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.
  • Expansion into 10 new countries MENA countries strong driver for growth.

    The UAE saw a 41 percent increase across all brands from the same period last year, with Jeep increasing sales from 25 percent and PEUGEOT increasing by 70 percent.

     Saudi Arabia witnessed a 36 percent growth across all Stellantis products with PEUGEOT being the automaker’s highest performing brand with a 222 percent  growth.

  • The company's listing will be the biggest since Aramco.

    With an offer price of SR131 ($35), Nahdi had raised $1.36 billion from its initial public offering, slightly higher than the $1.2 billion sold by ACWA Power a year earlier

    The Jeddah-based pharma retailer currently operates over 1,150 pharmacies across the Kingdom and a rising number in the UAE

  • The production started by Abu Dhabi-based Mubadala Petroleum.

    Pegaga will be a key producing field supplying gas to PETRONAS LNG Complex, in Bintulu, Sarawak, Malaysia.

    Mubadala Petroleum has been present in Malaysia since 2010 and is the Operator of Block SK 320 with a 55 percent stake.

  • The Abu Dhabi Securities Exchange (ADX) has decided to embrace FTSE Russell’s Industry Classification Benchmark (ICB) for all its listed...

    The introduction of the ICB is part of the transition of ADX indices to the co-branded FTSE ADX index series, under the strategic partnership between FTSE Russell and ADX

    The partnership between FTSE Russell and ADX is aimed to develop co-branded indexes and will support the recent launch of ADX’s derivatives market

  • Licensed companies and small and medium enterprises (SMEs) accounted for 51 per cent of Ajman Free Zone’s total procurement of...

    Ajman Free Zone covered 27 per cent of the total purchases and contracts of SMEs alone during the same year.

    The Free Zone's procurement policy benefits investors and business owners from more than 165 countries, said Sheikh Ahmed bin Humaid Al Nuaimi, Chairman of AFZ Board.

  • The projects will be set up in the Mazaya warehouses.

    The first agreement is on the establishment of a complex for the trade of plastic products

    The second agreement is to establish a complex to assemble communications equipment

  • "As part of the Steel Week, one-to-one meetings were held with leading players in steel production and logistics industries based...

    "One-to-one meetings were held with leading players in steel production and logistics industries based in the UAE," the Indian Ministry of Steel said in a statement

    The Indian government has recently launched a flagship scheme for specialty steel called Production-Linked Incentive

  • ChequeScore is an app released by the UAE government-owned Al Etihad Credit Bureau, and can predict the possibility of a...

    The UAE issued 21 million cheques in 2021, with an average value of $13,900

    Despite the recent decriminalization of cheque bounces, UAE businesses must still consider the risks connected with them

  • Evergrande and all its units halted trading in Hong Kong on Monday.

    On Monday, the company announced that trading would be ‘halted’, bit did not give a reason

    Shares of Evergrande Property Services Group and China Evergrande New Energy Vehicle Group were suspended

  • Zain Saudi Arabia launched the largest 5G network in the region.

    The two entities will also work together to define autonomous driving network-level criteria and explore new use cases.

    Zain Kuwait’s 5G data traffic already accounts for 46 percent of its total wireless traffic.