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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.
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China’s high-speed rail network passes 50,000km mark
Yemen separatists say Saudi air strikes will not deter them
Syria to start replacing currency from Jan 1: central bank chief
14 countries condemn Israel’s expansion of West Bank settlements, say actions ‘violate international law’
Saudi Arabia urges Yemen separatists to cede seized territory
Nvidia expands AI empire with Groq talent grab
Iran Guards seize foreign-crewed oil tanker in Gulf: state media
Israel to invest $110 billion over the next decade to develop its own independent arms industry
Libyans united in grief for army chief killed in plane crash
Why metal prices are soaring to record highs
UAE, KSA lead as tech and energy drive IPOs in GCC
The 2024 outlook for GCC IPO markets shows strong potential with diversified sector participation, bolstered by government support for both...
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Markets
Ajman, Italian-Czech Chambers discuss investment, business opportunities
Business
Economy
Geostrategy
Dubai International Boat Show highlights local marine industry’s global appeal
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UAE Central Bank revokes license of Russia’s MTS Bank
Business
Saudi Arabia to host Global Summit of Real Estate leaders
Business
UAE plans to issue bonds, Sukuk valued at $1.3bn in Q1 2024, says official
HONG KONG - UAE Ministry of Finance Undersecretary Younis Haji Al Khoori announced that the ministry's issuance of bonds and...
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Japan plans export control measures for chip equipment
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Tech & Media
Huawei posts 69% fall in profits
Business
ADNOC Gas records earnings’ rise
Business
Saudi ministries ink MoU with Korean NAVER Group for joint digital projects
Business
Expo 2020 Dubai tickets to go on sale on July 18
One-day tickets will cost AED95 ($26), multi-day tickets AED195 ($53), and season passes AED495 ($135) The multi-day passes will give...
Iraqi restaurateurs pay bribes to dodge virus curfew
Lockdown forces restaurant, cafe owners to sack a quarter of their employees Corruption in Iraq has eaten up more than...
Travelport agencies won’t have to pay Emirates’ GDS surcharge
Emirates NDC content will be distributed via Travelport+ platform GDS booking surcharge ranges between $14 and $25 Travel agencies connected...
UAE starts issuing work permits for Golden Residency holders
The Golden Residency program is a long-term residence visa the UAE started in 2019 for foreign nationals who want to...
Ethos Invest to raise $1.38 billion through a Shariah-compliant fund
The company will invest in the UK, Europe, the MENA region, South Asia, North America Sharia-compliant investment industry is available...
Qatar Investment Authority deals a blow to Credit Suisse, lowers stake
The QIA now hold a below five-percent stake in the Swiss bank Earlier it held about 133 million shares, making...
Maersk to build petrochemicals hub at King Abdullah Port
The port aims to provide logistics services for petrochemical exporters Maersk is investing in 100,000 sq m of warehousing space...
WPP teams up with Tihama to form a Saudi media joint venture
WPP and Tihama join hands to form a new Saudi media joint venture WPP will have 70 percent stake in...
Saudi Arabia prods tech, industrial firms to list on Tadawul
Industrial companies to be given help in procuring land and factories In May, the kingdom issued 59 new industrial licenses...
Germany hopes return of pre-pandemic level Saudi tourist arrivals
Germany recorded 1.6 million overnight stays from the Gulf region in 2019 A campaign aims to inspire travelers to journey...
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