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.
  • Jordan’s Deputy Prime Minister Ayman Safadi and US Secretary of State Antony Blinken discussed the new MoU for the strategic...

    A new MoU between the two countries frames the US aid for Jordan, replacing the current memorandum, which expires in September 2022

    According to the current MoU, the US has provided Jordan with annual support over the past four years, which amounted to 1.65 billion in 2021

  • Marta Ortega on Friday took the reins of Zara-owner Inditex.

    Worth some €62 billion, Zara-parent Inditex nearly tripled its profits last year to €3.2 billion

    However, its outlook for 2022 has been overshadowed by Russia's invasion of Ukraine

  • UAE-Colombia non-oil trade was valued at AED991 million ($269.84 million) last year. Under the partnership, this figure could increase threefold...

    The agreement is expected to help strengthen trade and investment relations between the two countries

    The UAE’s Ministry of Economy has said it is continuing joint efforts to reach a final draft of the agreement

  • The company’s revenue rose to AED 3.9 billion.

    AD Ports Group has evolved into a vertically integrated ecosystem of businesses that include Economic Cities & Free Zones, Ports, Logistics, Maritime, and Digital services

    As a strategic gateway to Abu Dhabi, AD Ports Group generated 21 percent of all non-oil related GDP in the Emirate, according to Oxford Economics

  • GCC countries have a highly dynamic environment characterized by growing populations, a broad diversity of patient demands and increasing healthcare...

    The number of drug factories in the UAE has risen from four in 2010 to 23 in 2021, while its drug market is expected to grow up to $4.7 bn in 2025.

    More than $400m worth of Saudi pharmaceuticals are exported each year. The kingdom aims to double the percentage of local pharma manufacturers.

  • ENOWA, the energy, water and hydrogen subsidiary of NEOM, has established the region's first Hydrogen and Innovation Development Center (HIDC)....

    The Hydrogen and Innovation Development Center will be a testing ground for new technologies in the clean energy industry.

    The Center will also be a collaborative learning community for research institutions focused on hydrogen and the circular carbon economy.

  • Israel described as "historic" the deal abolishing customs duties on "95 percent of the products" exchanged between the Jewish state...

    Talks for a free trade agreement were concluded Friday after four rounds of negotiations, including last month in Egypt between Israeli PM and Abu Dhabi Crown Prince.

    The deal was now "ready for signature", the UAE's Minister of State for Foreign Trade Thani al-Zeyoudi said.

  • ADQ, Abu Dhabi wealth fund, will buy a majority stake in Unifrutti Group, a fruit and vegetable producer, marketer, and...

    The acquisition is designed to secure food supply amid pandemic and geopolitical tensions

    The investment will help the group expand its footprint globally, along with enhancing food security in the UAE

  • Iran criticized the United States for imposing new sanctions on the Islamic republic, saying it shows the Americans harbor bad...

    The US Treasury announced on Wednesday the measures targeting several entities it accused of involvement in procuring supplies for Iran's ballistic missile program

    The Islamic Revolutionary Guard Corps (IRGC) meanwhile said Iran's "missile prowess" and regional influence are "red lines" ,according to a statement posted on its website

  • The two sides discussed co-financing solutions for Korean organisations seeking to import goods and services from the UAE.

    The two sides discussed co-financing solutions for Korean organisations seeking to import goods and services from the UAE

    ADEX was established by Abu Dhabi Fund for Development (ADFD), to drive diversification and growth of the UAE export economy