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.
  • Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets with investors...

    Bitcoin's value has more than halved since a November surge that saw the token hit a record of nearly $69,000

    Traditional investors have been offloading bitcoin and other digital tokens along with other volatile assets like tech stocks

  • The Chairman of Dubai World Sheikh Ahmed bin Saeed Al Maktoum, inaugurated the 29th edition of the Middle East’s largest...

    ATM 2022 is part of Arabian Travel Week, a 10-day festival of travel and tourism events taking place in Dubai

    It provides a vital platform for tourism and travel industry leaders in the Middle East

  • The UN will ask for $80 million in donations in order to remove nearly a million barrels of oil on...

    UN-backed engineers have been prevented from inspecting the 45-year-old ship by the Iran-backed Houthis

    A new scheme devised by UN Humanitarian Coordinator for Yemen David Gressly will see the UN attempt to raise $80 million from donors at a conference

  • World stock markets mostly sank Monday on stubborn fears over the impact of rising US interest rates, surging inflation and...

    Frankfurt, London and Paris each shed more than one percent nearing the half-way stage after Tokyo closed down 2.5 percent

    Oil prices lost two percent on demand worries and the haven dollar rose, while bitcoin plunged to a 2022 low below $34,000

  • Oil prices continue to spike, beefing up energy companies.

    The stock price slightly retreated to SR45.8 later in the day at 12:07 p.m. Saudi time.

    Saudi Aramco now holds the second largest market valuation globally of SR9.15 trillion.

  • The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) will announce its summer campaign at Arabian Travel...

    Located in Hall 2 at Dubai World Trade Centre, Visit Abu Dhabi will take guests on journey of the top sites and attractions in the capital.

    Visitors will be treated to live performances from the City of Music, the creative craftsmanship of Emirati artisans at the House of Artisans zone.

  • Ayman Aboabah was appointed after the airport witnessed chaos.

    Aboabah has 28 years of experience, where he had held several leadership positions including the vice president for operations at Riyadh Airports Co.

    Several clips featuring the chaotic situation have gone viral on the internet, with people questioning why su.ch a situation happened at the newly built $9.6 bn airport.

  • Inflation spawns numerous hurdles as GCC business leaders struggle to find a way to surmount the difficulties aggravated by geopolitical...

    Abudawood remarked that the ongoing supply chain issues would definitely impact expenses and consumer pricing

    According to IMF Middle East and Central Asia Director Jihad Azour inflation averaged 14.8 percent in 2021 and is expected to remain at 13.9 percent this year

  • The UAE eyes around 20 unicorns, the start-ups valued at $1 billion-plus each, by 2031. These high-value startups will be...

    Dubai has set up a $100 million venture capital fund in order to provide financial support to fintech startup companies.

    Startups affiliated with Hub71, Abu Dhabi’s global tech ecosystem, have bagged AED1.5 billion in investments since its inception in 2019 and created about 1,000 jobs.

  • The emirate attracted 418 greenfield FDI projects, Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said....

    Both FDI projects and FDI job creation witnessed a significant increase of 36 per cent in 2021, with an estimated 24,868 jobs in 2021, compared to 18,325 jobs in 2020.

    The United Kingdom was the biggest source of FDI, accounting for 27 percent of total share of the FDI capital, followed by the US, France and Germany.