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.
  • DUBAI, UAE - The total M&A market dropped 15 percent, to US$3.2 trillion, the lowest level in a decade, as...

    Many of the assets that did not come to market last year will fuel active dealmaking in 2024.

    The collapse of technology M&A has been the biggest drag on strategic mergers and acquisitions.

  • Manipal Health offers multispecialty care through 30 hospitals.

    Temasek, a Singapore-headquartered global investment company, will continue to hold a majority stake in Manipal.

    Employing more than 5,000 doctors, the company is India’s second-largest hospital chain by number of beds.

  • The bank employs 117,500 people around the globe.

    The bank said that five percent of its head office staff would be cut as part of organizational changes

    The slashing will be carried out "through internal transfers, end-of-year support or voluntary departures"

  • The value of certificates of origin issued stood at US$65m.

    Al-Hassan Industrial Estate, as per ICI's report, took the lead in export volume last month, contributing $59.5 million

    Irbid's exports to the United States accounted for 63.5 percent of the total export volume, exceeding $41.5 million

  • DUBAI, UAE - The Roads and Transport Authority (RTA) of the Emirate has entered into a strategic partnership with ‘Shamal...

    The bridge extends from Sheikh Zayed Road to Dubai Harbour, an exceptional seafront district that hosts the region’s marina.

    RTA would construct a bridge of two lanes in each direction spanning 1,500 meters and accommodating 6,000 vehicles per hour.

  • AMMAN, JORDAN - The Energy and Minerals Regulatory Commission (EMRC) has issued over 300 authorizations for the installation of electrical...

    EMRC records indicate a distribution of 49 publicly accessible charging stations alongside 14 privately owned stations.

    The capacity for the installation of multiple charging units at a single site, with 230 charging facilities holding establishment permits.

  • Devoteam Middle East is a subsidiary of Devoteam Group.

    The total value of Devoteam Middle East is approximately SAR741.7 million.

    Solutions by stc had signed a binding offer and first unveiled details of the transaction in June 2023.

  • Dubai, UAE -- Dubai Electricity and Water Authority (DEWA)’s EV Green Charger initiative witnessed a 59 percent increase in the...

    Dubai has seen a notable increase in the use of EVs since 2015. The number of EVs in the Emirate reached 25,929 vehicles by December 2023.

    The number of EV owners registered under the initiative has increased from a mere 14 in 2015 to more than 13,959 by the end of December 2023.

  • The net profit for the fourth quarter increased by 28 percent.

    Total operating income grew by 21 percent year-on-year (YoY) as net special commission income rose due to an increase in net financing and investment commission.

    Shareholders’ equity, no minority interest and after excluding sukuk, increased to SAR 14.52 billion as of Dec. 31, 2023.

  • Africa is moving away from stereotypes of poverty and incapacity to a narrative of ability and competitiveness, Sithembile Ntombela maNdaba,...

    The CEO highlights the importance of forging unity and strengthening "strategic initiatives" like the African Union and the African Free Trade Continental Area

    While playing up the success of sectors like agriculture, mining, and tourism, she said the country was moving towards science and technology, and the green economy