INSEAD Day 4 - 728x90

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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.

Collaboration crucial for renewable energy transition

"World peace and security, along with social, economic, and political stability, hinge on two pivotal factors: addressing climate issues and...
  • The UAE is actively supporting global efforts to mitigate the effects of climate change at both regional and international levels
  • World peace, security and stability hinge on addressing climate issues and investing in clean and renewable energy sources

The United States has Israel’s back: Blinken in Israel

Blinken, a secular Jew, spoke in unusually personal terms during his visit, recalling how his grandfather escaped Russian pogroms and...
  • Blinken's motorcade made a last-minute stop at the underground parking lot that has been turned into a makeshift donation hub after Israel's deadliest day in decades
  • As Blinken brought baby supplies to add to the collection of donated boxes, a crowd of hundreds chanted, "USA! USA!" and sang the Israeli national anthem

SIRC and Edama sign partnership

They will create a joint company to upgrade organic waste recycling.
  • The joint project will help in meeting the challenge of sustainable waste management and contribute to creating a national circular economy.
  • The project will provide a solution to the challenges faced by the Saudi Green Initiative (SGI) in its mission to plant 10 billion trees.

Flynas launches its new operations base at Madinah airport

Riyadh, Saudi Arabia: Flynas, the national airline and the leading low-cost carrier in the Middle East and the world, announced...
  • These additions will bring the total number of routes operated by flynas from Madinah to 11 so far.
  • The operations from our new operations base will start with two aircraft as a first stage,

Can chatbots be therapists? Only if you want them to be

Like every other sector that AI is threatening to disrupt, critics are concerned that bots will eventually replace human workers...
  • Like every other sector that AI is threatening to disrupt, critics are concerned that bots will eventually replace human workers rather than complement them
  • Users of Replika, a popular AI companion that is sometimes marketed as bringing mental health benefits, have long complained that the bot can be sex obsessed and abusive

UAE President in Doha, attends opening of International Horticultural Expo 2023

Doha, Qatar -- UAE president Sheikh Mohamed bin Zayed Al Nahyan who is on a visit to Qatar attended the...
  • Several heads of states and international delegations are attending the exhibition as it unfolds at Al Bidda Park from 2nd October 2023 to March 2024, spanning 179 days
  • This event marks the first international horticultural exhibition hosted in a desert country and focuses on modern agriculture, technology and Innovation, and sustainability

Russian economy to grow 1.5 percent this year, says key European bank

After having forecast a contraction earlier this year in Russia's economy, the European Bank for Reconstruction and Development is now...
  • it said the outlook for 2024 will depend heavily on how the war on Ukraine and the related economic sanctions evolve
  • Russia's central bank has forecast the country's economy to grow between 1.5 and 2.5% this year and between 0.5 and 1.5% in 2024

Vitronic signs contracts in MENA

The contracts to install traffic systems are worth US$211m.
  • Vitronic Middle East will install over 2,000 "cutting-edge traffic enforcement systems in high-risk areas" over the next few months.
  • It said In a statement that traffic management and enforcement systems provide benefits that go beyond the daily lives of individuals

Mining sector to contribute 5% to UAE non-oil GDP by 2030: minister

Abu Dhabi, UAE - The mining sector’s contribution to the non-oil GDP of the United Arab Emirates is set to...
  • The ministry has launched the country's first mineral wealth strategy, in collaboration with local authorities, Al Hosani said
  • It has also conducted geological and mineral surveys, produced geological maps, and built a geological and geophysical database

Saudi real estate sector builds on vision beyond oil

TRENDS digs into Saudi Arabia's booming real estate sector and ambitious projects to find how they offers investors lucrative, long-term,...

AMD, Cisco, and HUMAIN partner to build 1 GW AI infrastructure in Saudi

Washington, DC., US – AMD, Cisco, and HUMAIN, a PIF-backed company delivering full-stack AI solutions, have announced plans to establish...

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Saudi crown prince demands Gaza, Lebanon ceasefires at Arab summit

Prince Salman also called on Israel not to attack Iran, highlighting improving ties between Saudi Arabia and its former regional...

Arab, Muslim leaders fly to Saudi Arabia for talks on Gaza, Lebanon

Riyadh, Saudi Arabia -- Arab and Muslim leaders have begun arriving in Saudi Arabia for a summit scheduled for Monday that...

Bitcoin hits $80,000 for the first time on Trump return optimism

London, United Kingdom -- Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump's return to...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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UN probe says women, children comprise the majority of Gaza war dead

In a fresh report, the United Nations Human Rights Office (OHCHR) detailed a raft of violations of international law. Many...
  • "Civilians in Gaza have borne the brunt of the attacks, including through the initial 'complete siege' of Gaza by Israeli forces," the UN said.
  • "Conduct by Israeli forces has caused unprecedented levels of killings, death, injury, starvation, illness and disease."

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.
  • The airline group, operating from the world's busiest airport for international traffic, has faced regional disruptions due to the conflicts, but has expanded its network elsewhere
  • Group revenue rose 5.0 percent to $19.3 billion on "consistently strong customer demand across business divisions, and across regions", the statement said.

Trump victory reflects Arab-American support, Netanyahu discusses Iran with him amid lingering regional conflict

In a unique campaign twist, Trump captured Muslim voters by pledging diplomacy, promising to end prolonged conflicts and promote stability,...
  • His new Muslim supporters are celebrating his victory and confident he will deliver despite Israel, led by his close ally Benjamin Netanyahu
  • But during this campaign, Trump touted his status as Israel's strongest friend, saying Biden should let Israeli Prime Minister Netanyahu "finish the job" against Hamas in Gaza