INSEAD Day 4 - 728x90

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

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.

  • Muscat, Oman--The Central Bank of Oman (CBO) has raised $36.35 million by way of allotting treasury bills on Tuesday, the...

    According to the central bank, the value of the allotted treasury bills amounted to $26 million, for a maturity period of 28 days

    The bank added in a statement that the allotted treasury bills amounted to $10.38 million for a maturity period of 91 days

  • Abu Dhabi, UAE -  The UAE is growing the number of Electric Vehicle (EV) charging stations from 500 to 800...

    Recent years have seen the UAE make a push towards adoption of electric vehicles

    The country's EV market is expected to grow at a CAGR of 30 percent until 2028

  • Saudi Arabia remains the largest projects market in the GCC as the total value of contracts awarded increases by 54.7...

    Saudi Arabia remains the largest projects market in the GCC as the total value of contracts awarded increases by 54.7 percent YoY during Q1-2023 to US$29.9bn, says a latest report

    The GCC's construction sector is set to take the lion's share of project awards in 2023, even as water, petrochemical, and power sectors may also perform well, adds the report

  • Seeking to widen its foreign trade and grow national economy, the UAE has signed Comprehensive Economic Partnership Agreement (CEPA) negotiations...

    The UAE has signed four agreements with India, Israel, Indonesia and Turkey, with the first two having already come into force

    The country is holding negotiations with many other nations in the neighborhood and beyond to arrive at similar agreements

  • There are three reasons why the Fed should not increase interest rates further: First, the US financial system is still...

    US inflation progress expected to stall despite robust labor market. Fed should avoid further rate hikes and focus on supporting the economy

    The Bureau of Labor Statistics may report higher prices for core goods, driven by rising vehicle prices, counteracting cooling effect in other sectors

  • French retailer is first foreign supermarket chain in Israel.

    Simmering rage over costs and income inequality dominated the country's elections in November.

    Inflation hit 5.2 percent year-on-year, the central bank said in April, a record high for Israel in over a decade.

  • MADRID, SPAIN -  The World Tourism Barometer published its second report of the year, which showed that international tourism is...

    During Q1 2023, twice as many people traveled internationally than in the same period of 2022, with 235 million estimated tourists.

    The report revealed that international arrivals have reached 80 percent of pre-pandemic levels in the first quarter of 2023.

  • The company posted Q1 revenue of US$694 million.

    Fertiglobe reported free cash flow of $271 million in the first quarter.

    The firm continues to have a strong order book for the coming months.

  • Dubai, UAE: Dubai Electricity and Water Authority (DEWA) announced the pilot use of ChatGPT, since April 2023, on its website...

    DEWAt is the first utility in the world and the first government organisation in the UAE to use ChatGPT

    The step has been taken as part of the company’s strategy to employ Artificial Intelligence

  • Doha, Qatar— More than ten million passengers traveled through Qatar’s Hamad International Airport in the first quarter of the current...

    Some 3.56 million passengers arrived at the airport in January, followed by 3.24 million in February, and 3.5 million passengers in March

    During the first quarter of the year, the airport handled more than 540,000 tons of cargo and transferred some 8 million bags