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.
  • Riyadh, Saudi Arabia -- The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Manager's Index (PMI), formerly S&P Global Saudi Arabia PMI,...

    The index continued to signal a rapid expansion in the non-oil private sector in November,

    Higher raw material prices led to a continuous increase in corporate sales prices, but demand remained strong.

  • Dubai, UAE--The Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund) announced at COP28 that more than 70% of...

    Peter Sands, of the Global Fund, said the fight against deadly infectious diseases "must go hand in hand with addressing climate change”

    The fund will also invest over US$2.9 billion over the next three years in the 50 most climate-vulnerable countries to strengthen health systems

  • Russian President Vladimir Putin, according to his aide Yuriy Ushakov, will first arrive in the UAE this week and then...

    The announcement of the visit follows the recent OPEC decision to cut oil production by 2.2m bpd in Q1 of 2024

    Saudi Arabia, as the world's largest exporter, will see a reduction of 1 million barrels per day

  • "COP28 is a very important conference because what it's doing is not just bringing people together, but it provides certainty...

    World Bank President Ajay Banga emphasizes COP28's significant progress in climate action, lauding its establishment of definitive deadlines for climate commitments.

    The ALTÉRRA fund, with a $30 billion capital, will enhance global climate action, alongside the World Bank's commitment to solar projects in Africa and methane reduction.

  • Hong Kong, China - Gold prices soared to a record high above $2,100 on Monday as traders grow increasingly confident the...

    The precious metal struck $2,135.39 in early Asian trade, topping the previous all-time high set in 2020, during the pandemic

    Bets on a drop in rates have weighed on the dollar, which has in turn made gold cheaper for international buyers

  • Abu Dhabi, UAE -- The financial sector of the United Arab Emirates commits to mobilizing more than AED 1 trillion...

    The commitment to mobilize AED 1 trillion was made by the UAE Banks Federation at an event held on Finance Day at COP28.

    Financial sector's engagement is critical to realize our collective climate ambitions, ensuring that the 1.5°C target remains within reach, said COP28 President Sultan Al Jaber.

  • RIYADH, SAUDI ARABIA – The Kingdom's Minister of Environment, Water and Agriculture Eng. Abdurrahman bin Abdul Mohsen Al-Fadhli signed a...

    Saudi Arabia and Turkiye expressed their commitment to prepare the agricultural sector in both the countries for climate change.

    The MoU aims to strengthen cooperation and enhance production capabilities in the domains of agriculture, livestock and water management.

  • The latest batch of data show higher borrowing costs starting to slow down consumption -- a key goal of the...

    The TUIK state statistics agency said the rate moved to 61.98% last month from 61.36% in October

    The country's central bank expects inflation to peak in May of next year at between 70 and 75 percent

  • Chinese Vice Premier Ding Xuexiang said his country has promoted the targets for carbon peak and carbon neutrality, adding that...

    The vice premier called on the G77 and China to further speak with one voice and uphold common interests

    He urged all to promote sustainable development, a new path of coordination between development and protection

  • Dubai, UAE-- The UAE and Turkmenistan have agreed to enhance bilateral ties in all fields, particularly in the development sectors,...

    The leaders of the two countries reviewed ways to ramp up bilateral ties between the UAE and Turkmenistan in all fields

    They discussed the COP28 agenda and its role in bolstering international action to address the phenomenon of climate change