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.
  • Under the $125.23m contracts, a residential district will be built at Masaar.

    Valued at AED228 million, the contract to build 142 villas in the Sendian district of Masaar was won by Kuwait's Al-Kharafi.

    The second contract worth AED232m to build the remaining 288 homes in Sendian was awarded to Intermass, a Sharjah-based contractor.

  • Mubadala Investment Company and ENGIE signed an agreement to explore the development of a digital platform for charging electric vehicles...

    The two companies will work on a joint solution for the installation and operation of charging infrastructure for Electric vehicles (EVs) in UAE.

    EVs are important in supporting decarbonizing the mobility sector as transport sector is known to be a contributor in global carbon footprint.

  • The rise is also attributed to the popularity of the Switch.

    The company, which has benefited from a string of popular titles including "Pokemon Legends: Arceus", posted a 2021-22 net profit of 477.7 billion yen.

    Uncertainties linked to the global chip shortage and potential production and transport delays caused by Covid-19 lockdowns could hit future profits.

  • IPL teams receive a share of television rights, around 15 percent of ticket sales and sponsorship money as well. They...

    IPL expanded to 10 teams this year from the original eight. Lucknow Super Giants and Gujarat Titans are the new franchises

    Disney paid $2.55 billion for a five-year television and digital rights deal to broadcast IPL tournaments on Star India

  • The firm said the impact of Emirates Steel and Arkan merger was positive.

    The company announced revenues of AED2.04 billion for the first quarter of 2022, compared to AED233.5 million in 2021.

    It said the net profit was boosted by enhanced operational performance and higher sales volumes.

  • The embargo on Russian oil, which is part of a sixth package of EU sanctions under discussion, is being resisted...

    New discussions on the Russian oil embargo are expected to be held between European leaders by telephone on Tuesday

    It will involve French President Emmanuel Macron, EU Commission President Ursula von der Leyen, and Hungary's Prime Minister Viktor Orban

  • However, net profit dipped 14% from the last year's record high.

    A lockdown-fueled gaming boom has slowed down, but Sony has seen success in other sectors

    Spider-Man: No Way Home has overtaken Avatar as North America's third-highest-grossing film

  • The company’s net revenues are up 58% year-on-year.

    Net profit increased to AED 82 million, growing at a higher rate vs revenue and supported by the consolidation of margin accretive acquisitions in 2021

    Strong start to 2022 builds on successful first year of Agthia’s five-year growth strategy

  • In many industries, working from home is the way of the future and a better working and mental lifestyle, Quartz...

    People tense or stressed at work are more than three times likely to plan to look for a new job

    In contrast, employees who feel supported are more likely to stay, lowering turnover costs

  • Saudi Space Commission Board of Directors Chairman Abdullah Amer Alswaha is on a tour of the US to develop the...

    The two countries discussed opportunities for strategic cooperation to develop the space sector

    They also mulled investment in future joint projects to achieve mutual economic and strategic goals