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.

  • Bloomberg's Auction System is a part of Bloomberg's enterprise solution for central banks and government financial agencies.

    The Saudi central bank has announced that it will use Bloomberg's Auction System from January

    It will use the system to conduct repo, reverse repo, and Open Market Operations with locally operating banks

  • The hike is due to pandemic-fueled supply-chain snarls.

    Ikea faced higher operating costs in North America and Europe

    It is now passing on that cost burden to its customers

  • AD Ports Group signed several partnerships to accelerate trade and the development of industry in the UAE and beyond, including...

    AD Ports Group closed 2021 with the signing of a number of strategic agreements with the Aqaba Development Corporation

    The Group received global interest in its issuance of a US$1 billion bond and subsequent listing on the ADX and the LSE

  • Renewable energy company Masdar will be developing Georgia's largest solar power plant, with a capacity of 100 megawatts (MW), jointly...

    The 100-megawatt plant will be built jointly with Georgian Energy Development Fund (GEDF).

    GEDF is a joint-stock company, founded by the Ministry of Economy and Sustainable Development, and wholly state-owned. Georgia.

  • AD Ports Group has signed an agreement with China-based Shandong Port Group, to establish a Tyre Hub at KIZAD for...

    China's Shandong Port Group and AD Ports Group sign an agreement to set up a hub at KIZAD for the storage and distribution of tires.

    AD Ports Group will provide space for an upcoming 150,000 sqm facility in KIZAD under its Industrial Cities and Free Zone Cluster.

  • M&As result in savings in manufacturing and service, increased competitiveness, and increased financial capabilities and efficiency, among other things.

    Agreements worth $11 billion were signed in the UAE in the first eight months of 2021

    M&A are considered a means of resolving crises and encouraging economic growth

  • Aviation giant Emirates said Thursday it expects business to grow next year despite the surge in global coronavirus cases fueled...

    The carrier said in November it was already on the path to recovery as six-month losses dropped by more than half from a year earlier.

    The carrier posted an April-September loss of $1.6 billion, compared with losses of $3.4 billion during the same period in 2020.

  • The repayment four years and seven years early totaled $361 million.

    The project finance facilities had been extended by 13 export credit agencies and banks for the development of the company’s Al Taweelah smelter in Abu Dhabi.

    EGA’s said its financing has been reduced by over $1 billion in the last two years and now consists of a senior term loan facility of $5.5 billion

  • The contract is for the Shamal Development marine works.

    The Shamal Development is part of the Khalifa Port located in Taweelah in Abu Dhabi

    It was built on a reclaimed artificial island reaching 4.5 km offshore

  • As the startup ecosystem takes off in the MENA region, TRENDS helps experts deliver valuable advice for entrepreneurs.

    International investors are flocking to Saudi enterprises, and the value of investments is likely to increase in 2022

    Startups in the UAE, Jordan, and Egypt attracted the most venture-capital funding, accounting for 73 percent of total deal value in November 2021