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Economy
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.
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ADNOC Distribution to buy Shell South Africa business in $1 billion deal
UAE places sixth among world’s most popular Muslim-friendly destinations
Arada launches platform targeting $5bn in assets under management
Missile attack sets tanker ablaze off Oman as US blames Iran
Gold holds near two-week high on tempered Fed rate hike expectations
Funeral procession for Khamenei begins, mourners carry anti-US and anti-Israel messages
OPEC+ agrees fresh August output hike as Gulf oil production slowly recovers
EMEA megadeals surge as AI reshapes global dealmaking strategy: Report
Funeral prayers offered for Khamenei, family members amid cries for revenge
Mourners stream into Tehran for Khamenei farewell amid calls for ‘revenge’
UAE ranks among the world’s most competitive economies in 2024, says Switzerland’s IMD ranking
The country has risen to the 7th spot in the IMD World Competitiveness Ranking, highlighting its robust economic growth, strategic advancements, and commitment to innovation and sustainable development.