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.
  • Abu Dhabi will host a new Amazon fulfillment center, expected to be the most technologically advanced in the region. It...

    E-commerce giant says the centre will speed up delivery times and support a range of sellers

    The new centre is part of collaboration between Amazon and Abu Dhabi Investment Office’s program to attract investment and create job opportunities

  • Emirates Global Aluminium (EGA) and GE Gas Power have signed an agreement to reduce greenhouse gas emissions from EGA’s existing...

    EGA and GE Gas Power have signed an agreement and together they will work out a roadmap for decarbonization efforts.

    EGA has 33 GE natural gas turbines at Jebel Ali and Al Taweelah, with a total power generation capacity of 5,200 megawatts.

  • GreenDome Investments has bought out Elite Co. from Prama Holdings, in a deal representing one of the region’s largest acquisitions...

    Elite Co., a leading fully integrated land freight and courier solutions providers in the Middle East, has state-of-the-art operations and assets across Oman, Bahrain, Qatar

    GreenDome Investments aims to build an integrated end-to-end logistics services powerhouse to tap into the Middle East

  • Dubai hosted the naming ceremony of a cruise ship, MSC Virtuosa, which was officially named by Hollywood star Sophia Lauren...

    MSC Cruises, the world's third-largest cruise operator, had chosen Dubai for the naming ceremony.

    The ceremony was held at Port Rashid in partnership with DP World and Dubai’s Department of Economy and Tourism.

  • Iraq's oil Minister Ihsan Abdul-Jabbar has said that Iraq has worked on a vision that emphasizes the importance of finding...

    Iraq's National Oil Marketing Company says it does not see necessity of any decision on increasing oil production.

    OPEC + has decided to maintain the monthly increase rate of 400,000 barrels in December.

  • Director-General of the Kuwaiti Public Authority for Sport Humoud Flaiteh has said that new sports rules will be adopted soon,...

    Distinguished individual athletes representing Kuwaiti national sports teams are also entitled to the same status in line with the imminent regulations.

    The rules are just a step towards the application of professional athleticism in the country, a minister said.

  • Stock markets across the MENA region suffered losses on Sunday as dip in oil prices and mounting concern over ‘Omicron’...

    The Saudi stock market's main index falls by more than 5% to 10,700 points

    The Abu Dhabi Stock Exchange index (ADX) drops by 2.6% to 8230 points

  • The Dakar rally will be raced across the daunting deserts of Saudi Arabia again in 2022 with organizers on Sunday...

    The January 1-14 endurance test will be a third Dakar rally in Saudi Arabia

    The landscape and backdrop of the course is similar to the last edition, and it begins and ends after 12 stages in the port city of Jeddah

  • As the world looks to pare inflation, it is facing headwinds from the high freight rates currently prevalent all across...

    The global shipping industry suffered like every other industry in 2020 due to the Covid-19 pandemic

    It was expected to bounce back like all of them, and thereby spearhead the global economic recovery

  • It will be held at Riyadh Front, one of the entertainment zones for Riyadh Season 2021.

    The @Hack event is considered the biggest cybersecurity conference in both Asia and Africa, and registration is free of charge

    It is expected to be help the SAFCSP achieve the goal of having one programmer out of every 100 Saudis by 2030

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