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, 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.

  • Dubai, UAE - Leading financial institutions are spearheading a transformative wave in the UAE real estate sector through the introduction...

    The initiative is poised to enhance accessibility and efficiency for global investors seeking to engage in property investment within the UAE

    Traditionally, the investing in UAE real estate from overseas has been encumbered by complexities associated with cross-border transactions

  • The new projects are estimated to value US$26.14 billion.

    The first development valued at $15 billion is poised to set a new standard in premium high-end living

    The second valued at $11.16bn is designed to house wellness facilities, a new standard in luxury hospitality

  • The OMV is headquartered and listed in Vienna, Austria.

    The transaction accelerates delivery of ADNOC’s global chemicals growth strategy, and reinforces its status as a responsible, long-term partner and growth-oriented investor

    Österreichische Beteiligungs AG (ÖBAG), an Austrian independent holding company, now owns 31.5 percent, with the remaining share capital in free float

  • The region sees a robust future for digital cross-border transfers in the Middle East, marked by innovation and a strong...

    The region sees a robust future for digital cross-border transfers in the Middle East, marked by innovation and a strong commitment to financial inclusion, says a report.

    COVID-19 expanded the diaspora's role in digital payments, boosting prepaid services and accelerating the shift from cash to digital via cryptocurrencies and blockchain.

  • ABU DHABI, UAE – World trade ministers were locked in disagreement Thursday on fisheries subsidies, agriculture and digital customs duties as...

    The meeting opened with disagreements between the body's 164 member states on key issues that dominated the agenda of the talks.

    They include fisheries subsidies, agriculture and a moratorium on customs duties for digital transactions.

  • London, United Kingdom - Major stock markets traded mixed Thursday before the release of US inflation data that could present a...

    Shares in Air France-KLM slumped nine percent after annual profit fell short of expectations as it fell into a final-quarter loss

    Yen jumped on rising expectations of a hike to Japanese interest rates, as other central banks look to reduce borrowing costs

  • MoUs with BFB, Partior were inked during Web Summit 2024.

    The MoU with Bahrain FinTech Bay establishes comprehensive frameworks for cooperation in joint research projects.

    Under the MoU, each entity shall provide support, assistance and resources to start-ups from the QFC and BFB.

  • ABU DHABI, UAE - Abu Dhabi’s residential sector has witnessed one of the best years on record, where a total...

    The increase in demand for residences has been driven by several positive initiatives and announcements by the government.

    Off-plan transactions accounted for approximately 84 percent of all villa and townhouse transactions.

  • The company said it was 92% booked for the first quarter of 2024.

    Profit after taxation jumped to 2.7 billion euros ($2.9 billion) in 2023 from 431 million euros in 2022, the airline conglomerate said in a results statement

    The company also issued a rosy outlook rooted in "robust" demand, adding that it was 92-percent booked for the first quarter of 2024 and 62-percent booked for the first half