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.
  • Abu Dhabi, China’s Shandong agree to work towards boosting investment opportunities

    The MoU aims to enhance industrial cooperation, facilitate delegation visits, investor meetings

    It seeks to organize entrepreneurship, management consultancy training programs between companies

  • Saudi Arabia has awarded the building of a five-kilometer-long tunnel in the city of Madinah to a Chinese construction firm,...

    Canada’s WSP and US-based Parsons are among consultants working on the project while Rua al-Madinah Holding is the client

    Al-Amida road will serve as an alternative to the current ring road, through expanding the roadway to six lanes

  • Dubai Multi Commodities Centre and Brooklyn Chamber of Commerce have signed an agreement to work together to promote trade and...

    DMCC will work with the Brooklyn Chamber to support New York-based businesses in setting up their operations in Dubai.

    Similarly, the partnership will look to facilitate the expansion of DMCC's member companies into the US market.

  • The UAE and European Union are looking to deepen cooperation in many fields, and in particular in sub-Saharan Africa. In...

    The two sides discussed political priorities and related programs, including the UN Sustainable Development Goals, the European Green Deal and global recovery

    They also discussed the latest economic and trade developments in Africa and a number of essential issues in the continent

  • The Saudi firm plans to invest $91m in Egypt.

    Savola will allocate 730 million pounds toward rehabilitating the newly acquired firm and up to 400 million pounds to upgrade factories and raise production capacity

    With three factories across Egypt and five production lines, Cairo-based Egybelg manufactures and distributes bakery goods

  • European stock markets retreated at the open Friday following losses in Tokyo, with all eyes on US inflation data and...

    In the eurozone, Frankfurt's DAX index shed 0.7 percent to 14,103.61 points and the Paris CAC 40 lost 0.7 percent to 6,315.39

    Economists warn that surging inflation, driven by soaring energy prices, could push top economies into recession

  • The figures showed a 26 percent increase in trade between the UAE and GCC countries in 2021.

    The figures showed a 26 percent increase in trade between the UAE and GCC countries in 2021

    UAE imports from GCC countries in 2021 rose in value to AED56.3 billion, weighing 27.9 million tonnes

  • With proliferation of smart home technology and advanced Wi-Fi connectivity, a smart home is achievable to anyone, says Sharjah Sustainable...

    With proliferation of smart home technology and advanced Wi-Fi connectivity, a smart home is achievable to anyone, says Sharjah Sustainable City CEO Yousif Ahmed Al-Mutawa

    The UAE is proactively embracing digital technologies to promote sustainability and ensure that GCC remains well-positioned to evolve into a power-packed digital economy

  • Security and lack of IT skills have cast a shadow over the pursuit of digital transformation in the Middle East,...

    The lack of awareness around IT security, access control, and compliance is a challenge for organizations looking to migrate to the cloud

    Connectivity is another issue hindering the migration and one quite specific to the region

  • Saudi Arabia finalized investment worth SR15.2 billion ($4 billion) in the first quarter of 2022 and closed 101 investment deal...

    The country finalized 101 investment deals in the first quarter of 2022

    The investments reflect a 225 percent increase from the same period last year