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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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Global economy set for “sturdy growth” in 2026, MENA growth to outpace global economy
Drones dive into aviation’s deepest enigma as MH370 hunt restarts
Israel’s Mossad tells Iranian protesters ‘we are with you’
SoftBank lifts OpenAI stake to 11% with $41bln investment
TSMC says started mass production of ‘most advanced’ 2nm chips
Israel to ban 37 organizations operating in Gaza, aid flow under threat
Syria reveals new post-Assad banknotes
“Hell to pay”: Trump warns Hamas after Netanyahu talks, threatens Iran with fresh strikes
Meta buys China-founded AI agent Manus
Saudi Arabia condemns ‘dangerous’ UAE moves in Yemen after striking shipment
ADIB records 45% jump in net profit
Its revenue climbed 36 percent to US$2.53 billion in 2023.
Business
EU raids energy drink Red Bull over violation of antitrust rules
Business
Dana Gas proposes dividend
Company News
Business
Tabreed to pay record dividend
Company News
Business
Bahrain central bank treasury bill issues’ value reaches $5.3 billion
Business
Zee’s shares fall after merger fails
Disagreement over who would lead the new entity led to merger's failure.
Company News
Business
Women need more agency to achieve equality
Business
Emirates NBD arranges sukuk
Company News
Business
Haute couture to upcycled outfits: Iraq fashionistas champion climate-friendly vintage wear
Business
SRC, Alrajhi sign refinance deal
Business
Economy
Optimism in the air as Airport Show begins in Dubai
3-day exhibition attended by 95 exhibitors from 21 countries 50 percent improvement in the global passenger Kms likely by mid-2021...
Dubai Chamber to host Global Business Forum Africa in October
The Forum is being held on the sidelines of Expo 2020 Dubai The event aimed at promoting Dubai as a...
ADNOC to set up a world-scale blue ammonia project in Abu Dhabi
The facility will have a capacity of 1,000 kilotons per annum ADNOC is already producing 300,000 tons of hydrogen annually...
Saudi Arabia’s used car market shows signs of recovery
Ken Research study says oil-rich kingdom's used car market is growing again after a decline in growth in 2016. The...
Abu Dhabi, Dubai villa market rental rates stay strong in Q1
The Abu Dhabi residential market delivered 1,700 apartments, 50 villas during the quarter Grade A and B office buildings in...
Airport Show-2021 begins amid signs of industry’s global recovery
Against 4.5 billion travellers in 2019, only 1.8 billion passengers took to the skies in 2020 The pandemic led to...
Creditors appoint financial advisers to oppose Emirates REIT $400 million exchange offer
Rothschild, Clifford Chance to challenge Emirates REIT’s $400 million exchange bid Creditors likely to make a better counter offer A...
Oman Insurance relocates employees to new head office
The office equipped with hot-desking that will enable work from home Digitalization will enhance interaction, communication between the teams Oman...
NBB closes finance deal for Oman’s Mazoon Electricity
The debut Islamic financing facility by the Oman-based GRE was signed for $235 million Deal part of NBB Group’s efforts...
Equinor partners with Algeria’s Sonatrach for oil, gas exploration
*MoU includes possible cooperation in greenhouse gas emissions, carbon management *Equinor involved in the development and production of two gas...
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