INSEAD Day 4 - 728x90

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.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.
  • The carmaker sold 600,000 fewer vehicles in 2021 than in 2020.

    The German automaker expects its sales to increase by 5-10 percent in 2022

    The world's second-largest automotive group's revenue rose 12 percent last year due to 'favorable pricing'

  • Oil prices rose by more than 20 percent this week, due to ongoing concerns about supply disruptions and Russian output.

    The Saudi index ended its week on Thursday (March 10, 2022) down by 0.4%

    Abu Dhabi index finished the week with a loss of 0.3% on Friday (March 11, 2022)

  • This action, among others, could be quite helpful in getting the UAE out of the so-called grey list of the...

    The Anti-Drug Section at the ADP’s Criminal Investigation Department (CID) detected a suspicious shipment

    It had arrived from a neighboring country at Khalifa Port, and was apparently meant to travel to Europe

  • Saeed Ahmad, Callsign’s Managing Director for the MENA region, explains how a single fraudulent message impersonating an entity can erode...

    Scams have targeted 66 percent of people in the UAE in recent years, and the phenomenon is spreading

    Around 50 percent of the region’s consumers lose faith in an organization whose name appears in a scam message

  • The UAE-Bangladesh Business Forum discussed ways to enhance cooperation between the two countries in the field of trade and investment,...

    An MoU was signed between the two to establish a joint UAE-Bangladesh Business Council.

    The UAE-Bangladesh Business Forum was held at DP World Pavilion at Expo 2020 today in the presence of ministers.

  • Dubai witnessed real estate and properties transactions worth AED13.4 billion ($3.64 bn) during the week ending 11 March 2022, according...

    The top three transactions were a plot of land in Trade Centre Second sold for AED198.15 million, followed by a plot of land that was sold for AED160.14 million in Palm Jumeirah.

    The sum of the amount of mortgaged properties for the week was AED3.83 billion, with the highest being a building in Palm Jumeirah, mortgaged for AED1 billion.

  • The Sharjah Chamber of Commerce and Industry (SCCI) and an Argentinian delegation discussed ways to enhance cooperation between the business...

    Sharjah Chamber and a delegation from Argentina discussed economic, trade and investment relations at a forum.

    Abdallah Sultan Al Owais, Chairman of the SCCI highlighted the importance of joint work to advance the existing relations.

  • The adjusted EBITDA growth was 15.3 percent ($3.828 bn) and capital expenditure $1.393bn.

    The revenue increase from $2.245 billion to $10.778 billion is supported by acquisitions and new concessions including Angola, Unico and Transworld.

    Like-for-like non containerized revenue grew 9.5 percent with a strong performance from the Feedering business.

  • Five Chinese companies have been ordered to comply with audit requirements by the US Securities and Exchange Commission (SEC) or...

    In total, some 248 companies are affected, with a market capitalization of about $2.1 trillion, according to an ad hoc committee.

    Mainland Chinese and Hong Kong companies are notorious for not submitting their financial statements to US-approved auditors.

  • Mexican cartels are estimated to have used bitcoin to launder $25 billion a year in Mexico alone, according to a...

    The criminals skirt a law requiring cryptocurrency platforms to notify authorities of any transaction of more than $2,830

    They are then said to use the accounts to repeatedly buy small amounts of bitcoin online to pay associates