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 - ASFAR, the Saudi tourism investment company wholly owned by the Public Investment Fund of Saudi Arabia,...

    The agreement aims to develop a major tourism attraction in the Eastern Province of the Kingdom of Saudi Arabia.

    The partnership between ASFAR and the Municipality of Al-Ahsa is set to transform the Eastern Province’s leisure and hospitality sectors.

  • MANAMA, BAHRAIN - The Information eGovernment Authority (iGA) has published its foreign trade report of Bahrain for Q4 2023, covering...

    The top 10 countries accounted for 69 percent of Bahrain's total export value.

    The value of exports with national origin was of $2.89 billion during Q4 2023.

  • The Frankfurt institute is tipped to pause for the third meeting in a row following a historic run of hikes...

    The ECB is "in no rush yet" to change course and governors may not even discuss cuts at this week's meeting, Deutsche Bank economists wrote

    "We expect Thursday's ECB press conference to again highlight the exceptionally low possibility of a rate cut before the summer," agreed Unicredit in an analyst note

  • Riyadh, Saudi Arabia - Saudi Arabia's Premium Residency Center on Sunday revealed a list of priority specializations that qualify individuals...

    Saudi Arabia is actively seeking to attract top-tier talents and minds globally, encouraging them to reside and work in the country to foster development

    The specified specializations that make expatriates eligible for Special Talent Residency encompass a diverse range of sectors

  • PARIS, FRANCE - The Paris Fashion Week menswear shows draw to a close on Sunday. Here are some of the highlights...

    Celebrity presence has always been a big part of the fashion game, with sporting tie-ups playing an increasingly big role.

    New York label KidSuper scored big by convincing Brazilian footballer Ronaldinho to walk the catwalk.

  • Abu Dhabi, UAE -- The UAE recorded the second-highest increase in the number of new foreign investment projects around the...

    The number of these projects increased by 28 percent compared to 2022, said the UNCTAD report entitled “Investment Trends Monitor”.

    Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, emphasized that the UAE is benefiting from the forward-looking vision of its leadership.

  • ROME, ITALY - ArcelorMittal has offered to sell its stake or become a minority shareholder in an Italian steelworks after Rome...

    Italy considers the steelworks a strategic asset, but it has long been plagued by financial problems and environmental concerns.

    Talks with ArcelorMittal, which owns a 62-percent stake, had broken down over how to keep production going.

  • RIYADH, SAUDI ARABIA - The General Authority of Civil Aviation (GACA) issued its monthly classification index for air transport service...

    Flynas had the fewest complaints among airlines, 42 per 100,000 travelers and a complaint resolution rate of 100 percent.

    SAUDIA Airlines came second, with 61 complaints per 100,000 travelers and a resolution rate of 99 percent.

  • BEIJING, CHINA - The logistics sector in the country achieved steady recovery in 2023 and the country remains the world's...

    As final consumption continues to rebound, it will lead to consistent growth in production and import demand.

    There has been a continuous enhancement in the competitive capabilities of China's logistics enterprises.

  • Real estate soared by 4 percent, while financial and insurance activities surged 2.7 percent. The knowledge economy improved with a...

    Accommodation and food services activities witnessed a remarkable 11.1 percent growth, solidifying Dubai's position as a global tourism leader.

    Dubai's financial and insurance sector, a significant contributor to the economy, posted a growth of 2.7 percent.