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 Arabia has recruited more than 75,000 overseas domestic workers in December 2021, a fifteen percent jump in the hiring,...

    New contracts for workers in domestic-facing roles exceeded 76,000 in December 2021, compared to 69,000 in November and 65,000 in October

    Bangladesh topped the list of countries of workers recruited into Saudi Arabia during the month of December with more than 12,000 contracts

  • ADNOC Distribution has reported that its EBITDA stood at AED 3.1 billion, with net profit of AED2.2 billion for 2021.

    For the fourth quarter of 2021, EBITDA was AED802 million, while net profit stood at AED571 million

    ADNOC Distribution saw quarter-on-quarter growth in total fuel volumes in 2021, with an increase of 4% in the fourth quarter compared to the third

  • DP World’s has announced ₤1 million investment to two Earthshot Prize Finalists, designed to scale their work in the UAE...

    The Innovation Showcase profiled the ground-breaking solutions from the 2021 Earthshot Prize finalists

    Prince William lauded the DP World's gesture during his visit to Middle East

  • Kuwait's Youth Authority on Saturday, February 12, launched the second edition of the ‘professional initiator’ program

    The program aims to diversify productivity, helping young citizens launch startups in the private sector

    It is also expected to provide more opportunities for medium and small enterprises at different levels

  • A total of 2,078 real-estate transactions worth AED6.6 billion ($1.8 billion) were conducted in Dubai during the week ending February...

    A total of 280 plots were sold for AED1.42 billion ($386.66 million), according to official data

    Meanwhile, 1,275 apartments and villas were sold for AED2.54 billion ($691.63 million)

  • The company posted an all-time-high annual revenue in 2021.

    IHC’s total revenue grew 303 percent in 2021 to AED 28.3 billion ($7.71 billion)

    This beat its previous year’s revenue record of AED 7 billion ($1.91 billion)

  • While initiatives like Made in Saudi Arabia are helping ramp up production, Saudi Exports is looking to rope in government...

    Saudi Arabia intends to increase the amount of non-oil exports from 16 percent to 50 percent of the total GDP

    The Made in Saudi Arabia program helps create a unified identity for exports and improve their reliability

  • The UAE and Israel signed a Memorandum of Understanding (MoU) to strengthen their tourism and economic cooperation and reinforce their...

    The two sides will intensify their technical cooperation in tourism education, vocational training, marketing and promotional activities.

    The trade between the two countries grew to $700 million within one year of signing Abraham accords.

  • DWC Airport in Dubai will host the MEBAA Show, a business aviation platform, from 6-8 December 2022. The event will...

    The event will showcase the latest trends, insights, innovation and commercial opportunities shaping the future of business aviation.

    Providing a platform for the entire business aviation community, the MEBAA Show will convene again to build partnerships.

  • This includes a 48.28% growth in passenger volume, with the total number reaching 88,000.

    The total food shipments amounted to more than 2 million in January, representing an increase of 2.06 percent compared to last year.

    The statistical figures for January 2022 issued by MAWANI also showed an increase in other operational indicators of Saudi ports.