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 Saudi Central Bank (SAMA) said a study revealed that electronic payments increased from 44 percent in 2019 to 62...

    The Saudi Central Bank said a study revealed that electronic payments increased from 44 percent in 2019 to 62 percent by volume in 2021

    In the business sector, the share of electronic payments reached a substantial 84 percent of all payments in 2021

  • The year-on-year growth in net profit was 59 percent.

    Capex reached AED 1.6 billion, in line with the Group’s capital investment plans to spend more than AED 15 billion across all clusters over the 2022-26 period, the statement said.

    Container volumes grew by 30 percent YoY while Ro-Ro and cruise passenger volumes continued their healthy recovery post COVID-19 disruptions.

  • The jump in profit was driven by growth in sales of dairy.

    There was a 21 percent revenue increase due to a high growth in sales of dairy and food processing

    The company had posted losses of $2.9 million in the same period last year

  • Net income leapt 90% for the world's biggest oil producer, which clocked its second straight quarterly record after announcing $39.5bn...

    Aramco said its income rose 22.7 percent from Q1 in "strong market conditions"

    The quarterly profits, the highest since Aramco's IPO in late 2019, beat analyst forecasts of $46.2 billion

  • H1 2022 EBITDA up 66 percent $1.6 billion.

    Q2 EBITDA up 53 percent to reach $798 million compared to $523 million in the same period of 2021.

    Emaar’s international real estate operations recorded property sales of $661 million in H1 2022 and contributed revenue of AED2.068 billion ($563 million

  • The profit fell to $74 million in H1 in a year of record listings.

    It reported an 8.3 percent decline in revenue to $157 million, mainly due to the decrease in trading services and post-trade services

    Higher salaries and employee-related benefits further weighed on profit during the six-month period, leading to a rise of 9.8 percent in expenses to $80 million

  • The average natural gas consumption for Jordan's industries amounted to 24 million cubic feet (CF) per day during 2021, according...

    Gas production from Risha Field, eastern Jordan, reached about 6,510 million cubic feet during 2021 at a daily rate of 17.8 million cubic feet

    The capacity of Risha Field has been raised to about 32 million cubic feet per day, as Risha Wells 53, 51, 50 have entered production in 2021

  • A Jordanian-Moroccan hospitality and tourism training project will be launched in the Hashemite Kingdom as part of the strategic partnership...

    The Moroccan ambassador stressed on Jordan's pivotal role in joint Arab efforts and regional issues.

    The envoy stressed on the partnerships between Jordan and Morocco in tourism, agriculture, renewable energy

  • President of the Swiss Confederation Ignazio Cassis, has received a written message from President Sheikh Mohamed bin Zayed Al Nahyan...

    The UAE is keen on strengthening bilateral relations with Switzerland

    Sheikh Abdullah has delivered the written message of the UAE President to the Swiss President

  • Dubai Electricity and Water Authority (DEWA) smart services have helped customers raise the efficiency of their electricity and water consumption...

    The customers praised DEWA’s efforts to provide all means to promote a culture of sustainability and raise awareness about protection of natural resources

    They lauded the company's digital channels, including DEWA’s website and smart app, that help them to complete their transactions easily and smoothly