INSEAD Day 4 - 728x90

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

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.
  • The company likely to release full results on April 28.

    Analysts said the forecast was likely driven by strong smartphone sales, but warned of an expected drop in profits in the memory chip division

    The coronavirus pandemic has wreaked havoc on the world economy, but it has helped many tech companies boom

  • As business leaders are armed with the knowledge that hybrid working can form a part of the future, previously reluctant...

    In business, productivity is key to maximize the value organisations provide to customers, whether in increased output or commercial savings brought about by increased efficiency

    Now, finding new ways of doing business with customers is a reality for many organisations. That means the old metrics used to measure productivity may become irrelevant 

  • Amazon is accused of using merchant info for its own products.

    Former Amazon employees have said the online retail titan used data of other sellers on its platform without their permission

    Amazon gathered information about sales trends by third parties at its website to develop private-label products, said reports

  • Blockchain expert Kim Grauer offers insights into why people fall prey to scammers, how they can protect their crypto assets...

    In 2021, cryptocurrency-based crime reached an all-time high, with criminal addresses receiving $14 billion.

    By the end of 2021, criminals had accumulated $11 billion in crypto from known sources, compared to $3 billion in 2020.

  • The Middle East and Africa can add 14 gigawatts of new wind power capacity in the next five years, according...

    Between 2022 and 2026, South Africa (5.4 GW), Egypt (2.2 GW), Morocco (1.8 GW) and Saudi Arabia (1.3 GW) would lead the new wind capacity addition

    The report said 2021 was the second-best year ever for the global wind industry after 2020 with almost 94 GW of capacity added

  • UAE received $20.7 billion in Foreign Direct Investment in 2021, recording a 3.9 percent growth over 2020. The country’s FDI...

    The country’s FDI balance now stands at AED 630 billion ($171.6 billion) by the end of 2021, a 13.7 percent growth over 2020.

    UAE's outward FDI flows reached nearly AED 82.6 billion ($22.5 billion) in 2021, with an annual growth of 19.1 percent.

  • Saudi Arabia has declared a ban on the import of trucks older than five years in order to raise the...

    Saudi Arabia's Public Transport Authority said the decision will take effect on May 5, 2022

    It applies to all heavy transport trucks designed for transporting goods and includes locomotives, trailers, and semi-trailers

  • An Artificial Intelligence center will be set up at King Abdullah University.

    The center will support research, development and marketing of advanced artificial intelligence technologies.

    It will combine leading innovations of digital transformation adopted by Saudi Aramco and the globally accredited academic excellence at KAUST.

  • The Dubai Electricity and Water Authority said Wednesday it had raised $6.1 billion for the Gulf's second-largest IPO since 2019....

    The 18 percent stake in the emirate's state-owned DEWA is the biggest IPO in the Gulf region since that of Saudi oil giant Aramco

    The record for the largest public listing in the Gulf, and in the world, is held by Saudi oil company Aramco, which raised $29.4 billion

  • The European Central Bank has voiced its concern that cryptos can be used to evade Russian sanctions. But, the co-founder...

    Binance CEO Changpeng Zhao said his firm complies with all government sanctions very strictly

    Founded in China in 2017, Binance doesn't have a global base yet but is pushing its presence in the Middle East