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.

  • The total value of the contracts signed with several UAE clients is AED90 million.

    Several UAE-based clients have awarded contracts in retail, sports and real-estate sectors.

    Imdaad was hired by the Dubai World Trade Centre for Total Facilities Management services at Expo Village.

  • DUBAI: The UAE has the foundations and competitive advantages to become one of the largest producers of low-carbon hydrogen in...

    UAE’s strong infrastructure, export facilities, geographic location key advantages.

    ADNOC is already a producer of over 300,000 tons per year of hydrogen in its downstream facilities.

  • The Saudi company will undertake ground handling services for flydubai.

    The AED 100m agreement has been signed for five years.

    flydubai said the agreement reflects the longstanding relations between it and Saudi partners.

  • The bank has bought 320,664 shares on DFM and Bahrain Bourse.

    The bank has bought 320,664 shares on Dubai Financial Market and Bahrain Bourse

    The move increases the total holding of treasury shares from 110,779,910 to 111,100,574

  • The emirates achieves hotel occupancy rate of 62 percent, ahead of the US, UK and Turkey

    Hotel revenues grew by 31 percent to reach AED11.3 billion.

    Domestic tourism accounted for 30 percent of the total number of guests at hotels.

  • The new project, signed in 2017 with oil services company Baker Hughes, will eventually allow 200 million cubic feet of...

    The implementation of the project and the gas exploitation may have to wait 30 months for the completion of infrastructure works

    The amount of gas torched in Iraq annually reached 17.37 million cubic metres last year, says the World Bank

  • The Saudi economy, as per IMF, is recovering "well" from the pandemic, estimating the kingdom's non-oil economy will grow by...

    COVID-19 increased the average debt in Arab countries to 81.8 percent of its GDP in 2020, up from 69.4 percent in 2019.

    Qatar has the highest GDP per capita in the Arab world due to its small population.

  • NBFX will help customers digitally hedge their treasury requirements.

    The new platform is available for both conventional and Shariah-compliant banking customers on a 24/5 basis

    Customers will be able to execute transactions during and beyond the bank’s working hours and benefit from liquidity across all time zones

  • Filipinos living overseas have sent back some $3.8 billion in July with most of the remittances coming from the Middle...

    Central bank figures show personal remittances from overseas Filipinos reaching $3.18 billion in July

    Saudi Arabia was the third-biggest source of these money transfers, while Qatar and the UAE were also in the top 10

  • Huawei, the Chinese tech giant, will invest $15 million across the Middle East during the next three years in order...

    The new investment includes $7.6 million being allocated for partner development, more than $2.5 million to be put behind credits and other cloud resources

    Chinese tech giant looks to groom SMEs to use cloud computing services

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