INSEAD Day 4 - 728x90

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.
  • Sharjah, UAE--Hamriyah Freezone Authority (HFZA) and Amazon UAE have signed a lease agreement for a new logistics centre which will...

    The agreement supports Amazon UAE’s commitment to investing across the country in order to shore up economic growth and innovation

    The freezone's infrastructure and location together with Amazon's technology are expected to boost customer convenience and reliability

  • Riyadh, Saudi Arabia – The Saudi Exchange on Sunday announced its intention to launch the Single Stock Options (SSOs) contracts,...

    SSOs contracts will be available to trade on 27 November 2023, enabling local and international investors to hedge and manage portfolio risks effectively

    The contracts will be cleared and settled by the Securities Clearing Center Company (Muqassa) in line with international best practices

  • It posted a profit of $630 million in January-September 2023.

    The Group maintained its strong capital base with a total equity of $10.8 billion.

    Excluding the impact of devaluation of several currencies against the US dollar, loans grew by 4 percent.

  • SHARJAH, UAE - Hamriyah Freezone Authority (HFZA) and Amazon UAE have signed a lease agreement for a new logistics center...

    Once launched, the new center will enable a seamless delivery experience across the Northern Emirates.

    HFZA’s location and over 20 years of Amazon’s technology and operational expertise will enhance convenience for customer orders.

  • The profit growth was driven by 27% revenue increase.

    The rise in revenue resulted from a surge in digital business revenue by 42.70 percent.

    The third-quarter net profit grew 22.2 percent to SAR 334 million, from SAR 273.36 million in Q3 2022.

  • The Group reported a nearly 16% year-on-year rise in revenues.

    The higher revenues were driven the hospital and pharmacy segments, due to the increase in the number of patients and inpatients occupancy.

    In Q3 2023, the net profit climbed 30 percent to SAR 544.8 million from SAR 420.6 million in Q3 2022.

  • Ghosn and his wife must "vacate the property... within a month", according to a copy of the decision seen by...

    Ghosn, who took up residency in the Beirut property after fleeing prosecution Japan in 2019, appealed the ruling on Friday, the Judicial official said

    Phoinos initiated the legal action in 2019 and has accused Ghosn of "trespassing on private property and living in the home without legal basis", the official added

  • TEHRAN, IRAN – The Iranian head of Solyanka Port in Russia said that the International North-South Transport Corridor (INSTC) is a...

    The Iranian head of Solyanka Port spoke of the measures taken by the Islamic Republic of Iran Shipping Line (IRISL ) to develop the INSTC route.

    The IRISL group purchased 30 rail wagons, 5,400 containers and ordered the construction of 21 equipped vessels for strengthening maritime routes.

  • Abu Dhabi, UAE - Mubadala has issued its first-ever Green Bond for US$750 million with a tenor of 10.5 years,...

    The order books peaked at more than $6 billion with robust demand from local, European, Asian, and American accounts

    The transaction further diversified Mubadala’s debt investors base by bringing in new investors, as a large proportion of demand came from new investors

  • RAS AL KHAIMAH -- Durar, a prominent UAE real estate developer, is set to launch MASA Residences, a luxury residential...

    Christie’s International Real Estate Ras Al Khaimah will exclusively handle sales and marketing for the development

    The project marks Durar's entrance into the UAE's northern Emirates and is poised to elevate Al Marjan Island's landscape