INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

  • The world-famous spread is made by Italy's Ferrero confectionary, Turkey's top hazelnut purchaser. The global giant's other sweets include Ferrero...

    The little heart-shaped nut in Turkey accounts for 82% of global exports

    Ferrero has six facilities in Turkey, where it has been sourcing hazelnuts

  • Google remains a centerpiece of online activity.

    Google remains a centerpiece of online activity, with offerings such as its search engine, ad marketplace, and YouTube video platform

    The surge in Alphabet's earnings comes as the tech giant faces increased scrutiny from regulators regarding its power

  • People in the UAE complain about Uber and Careem's high prices, which have been raised significantly in the last few...

    An increasing number of people in the UAE are complaining about Uber and Careem's high charges

    The fares, it is claimed, have been raised significantly in the last few months due to Expo 2020 and Dubai attracting many tourists

  • Tunisia has witnessed an investment of 713.4 million dinars ($252 million) in service activities during the first nine months of...

    The investments will be mobilized under 6,464 projects and will create 22,053 new jobs.

    Services directed to the local market (96 percent of overall investment declarations) saw a 3.1 percent increase.

  • Box office revenue in the Middle East made the fastest recovery in the world, from $250 million in 2020 to...

    The revenue is expected to continue to rise, reaching $1 billion in 2022 and $1.3 billion in 2024, research has shown.

    Only 261 of the 3,099 screens in the Middle East and Africa were closed due to the pandemic.

  • A consortium will hold the Arena shares in a 70:30 ratio.

    Arena Events Group is a London Stock Exchange-listed events services business.

    According to the terms offered, Arena shareholders will receive 21 pence in cash for each share.

  • The UAE was among the first countries to return to normalcy after the pandemic and is currently hosting Expo 2020...

    RAK Properties investments reach AED15 billion, engaged in several real estate sectors.

    Expo 2020 will especially have a major impact on tourism and real estate sectors, Al Tair said.

  • The gross volume growth was mainly driven by Asia Pacific, India, Australia, and the MENA region.

    In Q3, DP World handled 19.8 million TEU, up 8.1 percent year-on-year basis.

    The near-term outlook remains positive, but the company expects growth rates to be moderate in the final quarter, said CEO Ahmad Bin Sulayem.

  • The Saudi-Swiss Investment Forum aims to touch $3.2bn of financing by 2030. The body, launched on 25 October in Riyadh,...

    Khalid Al-Falih, minister of investment, said the country’s plan is to make Saudi Arabia the most important export destination for Swiss companies

    He added that kingdom’s investment strategy has several key aims it plans to reach by 2030, including doubling annual domestic investment to 9 percent of gross domestic product

  • The $1.7bn listing strengthens its position as the largest Sukuk issuer on the bourse.

    The listing strengthens the IsDB’s position as the largest supranational Sukuk issuer on Nasdaq Dubai with a total value of $18.8 billion

    The bell-ringing ceremony was attended by Hamed Ali, CEO of Nasdaq Dubai and Deputy CEO of the Dubai Financial Market (DFM)

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