INSEAD Day 4 - 728x90

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

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.
  • Abu Dhabi, UAE - Egypt has over 3,000 Emirati companies operating in telecommunications, construction, smart cities, retail, oil and gas,...

    Al Jarwan said that the two countries also aim to increase the investment to $35 billion over the next decade.

    Egypt has over 3,000 Emirati companies operating in telecommunications, construction, smart cities, and other areas

  • Since the launch of Vision 2030, the kingdom's unemployment rate has notably dropped due to economic development, job localization, and...

    Since the launch of Vision 2030, the kingdom's unemployment rate has notably dropped due to economic development, job localization, and greater women participation in labor market

    The Saudi Ministry of Human Resources, which conducted a labor market supply and demand study, aims to create a national unit to identify future specializations and required skills

  • Qatar bought a 17-percent stake in German auto group Volkswagen in 2009 and paid a reported $1.7 billion for Harrods...

    Sheikh was questioned about the Qatar Investment Authority's foreign purchases in the rare televised encounter

    Despite global economic troubles, Qatar last year had a budget surplus of nearly $25 billion as natural gas prices surged

  • The European Union's central data regulator said it was forming a task force to help countries deal with AI chatbot...

    ChatGPT can generate essays, poems and conversations from the briefest of prompts and is capable of passing exams.

    Chatbot can only function if it is trained on vast datasets, raising concerns about where OpenAI gets its data.

  • Rome, Italy -- Tackling gender inequalities in agrifood systems and empowering women reduces hunger, boosts the economy, and reinforces resilience...

    Globally, 36 per cent of working women are employed in agrifood systems, along with 38 per cent of working men.

    The gap in food insecurity between men and women widened from 1.7 percentage points in 2019 to 4.3 percentage points in 2021.

  • Countries must do more to avert the costly consequences of growing global trade fragmentation, and help avert a "second Cold...

    Multilateral institutions like the World Bank and IMF have an important role to play in preventing the world from splintering into different blocs.

    An IMF report said that growing trade fragmentation due to Brexit, US-China trade war and Russian invasion of Ukraine, could make the global economy.

  • Russia delivered a new warning to the West over a grain deal with Ukraine, saying a number of conditions must...

    Russia, whose economy has been hit by a raft of Western sanctions, has repeatedly threatened to walk away from the agreement if obstacles to its own exports remain.

    There are no sanctions on Russian exports of food and fertilizers to global markets but the problems are related to sanctions on shipping, insurance companies and banks.

  • Tunisia reached a deal in principle in October with the IMF for nearly $2 billion to shore up its sinking...

    EU leaders including Italian Prime Minister Giorgia Meloni have warned of the risks of an economic collapse which could drive more people to cross the Mediterranean Sea.

    Migrants from across Africa and Tunisia itself regularly use Tunisia's coastline, less than 150km from the Italian island of Lampedusa, to reach Europe.

  • ABU DHABI, UAE - ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of ADNOC, announced on...

    The gas carriers will be owned and operated by AW Shipping, an ADNOC L&S joint venture with Wanhua Chemical Group.

    VLGCs transport liquefied petroleum gas and will provide ADNOC L&S greater flexibility to meet growing global gas demand.

  • Berlin, Germany--Inflation in Germany eased to 7.4 percent in March, mainly thanks to government measures to bring down energy prices, final...

    In March food prices continued to rise by 22.3 percent, up from 21.8 percent in February and 20.2 percent in January

    In order to help bring energy prices down until 2024, including a cap on gas and electricity prices, Germany has committed $200 billion