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.
  • This is a revision of an earlier proposal to divide into three companies.

    Toshiba aimed to complete the split in the second half of the 2022-23 financial year

    Toshiba has revealed its deal worth some $867 million to sell air-conditioning subsidiary Toshiba Carrier to the US-based Carrier Corporation

  • The gross container volumes rose by 9.4% year-on-year.

    DP World has said its gross volume growth in 2021 overall was reportedly broad based

    India, Asia Pacific, Middle East & Africa, Europe, Australia, and the Americas were key growth drivers

  • The 7th International Date Palm Conference will be held at Emirates Palace Hotel, in Abu Dhabi, from 14th to 16th...

    Minister of Tolerance and Co-existence Sheikh Nahyan said that this year's conference is significant by all standards.

    475 international researchers and experts will participate in the conference being held from 14-16 March.

  • The UAE and France held discussions on energy challenges and opportunities for collaboration in order to maximize energy system efficiency...

    The discussion took place between Awaidha Al Marar, Chairman of the Abu Dhabi Department of Energy, and Xavier Chattel, Ambassador of France

    Al Marar and Chattel underlined the importance of leveraging partnerships, Research & Development, and policymaking capabilities

  • Saudi companies and government raised $36.9 billion sukuk in 2021, compared to $27 billion in 2020, an increase of 37...

    In 2021, the global sukuk issuance reached $147.4 billion compared with $148.4 billion in 2020.

    Foreign-currency denominated sukuk issuance increased by 10 percent; jumbo issuances in Saudi have contributed to this increase.

  • A group of engineers in Lebanon held a sit-in protest outside the Central Bank branch in Sidon, in conjunction with...

    The headline of the protest was, “Until rights are restored” & “For the right to hospitalization and a decent retirement

    They deemed that “the banks are seizing the funds and savings of engineers and depositors in general, and imposing controls

  • The operator of the largest Saudi gym chain also sees growth in revenues.

    This was buoyed by a growth in revenues of SR223 million, a SR9.75 million decrease in the cost of revenue, and a fall in other costs by SR32.3 million

    The income from personal training was up SR20.5 million and rental income surged due to new rental contracts during the year.

  • The UN's humanitarian coordinator for war-torn Yemen said he held constructive talks with government officials and Houthi rebels over dealing...

    Experts warn of the risk of a major environmental disaster posed by the 45-year-old FSO Safer, which lacks both power and a functioning fire fighting system

    "The risk of imminent catastrophe is very real," stressed the UN's David Gressly in a statement

  • RIYADH: Saudi Arabia’s biggest sovereign wealth fund, Public Investment Fund, has stakes of more than 5 percent in two Japan-listed...

    The PIF has stake of more than 5 percent in Capcom Co., the maker of the Street Fighter and Resident Evil franchises, and online games provider Nexon Co.

    PIF’s stake in Capcom is worth about $332 million based on Friday’s share price, according to Bloomberg.

  • Gas Arabian Services and Obeikan Glass will make debut on the parallel market.

    Gas Arabian Services, having been run by the family for 30 years, aims to spend an average of 2 years on Nomu before moving to the main market

    Riyadh-based Obeikan Glass was founded in 2007 and specializes in glass manufacturing and retail