INSEAD Day 4 - 728x90

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.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.
  • Iraq's oil wealth is rekindling tensions between federal authorities and the autonomous Kurdish region, in a row that could compromise...

    Iraq sits on enormous oil reserves, and revenues from the sector feed 90 percent of the federal government budget

    It exports an average of 3.3 million barrels of crude oil per day (bpd), while production in Kurdistan amounts to just over 450,000 bpd

  • The profit declined to $114m with its stock sliding too.

    Consequently, its shares fell 2.78 percent to $39 on Sunday

    This decline was caused by a 5.5 percent drop in sales compared to the same period last year along with higher marketing and sales expenses

  • IPP model enabled DEWA to save an additional investment of AED 26 billion, which it invested in other infrastructure projects.

    IPP model enabled DEWA to save an additional investment of AED 26 billion, which it invested in other infrastructure projects

    DEWA has developed a new benchmark for solar energy prices for every kilowatt hour, thus making Dubai a global benchmark for solar energy prices

  • The Kingdom is stepping forward and allowing the private firms to invest in healthcare infrastructure, Sandeep Sinha, Head of Healthcare...

    The Kingdom is seeing a rise in private investment in the industry with multiple forthcoming healthcare PPP projects

    Improving access to quality healthcare and building a world-class infrastructure are crucial pillars of Saudi Arabia's Vision 2030

  • An agreement between Dubai Land Department and Emirates NBD eliminates the need for manually managing postdated cheques submitted to landlords.

    Dubai has one of world’s most competitive real estate markets. Rents have increased dramatically in the emirate: In May, the average monthly apartment rent was $7,500.

    Real estate is an important part of the UAE’s economy, responsible for around 5 percent of the gross domestic product.

  • Dubai has retained its top rank worldwide for attracting foreign direct investment (FDI) into tourism in 2021. With AED6.4 billion...

    With $1.74 bn in FDI across 30 FDI projects during the year, Dubai ranked number one in FDI capital, projects, and job creation in the tourism sector.

    Dubai welcomed 7.28 million international overnight visitors in 2021, representing a 32 percent year-over-year growth.

  • Iraqi Prime Minister Mustafa Al-Kadhimi said the Middle East has been affected by climate change, water crisis, dangers of desertification,...

    The Middle East has been affected by climate change, water crisis, dangers of desertification and COVID-19 pandemic.

    Iraqi Prime Minister Mustafa Al-Kadhimi has called for joint efforts to confront the issues facing the region

  • Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih said that the Saudi-US and GCC-US summits, in the presence of...

    Jeddah Summit strengthens solid relations and strategic partnership between the US and GCC countries

    Economic relations between the US and the Kingdom are nearly 90 years old, says Saudi minister

  • A total of 747 real estate sales in 106 areas valued at $517 million were recorded in Sharjah in the...

    The total number of real estate transactions was 2,521, including 358 mortgage transactions worth AED 764 million (14.2 percent).

    The June real estate transactions in the emirate covered more than 6 million square feet and included residential, commercial, industrial, and agricultural lands.

  • Abu Dhabi and Dubai stock markets climbed up, while the Saudi index tanked down by more than 1.1 percent this...

    The Saudi TASI index ended trading on Wednesday, July 13, 2022, in the red zone, to close down 127 points, or 1.1 percent, to close at the level of 11,290 points

    The general index of the Abu Dhabi Securities Exchange ended trading on Tuesday, July 12, 2022, increasing by 0.1 percent to 9,171 points