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.
  • The duration of each contract is of 22 months.

    The two contracts entail the engineering, procurement and construction of Qassim and Taibah gas pipelines.

    The first contract is valued at $90 million (SAR341.09 million), while the second is worth $68 million (SAR256.1 million).

  • It will commit the two to sustainable innovation.

    The partnership between the two companies stems from their collaborative vision to foster a more environmentally-conscious industry

    The CEO of Ooredoo said that the MoU is a cornerstone in their journey towards achieving the goals of Qatar’s National Vision 2030

  • The emirate's residential market witnesses an 18% sales surge and a 26% rental increase due to investor confidence and a...

    The emirate's residential market witnesses an 18% sales surge and a 26% rental increase due to investor confidence and a preference for larger homes.

    The city's office market thrives, with rents surpassing pre-pandemic levels, reinforcing its role as a strategic regional hub for global corporations.

  • Brussels, Belgium - Changes Apple is making to its services in the European Union "make a mockery" of new antitrust rules...

    Companies have expressed doubts about how much Apple's changes would ultimately broaden consumer choice and digital competition.

    Apple in January announced it was modifying how its iOS operating system, Safari browser and App Store operate in the 27-nation EU.

  • RIYADH, SAUDI ARABIA - According to data released by the National Center for Palms and Dates (NCPD), the value of...

    By the end of 2023, the number of countries importing Saudi Arabian dates had reached 119.

    The total value of date and date-byproduct exports increased by 152.5 percent since 2016.

  • BRUSSELS, BELGIUM - The EU on Friday used new regulatory powers to query Meta about ad-free subscriptions to Facebook and Instagram as...

    The European Commission made a request for information under the mammoth content moderation law known as the Digital Services Act (DSA).

    The EU has launched probes under the DSA to quiz platforms on how they are addressing concerns from consumer protection to children's activity online.

  • The bank achieved a Return on Equity of 27.1 percent.

    ADIB achieved record-breaking performance in 2023, with significant growth across all its businesses.

    Enhancing its digital presence, the bank saw a rise in actively digital customers through improvements to its mobile app.

  • Paris, France - Elon Musk has launched a legal case against OpenAI, the AI firm he helped to set up in...

    The tycoon, who left OpenAI in 2018, argued in documents filed in a San Francisco court late on Thursday that the firm was always intended as a non-profit entity

    But he said recent boardroom changes meant OpenAI was now effectively a subsidiary of software giant Microsoft, arguing that this was breach of contract

  • PARIS, FRANCE – Energy-related carbon dioxide emissions rose to a record level in 2023, but the growth slowed from previous years...

    CO2 emissions from energy rose by 1.1 percent in 2023, increasing by 410 million tonnes to a record 37.4 billion tonnes.

    Without the drought and water shortfalls, global carbon emissions from power generation alone would have fallen last year.

  • ABU DHABI, UAE- Gold prices hovered near a month high on Friday after data suggested easing US price pressures, while...

    Gold rose after data suggested easing US price pressures.

    Traders awaited remarks from US Federal Reserve officials.