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.
  • Gazprom CEO Alexei Miller said that Moscow will play by its own rules after cutting daily gas supplies to Germany...

    Gazprom CEO Alexei Miller said that Moscow will play by its own rules after cutting daily gas supplies to Germany and Italy

    Italian energy giant Eni also reported problems, saying it will receive only 65 percent of the gas requested Thursday from Gazprom

  • Intelligent transportation system, speedy 5G deployment and heavy investment in AI are pushing region's smart city growth, says Omar Christidis,...

    Saudi Arabia alone has plans to invest $36 billion in transportation infrastructure projects over the coming 11 years

    Around 83 percent of the Saudi population lives in urban areas, and urbanization is expected to grow to 97.6 percent by 2030

  • British economic output declined for the second month in a row in April, weighed down by rocketing prices that are...

    BoE policymakers agreed at a regular meeting to increase the cost of borrowing by a quarter-point to 1.25 percent.

    Pound fell 1 percent against the dollar following the announcement, one day after the Federal Reserve hiked US interest rates.

  • The profit result was "200 percent above its highest annual historical profit".

    Qatar Airways, the Middle East's second biggest airline after Emirates, had reported in September last year an overall loss of $4.1 billion in the 2020-2021 financial year.

    The Qatari airline said it carried 18.5 million passengers in 2021-2022, an increase of 218 percent over the previous 12-month period.

  • The debt dates back to 2020, but payment was stalled amid sanctions against Iran by the United States.

    Baghdad had been scheduled to pay that amount to Tehran before the start of June.

    Tehran has repeatedly cut off gas supplies to force Baghdad to pay off its debts.

  • The group has seven eLink stations, five located in Dubai and two in Abu Dhabi.

    The eLink station is a mobile fuelling format that enables motorists and customers with easy access and convenient fuelling services.

    Since its launch, eLink has fuelled over 100,000 vehicles with a total fuel volume of nearly 5 million.

  • An integrated, modern, end-to-end solution can provide SMBs with more visibility, flexibility and efficiency in managing finances, operations and people....

    Many small and medium businesses still use a combination of standalone, on-premises business solutions for accounting, payroll and human resources

    An integrated, modern, end-to-end solution can provide SMBs with more visibility, flexibility and efficiency in managing finances, operations and people

  • Price for the 625,000,000 shares ranges between AED2.46 and AED2.67 per share.

    Tecom Group, the owner, manager and operator of 10 business districts across Dubai, will float 625,000,000 shares

    The qualified institutional offering and the exempt offer subscription period is expected to run from June 16-24

  • Aramco publishes its first sustainability report which outlines ways in which the company plans to further tackle emissions while delivering...

    The report provides information on Aramco's efforts to support the broader energy transition

    Aramco expects to update the sustainability report on an annual basis

  • Russia's war against Ukraine has exposed our European dependency on Russian fossil fuels, and we want to get rid of...

    The memorandum of understanding on gas exports between Egypt, Israel and the EU was signed at the East Mediterranean Gas Forum.

    Under a $15 billion deal in 2020, Israel already exports gas from an offshore field to Egypt, where it is liquefied and shipped to Europe.