorities and the US Department of Justice, Glencore said.

    Glencore disclosed in 2018 that the US Justice Department had launched a corruption investigation linked to the group's business in Nigeria, Venezuela and DRC.

  • French fashion house Dior debuted its latest collection Saturday at the Giza pyramids, after Italian designer Stefano Ricci held a...

    Dior CEO Pietro Beccari said the fashion house chose the pyramids as far more than "just a useless background", drawing on Egyptian astrology for the collection named "Celestial'.

    Showcasing Egypt's heritage in a new context "will encourage other brands and international cultural figures to come to Egypt," said art historian Bahia Shehab.