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.
  • Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region and Chairman of the Emirates Falconers’ Club (EFC),...

    Chairman of the Emirates Falconers’ Club has issued directives for development of the strategy of Abu Dhabi International Hunting and Equestrian Exhibition

    The development of ADIHEX strategy is to enhance its role in preserving UAE's cultural heritage, protecting the environment and promoting sustainable hunting

  • An Irishman at risk of losing his farm. An American having suicidal thoughts. An 84-year-old widow's lost life savings: People...

    Celsius owed $4.7 billion to its users, according to a court filing earlier this month

    Celsius clients reported heavy stress and feelings of deep shame for putting their money in the firm and now begging for refund

  • The Central Bank of the UAE (CBUAE) has decided to increase the debt burden ratio of the beneficiaries of home...

    The notice included details of the CBUAE decision, in agreement with SZHP and in line with Article (5) of the Regulations Regarding Mortgage Loans, issued in 2013

    The decision also stated that UAE nationals, with long-term loans, shall be provided the flexibility to obtain housing loans of SZHP

  • Saudi Arabia and the UAE have supplied around 80 percent of Japan's oil demand for the month of June, followed...

    Saudi Arabia provided 27.39 million barrels, an increase from the previous month of 27.10 million barrels, 27.14 million barrels came from UAE

    In June, for the first time in years, there were no oil imports from Russia

  • Mohammed bin Salman's recent Europe visit after US President Joe Biden’s trip to Jeddah suggests that KSA wants to diversify...

    Mohammed bin Salman's recent Europe visit after US President Joe Biden’s trip to Jeddah suggests that KSA wants to diversify its partners amidst global uncertainties, say experts

    Both Saudi Arabia and France want to play a crucial role in stabilization of the region. Paris, in particular, wants greater involvement of Riyadh in Lebanon

  • A judge has ordered a five-day trial over Twitter's lawsuit against Musk to begin on October 17.

    The 164-page filing was submitted as being "confidential," meaning the documents were not accessible by the public.

    Musk's filed case against Twitter's claim that he is contractually bound to complete deal he inked in April to buy Twitter.

  • Istanbul Airport ranked first in Europe in terms of the average number of daily flights during the period of July...

    The Airport exceeded the French Charles de Gaulle Airport and Amsterdam Airport Schiphol by number of flights

    Istanbul Airport also topped the list of airports in terms of the number of passengers during the month of June

  • Russian energy giant Gazprom Saturday suspended gas supplies to Latvia following tensions between Moscow and the West over the conflict...

    Gazprom suspended its gas supplies to Latvia due to "violations of the conditions" of purchase, the company said on Telegram.

    Gazprom drastically cut gas deliveries to Europe via the Nord Stream pipeline on Wednesday to about 20 percent of its capacity.

  • Dubai Electricity and Water Authority (DEWA)’s Marafeq Smart Feature has contributed to accelerating issuing of No Objection Certificates (NOCs) for...

    DEWA’s Marafeq Smart Feature has enhanced collaboration with other utilities in Dubai

    Till the end of June 2022, around 15,000 NOCs have been approved using this feature

  • Credit facilities provided by national banks to the business and industrial sector rose 1.92 percent to US$3.5 billion (AED13.1 billion)...

    The cumulative balance of credit provided by national banks to the sector on a year-on-year basis grew by 2.14 percent.

    Value of credit facilities extended by national banks to the sector accounted for 89.1% of gross accumulative credit balance.