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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
Cisco identifies major AI trends for 2024
DUBAI, UAE – Developments in Artificial intelligence (AI) have been impacting businesses, governments and economies across the world. Advancements in...
Business
Tech & Media
Petrofac shares surge
Business
Company News
Energy
UAE launches new weekly shipping service to Qatar, Kuwait
Business
Saudi Arabia’s Q4 2022 unemployment rate drops to 8 percent
Business
H&M stays in the black
Business
Global Islamic finance market to touch US$4.9trn in 2025, says Malaysian official
Hong Kong-- The global Islamic finance market would touch US$4.9 trillion by 2025, according to Yazrin Syakhairi, Malaysian Trade Commissioner...
Business
Empower to pay $116m dividends
Business
Poland asks EU to limit ‘destabilizing’ Ukrainian grain
Business
Credit Suisse hid $700m in undeclared accounts: US Senate
Banking & Finance
Business
Economy
SES seeks merger with Intelsat
Business
Company News
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...
Tunisia ‘trailblazer’ in Mediterranean seaweed farming
Red seaweed or algae is used for gelling, thickening and texturing agents FAO aquaculture expert Hamza said seaweed farming presented...
Cruises set to return to Abu Dhabi
In 2019, around 500,000 cruise visitors had arrived in the Emirate’s ports, marking a 46 percent increase compared to 2018...
POSist sees growth rebounding in the Gulf in 2021
Pent-up demand may lead to vigorous recovery in Gulf travel, tourism, hospitality sectors in the second half of 2021...
Dynabook Europe GmbH signs distribution deal with PC DealNet
PC DealNet to distribute B2B mobile computing products and services in UAE, Qatar, Bahrain, Oman, Kuwait, Lebanon and Jordan Formed...
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