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.
  • ExxonMobil's second quarter profits nearly quadrupled to $17.9 billion in results released Friday that underscored the elevated state of oil...

    ExxonMobil's Q2 profits nearly quadrupled to $17.9 billion that underscored the oil and natural gas prices

    The US oil giant's revenues in the second quarter rose 68.7 percent to $111.3 billion

  • Alpha Dhabi Holding has announced its financial results for the half-year ended June 30. The company reported net profit of...

    Alpha Dhabi reports net profit of US$2.2 billion in H1 2022 ending June 30, up from US$ 453 million in the corresponding period last year

    The firm is also starting to see the benefits of its expansion outside the UAE with overseas revenue accounting for US$ 572 million

  • Expenses incurred on acquisition of Bungie partly responsible.

    Sony Group now predicts net profit for 2022-23 will total 800 billion yen ($6 billion), down from its previous estimate of 830 billion yen.

    Sony said lower sales of games by non-house developers will likely dent its overall sales figures this financial year.

  • The second quarter profit increased by 134 percent.

    The net profit of the second quarter of 2022 increased by 134 percent to AED35.9 million compared to Q2- 2021's level of AED15.3 million.

    The Company's total consolidated revenue reached AED163.8 million in H1-2022 compared to AED136.6 million during H1-2021.

  • The art retailer said that Johnny Depp's collection of prints called "Friends & Heroes" was "a testament to those he...

    Depp wrote on Instagram on Thursday morning that the prints were going on sale online at Castle Fine Art, which runs a network of UK galleries

    The art retailer said that Johnny Depp's collection of prints called "Friends & Heroes" was "a testament to those he has known well and others who have inspired him as a person."

  • The company's earnings jumped on strong sales of Covid19 products.

    In the quarter ending June 30, profits were $9.9 billion, up 78 percent from the year-ago period following a 47 percent jump in revenues to $27.7 billion

    US officials last month approved emergency authorization to Pfizer and Moderna for Covid-19 vaccines in under-five-year-olds

  • Strategic partnership remains in focus as Mohammed bin Salman leaves France after heading a wide-ranging talks along with French President...

    Strategic partnership remains in focus as Mohammed bin Salman left France today after heading a wide-ranging talks along with French President Emmanuel Macron

    Earlier, a delegation of senior Saudi ministers held separate talks with their French counterparts at at the Elysée Palace

  • UAE and Kenya announced their intention to begin talks for a Comprehensive Economic Partnership Agreement (CEPA) between the two countries...

    UAE and Kenya announce their intention to begin talks for a Comprehensive Economic Partnership Agreement

    If inked, the CEPA pact will be the first free trade deal between UAE and an African nation

  • Net Profit of Aldar in Q2 2022 amounted to $229 million.

    Aldar's group sales rose to a record level of AED 5.33 billion ($1.45bn) for H1 2022.

    Sales surge was driven by strong domestic and international demand for existing inventory.

  • ADNOC Distribution will acquire 50 percent stake in TotalEnergies Egypt.

    ADNOC Distribution said it will acquire a 50 percent stake in TotalEnergies Egypt for about US$186 million

    The acquisition will also see the refurbishment of several service stations to full ADNOC branding