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.
  • Entities registered with the Abu Dhabi Global Market or ADGM will now be able to offer and list shares on...

    An MoU was signed between the Registration Authority of the ADGM and the Securities and Commodities Authority or the SCA.

    The agreement aims to reinforce regulatory and supervisory cooperation between the two parties

  • KUWAIT: A delegation from the Federation of UAE Chambers of Commerce and Industry and officials of the Kuwait Chamber of...

    Federation of UAE Chambers and Kuwait Chamber hold a meeting to discuss ways of promoting investment opportunities.

    Kuwait Chamber chairman expects Kuwait-Abu Dhabi cooperation in healthcare, education and food security.

  • The punishments could include monetary penalties, imprisonment, and then subsequent deportation.

    Any self-employed expatriate who engage in jobs for their own personal benefit could be fined SAR50,000 (around $13,300), jailed for six months

    The self-employed expatriate would be deported after serving the jail term and the payment of fines

  • The Federal Board of Investment of Pakistan has invited auto-sector investors to set up business within the country.

    The Pakistan government promises a safe and secure environment for foreign investors with legal protection under the Acts of Parliament

    It also promises investment opportunities in all sectors of economy for foreign investors with 100 percent equity or joint ventures

  • DUBAI: Etihad Credit Insurance (ECI), a UAE Federal export credit company, and Bpifrance Assurance Export, a French export credit agency,...

    Etihad Credit Insurance and Bpifrance Assurance Export will push more Emirate and French projects globally.

    The UAE is France’s second-largest trade partner in the region. Non-oil foreign trade between the countries was AED 19.7 billion in 2020.

  • The UAE-based company will now focus on providing ‘Energy for change’.

    The UAE-based company will now focus on providing ‘Energy for change’

    The company seeks to generate positive economic, social, and environmental impact

  • Manama Bahrain

    Bahrain plans to double its VAT rate to 10 percent, which is likely to drive its citizens to shop in...

    In the GCC, Saudi Arabia and the UAE were the first to introduce a VAT system in January 2018

    Bahrain followed a year later, and Oman brought in the tax in April 2021

  • Nearly two years after it set up a base in Bahrain, Amazon Web Services (AWS) has widened its footprint beyond...

    The new AWS Middle East UAE Region will have three Availability Zones and will be AWS' second Middle East region

    Customers with data residency requirements in the UAE can now store their data in the new AWS Region in UAE

  • Jabal Omar Development Company, one of Saudi Arabia's largest-listed property developers, has signed a deal to restructure a SAR 4.7-billion...

    The repayments will begin after a three-year grace period, Jabal Omar said in an exchange filing

    As per  the new agreement, the loan’s final maturity has been extended by three years to 2030

  • Bidfood UAE is part of the Bidcorp Group, and has officially been chosen to distribute the Impossible Burger across the...

    Bidfood will begin to distribute three of Impossible Foods’ plant-based items

    These are the Impossible Burger in 1.2-kg and 1.13-kg patties, and the Impossible Burger in bulk format of 2.26 kg

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