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--- Abu Dhabi National Oil Company (ADNOC) announced on Monday that it has set a new Upstream Methane...

    ADNOC’s 0.15 percent methane intensity target means ADNOC will be ranked in the Gold Standard category by the Oil and Gas Methane Partnership 2.0 (OGMP 2.0.

    Oil and Gas Methane Partnership 2.0 (OGMP 2.0 is a a multi-stakeholder initiative launched by the United Nations Environment Program (UNEP) and the Climate and Clean Air Coalition.

  • With prices falling and ports clogged with liquefied natural gas tankers, fears of a winter heating crisis in Europe have...

    Spanish gas regulator Enagas says the backlog at ports is expected to last at least until this week.

    Europe has made efforts to fill its storage facilities to reduce dependence on Russian gas and sought alternative suppliers.

  • As per estimates by the General Authority for Statistics (GASTAT), real Gross Domestic Product (GDP) of Saudi Arabia grew by...

    The seasonally adjusted real GDP increased by 2.6 percent in the third quarter 2022 compared to the second quarter this year.

    Non-oil activities grew by 5.6 percent and government services activities by 2.4 percent on a year-on-year basis.

  • The total offering size expected between $357m and $362m.

    On Oct. 24, Empower announced it will list 10 percent stake in its IPO and list a portion of its ordinary shares for trading on the Dubai Financial Market (DFM).

    Empower said that 1 billion shares, each with a nominal value of AED0.10 (ten fils) will be made available in the offering.

  • Years of strict pandemic controls and a political crackdown have hammered the Asian finance hub's economy and sparked an exodus...

    In contrast to mainland China where crypto has been all but banned, Hong Kong is looking to relax regulations and claw back some of the business that has left

    A fintech conference opened on Monday and will be followed on Wednesday by a finance summit attended by some of the world's top bankers

  • Dubai school operator plans to expand its network.

    Taaleem will offer 10% of its shares to retail investors starting Nov 10, and 88% of its shares to professional investors on Nov. 17

    The company said another 2% will be offered to Eligible Employees and Eligible Parents

  • Doha, Qatar— Qatar and Azerbaijan have decided to enhance relations in the fields of energy and trade and in this...

    Minister of Economy of Azerbaijan, Mikayil Jabbarov, lauded the relations both countries enjoy, noting that Azerbaijan is eager to further develop its relations with Qatar

    The Qatar-Azerbaijan Joint Business Council aims to assist in setting up direct partnership links between business entities of both countries

  • The program, launched by Saudi Crown Prince and Prime Minister Mohammed bin Salman, has identified more than 800 investment opportunities...

    The new industrial strategy envisages tripling the country’s industrial domestic product and doubling the value of industrial exports to $148.2 billion.

    The Crown Prince said the program will make the kingdom a leading industrial power that “contributes to securing global supply chains and exporting high-tech products to the world”

  • The selection was made from among 42 competing startups which presented their projects in front of a specialized judging panel.

    The selection was made from among 42 competing startups which presented their projects in front of a specialized judging panel

    The startups in IdeaCamp will enjoy DIC guidance and support throughout their incubation, as well as office space for two years

  • It recorded $173m profit in the first nine months of 2022.

    The food company said in a bourse filing that it had also posted a 20 percent revenue jump to $5.60 billion

    For the third quarter of 2022, net profit jumped 34 percent to $44 million, from $33 million in the same period last year