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.

  • The profit jumped to US$41.40m in 2023.

    Its earnings per share for the year ending December 31, 2023 stood at QR0.30, up from QR0.21 for the same period in the previous year

    The board of directors announced its intention to propose a cash dividend distribution to the General Assembly in the upcoming meeting

  • The company's revenue spiked to US$22.1bn.

    The chip titan posted profit of $12.3 billion on record revenue of $22.1 billion in the quarter than ended late January

    Its shares jumped nearly eight percent to $732.99 in after-market trade, following the release of the earnings results

  • It will collaborate with Abu Dhabi Investment Office.

    The move is indicative of deepening economic ties between South Korea and Abu Dhabi with a focus on innovation and technology

    The company's headquarters in Abu Dhabi Global Market (ADGM) will drive the next phase of its international growth out of Abu Dhabi

  • Operating profit for 2023 was recorded at US$59 million.

    Total operating revenues of US$99 million were recorded for 2023.

    Consolidated assets came in at approximately US$386 million in 2023.

  • Stock markets diverged as traders awaited earnings from US tech darling Nvidia, in addition to minutes from the Federal Reserve...

    In the eurozone, the Frankfurt and Paris stock markets edged higher in afternoon deals.

    Hong Kong and Shanghai bourses jumped after Beijing's latest measures to boost China's stuttering economy.

  • The company said lower energy prices cut into its profits.

    Gross operating profit fell 50 percent to $17.l billion, "primarily reflecting the rebalancing and normalization of international energy trade flows," it said

    The commodities trading unit saw operating profit fall 46% to $3.5 billion, "with coal and LNG (liquefied natural gas), and to a lesser extent, oil prices materially declining"

  • DUBAI, UAE – President and CEO of Dubai Chambers Mohammad Ali Rashed Lootah has revealed that 6,478 new Food and...

    The total number of F&B companies registered with Dubai Chamber of Commerce stood at 22,585 at the end of 2023.

    Dubai Chamber of Commerce launched 11 business groups dedicated to the industry, eight of which were set up in 2023.

  • e& said the net profit is a growth of 3 percent year-over-year.

    Consolidated revenues reached US$14.6 billion which is a growth of 8.3 percent year-over-year.

    Consolidated EBITDA rose by 3.7 percent year-over-year at constant exchange rates, to US$7.1 billion.

  • The report stresses the urgent need for MENA news organizations to overhaul business models, adopt digital strategies, and diversify content...

    The analysis also forecasts a compound annual growth rate (CAGR) of -4% up to 2027, which could cause total MENA revenues to fall even further to US$1.2 billion

    The figures also show that while digital advertising revenues are slowly increasing at a rate of 1% per year, print advertising revenues are set to slump by 11.3% by 2027

  • The bank would initiate a share buyback of up to US$2 billion.

    HSBC reported pre-tax profits of $30.3 billion, up from $17.1 billion the year before, in a statement to the Hong Kong stock exchange

    The bank said the profits included a "favorable year-on-year impact" of $2.5 billion due to the sale of its French retail banking operations