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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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Turkish authorities make further arrests in football betting scandal
Zelensky to meet Trump in Florida on Sunday for talks on how to end the Russian invasion
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
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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SES seeks merger with Intelsat
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Dubai records real estate deals worth $1.25bn in two days
Business
$35m rare pink diamond to go under hammer in New York
Business
Aramco JV HAPCO breaks ground
Company News
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Nokia sees ‘challenging’ 2024
Last year, the company reported a profit of $739 million.
Company News
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Alistithmar Capital, Safa Investment set up real estate funds worth US$293m
Business
US senators reprimand regulators for failure to stop SVB collapse
Business
New national carrier part of Saudi bid to become a business, tourism magnet
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Economy
Global Carbon Council, EGX sign MoU to launch voluntary carbon market
Business
Economy
Realsmart launches blockchain-enabled real estate platform
Platform enables investors to buy security tokenized shares in world-class real estate on the blockchain It makes safe, fast, and...
Saudi Arabia may build a new airport in pursuit of tourism goals
New airport would serve as base for new airline planned by country’s sovereign wealth fund Kingdom’s goal is to attract...
Beirut most expensive city for expats Middle East: Mercer
Cost of living fell in most Gulf cities in 2021; Riyadh most expensive Gulf city Abu Dhabi and Dubai...
Jingle Pay first money service business with Shariah certification
The product has Shariyah Review Bureau certification Customers can opt for a fee-free Islamic account or a conventional one ...
HSBC Saudi Arabia lead manager in ACWA power’s maiden Sukuk issuance
Final pricing lowest ever senior unsecured Sukuk pricing achieved by a corporate or bank issuer since 2017 HSBC Saudi Arabia...
Fertiglobe to join first-of-its-kind blue ammonia project in Ruwais
Final investment decision expected in 2022, and the start-up is targeted for 2025 The TA'ZIZ facility’s capacity will be up...
Arkan Board approves $1.11b deal to acquire Emirates Steel Industries
The deal is valued at AED4.07 billion ($1.11 billion), as it will give Arkan 5.1 billion ordinary shares at a...
UAE retail e-commerce market grew 53% to hit record $3.9 billion in 2020
This was a 53% year-over-year increase, driven by the digital shift accelerated by the Covid-19 pandemic E-commerce accounted for 8%...
Rising application in pharma sector to drive sodium bicarbonate market: FMI study
*China to be one of the dominant markets globally due to the presence of various end-use industries *US accounts for...
Salla and Spotii partner to enable Buy Now, Pay Later service for Saudi consumers
*About 10,000 merchants likely to benefit from the service *Buy Now, Pay Later affords consumers a flexible installment payment option...
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