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.
  • Apple was forced to loosen the grip it holds on its App Store payment system. The tech giant requires developers...

    Apple takes a commission of up to 30 percent of app purchases or transactions.

    It maintains that 85 percent of the approximately 1.8 million apps at the digital shop pay nothing to the company.

  • It has been a roller coaster ride for insurance companies in the GCC countries and the health care sector since...

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

    Abu Dhabi-based Daman Insurance looking at new markets such as Kuwait and Bahrain.

  • Dubai Financial Market

    In order to diversify investment opportunities, the Dubai Financial Market (DFM) will roll out new equity futures contracts on individual...

    Investors can trade DFM equity futures through eight brokerage firms

    DFM sees growing investor interest in equity futures

  • Sidra Capital, the Saudi Arabia-based investment firm, has bought an office building in the United Kingdom for $26 million.

    The Countryside House HQ in Brentwood is a Grade A commercial property that has been fully let to Countryside PLC, an FTSE 250 company

    Property undergoing $11m refurbishment

  • The CEO of the UAE-based Shuaa Capital has bought 57, 966, 523 shares in the financial firm, taking his personal...

    Shares were sold by Shine Investments in Commercial Projects

    In 2019, Shuaa Capital, which has $14 billion in assets under management, merged with Abu Dhabi Financial Group (ADFG) in 2019

  • Investments from UAE-based property developers helped Bahrain’s tourism sector remain buoyant during the pandemic.

    Capital investment into MEA last year decreased 82 percent from 2019, dropping to $1.6 billion.

    Bahrain ranked first in MENA for the number of tourism jobs created in 2020 and second for the number of tourism FDI projects.

  • Flights between Sharjah and Riyadh, Jeddah and Dammam to start from Sep 14

    Customers can now book their direct flights between Sharjah and Riyadh, Jeddah and Dammam by visiting Air Arabia's website

    All passengers traveling to the kingdom are required to download "Tawakkalna" mobile app

  • Based on a survey done last year, 77 percent of Lebanese youth said they think about emigrating and seek it,...

    Based on a survey done last year, 77 percent of Lebanese youth said they think about emigrating and seek it, and this percentage is the highest among all Arab countries

    Many professionals, including doctors, academics, entrepreneurs, and designers, have left or are planning to go

  • The company hires two members for Industrial and Logistics.

    Company credits Maxim Talmatchi, who was hired as manager and co-head of Industrial and Logistics, with 300 successful transactions.

    Dumitru Mamaliga, hired as industrial surveyor, has focused in the industrial and logistics sector in the UAE since 2017.

  • Cloning is in demand not only for beauty pageants and races but also for reproducing camels that produce large amounts...

    Some clients will pay between $54,500-$109,000 to duplicate a "beauty queen".

    Dubai claimed the world's first cloned camel, Injaz (achievement in Arabic), on April 8, 2009.

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