INSEAD Day 4 - 728x90

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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 -  Saudi cinemas began the screening of the horror and thriller movie Cello, with global participation of stars from the US, England, Kuwait, Saudi Arabia and Syria. The movie is based on the novel released in 2021 by Chairman of General Authority for Entertainment, Advisor Turki Al...
  • Flight carrying humanitarian aid from Red Cross lands in Sudan

    KHARTOUM, SUDAN -  A first Red Cross plane laden with humanitarian aid on Sunday landed in Sudan, where deadly clashes between rival generals' forces have entered their third week. "The eight tonnes of humanitarian cargo includes surgical material to support Sudanese hospitals and volunteers from the Sudan Red Crescent Society," the...
  • DEWA receives 29 EOIs for first phase of desalination project at Hassyan

    DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has received 29 expressions of interest (EOIs) to implement the first phase of its 120 Million Gallons Per Day (MIGD) Hassyan Sea Water Reverse Osmosis Plant (SWRO) Project using the Independent Water Producer (IWP) model. This is the first project implemented...
  • Qatar squad basks in attention as it prepares for World Cup

    While Qatar feverishly seeks to complete work on hotels and apartments for the World Cup fans, its squad for the games trained on home territory for the first time in four months in a Doha stadium. The team had been kept away from the glare of media in Spain and...
  • A cruise ship lifts up spirits in Tunisia

    A cruise ship docked in a Tunisian port on Wednesday for the first time since 2019, carrying over 700 passengers and rare good news for tourism operators battered by the Covid pandemic.
  • She overcame prejudice to ride sea waves

    Sahar Al Rasti, the first Emirati female ship captain, said that working behind the rudders of ships for long days, and challenging the waves of the sea requires a lot of determination and passion as well.
  • Aleastur, top European metal producer, sets up base in Bahrain

    Aleastur, top European metal producer, has set up first plant for aluminum grain refiners and master alloys production in Bahrain.
  • Taliban supreme leader makes first public appearance

    Taliban supreme leader Haibatullah Akhundzada addressed supporters in the southern city of Kandahar, officials announced Sunday, his first public appearance since taking control of the group in 2016.  
  • Halliburton builds $100m worth chemical plant in Saudi Arabia

    Halliburton, the US oil field service giant, is in the final stages of building the first reactor plant for the manufacture of chemicals in King Salman Energy City “Spark” in Jubail, and production will begin in the first quarter of 2022.
  • Economy in focus as Lebanon’s new cabinet holds first meeting

    The meeting, during which a ministerial statement is to be drafted to be submitted to a confidence vote in parliament, opened in the presence of President Michel Aoun. He said in a statement he hoped the committee would pursue negotiations with the International Monetary Fund.
  • First commercial flight lands in Kabul after Taliban takeover

    An international commercial flight touched down in the Afghan capital on Monday, the first since the Taliban retook power last month.
  • Meat grown in lab to be on menu in MENA

    An American startup Eat Just has tied up with Doha Venture Capital (DVC) and Qatar Free Zones Authority (QFZ) to build the first-ever cultivated meat facility in the region. 
  • TAQA’s net income shoots up 42 percent to $790m in first half

    TAQA, the Abu-Dhabi government’s energy holding company, has reported a 42 percent jump in its net income for HI 2021 to $790 million compared to the same period last year, after a big contribution from the oil and gas segment.
  • Dubai-Korea relations strengthen with $882m bilateral trade in Q1

    Imports had the lion’s share at AED2.551 billion, followed by exports at AED549.782 million, and re-exports at AED137.473 million, Ahmed Mahboob Musabih, Director General of Dubai Customs, said.
  • Hyde to develop a five-star hotel in Dubai, first outside the US

    Hyde will work with Emerald Palace Group to develop the property The hotel will be located in Business Bay For the first time in its history, Hyde will launch its first property outside the US in Dubai during the later part of the year. Hyde, a brand under global hospitality...
  • Meet Nora Al-Matrooshi, first Arab woman astronaut in training

    Matrooshi, 28, hopes she will have the opportunity to visit space one day She and her fellow countryman, Mohammad Al-Mulla, will train at NASA DUBAI: The UAE’s Nora Al-Matrooshi is the first Arab woman to start training to be an astronaut, one of two Emiratis picked from thousands of applicants...
  • Bahrain’s Batelco looks to dual list on Tadawul, could be first to do so

      Bahrain’s biggest telecommunications firm has hired the investment arm of Samba Tadawul has been trying to encourage Middle Eastern firms to dual list for years, without success   Although the final decision has not been yet taken about the listing of the company on Tadawul, but if it gets...