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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.
  • Oman’s pavilion draws visitors eager to learn about investment in the country

    More than a hundred thousand people paid visit to Oman’s pavilion in the first nine days of Expo 2020, according...

    Over 12,400 people visited the pavilion daily, a figure considered "an excellent indicator" during the first week of the mega event

    People were briefed about the country’s investment opportunities and were shown displays of modern technologies and sound management

  • Post merger, Emaar Properties and Emaar Malls form a single company

    Shareholders of Emaar Properties have approved the merger of the company with Emaar Malls, according a bourse filing.

    Shareholders also approved during the General Assembly on Sunday the proposal to increase Emaar Properties’ share capital to $2.2 billion

    Emaar Malls’ net profit reached 622 million dirhams during the first six months of 2021, up by 80 percent from 345 million dirhams during the same period in 2020

  • In just 10 days of Expo 2020 organizers record more than 400,000 visits

    It has been ten days since the Expo 2020 was kicked off in a grand celebration, and so far 411,768...

    The visitors belonged to 175 nationalities and not far off the 192 countries participating in the event

    Visitors to the global event could choose from multiple ticket options including Multi-Day and Season Passes

  • Now an ad from the lowest place on the Earth

    The new ad posted on the Twitter handle of the Israeli Pavilion at Expo 2020 Dubai has been videographed in...

    New ad of Israeli Pavilion at Expo 2020 has been shot in the middle of The Dead Sea

    It is an imitation of the Emirates’ ad from the top of 828-metre-high Burj Khalifa

  • DEWA, Ireland explore digital technology cooperation

    DEWA CEO Saeed Mohammed Al Tayer and Ireland’s Minister of State for Trade Promotion, Digital and Company Regulation at the...

    This was part of the Irish commercial delegation visit to the Water, Energy, Technology, and Environment Exhibition (WETEX)

    The two parties discussed enhancing cooperation, exchange of experience between DEWA and Irish companies

  • $1.3bn UAE-Mexico non-oil trade in 2020 shows strong trade ties: Minister

    The non-oil trade between the UAE and Mexico totaling $1.3 billion in 2020 demonstrates a strong partnership between the two...

    Both countries agree on new plans to reinforce economic cooperation.

    UAE Minister of State for Foreign Al Zeyoudi holds a meeting with Martha Delgado Peralta, Deputy Secretary at Mexico's Ministry of Foreign Affairs.

  • Engicon lands Jordan partnership

    Engicon has signed an MoU with the JPMC for a water treatment plant.

    Engicon will supply, develop, and operate a phosphate water treatment plant in El-Sheidiyah mines

    The treated water will be used for purposes of industry and agriculture, aimed to improve and preserve the region's ecosystems

  • OTO gets $3m from MEVP and Derayah

    It is the 'largest seed' raised by a MENA SaaS firm.

    OTO is currently offering its services in Saudi Arabia, UAE, Kuwait, Oman, Qatar, Bahrain, and Egypt.

    The funding will help the company to grow its customers base across GCC and Egypt.

  • Qatar National Bank posts 8 percent jump in net profit to $2.83bn in 9 months of 2021

    Qatar National Bank (QNB), the Gulf's biggest lender, posted an 8 percent increase in nine-month net profit to $2.83 billion,...

    Loans and advances grew 7% in the period while total assets rose 10% to 1,084 billion riyals, it said in a statement

    Operating income in the first nine months of 2021 grew by 8% to 20.7 billion riyals, it said

  • DEWA gets $10.9bn via IPWP model

    DEWA used the IPWP model in a number of its key projects.

    One of the model’s key features includes the implementation of the directives of the leadership

    It also includes adopting a successful partnership model on sound commercial foundations

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