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.

  • A domain name is a name in English or Arabic letters chosen to be the address and the identity of...

    So far, mostly government entities have had permission to use this domain name

    Now, the TRA has launched a campaign to introduce the mechanisms for registering new websites with the .bh domain name

  • The agreement is part of the UAE’s endeavors to strengthen and activate means of economic and investment cooperation globally.

    The agreement aims to encourage foreign investment by improving the investment environment and enhancing economic cooperation

    It will also look to secure a balance between rights and obligations between investors and the host country

  • A United Nations report has depicted a positive picture of global foreign direct investment during the first half of 2021....

    Countries around the world recorded a total of $852 billion in FDI flows, showing a “rapid recovery” from the 2020 lows

    Developed economies recorded the biggest increase in new investments, with FDI reaching an estimated $424 billion in the first half of the year

  • Gulf Islamic Investment of UAE will invest $500 million in India over the next three years as it takes steps...

    The shariah-compliant firm said its current investment plan is sector-agnostic and is now keen to partner with Indian start-ups and growth companies

    This follows its Indian investment debut in 2020 with India Growth Portfolio (IGP-I)

  • Zoomcar targets 5,000 cars in Egypt by March 2022.

    Zoomcar to launch their functioning in Egypt

    The target of Zoomcar is to have 20,000 cars in market by 2022 end

  • The Tadawul All Share Index, TASI, vaulted 0.4 percent to surge past the 11,800 point level in early trade today.

    Al Rajhi Bank rose more than 1 percent

    Etihad Etisalat (Mobily) gained 2 percent to SR30.85

  • The combined current account balance of oil exporters in the GCC region is likely to shift from a deficit of...

    UAE economy is expected to grow by 2.2 percent in 2021 and by 4.9 percent in 2022, supported by tourism, oil prices recovery and Expo 2020 activities.

    Saudi Arabia's real GDP growth fell 4.1 in 2020 and is expected to increase to 1.9 percent this year and 4.8 percent in 2022.

  • The funds will be used to develop and rollout Open Finance platform.

    The seed round was led by Jordan’s Ahli Fintech and joined by Raz Holding Group, OMQ Investments.

    The Open Finance platform aims to redesign financial services with an open API infrastructure.

  • Mobily will recycle old and discarded Ericsson devices.

    Mobily is now expected to join the Ericsson Product Take-Back Program to recycle discarded electronic devices

    The program is responsible for the disposal and recycling of electrical equipment at the end-of-life stage

  • Dubai Investments and Marjan have tied up for the project.

    The project’s design is reportedly set to offer a private enclave with waterfront views

    It is targeted at social gatherings, family unions, business meetings, or personal relaxation

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