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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
Innovations, investment spur UAE lab equipment surge
Driven by a growing population, the prevalence of chronic diseases, and significant government investments, the UAE's laboratory equipment market is...
Business
Fed in dilemma over inflation, financial stability
Business
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UAE-Israel free trade deal to take effect on April 1
Business
Economy
In an email to employees, Elon Musk puts Twitter’s value at just $20 billion
Business
DP World’s overseas logistics investments cross $10bn
Business
ADNOC Drilling begins use of hybrid rigs
The rigs use high-capacity battery to reduce emissions.
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Qatar Chamber forms committee to address gold sector issues
Business
DEWA, UAE energy ministry discuss cooperation for clean energy goals
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UAE urges investment, action for water sustainability at UN meet
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Climate Change
Kuwait’s never-ending political crisis hurts economy
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Economy
SNIC Insurance outsources health insurance to Health 360°
SNIC Insurance will outsource the management of its health insurance to Health 360 due to its international and regional partners...
A majority of UAE companies believe artificial intelligence can cope with cyberattacks
A Sophos report has said around 92% of IT teams in companies in the UAE said they expect Artificial...
Emirates Development Bank successfully closes $750-million five-year bond
EDB has successfully closed its $750-million five-year bond issue, which was four times oversubscribed The bonds were priced at a...
Dubai crown prince orders government procedures for doing business be cut by 30 percent
This is expected to improve Dubai’s, and in turn the United Arab Emirates’, position in the global Ease of Doing...
IT spending in insurance to grow at 6% CAGR by 2024
Improving customer experience is the keystone for insurers 55% of insurers already have, or plan to develop a customer...
Arab National Bank renews partnership with Microsoft Arabia
The agreement was signed by ANB’s chief operating officer, Ayed Al Zahrani and Microsoft Arabia's vice president of customer...
UAE banks make profit again as economy picks up speed
Top banks of UAE banks record more profit than last year Income rose by 85 percent during the first...
Saudi food company Tanmiah gets nod from regulator for share sale
Tanmiah Food Company has won approval from CMA to sell 30 percent of company shares The food company employs...
Saudi Aramco unveils first dollar sukuk bond
The bonds will be issued in three tranches The deal will consist of three, five and ten year tranches...
Emirates NBD, Dubai’s largest lender, lists $750m bond on Nasdaq
The second offering for 2021 has increased NBD’s listed bonds to more than $5.1 billion. It was 2.3 times...
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