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.
  • The Omicron variant of Covid-19 has led to travel restrictions, which has forced the WTO to postpone the ministerial conference...

    The meeting was the World Trade Organization ministerial conference, the global trade body’s biggest gathering in four years

    It has been cancelled a second time as it was originally scheduled for June 2020

  • The Public Investment Fund, which seeks to lessen the Kingdom's reliance on oil as part of Vision 2030, eyes both...

    PIF owns a 62.72 percent stake in Lucid Electric Vehicles Company, which has a current market value of $71 billion

    More than 331,000 people in Saudi Arabia have found work due to the Fund establishing 26 local businesses and assets

  • It has stopped flights to South Africa, Zimbabwe, and Mozambique.

    The cities affected are Johannesburg, Cape Town, Durban, Harare, and Maputo

    The restriction on travelers and flights will reportedly remain same until further notice from the WHO

  • This partnership is expected to support UAE Industry 4.0.

    The program, overseen by MoIAT and Siemens, will address a broad range of topics

    The aim is to accelerate the transformation of the manufacturing sector towards industry 4.0 in the UAE

  • Saudi Arabia has cancelled the maximum age limit of 50 years for all foreign pilgrims, as per local sources.

    The age limit for overseas pilgrims to perform Umrah was between 18-50

    On average, 18.5 to 20 million people visit Saudi Arabia every year to perform Umrah

  • EFG Hermes, the first universal bank in Egypt and the leading investment bank in Frontier Emerging Markets (FEM), has launched...

    It said the new application will feature a wider range of brokerage services, a fully digitized on-boarding process, a digital payment gateway and more

    The app now also features a digital payment integration system powered by PayTabs Egypt, enabling users to process payments simply and efficiently

  • Saudi officials of the Zakat, Tax and Customs Authority (ZATCA) have seized more than 2.1 million Captagon pills at Haditha...

    In the first attempt to smuggle in some 467,441 Captagon pills, the smuggler hid them in the cavity of one of the trucks coming through the point

    The officials said that they have arrested 12 people in connection with the smuggling bid

  • The rail cooperation document was signed between the three countries on the sidelines of the summit of ECO member-states.

    The rail cooperation document was signed between the three countries on the sidelines of the summit of ECO member-states

    The MoU stipulates that a joint working group be formed to oversee the growth of cargo passing through the transit route

  • Stock exchanges in the GCC region saw quite a few ups and downs this week.

    The Saudi index faced a significant fall this week, the first since October 2020, due to military struggles with Yemen

    With Al-Rajhi Bank missing 4.5 percent and Saudi Arabian National Bank dropping 3.7 percent, the Saudi index fell 2.7 percent on Monday

  • Hosted by the Global Esports Federation (GEF), the event was part of the GMIS Week that runs from 22 to...

    Hosted by the Global Esports Federation (GEF), the event was part of the GMIS Week that runs from 22 to 27 November at Expo 2020’s Dubai Exhibition Centre

    Dr Khizer Kaderi, Member of the GEF Health & Wellness Commission, defined the metaverse as a confluence of physical and digital worlds

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