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.
  • AJMAN, UAE – Director-General of Ajman’s Department of Land and Real Estate Regulation Eng. Omar bin Omair Al Muhairi said...

    A total of 129 real estate valuation transactions took place in the emirate in February.

    There was a rise of 44.7 percent in commercial property value in February compared to January.

  • It will pay $800 million upfront for the Lyon-based company.

    The London-listed group added that the transaction would bolster its rare diseases division Alexion.

    AstraZeneca's share price was up 0.1 percent in early morning London trading following the news.

  • Rising fuel needs of ships rerouted away from the Red Sea also to increase demand, the International Energy Agency said....

    The IEA said world oil demand growth is now forecast to increase by 1.3 million barrels per day (bpd) this year, 110,000 bpd higher than in its previous monthly market report.

    Global demand is also driven by the "comparatively buoyant economy" of the US where oil consumption is gaining momentum on rising petrochemical operations, it said.

  • The company's revenue grew 6.6 percent to $18.25 billion.

    DP World logged a 13 percent decarbonization in Scope 1 and Scope 2 carbon emissions.

    The cash generated from the company's operating activities rose to $4.5 billion in 2023.

  • ABU DHABI, UAE – The United Arab Emirates and Hungary have signed an economic cooperation agreement aimed at stimulating trade...

    The UAE-Hungary economic cooperation agreement aims to deepen bilateral ties between the two nations and drive growth.

    The agreement between the two countries also aims to boost non-oil trade, which has seen a significant increase in recent years.

  • Its net profit for October-December rose to US$1.6bn.

    The company said net profit for October-December rose to Tw$53.1 billion (US$1.6 billion)

    The strong figures follow better-than-expected profits in its third quarter thanks to rising demand

  • Prisa Media chief executive Carlos Nunez called the OpenAI alliance a "step toward the future of news" where technology and...

    OpenAI will be able to use content from Le Monde and Prisa Media publications including El Pais, Cinco Dias, and El Huffpost to train the models powering its AI

    In the coming months, ChatGPT users will be able to get summaries of news content from the publishers along with links to original articles, according to OpenAI

  • Abu Dhabi, UAE--ADNEC Group has announced the launch of the region's first Bitcoin MENA Conference 2024 set to take place...

    The even will be co-organised by Capital Events and BTC Inc., the parent company of Bitcoin Magazine and the Bitcoin 2024 conference

    The hosting of the conference marks a significant milestone in the world's largest Bitcoin conference’s expansion into the MENA region

  • The ongoing fasting month brings traditional practices and modern shopping habits together, impacting market trends significantly in the Gulf region.

    The ongoing fasting month brings traditional practices and modern shopping habits together, impacting market trends significantly in the Gulf region.

    From altered shopping hours to a rise in e-commerce and spending on traditional foods and gifts, Ramadan shapes retail landscape in unique ways.

  • Inditex, the world's biggest fashion retailer, is owned by Zara.

    The net profit of Inditex reached 5.4 billion euros ($5.9 billion) last year, up 30 percent from 4.1 billion euros in 2022

    The figure was in line with the expectations of analysts polled by financial data firm FactSet, who predicted profits of 5.36 billion euros