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.
  • Its investment will heat up the race for dominance in AI.

    As part of the deal, Anthropic will use Amazon's chips and its cloud services -- the data cen that store and process data on a vast scale -- for "mission critical workloads"

    The deal intensifies competition between Amazon and Google, which had earlier opened its cloud services to Anthropic and invested $300 million to acquire 10 percent of the company

  • The EU trade commissioner is in China to press the bloc's case that it is not seeking an economic decoupling...

    "European companies are concerned with China's direction of travel," the EU trade commissioner said

    He pointed to a new foreign relations law and a recent update to China's anti-espionage laws as being of "great concern"

  • The 2023 IMD World Competitiveness Ranking placed the UAE among the world's 10 most competitive economies.

    Gulf Cooperation Council economies are the most competitive in the Middle East region, according to the latest IMD World Competitiveness Ranking.

    In the 2023 IMD World Competitiveness Ranking, the top three economies are Denmark, Ireland and Switzerland, while the US ranks seventh.

  • Dubai, UAE -- Future100, a collaborative initiative between the Ministry of Economy and the Government Development and the Future Office,...

    The partnerships are aimed at supporting the top 100 emerging companies that play a vital role in bolstering the competitiveness of the UAE’s future economy sectors.

    The inaugural list of Future100 will be unveiled on World Futures Day, which coincides with December 2nd, the UAE's National Day.

  • Yinchuan, China--The sixth China-Arab States Expo commenced today in Yinchuan, northwest China's Ningxia Hui Autonomous Region, marking yet another chapter...

    WIth more than 1,000 entities participating in the expo, it showcases innovations from 18 trailblazing companies across various sectors

    The main highlight of the event in northwest China is the clean energy section, themed “Deepen Energy Cooperation, Create a Green Future”

  • Jakarta, Indonesia-- The UAE and Indonesia have discussed mechanisms to expand regional cooperation and opportunities for trade and investment cooperation...

    Speaking at the UAE-Indonesia Business Forum, Al Mazrouei reaffirmed the UAE's commitment to developing relations between the two countries

    The forum reviewed a number of economic and investment issues of common interest in the fields of energy, mining, tourism, real estate, and aviation

  • Sharjah, UAE -- A cooperation agreement was signed between the Sharjah Academy of Astronomy, Space Sciences & Technology (SAASST), the...

    Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah (UOS), witnessed the signing.

    The outcome of this project will help diverse parties in making decisions, developing future plans, and conducting scientific research.

  • Doha, Qatar -- The volume of real estate trading in sales contracts at the Department of Real Estate Registration at...

    Total sales contracts for residential units in the Real Estate Bulletin for the period from 10 Sept. to 14 Sept. 2023, is QR 88.73 million.

    The volume of real estate trading in sales contracts between Sept. 3 and Sept. 7 reached more than QR 308 million.

  • Doha, Qatar -- Qatar Central Bank (QCB) issued treasury bills worth QR 500 million ($137 million) for a one-week term,...

    Earlier this month, QCB issued treasury bills for one week that amounted to QR 1 billion.

    Treasury bills are a short-term debt instrument issued by the government for the purpose of borrowing and providing cash liquidity in short terms.

  • YEREVAN, ARMENIA  - Chairman of the Federation of UAE Chambers of Commerce and Industry (FCCI) Abdullah Mohamed Al Mazrouei and...

    A UAE delegation of around 100 representatives of government and private entities took part in the forum.

    In the first seven months of 2023, trade between UAE and Armenia was valued at US$870 million.