INSEAD Day 4 - 728x90

Economy

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.

Stock markets rise on fresh hopes for Trump’s tariff approach

Investor sentiment has been jolted in recent weeks by fears that the president's hardball policies could deal a painful blow...

Business

US Fed likely to keep rates steady as uncertainty over Trump’s economic policies looms

Since January, Trump has imposed levies on major trading partners Canada, Mexico and China, and on steel and aluminum imports,...

Economy
Business

Dubai Chamber of Digital Economy hosts industry workshop

DUBAI, UAE - Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has hosted the...
  • The workshop saw discussions on topics surrounding regulations, funding, talent, and infrastructure.
  • The dialogue sought to provide clarity and a better understanding of the opportunities and challenges faced by e-commerce companies.
Geostrategy

Saudi meet stresses carbon capture vital for net-zero goals

Riyadh, Saudi Arabia – Net-zero goal cannot be achieved without carbon capture and there is a need to scale up...
  • The King Abdullah Petroleum Studies and Research Center held a high-level roundtable on Carbon Management Technologies.
  • In 2022, investment in the carbon capture utilization and storage hit $6.4 billion.
Business

Abu Dhabi delegation in Israel explores business opportunities

ABU DHABI, UAE -  A delegation of 10 Abu Dhabi entities visited Israel from  February 12-16 to discuss business cooperation...
  • The Abu Dhabi delegation participated in the 2023 OurCrowd Global Investor Summit in Israel.
  • The delegation hosted the Abu Dhabi Pavilion showcasing business and investment opportunities in the emirate.
Business

DEWA CEO discusses bilateral cooperation with Emerson

DUBAI,  UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA)  Saeed Mohammed Al Tayer received a high-level...
  • DEWA, Emerson discussed advancing sustainability and consolidating foundations for environmental, social, and corporate governance.
  • Clean energy makes about 14 percent of the total energy production capacity in Dubai.
Geostrategy

Tunisia’s Saied kicks out Europe’s trade unionist for ‘interference’

Earlier in Saturday, Esther Lynch, Europe's top trade union official took part in a demonstration organized by the UGTT trade...
  • The Saturday's protest were partly organized to demand the release of senior UGTT official Anis Kaabi, who was arrested on January 31 following a strike by toll booth staff
  • Esther Lynch, Europe's top trade union official had given a speech to thousands of people at a demonstration organized by the UGTT in Tunisia
Geostrategy

Israel slams ejection of envoy from African Union summit

Israel condemned the "severe" expulsion of a senior diplomat from the African Union summit, accusing Iran of orchestrating the move...
  • A spokesman for the Israeli foreign ministry described the incident as "severe," noting Bar-li was "an accredited observer with an entry tag".
  • African states should "oppose these actions, which harm the African Union movement and the entire continent," the spokesman added.
Economy

Tunisian trade union protest against plunging economy

SFAX, TUNISIA - Thousands of Tunisian trade unionists held protests across the country on Saturday over worsening economic woes and the...
  • The North African country is in drawn-out talks with the International Monetary Fund for a bailout loan
  • Demonstrators in Sfax, where the largest protest took place on Saturday, chanted "Tunisia is not for sale!"
Geostrategy

UAE, India mark first anniversary of signing CEPA with series of events

DUBAI, UAE -  Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi has marked the first anniversary...
  • The Federation of Indian Chambers of Commerce and Industry is on a four-day visit to the UAE to mark the signing of CEPA.
  • The FICCI delegation comprises over 100 exporters, start-ups and business owners.
Economy

Ukraine and IMF reach deal paving way for ‘full-fledged’ loan

Washington, United States--The IMF said Friday it has reached a staff-level agreement with Ukrainian authorities that opens doors to a full-fledged...
  • The government submitted a package of draft tax laws to Parliament aimed at lifting revenues, and is taking steps to address arrears, among other efforts
  • Apart from the IMF's work with Ukraine, the World Bank has also mobilized over $18 billion in emergency financing for the country
Economy

UAE trade minister meets US Jewish delegation to discuss relations

Al Zeyoudi highlighted the long-standing strategic relations between the UAE and the US, noting that their economic and trade exchanges...
  • Al Zeyoudi highlighted the long-standing strategic relations between the UAE and the US, noting that their economic and trade exchanges are witnessing significant growth
  • The two sides also discussed the prospects of boosting their partnership and exchanging expertise, and ways of maintaining peace and promoting the values of social tolerance

Stock markets rise on fresh hopes for Trump’s tariff approach

Investor sentiment has been jolted in recent weeks by fears that the president's hardball policies could deal a painful blow...
Business

Company News

Latest News

Saudi Arabia eyes $13 billion from media sector

Riyadh, Saudi Arabia - Saudi Arabia aims to increase the media sector's economic contribution, targeting a GDP share of 47...
Economy

New platform to revolutionize global sustainability

World Wide Generation's and e& join hands to combine innovative technology and global collaboration to address critical environmental, social, and...
COP28 UAE

MENA faces economic turbulence due to Gaza conflict

The Israel-Hamas conflict not only threatens regional stability but also poses significant economic challenges for MENA nations, says Fitch Ratings.
Economy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Economy

Saudi Arabia, South Korea ink pact to manufacture vaccines, biotech solutions

Seoul, South Korea - Saudi Arabia and South Korea on Sunday signed a Memorandum of Understanding (MoU) to collaborate in...
  • The agreement was inked between the Saudi Authority for Industrial Cities and Technology Zones "MODON" and the South Korean GL Rapha Holding Company
  • As part of the pact, an expanse of 51,000 square meters in Sudair City for Industry and Business is set to be allocated, involving an investment totaling $200 million
Economy

Enhanced norms help UAE win financial crime battle

“This has led to heightened compliance levels with the country's laws, aligning with global efforts to combat money laundering and...
  • The UAE adopts innovative legislative policies in order to combat money laundering and terrorism financing.
  • Safeya Al-Safi, Director of Anti-Money Laundering, emphasizes heightened compliance with global standards.
Economy

UAE ranks first in Middle East, 4th globally as remote work destination

Dubai, UAE -- The UAE has ranked first in the Middle East and fourth globally as a leading destination for...
  • The UAE ranked fourth after Spain, Argentina, and Romania, according to the website, which develops rankings based on a variety of factors
  • UAE Minister Omar bin Sultan Al Olama said his country has established a flexible and future-oriented system for remote work