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.

  • The Department of Municipalities and Transport (DMT) has announced a new Code of Practice (CoP) encompassing the primary Health, Safety...

    The new code will push the emirate's ambition to become one of the top five global maritime centers by 2030.

    The code stipulates mandatory attestation of Marina Berth Leasing Contracts by DMT no later than six months or at the time of the next contract renewal.

  • Morocco’s Automotive industry is growing exponentially each year with car sales exceeding 160,000 units in 2021, and creating over 220,000...

    Morocco’s Automotive industry is growing exponentially each year with car sales exceeding 160,000 units in 2021, and creating over 220,000 direct jobs.

    According to several international experts Morocco’s auto industry is set to contribute to as much as 24% to the Moroccan GDP by 2022

  • About 70% CEOs in the Middle East believe that lack of digital skills is a threat to their businesses, a...

    An independent survey of Middle East CEOs conducted by Price Waterhouse Coopers in 2020 revealed that 70 percent believe that a lack of digital skills is a threat to their business

    A recent report by Korn Ferry, the US management consulting firm, predicts a global talent shortage of more than 85.2 million people by 2030

  • DP World says the disruption of the global supply chain will not end any time soon because of the shortage...

    And therefore the disruption affecting global trade will continue for “a long time”

    "The problem is complicated because you have a backlog of shipments"

  • Egypt and Greece will sign a preliminary deal to build an electricity interconnection between the two countries in Athens on...

    It will constitute the first interconnection between Europe and Africa in the Southeastern Mediterranean region

    The agreement comes a week after Egypt’s signing of an $1.8 billion electrical connection project with Saudi Arabia

  • Etihad Airways has raised $1.2 billion in what is the first sustainability-linked loan tied to ESG targets in global aviation.

    Etihad selected HSBC and First Abu Dhabi Bank as the strategic partners and financiers for this transaction

    The two acted as Joint ESG Structuring Banks, Joint ESG Coordinators, Joint Bookrunner and Mandated Lead Arranger

  • Egypt, the world’s biggest importer of wheat, has stopped buying the grain because the price of it is too high...

    This is the fourth time this year that Egypt has balked at offers in a tender

    The country imports huge amounts of wheat in order to subsidize bread for its citizens

  • The Saudi Industrial Development Fund has unveiled a set of programs and initiatives as part of its annual meeting to...

    The launch included a land, a logistic loan, a supply chain financing product and an industrial business incubator program

    Over 60 logistic zones will be developed by 2030 to support exports, e-commerce and re-export operations

  • CBUAE and ADGM will collaborate on the development and growth of the FinTech ecosystem in the UAE.

    Under the agreement, CBUAE and ADGM will enhance the collaboration under their co-sandbox program

    This will enable FinTech companies to test their innovative solutions under the existing digital sandbox program

  • The IPO starts Wednesday and will continue to October 18.

    The IPO price range of $0.66 to $0.72 implies equity valuation of $5.5bn-$6bn.

    The company expects to distribute a dividend of $200 million in April 2022 for the H2, 2021.

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