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.
  • Described by his admirers as the white knight of a sector plunged into turmoil, SBF suddenly saw its star fade...

    Bankman-Fried has pledged to donate almost all of his fortune to his favored causes, like animal welfare and the fight against global warming

    Just over 24 hours after denying rumors of trouble, Bankman-Fried announced on Twitter that he had reached a "strategic transaction" with Binance

  • Although its subscriber base has swelled by 12 million users, Disney+ has seen its operating losses touch $1.47 billion for...

    Disney+, fast on the heels of Netflix, is about to launch a cheaper but ad-supported subscription offering to attract even more viewers

    Sales and profit for the entertainment group as a whole were below analyst expectations and shares in Disney fell as much as 7.9 percent in late trading

  • The three nations vow to advance clean energy and sustainable water desalination projects announced last year, while UAE, Indonesia unveil...

    The three nations vow to advance clean energy and sustainable water desalination projects announced last year, while UAE, Indonesia unveil Mangrove Alliance for Climate at COP27

    Led by the UAE and Indonesia, the MAC initiative seeks to scale up and accelerate the conservation and restoration of mangrove ecosystems for the benefit of communities worldwide

  • The new CEO is being given a five-year contract, the firm said.

    Bjorn Gulden, the Norwegian former professional football and handball player will take on the role from January next year

    He has held senior roles at companies including shoe retailer Deichmann and clothing and sports equipment company Helly Hansen.

  • No financial terms were disclosed of the proposed deal.

    Bitcoin slid more than five percent, trading back under $20,000 before recovering.

    FTX's FTT token slumped 25 percent to its lowest levels since early 2021.

  • Revenue was up 12% to reach $4.2 billion for the same period.

    An interim cash dividend of 10 fils, totaling $140 million was distributed in September 2022.

    The company added 3.5 million active subscribers to a total of 52 million customers, a 7 percent  year-on-year growth.

  • Global stock markets mostly moved higher as Americans headed to the polls in midterm polls. The dollar got back some...

    Investors are waiting on US inflation data due on Thursday for a pointer on the interest path ahead.

    The broader S&P 500 and tech-heavy Nasdaq wobbled around before moving higher.

  • AMMAN, JORDAN - Jordan imported about 405,550 barrels of crude oil from Iraq in October, an average of 13,000 barrels...

    Jordan had imported roughly three million barrels of Iraqi crude from September 2021 to October 2022.

    The crude oil was transported by 11,565 Jordanian and Iraqi tanker trucks.

  • DUBAI, UAE - UAE's Ministry of Health and Prevention (MoHAP) discussed with the Russian Ministry of Industry and Trade ways...

    The two sides discussed ways to encourage more Russian companies to transfer some of their production lines to the UAE.

    The two sides discussed exchange of medical expertise and ways to expand partnerships in the pharmaceutical sector between UAE and Russia.

  • Customer deposits up by 9.2% to reach $5.79 bn.

    Net loans, advances and financing grew by 7.3 percent, reaching RO 2.538 billion.

    The bank's operating income and expenses also increased to the tune of 13 percent (RO 67.93 million)