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.
  • Abu Dhabi Securities Exchange (ADX) and nine ADX-listed companies will meet major institutional investors in London on June 9 and...

    The delegation includes over 25 CEOs, CFOs and senior executives from ADNOC Distribution, ADNOC Drilling, Abu Dhabi Islamic Bank, Agthia and others.

    ADX said it will showcase its progress in its strategy to significantly increase liquidity and market capitalization.

  • Asian markets were mixed Monday following a steep drop on Wall Street in response to a forecast-topping US jobs report...

    Hong Kong, Tokyo, Shanghai and Taipei all rose, but there were losses in Sydney, Singapore, Manila and Jakarta

    US traders took flight after the closely watched non-farm payroll figures Friday, which showed more new posts created than expected

  • Some commercial marinas in Saudi Arabia would be allowed to issue yacht sailing permits which would help develop cruises in...

    Yacht sailing permits would help in developing and facilitating cruises in the Kingdom’s territorial waters

    The initiative would ensure support for tourism development and enhance employment in the sector

  • Spain’s experience and expertise in tourism has already helped Saudi Arabia and more Spanish businesses will hopefully join the leading...

    Saudi Ministry of Investment of Saudi Arabia (MISA) on Sunday hosted a Spanish investment forum.

    The forum took place on the sidelines of the 116th session of the United Nations World Tourism Organization in Jeddah.

  • The study stresses the need for digitally delivered financial inclusion; and for using this as a platform to distribute health...

    A Mastercard study stresses the need for digitally delivered financial inclusion; and for using this as a platform to distribute health and education services to the masses

    Mastercard, the study reveals, has brought 500 million excluded individuals into the digital economy in 2020 and will include 500 million more by 2025

  • The inclusion will come into effect on June 20

    FTSE GEIS is part of the FTSE Russell, a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide

    It also provides a robust global equity index framework and includes over 16,000 large, mid, small and micro-cap securities across 48 developed and emerging markets globally

  • Masdar has signed an agreement with Azerbaijan to develop clean and renewable energy projects in the country with a combined...

    As per the agreement, 4,000 MW will be generated in the first phase, while the second phase will generate 6,000 MW

    Masdar will develop solar projects with a capacity of 1,000 MW and 1,000 MW of onshore wind

  • Australia's federal court ordered Google on Monday to pay more than $500,000 in damages to a politician after finding he...

    While Google, which owns YouTube, had initially defended the case, the search giant eventually abandoned its defences

    Justice Steven Rares found Google liable for the harm caused to Barilaro from December 2020 and ordered it to pay aggravated damages

  • Emirates Development Bank (EDB) will participate in Bonds, Loans & Sukuk Middle East, the region’s largest gathering for the corporate...

    EDB will use the platform to engage with stakeholders in the investment and development community

    The bank is the first federal entity to be issued ratings by S&P and Fitch

  • The volatility in oil prices will affect the markets. If there is a higher-than-expected decline, the markets may feel the...

    The volatility in oil prices will affect the markets. If there is a higher-than-expected decline, the markets may feel the heat, Junaid Ansari of Kamco Invest tells TRENDS.

    Higher interest rates are expected to benefit banks in the region that account for the second-biggest sector in the region by market cap