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.
  • The profit in the same period last year was $159m

    As of end of June 2022, NBK-Bahrain’s total assets stood at BHD 7.05 billion compared with BHD 7.13 billion for the same period in 2021.

    customer deposits increased by 68 percent y-o-y to BHD 3.080 billion compared with BHD 1.829 billion for the same period of previous year.

  • Dubai tourism recovered fast after the easing of Covid-19 restrictions, registering a 203 percent increase in the number of visitors...

    The increased flow of tourists helped improve hotel occupancy across the emirate, which reached 76 per cent during the period, the highest globally in Q1.

    Dubai was rated the third safest city to travel for solo female travelers.

  • An economic crisis spurred by the Ukraine war is casting darkness upon Egypt's streets, as the government dims lights to...

    Egypt, the world's biggest wheat importer, relied on the ex-Soviet states for over 80 percent of its grain.

    Inflation hit a three-year high of 14.6 percent in July after Egypt devalued the pound

  • International delegates are meeting in Riyadh from August 28-31 to discuss the future of global digital communications ahead of International...

    The meet is hosted by Saudi Arabia’s digital regulator, the Communications & Information Technology Commission.

    Saudi Arabia is positioned to act as a convenor and mediator between the Arab world and the ITU’s 193 members to forge the best global digital policies.

  • Saudi Arabia harbors more than 33 million palm trees planted in more than 123,000 agricultural properties in 13 administrative regions,

    According to a report by the Ministry of Environment, Water and Agriculture (MEWA), Saudi Arabia's dates exports amounted to $322 billion

    The kingdom produces nearly 154 million tons of dates annually

  • It cut down the loss to $18m from $35.39m posted last year.

    The hospitality group recorded  a 6.4 percent rise in revenue to $93.66 million that helped bring down the group's loss

    Alhokair saw growth across its different units during the six-month period, recording higher revenue from the hotel and entertainment sectors

  • With temperatures soaring above 45 degrees Celsius, dogs have found a unique way to beat the heat of the UAE:...

    The resource-rich Gulf is among the regions most at risk from global warming, with some cities facing the prospect of becoming uninhabitable by the end of the century

    Experts recommend that dogs exercise at least 30 minutes a day

  • Facebook, since the Cambridge Analytica scandal broke, has removed access to its data from thousands of apps suspected of abusing...

    In a lawsuit initiated in 2018, Facebook users accused the social network of violating privacy rules by sharing their data with third parties

    Cambridge Analytica, which has since shut down, had collected and exploited, without their consent, personal data of 87 million FB users

  • After a nervous start to the week, the big stocks of the GCC, Al-Rajhi Bank, Retal Urban Development Company, and...

    The Abu Dhabi Securities Exchange index finished the week up 0.5 percent, with five sectors and 34 shares gaining ground

    The Saudi index finished the week up 1.2 percent due to gains of 1.6 percent at Al Rajhi Bank and 0.8 percent at Retal Urban Development Company

  • Despite ease in the measures set to combat the COVID-19 pandemic, electronic payments in the Gulf countries surged more than...

    Despite ease in the measures set to combat the COVID-19 pandemic, electronic payments in the Gulf countries surged more than cash payments in several other Arab countries

    Gulf govts have consistently been working to popularize electronic payment in many sectors as part of their national plans to establish governance and optimize automation