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.
  • A green hydrogen-based ammonia production facility will be built in Oman.

    The Joint Development Agreement signing follows a memorandum of understanding signed in December 2021.

    The firms said in a statement that the project would be based on integration of renewable power from solar, wind and storage.

  • Occupancy of its portfolio up 80 percent in the year ending 31 March 2022.

    The firm's property portfolio value stood at $356 million, down 1.1 percent year-on-year whilst Net Asset Value was $167 million.

    The firm has proposed a final dividend of $5 million or $0.02 per share for the six-month period ending 31st March 2022, a 13.6 percent increase from the same period of 2021.

  • Dubai real estate market recorded 445 sales transactions worth AED 1.06 billion and 76 mortgage deals of AED 1.09 billion...

    On Wednesday, real estate market recorded 445 sales transactions worth AED 1.06 billion and 76 mortgage deals of AED 1.09 billion.

    In April, the market recorded 6,983 sales transactions, an increase of 45.5 percent over April 2021.

  • Emirates Transport (ET) and China's NEV Investment LLC have teamed up to develop New Energy Vehicle Project in the UAE.

    The joint venture represents a milestone in the efforts aimed at accelerating the New Energy Vehicles Project in the UAE

    EVIS is considered a launchpad for NEV Investment and potential Chinese New Energy Vehicles which can be introduced to the UAE

  • Astronauts living aboard the station opened the hatch and "greeted" the capsule's passengers: Rosie the Rocketeer, a mannequin equipped with...

    The gumdrop-shaped spaceship landed in a puff of sand at 4:49 pm local time (2249 GMT) in the New Mexico desert

    Orbital Flight Test-2 (OFT-2) was the last hurdle for Starliner to clear before it carries humans in another test flight due to take place by the end of this year

  • Iraqi aviation authorities have been left red-faced after a 10-year-old boy on his own boarded an Iran-bound plane from a...

    The international airport in Najaf, south of Baghdad, said Wednesday it would review security after the boy passed under the radar of seven checks

    Iraq’s civil aviation authority said a private firm had since 2019 been in charge of security at Najaf airport, which receives hundreds of thousands of pilgrims a year

  • Greece will send Iranian oil from a seized Russian-flagged tanker to the United States at the request of the US...

    Authorities that seized oil didn't provide any details about how it would be transferred to the US

    Tehran protested against Greece and called it "international robbery"

  • Elon Musk notified US regulators on Wednesday that he will rely less on loans in his bid to buy Twitter,...

    The Tesla chief said in a filing with the US Securities and Exchange Commission that he would seek $13 billion in loans for the Twitter buy

    Analysts were concerned about Musk using billions of dollars worth of his Tesla shares to back loans

  • Tokyo stocks opened higher on Thursday following gains on Wall Street, despite ongoing worries over inflationary pressure due to the...

    The benchmark Nikkei 225 index added 0.14 percent or 36.94 points to 26,714.74, while the broader Topix index rose 0.45 percent, or 8.43 points, to 1,885.01

    Market players are now eyeing the release of US GDP data later in the day, said Stephen Innes of SPI Asset Management

  • Gold consumption in the GCC region reached 47 tons in the first quarter of 2022, up 18 percent from the...

    Gold consumption in the GCC region reached 47 tons in Q1 2022, up 18 percent from the prior year

    UAE consumption reached 12.50 tons in Q1 2022, an increase of 50 percent from the previous year