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.
  • 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

  • The entire amount resulted from a total of a combined 14,958 sales and mortgage transactions.

    Yas Island is said to have topped the list of best performing areas, with real-estate deals worth AED4.1 billion ($1.12 billion)

    Reem Islands comes second with AED3.2 billion ($871.34 million), and Saadiyat was third with AED2.5 billion ($680.74 million)

  • The UNCTAD’s Global Trade Update said all major trading economies saw imports and exports rise above pre-pandemic levels in the...

    The global trade volume in the year gone by was an increase of 25 percent on 2020

    It was also 13 percent higher compared to 2019, before the Covid-19 pandemic struck

  • Governments across the world pay an estimated $640 billion in support to the fossil fuel industry.

    Agriculture gets $520 billion in subsidies, which lead to soil erosion, water pollution, deforestation, emissions, and loss of biodiversity

    Another $350 billion in subsidies for the water industry is said to help fund water pollution and risk ocean and waterway ecosystems

  • The industry, stabilized significantly with experienced surgeons and the availability of good facilities, woo a sizable number of foreign clients...

    The prices in well-equipped clinics and hospitals in the UAE are at the same level as in other countries, said Dr Timm Wolter, a plastic surgeon at the Nova Clinic, Dubai.

    Body contouring, liposuction, and fat transfer have been trending for some time now in the emirates.

  • Saudi Ceramics has posted a threefold jump in net profit to $62 million on the back of better profit margins.

    The Riyadh-based firm made SR233 million ($62 million) in profit, compared to SR77.7 million ($20.7 million) last year

    The strong results were fueled by improved profit margins due to increased prices and lower cost of goods sold

  • G42 Cloud, a subsidiary of G42, the UAE-based AI and cloud computing company, and Serbia signed a Memorandum of Understanding...

    The new agreement will see both parties progress the joint development of Artificial Intelligence (AI) and cloud computing solutions across sectors

    The signing ceremony took place at Expo 2020 Dubai at the Investment Conference held in conjunction with the Statehood Day of Serbia

  • Owners of the Starbucks franchise value the business at $15 bn.

    Abu Dhabi’s ADQ and Mubadala Investment Co. also submitted separate non-binding offers to buy 30 percent stake.

    Brookfield Asset Management Inc., CVC Capital Partners also have shown interest in buying the shares of Starbucks.