INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

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.
  • Price freezes, tax cuts, energy payments or credits, targeted aid... in the face of soaring energy prices European nations are...

    France announced Thursday a one-time, tax-free payment of 100 euros to people with revenues of less than 2,000 euros per month

    It had already announced an exceptional, additional 100-euro payment to six million households which receive cold weather payments to help pay their energy supplier

  • Cryptocurrencies declined on Friday following an ETF-fueled rally that saw it reach a record $67,016 on Wednesday, as investors questioned...

    Bitcoin’s recent rally — six-months after its previous top of $64,895 — was fueled by the debut of the ProShares Bitcoin Strategy ETF

    Investors have bet the long-awaited launch of bitcoin ETFs will lead to greater investment from both retail and institutional investors

  • STV is aiming to raise at least $1 billion for its second Middle East technology investment fund, making it potentially...

    The people chose to remain anonymous as the details of the fund remain private

    IPOs in the region have also recently taken prominence with Adnoc Drilling coming to the market as the largest IPO on the Abu Dhabi stock market

  • The facility will be provided through Murabaha mode

    The duration of the banking facility is four years and 282 million riyals have been pledged as guarantees for the financing.

    The company said the loan will be used for re-structuring a part of short-term finances.

  • The shareholders will get dividends for the period ending June 30.

    Banan Real Estate Company focuses on the investment and development of commercial, hospitality, and residential real estate.

    The dividends will be distributed automatically by depositing in the investment accounts linked to the shareholders’ portfolios.

  • The two companies will set up EV battery joint venture

    The two companies will set up a "joint production body" in the United States to produce EV battery cells and modules

    With the deal, Stellantis has "secured production capacity" to realise its goal to have electric vehicles make up 40 percent of its US sales

  • The oil price rise is expected to raise the economic growth of Saudi Arabia and the UAE. The kingdom is...

    Qatar Stock Exchange upwardly revised 0.1 percent on Thursday, aided by a 3.5 percent increase in Nakilat shares.

    Egyptian Stock Exchange ended its sessions on Oct. 20 with a collective decline of indices for the second consecutive session.

  • Non-resident foreign investors can obtain a virtual license for doing business in Abu Dhabi from any location outside the UAE...

    Investors can obtain the license from any location outside the UAE and without having to meet residence procedures.

    The license covers 13 economic sectors on top of the strategic sectors targeted by the Abu Dhabi government to attract Foreign Direct Investment.

  • Dubai Electricity and Water Authority (DEWA) signed a slew of MoUs with local and international companies at the ongoing GITEX...

    The MoU with Etisalat is aimed at speeding up the digital transformation using Etisalat’s MobileHub platform.

    Digital DEWA subsidiary sInfraX has partnered with WoM Technologies for its planned rollout of the first-ever Low Power Wide Area Network wireless Internet of Things.

  • Turkey's central bank cut interest rates for the second successive month on Thursday in what economists interpreted as confirmation of...

    The central bank has blamed rising inflation on "transitory" factors that will dissipate with time.

    The lira extended its fall into record-low territory against the dollar and euro after the announcement.

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