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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.
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Trump signals second carrier deployment as US-Iran prepare to resume talks
Embed AI in workflows so deep that it becomes invisible: Matt Cloke
UAE Innovation Month: Why 2026 is the year of the agentic enterprise
Iran signals potential dilution of highly enriched uranium if sanctions are lifted
Professional events are becoming West Africa’s new innovation engine
Iran says US talks in Oman a ‘good beginning’ as fears of military confrontation grow
The great tech reset: How the gulf turned sovereign capital into a tech ecosystem
Jobs and investment top MENA expectations from multinational firms, Ipsos finds
Citizen-consumers are redefining the global reputation of multinationals: Ipsos study
Governments must put creativity at the center of economic strategy: Report
KACST, ACWA Power sign pact
The aim is to develop technologies for clean energy.
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TikTok parent firm ByteDance’s founder lost $17bn in 2022
Business
Switzerland to probe what led to Credit Suisse collapse
Banking & Finance
Business
Dubai records $626 million in realty transactions: Land Department
Business
‘Global growth to fall below 3 percent in 2023’
Business
Economy
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Global
Aldrees Petroleum to hike capital by 33%
The company's capital now stands at US$266 milion.
Business
CBUAE issues new AED1000 banknote, depicts UAE’s space ambitions
Business
Airbus to open second plane assembly line in China, double output
Business
UAE decision on Small Business Relief aims to support startups
Business
Credit Suisse merger the right choice despite risks: UBS
Business
Saudi Pension Agency posts 9.5 percent returns in 2020
The kingdom’s Public Pension Agency said on Sunday that it had recorded 9.5 percent returns on investments in 2020. Its investments...
Digital payment platform Square to buy Afterpay for $29 billion
Afterpay specializes in the "buy now, pay later" model that offers users staggered payments, often without extra charge.
Kuwait aims to be the hub for electric carmakers in Middle East
Kuwait Ports Authority (KPA) has approved a proposal to build the Middle East’s first city to serve electric vehicle manufacturers,...
RAK Properties net profit rises 348% to AED120m in H1
Revenues of the UAE-based real estate firm, which is listed on the Abu Dhabi Stock Exchange, grew by 121 percent...
Engie roped in for energy-efficiency project at Riyadh airport
The project is aimed at reducing energy demand and costs at the airport and ensuring reliable supply through clean and...
US gears up to sell 18 military choppers to Israel for $3.4 billion
All 18 choppers are Sikorsky CH-53K King Stallion heavy-lift helicopters, and will come fitted with weaponry provided by Lockheed Martin.
Licenses issued by Ajman rise 117 percent in H1 2021
Bulk of licenses issued to building maintenance activities, restaurants import and export, retail of canned and preserved foodstuffs.
Oman bans network marketing, pyramid schemes
The authorities will impose a fine of OMR 5,000 (nearly $13,000) on anyone who is found violating this ban, with...
Private firms in Oman can use government evaluation system
The existing method of appraisal is based on work experience, an employee’s behavior, and how long he/she spends at work.
A project to extract water from air at Masdar soon
It will evaluate the performance of US-based water technology firm AQUOVUM’s Atmospheric Water Generation technology.
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