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.
  • Bank to pay fine on money laundering, tax fraud charges.

    Credit Suisse said it had reached the settlement to resolve a legacy matter in relation to investigation into historical cross-border private-banking services.

    The bank added that the settlement does not comprise a recognition of criminal liability.

  • Aliph Capital is an alternative investment firm focused on private equity investing.

    Aliph Fund I (LP) is a $250 million target private equity fund domiciled in ADGM aiming to invest in high-quality mid-sized companies in the UAE.

    Aliph Capital will seek to acquire sizeable, active positions in privately owned mid-market companies across the GCC that possess robust business fundamentals, the company said.

  • The two firms signed a partnership to provide bespoke credit solutions.

    In APAC, KKR has deployed nearly US$3 billion in credit capital since 2019.

    The APAC credit business is part of KKR's approximately $178 billion global credit platform.

  • The step followed penalty for faulty sleep respirators.

    The new chief executive Roy Jakobs said Philips would double down on patient safety and quality management

    The company posted a net profit of three billion euros in the third quarter last year, helped by the sale of its domestic appliances business

  • The company also announced the winning products of the Co-Innovation Award, the launch of the first Local Technology Guide in...

    The company also announced the winning products of the Co-Innovation Award, the launch of the first Local Technology Guide in the Middle East and North Africa

    It also issued the first Local Technology Products Guide in the MENA to facilitate access to local products developed by IT and emerging technologies companies

  • The bank's profit rose to $1.3bn in the first nine months of 2022.

    The bank saw its shares increase 1.84 percent at the end of Sunday to reach SR36

    The profit hike was buoyed by higher operating income, due to an increase in earnings from net special commissions, fees and commissions

  • Publishing a video of the action on Twitter, the environmental protest group Last Generation wrote: "If it takes a painting...

    Dressed in black with orange vests, the two activists poured the mashed potatoes on the painting before squatting in front of it and sticking a hand each on the wall

    In a similar stunt on October 14, two environmental protesters hit van Gogh's world-renowned work with tomato soup at the National Gallery in London

  • Doha, Qatar— Qatar Tourism has thrown open more than 20 hotels, resorts and new tourist destinations in the country ahead...

    The projects and tourist attractions will be ready to receive football fans from next month

    New attractions include entertainment venues, seaside and beach clubs, arts and culture houses, shopping malls, and the new Qatar 2022 hotels and resorts

  • The agreement gives Shell an effective net participating stake of 9.375 percent in the NFS project, out of a 25...

    The agreement gives Shell an effective net participating stake of 9.375 percent in the NFS project, out of a 25 percent interest available for international partners

    The North Field Expansion Project, comprising NFS and the North Field East (NFE) expansion projects, is the industry's largest-ever LNG project

  • DUBAI, UAE - UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the World Food...

    The Minister held meetings with several high-level FAO officials on the UAE’s contribution in tackling global food and nutrition insecurity.

    The event drew governments, youth champions, global influencers and non-profit organizations to support youth-led transformation of agrifood systems.