INSEAD Day 4 - 728x90

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.
  • AMMAN, JORDAN - Amman Chamber of Commerce (ACC), in cooperation with Ministry of Justice and Jordan Judicial Council (JJC), organized...

    The workshop aims to introduce human trafficking crime in Jordanian law and global pacts and the measures taken at the national level to help victims.

    The workshop reflects the "important" role played by national institutions in combating human trafficking and raise awareness of its dangers.

  • The fabrication unit will cost the firm US$5.44m.

    The new installation will benefit from the collective expertise of KEZAD and ASTRA to accelerate growth in the industry sector while creating jobs and providing products

    The business facility is expected to source $21.78 million worth of goods and services from the local market annually, thereby strengthening the local economy

  • Riyadh, Saudi Arabia - Saudi EXIM Bank signed line of credit agreements worth $51 million with Türkiye Finans Katılım Bankası...

    The agreement is likely to help boost trade between the two countries and facilitate the flow of Saudi non-oil exports to the Turkish markets

    The agreement with Türkiye Finans Katılım Bankası A.Ş values at $26 million, the one with Albaraka Türk Katilim Bankasi A.S. at $25 million

  • ABU DHABI, UAE - The UAE insurance sector continues to exhibit robust growth, as evidenced by a 9.6 percent increase...

    Central Bank of the UAE data shows that assets rose 3.05 percent from US$1 billion to US$ 34.7 billion between Q2 and Q3 of 2023.

    The UAE's leadership position within the Arab insurance landscape is further solidified by its consistent ranking among the top global performers.

  • Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked...

    The lawsuit, filed in a California court, claimed Google's practices had infringed on users' privacy by "intentionally" deceiving them

    Lawyers for the plaintiffs were seeking at least $5,000 for each user it said had been tracked as they visited Google Analytics in private browsing mode

  • Riyadh, Saudi Arabia - Saudi Arabian Mining Company (Maaden) on Thursday announced a discovery of substantial gold reserves, marking a...

    The company's exploration program has led to discovery of a gold resource potential spanning across a 100-kilometer stretch from the existing Mansourah Massarah gold mine

    As of year-end 2023, Mansourah Massarah boasted nearly seven million ounces of stated gold resources and a nameplate production capacity of 250,000 ounces annually

  • The company is leading equipment manufacturer for 5G.

    Sanctions since 2019 have cut the firm off from access to US-made components and technologies, forcing it to diversify its growth sources

    In 2023, the group expected revenues of more than 700 billion yuan ($99.2 billion), Hu said - an increase of nearly nine percent from last year

  • The car manufactured by Xiaomi likely to enter market by 2025.

    Xiaomi boss Lei Jun took to the stage in Beijing Thursday to unveil the SU7, a sedan that is scheduled to enter the market in 2025

    Xiaomi announced in 2021 to enter the highly competitive sector of electric vehicles manufacturing

  • QatarEnergy will supply 18m barrels of crude oil per year to Shell.

    QatarEnergy and Shell have a long-standing strategic partnership through several shared investments in the energy industry in Qatar and globally.

    "We look forward to building on our historic relationship and hope we achieve greater success with Shell," said Saad bin Sherida Al Kaabi, CEO QatarEnergy

  • KLP, which manages over 700 billion kroner ($70 billion), said the exclusion amounted to $15 million. The fund dropped 11...

    Saudi Aramco was blacklisted due to its ties to the Saudi state and for "contravening expectations over climate and energy transition plans", the fund said.

    In 2021, the fund excluded 16 companies with links to Israeli settlements in the West Bank, which are considered to be in violation of international law.