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.

  • Abu Dhabi, UAE--Emirates Development Bank (EDB) has signed a memorandum of understanding (MoU) with the Abu Dhabi Department of Economic...

    The financing program aims to help Abu Dhabi-based companies to receive finance offers from a range of banks all at once

    Emirates Development Bank can, according to its mandate, provide $8.16 billion in financing support to 13,500 companies by 2026

  • SHARJAH, UAE- The fourth edition of Jewels of Emirates Show at the Expo Center Sharjah has so far seen record...

    The event received an overwhelming response from visitors, with exhibitors unveiling a stunning array of exclusive and rare jewelry pieces.

    Emirati designer Shamma Al Hallami, in partnership with Salem Al Shueibi Jewelery, also debuted her latest collection of 18-carat gold jewelry

  • BRUSSELS, BELGIUM -  The EU exported US$1.1 billion (€1.1 billion) worth of bicycles in 2022 (both electric and non-electric, a...

    The EU exported 365,000 electric bicycles and imported 1.2 million in 2022 while the imports were worth US$2.6 billion.

    The overall increase in the trade of bicycles can be attributed to an increase in the export and import of electric bicycles.

  • PARIS, FRANCE - Renewable power capacity is expected to jump by a third this year globally as growing policy momentum,...

    Renewables are at the forefront of Europe’s response to the energy crisis, accelerating their growth there.

    New policy measures are also helping drive significant increases in the United States and India over the next two years.

  • Dubai, UAE - Middle Eastern airlines carriers posted a 38 percent increase in traffic in April compared to the same...

    With a capacity increase of 27.8 percent, Middle Eastern airlines accommodated the growing demand for air travel

    Total air travel reached 90.5 percent of pre-Covid levels, highlighting a significant rebound in passenger demand

  • By 2036, cloud infrastructures in UAE could generate $11.2bn for the country's economy, supporting about 6,000 full-time jobs annually, says...

    By 2036, cloud infrastructures in UAE could generate $11.2bn for the country's economy, supporting about 6,000 full-time jobs annually, says a report by Amazon Web Services

    The UAE outpaces the MENA region in cloud computing, with a 1% increase in cloud usage potentially boosting the GDP by an average of 0.21%, or $854.7m annually, it adds

  • Abu Dhabi, UAE -- The UAE's economic growth is expected to remain robust, averaging 4.6 percent from 2022 to 2024,...

    The AMF's "Arab Economic Outlook Report" forecasts a 4.2 growth rate in 2023, accompanied by a decline in the consumer price index to 2.9 percent in 2023 and 2.57 percent in 2024.

    With stable oil and gas prices and lower prices for basic goods, such as agricultural products, the report projected a 3.4 percent growth for Arab economies.

  • RAS AL KHAIMAH, UAE -  Ras Al Khaimah Economic Zone (RAKEZ) successfully participated in the second edition of the Ministry...

    Make it in the Emirates Forum brings together investors, prominent stakeholders to discuss the role of industrial zones in driving economic progress.

    The forum aimed to position the UAE as a preferred hub for emerging industries on a global scale and promote local production by attracting investors.

  • Hiring in the United States heated up again in May, according to government data released, with the strong labor market...

    The United States added 339,000 jobs last month, surpassing estimates and picking up from a revised 294,000 figure in April.

    Wage gains in the US moderated slightly with average hourly earnings up by 0.3 percent, slightly down from 0.4 percent in April.

  • ABU DHABI, UAE - The Ministry of Industry and Advanced Technology (MoIAT) and MEXT signed a memorandum of understanding (MoU)...

    The move is part of the UAE's efforts to accelerate decarbonization and digitalization within the global manufacturing sector.

    First implemented in the UAE in February in line with the UAE Net Zero by 2050 strategic initiative, the ITTI will soon be deployed in the region.