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.
  • Real estate and property transactions worth AED 7.1 billion ($1.93 billion) were recorded in Dubai during the week ending October...

    A plot of land sold for AED 33 million in Hadaeq Sheikh Mohammed Bin Rashid.

    The highest number of transactions, valued at AED 126.61 million, were recorded in Al Hebiah Third.

  • Brazil's tourism minister has said the country is planning to attract about a million tourists from the Middle East in...

    Brazil is in touch with Emirati officials for operating more direct flights to Amazon and northeast regions, says tourism minister.

    Annual outbound and inbound tourist traffic from Brazil to the Middle East is around 125,000 and 120,000 respectively at present.

  • The company expects its operating profits at 15.8 trillion

    The world's biggest smartphone maker said it expected its operating profits to reach around 15.8 trillion won ($13.3 billion) in a regulatory filing, up 27.9 percent year-on-year

    The conglomerate's overall turnover is equivalent to a fifth of the country's gross domestic product

  • "Following the completion of the Premier League's Owners' and Directors' Test, the club has been sold to the consortium with...

    Earlier on April 9, 2020, the investment group, which also includes PCP Capital Partners and Reuben Brothers, made a bid for the north-east club

    This deal collapsed in July 2020 due to the Premier League's concerns over alleged Saudi broadcast piracy

  • The MoU was signed at the WETEX and Dubai Solar Show.

    Utico and Siemens have signed an MoU for the engineering, supply, and services for an independent water project in Hassyan

    By capacity, this will be Siemens’ largest desalination plant project to date in Dubai

  • The Kuwaiti cabinet has instructed the Public Authority for Agricultural Affairs and Fish Resources to plan for this.

    The Kuwaiti cabinet has also ordered the parks authority to allocate plots for organizing entertainment activities and events

    These will happen in the agricultural areas of Al-Wafra in the south and Al-Abdali in the north

  • The UAE continues to enjoy high financial solvency as well as a strong credit profile, minister of finance Sheikh Maktoum...

    Al Maktoum's statement comes as the Ministry of Finance confirms the issuance of a multi-trance bond offering.

    The new bond package, comprising of tranches of 10, 20 and 40 years, will be issued for a subscription.

  • In terms of re-exports, DAFZA grew 24 percent to total AED40.8 billion, representing 20.5 percent of Dubai's total non-oil foreign...

    In terms of re-exports, DAFZA grew 24 percent to total AED40.8 billion, representing 20.5 percent of Dubai's total non-oil foreign trade

    As for commercial partners, China came in first at 30 percent with a trade value of AED23 billion

  • The Abu Dhabi Development Fund received a delegation from the Central Bank of Egypt.

    Since it commenced its activities in Egypt in 1974, ADFD has funded more than 75 strategic projects in the country

    Spanning several sectors, they have with a total value of approximately AED3.3 billion (around $900 million)

  • Mubadala is biggest shareholder of asset manager Investcorp.

    Bahrain-based Investcorp has acquired 89 industrial properties across four major US markets

    The real estate acquired is approximately 2.2 million square feet, for a total of $380 million

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