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.
  • Jakarta, Indonesia-- Saudi Arabia and Indonesia have discussed defense and military cooperation in a meeting between Indonesian Minister of Defense...

    The two ministers discussed bilateral relations and military and defense cooperation, as well as other issues of common concern

    The Saudi defense minister also met with heads of Indonesian defense companies who presented their latests defense products

  • On July 11, Prime Minister Mohammed Shia al-Sudani announced that Iraq would start paying for Iranian gas with oil, as...

    Iranian gas is crucial for Iraq's electricity generation, but US sanctions on Iranian oil and gas impose restrictions on how Baghdad can pay for its imports

    Iraq cannot directly hand over cash to Iran, but payments must be held in a bank account and be used by Tehran to fund imports of food and medicines

  • The former US president now faces the most serious legal threat yet as he campaigns to return to the White...

    The indictment charges Trump with conspiracy to defraud the US and conspiracy to obstruct an official proceeding

    Reacting to the indictment, Trump's campaign compared his prosecution to "Nazi Germany in the 1930s"

  • An output cut of one million barrels per day (bpd) was being discussed at OPEC+, sources said before the announcement. Credit: Pixabay

    SAO PAULO, BRAZIL - The Ministry of Investment organized here the Brazilian-Saudi Investment Forum, which saw the signing of many...

    The 25 MoUs covered petrochemicals, healthcare, defense, food, real estate, tourism, water desalination and treatment, and agriculture.

    The new library will act as a central hub to connect the university’s 28 sub-libraries and will contribute towards enhancing its educational capabilities.

  • The UAE, set to host COP28 from November to December in the business hub of Dubai, requires official permission for protests...

    The announcement was made in a joint statement with the United Nations Framework Convention on Climate Change (UNFCCC).

    The statement was released after COP28 president Sultan al-Jaber and UNFCCC chief Simon Stiell signed a pact in Abu Dhabi that provides the legal basis for organizing the event.

  • SARAJEVO, BOSNIA AND HERZEGOVINA - Saudi Fund for Development (SFD) Board of Directors Chairman Ahmed Al-Khateeb, laid the foundation stone...

    The funding for construction and equipping of the library has been through a US$22 million grant provided by the Saudi Fund for Development.

    The new library will act as a central hub to connect the university’s 28 sub-libraries and will contribute towards enhancing its educational capabilities.

  • DUBAI, UAE – UAE Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei launched the National Program for Infrastructure...

    Salamah 365 aims to enhance public safety by leveraging innovative solutions and interactive warning systems to rectify identified accident blackspots.

    It also aims to implement a locally tailored model of pedestrian crossings, predict floods before they happen by monitoring dams and valleys.

  • From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in...

    Before it, the US giant ExxonMobil saw its second-quarter profits tumble 56 percent to $7.9 billion, while rival Chevron saw a similar fall to $6 billion.

    Shell saw a 64 percent drop in net earnings to $3.1 billion, while TotalEnergies fared better with just a 28 percent slide to $4.1 billion.

  • Yemen's finance minister and central bank governor as well as the Saudi ambassador were expected to disclose details of the...

    Fighting has dropped off sharply since a UN-brokered truce took effect in April last year, even though it lapsed in October.

    However more than two-thirds of Yemenis depend on aid to survive amid a grinding economic crisis marked by a collapsed currency and import bans.

  • The closed-door meeting was one of the highest-level known gatherings of US and Afghan government officials in months, with the...

    The American delegation also expressed "deep concern" regarding the humanitarian crisis and the need to continue supporting aid organizations delivering assistance

    During the meeting Kabul "emphasized once again that to build trust, it is important to remove blacklists and release the bank reserves so Afghans can develop their economy