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.
  • Twelve new service and collision repair centers will be set up in Saudi.

    The new partnership will launch with six collision centers and six quick service centers spread across KSA.

    The collision repair services will be known as Fix Auto Collision, while the mechanical service and repair centers will be called Fix Auto Service.

  • This is the second largest mortgage refinancing deal in the kingdom.

    Tareq Al-Sadhan, CEO of Riyad Bank, said the long-term partnership with SRC will provide housing finance solutions that fulfill the needs and requirements of Saudi families.

    Saudi Vision 2030 aims to raise the percentage of residential ownership of Saudi families from 47 percent to more than 60 percent within four years. 

  • The total premiums of insurance companies listed in local financial markets in the first half of 2022 increased by 7.64...

    The total premiums of insurance firms listed in local financial markets in H1 2022 increased by 7.64 percent year-on-year to $302 million

    The total net profits of insurance companies listed in local financial markets in H1 2022 totaled $222 million

  • The real estate and properties transactions valued at $2.8 billion (AED10.3 billion) in total during the week ending 19 August...

    A total of 344 plots were sold for $694 million, 2,239 apartments and villas were sold for $1.07 billion

    The top two transactions were a land in Al Wasl sold for $108 million, followed by a land sold for $55 million in Hadaeq Sheikh Mohammed Bin Rashid

  • The UAE is providing sustainable humanitarian aid worldwide, underscoring its commitment to promote regional, global peace and prosperity. As per...

    The total value of foreign aid provided by the UAE from the start of 2021 to mid-August 2022 amounted to $3.5 billion

    While Yemen accounted for most of Emirati aid with over $315 million, the list also included several Arab, Asian and Western countries

  • The gains, due to high oil prices, will provide 'firepower' to the region's sovereign wealth funds, said Jihad Azour, IMF's...

    Recently, Saudi Arabia said it achieved a rare budget surplus of over $20bn in the second quarter of 2022, as oil revenues surged 90 percent compared to a year ago.

    Saudi PIF has invested over $620 billion in total, $7.5 billion alone in US stocks during the second quarter, when the share prices were relatively low.

  • Saudi Arabia and Uzbekistan have signed an agreement to develop cooperation and exchange information and experiences in all fields of...

    They will develop cooperation and exchange information and experiences in all fields of energy though research and studies besides exchanging policies and laws related to these.

    The agreement was signed by the acting Minister of Energy Dr. Essam bin Saad bin Saeed and the First Deputy Minister of Energy of Uzbekistan Azim Ahmed Khojayev.

  • A two-month rally from June lows appears to have run out of steam this week, with downward pressure coming after...

    Hong Kong, Taipei, Manila, Sydney and Jakarta inched higher, while Shanghai, Singapore, Seoul, Wellington, Mumbai and Bangkok all fell.

    Wall Street's three main indexes edged up after Wednesday's losses. In Europe, London inched up, while Paris and Frankfurt edged down.

  • The recent drop in oil prices reflects global concern over an economic slowdown and “masks physical market fundamentals," says OPEC...

    The recent drop in oil prices reflects global concern over an economic slowdown and “masks physical market fundamentals,” says OPEC secretary general

    He predicted a slowdown in demand growth in 2023 but said it should not be worse than what has already been experienced in the last two years

  • Patches were released Thursday and Wednesday by the tech titan to fix what it described as a vulnerability hackers already...

    Apple did not disclose whether it had information regarding the extent to which the issue has been exploited

    The technical description indicated that a hacker could use the flaw to take control of devices, accessing any of its data or capabilities