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.
  • Wall Street stocks shrugged off early weakness to begin the second half of 2022 on a solid note Friday, but...

    Investors are coming off the worst six-month start to a year for the S&P 500 since 1970

    The ECB stated last month that it will deliver its first interest rate hike in more than a decade in July to combat inflation

  • The third edition of The Jewels of Emirates Show, UAE’s inaugural event specializing in diamond jewelry, gold, silver and luxury watches...

    The four day event is organized by Expo Centre Sharjah with the support of the Sharjah Chamber of Commerce & Industry.

    The show has numerous special surprises for its visitors, including valuable gold, jewelry gifts and vouchers up to 1000AED.

  • The metaverse version -- where players largely do the same thing but can earn cryptocurrency rewards and buy extra kit...

    Borget is co-founder of The Sandbox, a platform that began as a game for mobile phones and PCs but is transforming itself into a virtual world

    Brands like Gucci and Adidas, financial firms Axa and HSBC, and Warner Music are among those who have chosen to set up shop in The Sandbox

  • Anwar Gargash, Diplomatic Adviser to UAE President, discussed developing ties across various domains with Minister of Foreign Affairs of the...

    The two reviewed means to enhance cooperation to promote progress, prosperity.

    They also discussed various developments in the regional and international arenas.

  • The Comprehensive Economic Partnership Agreement (CEPA) signed between Indonesia and the UAE on Friday will bring economic prosperity to a...

    The trade pact is expected to boost imports of petrochemicals from the UAE to Indonesia

    Indonesia imports around two million tonne of petrochemicals annually from the global market

  • UAE Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber said the country continues to empower the...

    UAE empowers the industrial sector and increase its competitiveness by leveraging its resources, advantages and capabilities

    The strategy will support national industrial growth, nurture and empower Emirati talent, create a smart circular economy

  • The move came after share price of its former energy unit fell sharply.

    The drop in the value of Siemens Energy meant the parent company's 35 percent holding in the spin-off at "significantly below the book value".

    Siemens Energy's wind-energy subsidiary Siemens Gamesa has struggled to turn a profit despite surging demand for renewable energy.

  • Industrial sector performs key role in Abu Dhabi’s economy and a new industrial financing entity will soon be established for...

    ADDED chairman says a new industrial financing entity will soon be established for large industries and SMEs

    He said initiatives such as reducing electricity, water and gas tariffs have been launched to attract investments

  • A new industrial financing entity will soon be established in Abu Dhabi to finance large industries and small and medium-sized...

    The entity will finance large industries and SMEs as industrial financing requires the establishment of new frameworks, Al Hammadi said.

    Abu Dhabi's industrial sector contributed about AED 83.5 billion to the emirate's GDP in 2021.

  • AD Ports Group's cash reserves to fully fund the deal.

    It is the first international acquisition by AD Ports Group.

    IACC wholly owns two Egypt-based maritime companies, Transmar International Shipping Company and Transcargo International S.A.E.