INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

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.
  • Emirates has announced that from October 1 it will undo all changes to employee pay structure that it undertook to...

    The new changes will take effect from October 1

    ""We will better recognize our internal talent by increasing the salary increment opportunity on promotion for core grades"

  • Saudi Arabia will start giving out professional licenses from next year in order to improve the quality of its domestic...

    The Ministry of Municipal and Rural Affairs and Housing for regulating city operators will start the first phase of issuing professional licenses for 16 professions

    The major professions for which the ministry is seeking to introduce mandatory professional license in a phased manner consist of technicians, construction workers

  • Saudi Arabia has filed a World Trade Organization complaint over EU anti-dumping duties on imports of a chemical compound used...

    In the complaint, dated Aug. 17 but circulated to WTO members on Thursday, Saudi Arabia charges that the EU unfairly imposed provisional anti-dumping duties

    The chemical compound is used in a variety of industrial processes, including to produce polyester fibers and components for manufacturing plastic bottles

  • Travelers from these countries need not quarantine on arrival in Abu Dhabi.

    Travelers from these countries need not quarantine on arrival in Abu Dhabi.

    The list is effective from 12am (UAE time) Friday and subject to change based on global Covid-19 developments.

  • The term loan facility reduces by $1 billion the size of EGA’s existing seven-year $6.5 billion loan facility signed in...

    Middle East’s largest aluminum maker expects loan to enable optimal dividend policy for shareholders.

    The company could be listed if shareholders wish, says CFO.

  • The customs authority has foiled more than 1,000 attempts to smuggle prohibited items into Saudi Arabia.

    Zakat, Tax and Customs Authority processes $80 bn worth of inbound and $34 bn outgoing goods.

    About153,000 inspections carried out in the kingdom detect more than 20,000 zakat and tax violations.

  • Saudi Arabia’s General Authority of Civil Aviation has accepted the pass as a valid way of confirming Covid-19 test.

    Eventually this acceptance will be expanded to vaccine certification

    Travelers to and from Saudi Arabia will soon have the choice of using either the Pass or the national health app

  • A recent report by real estate firm Chestertons said value of residential transactions increased by nearly 50 percent during the...

    Mortgage deals worth AED104.87 million and 12 gift transactions amounting to AED22.86 million also recorded.

    Completed property sales accounted for 71 percent of total transaction value and 59 percent of volume in Q2.

  • Timely preventive measures such as vaccination of frontline construction workers, embracing new technologies , financial stimulus packages, loan relaxation and...

    HSBC Bank expects the rally in Dubai’s real estate sector to last several years.

    Dubai’s prime properties snapped up fast owing to low prices.

  • Drake & Scull International (DSI) has reported a net profit of $21.2 million for the first half of 2021. The...

    As of June this year, accumulated losses amounted to 4.82 billion dirhams, compared to 4.9 billion dirhams at the end of December 2020

    The losses have been attributed to, among others, the work in progress and contract receivables in the company’s legacy projects

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