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.
  • Turkey wants joint cooperation with Iraq regarding the exchange of products, its Minister of Agriculture and Forestry Bekir Pakdemirli said....

    Tuekey suffers from lack of water, climate change and migration for several reasons, including wars and clashes

    Turkish minister discussed with the Iraqi Minister of Agriculture, cooperation in the agricultural field

  • The debt deferral agreement has been signed in line with the G20 initiative of 2020 led by Saudi Arabia which...

    Saudi Fund for Development has signed agreement to postpone the debt owed for development projects in Cameroon

    The agreement signed between two party reschedules debt on Cameroon over a period of 6 years

  • The company's profit in 2020 was $16.20 million.

    The Board of Directors decided to recommend to the General Assembly to distribute a 30 percent cash dividend of the par value of a share.

    It is equivalent to QAR 0.30 per share, representing a payout ratio of 47 percent of 2021 net profit.

  • The company's revenue rose 30 percent to $452 million in 2021.

    The company revealed the profit in Preliminary Unaudited Financial Results for the full year ended 31st December 2021

    Revenue increased 30 percent to $452 million in 2021 compared to $349 million in 2020 due to higher oil prices

  • The UAE’s Ministry of Industry and Advanced Technology (MoIAT) and Spain’s Ministry of Industry, Trade and Tourism (MITT) signed a...

    The UAE’s Ministry of Industry and Advanced Technology (MoIAT) and Spain’s Ministry of Industry, Trade and Tourism (MITT) sign an MoU.

    Other areas of collaboration include automotive, health and life sciences and standards and regulations.

  • French giant TotalEnergies signed a $27-billion contract to invest in oil, gas and solar production in Iraq Sunday, as the...

    Oil minister Ihsan Ismail said this is the largest investment in Iraq by a western company.

    Despite being the number two producer in the OPEC, Iraq is experiencing an acute energy crisis and chronic blackouts that fuel social discontent.

  • The bank's assets reach a record AED114 billion: CEO

    The CEO attributed the net profit to improved net interest income, stable non-funded income and lower expected credit losses.

    Operating income for the full year of 2021 amounted to AED3.18 billion, an increase of 6.9 percent, attributable to higher Net Interest Income.

  • According to a JBA statement it has helped promote joint investments and increase the volume of Jordan-Tunisia trade exchange.

    According to a JBA statement it has helped promote joint investments and increase the volume of Jordan-Tunisia trade exchange

    The two sides discussed joint cooperation in the sectors of garment, textiles, banking, contracting, traditional industries, transport, shipping, and pharmaceutical industries.

  • Disney saw streaming subscriptions pick up pace as pandemic restrictions ease, while Netflix saw them slow.

    Disney+ saw its big studio muscle help it reach 129.8 million subscribers worldwide, some 5 million more than predicted

    Netflix ended the year with 221.8 million subscribers, a massive number, but it announced slowing growth

  • Sales rose by 15.3% from last year to $36.9 bn.

    Sales rose by 15.3 percent from last year to 32.3 billion euros ($36.9 billion), marginally above the analyst consensus figures compiled by Bloomberg and Factset

    net profits hit 4.6 billion euros, up by more than a quarter from 3.6 billion in 2020 and 3.75 billion in 2019