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.
  • The branches cater to northern, southern areas.

    In 2017, the bank inaugurated its first full-fledged branch in India’s commercial centre, Mumbai.

    The bank’s 60-second zero-fee digital funds transfer service to India, DirectRemit, has facilitated 2.5 million remittances to India.

  • AMMAN, JORDAN - Jordan's real estate trade picked up by 23 percent to US$6.8 billion (JD4.875 billion) in 2022's January-October...

    State's revenue from the real estate market stood at US$344 million by the end of October in Jordan.

    Trade volume in the Jordanian real estate market went up in October 2022 by 21 percent compared to October 2021.

  • The World Trade Organization urged countries to abolish trade barriers in environmental goods and services to help fight climate change....

    Trade is a force for good for climate and part of the solution for achieving a low-carbon, resilient and just transition, the WTO said.

    Reducing tariffs and non-tariff measures on energy-related environmental goods could increase exports of these products by five percent by 2030, the WTO said.

  • It posted a net profit of $1.36bn in H1.

    It announced a return to profit as the aviation sector recovers following the lifting of Covid travel restrictions

    The airline said it flew 95 million passengers in its first half, up from 39 million one year earlier

  • Owing to Covid restrictions in central China, Apple has said that production at the world's largest iPhone factory has been...

    Foxconn locked down its massive factory in Zhengzhou last month after a spike in infections -- in line with China's zero-Covid policy

    Multiple workers have recounted scenes of chaos and increasing disorganization at Foxconn's complex of workshops and dormitories

  • It will run new flights to Europe and Asia in 2023.

    The new flights will run to European cities such as Milan and Cagliari in Italy as well as Corfu in Greece

    The launch of the six new routes will elevate flydubai’s network to a total of 113 destinations across 53 countries

  • Cairo, Egypt— Suez Canal Authority will make an investment of $550 million in the current fiscal year, according to Minister...

    The revenue of Suez Canal increased in the third quarter of this year by 23.5 percent year-on-year to hit $2.1 billion — the highest figure ever recorded

    As many as 6,252 ships crossed the canal from July to September, with a total net payload of 372.7 million tons

  • Meta is planning to sack thousands of employees this week, becoming the latest tech firm to scale back its workforce....

    The latest plans from Meta follow recent announcements by other tech firms to freeze hiring or cut their workforce as the industry fights economic headwinds

    Twitter, freshly acquired by Elon Musk, abruptly fired about half of its 7,500 employees last week

  • While some expect cryptocurrencies to fall even deeper before staging a sustainable recovery, others hope that the market will get...

    While some expect cryptocurrencies to fall even deeper before staging a sustainable recovery, others hope that the market will get healthy in the last quarter of 2022.

    Many observers believe that bitcoin and gold share some similarities, which may be another factor pushing the cryptocurrency's price.

  • Kuwait City, Kuwait - The Kuwait Integrated Petroleum Industries Company (KIPIC) has started commercial operations of the first phase of...

    The project started last month to produce and sell primary quantities of fuel oil and supply it to local electric power stations.

    Acting CEO of KIPIC Waleed Al-Bader said the operation is important and a mainstay of the country's development plan.