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.
  • Exports of non-plug-in hybrid cars were valued at €22.9 billion, which was more than half of the total extra-EU exports...

    Exports of non-plug-in hybrid cars were valued at €22.9 billion, which was more than half of the total extra-EU exports of hybrid and electric cars (55 percent)

    Electric cars are an important part of the energy transition and they are becoming increasingly popular, with international trade in hybrid and full electric cars on the rise

  • The proposed bilateral business council, aimed at developing joint projects and exchange expertise, is likely to be formed by the...

    The proposed bilateral business council, aimed at developing joint projects and exchange expertise, is likely to be formed by the first quarter of 2023

    The amount of crude that Japan imported during that month amounted to 84.58m barrels, of which 80.10m barrels, originated from five Arab countries

  • EU chief Ursula von der Leyen said the bloc must act to address "distortions" created by Washington's $430-billion plan to...

    EU countries have poured criticism on Washington's landmark Inflation Reduction Act, seeing it as anti-competitive and a threat to European jobs

    The act, designed to accelerate the US transition to a low-carbon economy, contains around $370 billion in subsidies for green energy as well as tax cuts

  • Madrid, Spain---Saudi Arabia has joined the International Olive Council (IOC), a UN affiliated intergovernmental organization aimed at developing and expanding...

    The council is a UN affiliated intergovernmental organization aimed at developing and expanding olives and olive oil trade.

    The Council also encourages the member countries to develop and modernize commercial standards for products and improve their quality.

  • Major oil-producing countries led by Saudi Arabia and Russia agreed to maintain their current output levels. Representatives of 13 members...

    OPEC+ decided to stick to their course agreed in October of a production cut of two million barrels per day until the end of 2023.

    On Friday, the EU, G7 and Australia agreed a $60-per-barrel price cap on Russian oil, which will come into effect on Monday.

  • Dubai, UAE---Luberef, a subsidiary of Saudi oil giant Aramco, expects to raise up to SAR 4.95 billion ($1.32 billion) from...

    The company will sell nearly 30 percent of its share capital to individual and institutional investors, which translates into 50.045 million shares, and list on the Saudi Exchange.

    In a Tadawul filing, Luberef said the price range for the offering has been set between SAR 91 and SAR 99 per share.

  • AMMAN, JORDAN - Jordan's Minister of Investment Kholoud Saqqaf on Sunday received Indian ambassador in Amman Anwar Haleem for a...

    The minister briefed the envoy on the investment climate in the Kingdom and potential opportunities in various sectors.

    She emphasized business-friendly legislation and simplified government service delivery.

  • Israeli President Isaac Herzog arrived in Bahrain, the first visit by an Israeli head of state to the small Gulf...

    Accompanied by an economic delegation, Herzog said he would discuss "ways to strengthen our economic cooperation".

    Herzog said he would then travel to UAE's capital Abu Dhabi.

  • Dubai, UAE---Dubai’s Roads and Transport Authority (RTA) has awarded contracts for constructing three all-inclusive Truck Rest Stops in partnership with...

    The three stops that will be built over a total area of 226,000-sq meters can accommodate 500 trucks and heavy vehicles.

    The three stations are situated in key areas nearby key roads and logistical cities that witness considerable numbers of trucks every day.

  • Vienna, Austria— Major oil-producing countries led by Saudi Arabia and Russia look set to maintain their current output levels at a...

    OPEC is due to consult with 10 other oil-producing nations, including Russia, to review their decision in October to cut production by two million barrels per day

    the EU, G7 and Australia agreed a $60-per-barrel price cap on Russian oil, which will come into effect on Monday or soon after