INSEAD Day 4 - 728x90

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.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.
  • The meeting was held on the sidelines of the official visit of Turkish President to the UAE.

    The currency swap agreement was signed in January 2022, which promotes the financial, commercial and investment interests of the two countries.

    Senior officials from both the central banks were present in the meeting which was held in Abu Dhabi.

  • A sizable number of Saudis look positively at jobs in the tourism sector, according to a study by the kingdom's...

    Overall, 80 percent of respondents felt that there were plenty of opportunities for career learning, while 75 percent felt careers in tourism will provide long-term stability.

    The regions with the highest interest in careers in tourism include Tabuk (91 percent), Hail (86 percent), Asir (85 percent), Riyadh (82 percent) and Al Jouf (83 percent).

  • The Egyptian football club Ghazl El Mahalla has put off its listing on the stock exchange to April. The listing...

    The prospectus, according to Mohamed Maher, from investment bank Prime Holding, for the initial public offering on the Egyptian bourse will be completed within days

    The sporting club had earlier closed a private placement of 37 million pounds ahead of the public offering

  • India has unveiled the first part of a drive to attempt to turn the world's third-largest emitter of greenhouse gases...

    Green hydrogen is produced using non-fossil fuel power to then be utilized in carbon-heavy industrial processes like making steel and concrete, and for transportation

    The country aims to produce five million tonnes of green hydrogen annually by 2030

  • A total of 2,098 real estate transactions worth AED4.5 billion ($1.22 billion) were conducted during the week ending 18 February...

    A total of 252 plots were sold for AED1.1 billion, 1,437 apartments and villas were sold for AED2.47 billion.

    Among the top three transactions was a plot of land in Palm Jumeirah that sold for AED60 million.

  • Six African countries have been chosen to establish their own mRNA vaccine production, the World Health Organization said Friday, with...

    Egypt, Kenya, Nigeria, Senegal, South Africa and Tunisia were selected as the first recipients of technology from the WHO's global mRNA vaccine hub

    The WHO set up a global mRNA technology transfer hub in South Africa last year to support manufacturers in low- and middle-income countries to produce their own vaccines

  • The company nearly doubled its brokerage revenues in 2021.

    The company attracted 1,500 new accounts over the past year compared to 1,060 in 2020.

    BHM said it allocated a total income during 2021 of AED 65.4 million compared to about AED 41 million last year with a growth rate of 60 percent.

  • Saudi Parts Center Co. will begin trading on Nomu, the Saudi stock exchange's parallel market, on Monday, according to a...

    The Riyadh-based company received the Saudi stock market regulator’s approval for listing last year, in late December

    Established in 1988, Saudi Parts Center is an affiliate of AlKhorayef Group, operating under the machinery systems division

  • The two lifelong friends from Florida never sought the limelight, but then they built a multi-million-dollar empire selling digital art...

    Under the pseudonyms "Gargamel" and "Gordon Goner", they created the "Bored Ape Yacht Club", a collection of 10,000 cartoons of apes with various hairstyles and outfits

    The story has refocused attention on anonymity in the world of cryptocurrencies

  • The move is said to be conducive to strengthening the regulatory environment of the cooperatives sector and driving their economic...

    The development is apparently the first of its kind in the region

    It is aimed at growing the cooperative sector’s contributions to the economy