INSEAD-Day

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.
  • According to official data, Jordanian exports to Turkey in the first 8 months of the current year dropped by 10...

    According to official data, Jordanian exports to Turkey in the first 8 months of the current year dropped by 10 percent to JD29 million

    Turkish imports to the Kingdom in the same period surged by 25 percent to a total of JD303 million

  • The Gulf country has welcomed the increased cooperation of French companies, including in energy, water, and waste management, sustainable cities,...

    The Saudi Arabian Airlines Corporation has ordered CFM engines worth $8.5 billion for its Airbus fleet

    Saudi Aramco also signed deals with French companies to exercise its diversified energy portfolio

  • The Saudi Arabian Military Industries, a subsidiary of the Public Investment Fund, launched a joint venture with French company Figeac...

    The company said that the joint venture’s revenue would reach $200 million by 2030 and the ownership would be divided among the two countries

    SAMI also signed an agreement with Airbus to form a joint project specialized in military aviation services and maintenance

  • Egypt will increase cotton gins capacity to 4.4 million kantars annually up from 1.5 million kantars, according to a government...

    A kantar is the official Egyptian weight unit for measuring cotton

    It is equal to either 157 kg of seed cotton or 50 kg of lint cotton

  • Mubadala Investment Company (Mubadala) has revealed that it signed two agreements to facilitate investments in sectors of mutual priority and...

    The agreements are part of economic deals valued at more than €15 billion signed between Emirati and French companies

    The first agreement between Mubadala and Bpifrance will see the co-investment partnerships between the two companies extended by an additional €4 billion

  • American digital company BuzzFeed, known for its viral content and journalism, will go public on Monday after it initially raised...

    BuzzFeed said it had finalized a merger with 890 5th Avenue Partners, a special purpose acquisition company (SPAC), which aims to raise funds through an initial public offering

    Its shares are expected to start trading on the Nasdaq on Monday under the ticker symbol "BZFD"

  • ‘The delivery sector has become critical to the hospitality industry's survival,’ says Deliverect Middle East General Manager Naji Haddad.

    The explosive rise of online food delivery is forcing restaurants to change how they operate

    Restaurants needed to survive through the pandemic, and now they need to stand out from the competitors

  • Russian representatives from three provinces met with commissioner general of the Jordan Pavilion at Expo 2020 Dubai.

    Jordan has invited investment from an industrial and economic delegation from Russia

    The Russian delegation represented three Russian provinces

  • Extremists are abusing its new photo-sharing rule.

    Twitter has noted that its teams have made errors in enforcing its new policy that disallows posting images of people without their consent

    It said it has corrected those, errors and is undergoing an internal review to make certain that this policy is used as intended

  • The deal with members including the US, EU, and Saudi Arabia agreeing to new ways to help businesses.

    The agreement is said to have called for members countries and groupings to create domestic regulation for services

    Such regulations would ‘improve the business climate, lower trade costs, and cut red tape so as to facilitate services trade worldwide’