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.
  • Several airports in the region have announced plans to expand their airports to meet the expected growth in travel demand.

    Experts see up to 40 percent rise in premiums in the next two to three years.

    The total number of passengers traveling through DXB in the first five months of 2021 was around 9.9 million.

  • Aramco has bagged a one-year contract from Guyana to market the crude oil produced in the South American country.

    Guyana became the world's newest energy hotspot when a consortium led by Exxon Mobil Corp began producing crude off the country's coast in late 2019

    It is now producing around 120,000 barrels per day

  • Looking to protect many sectors of its economy from the competition that the foreign companies will present, Saudi Arabia has...

    Chaired by the investment minister, the new committee will also set the limit for foreign ownership in local companies

    The committee comes as more foreign entities take an interest in entering the Saudi market as part of the government’s push to modernize its economy

  • Bunyan United Company, the Saudi Arabia-based real estate firm, has tapped BMG Financial Group as its advisor for its upcoming...

    The Jeddah-based developer has real estate projects in several industries, including entertainment, medicine, and hospitality

    Bunyan United Company, the Saudi Arabia-based real estate firm, has tapped BMG Financial Group as its advisor for its upcoming listing on Nomu, a parallel market in the Saudi stock

  • Abu Dhabi will obtain large generator step-up (GSU) transformers, protection and telecommunication systems for the Al Dhafra PV2 Solar project...

    Hitachi ABB to supply GSUs for giant Abu Dhabi solar PV plant

    The project is located about 35 km from Abu Dhabi city and will supply power to Emirates Water and Electricity Company

  • Saudi Arabia has awarded a $95.4 million contract to a consortium to manage water services and environmental treatment in Riyadh.

    Contract awarded to Alkhorayef Group and France's Veolia

    Restructuring of Saudi water sector almost complete

  • Due to supply shortages and high levels of inventory carried over from the first quarter, smartphone shipments to the GCC...

    IDC predicts a 9.4 percent decline in shipments QoQ for the GCC smartphone market in Q3.

    Smartphone shipments were down 5.1 percent and feature phone shipments fell 11.9 percent

  • Under the deal, US will provide 350 contractor technicians and two government officials over two years to handle the maintenance...

    Before his election Biden had promised to make Saudi leaders "pay" for the murder of US-based journalist Jamal Khashoggi.

    In late January Biden ordered a review of all arms contracts concluded by his predecessor Donald Trump with Saudi Arabia and other countries.

  • Under the new pact, Etihad will leverage Sabre's IT solutions.

    Under the new agreement, Etihad will continue leveraging a suite of Sabre's IT solutions to aid recovery

    Sabre will help Etihad in network planning and scheduling, pricing and revenue management and cargo technology

  • The tournament was halted in May because of a devastating surge in coronavirus deaths in India, prompting foreign players to...

    The eight-team tournament resumes with Delhi Capitals at the top of the table

    The final will be in Dubai on October 15, just two days before the T20 World Cup begins

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