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.
  • The Central Bank of the UAE (CBUAE) will publish a new index for actual overnight funding transactions denominated in UAE...

    Dirham Overnight Index Average (DONIA) is computed as a volume-weighted money market rate for all actual overnight funding transactions of AED10 million or above.

    It would be published on UAE official working days by 09:30 hours local time on the CBUAE’s website and via Bloomberg and Refinitiv Eikon.

  • The rise is attributed to volume growth, business diversification.

    EBITDA rose 7 percent year-on-year to AED1.161 billion during this period, up from AED 1.081 billion during the same period in 2020.

    General cargo volumes rose to 37 million metric tonnes in year-to-date September 2021, up from 22 million metric tons in the same period in 2020.

  • Tadawul, the Saudi Exchange, has barred Anaam International Holding Group from trading for one day, after an adverse comment in...

    Anaam will be able to resume trading for 20 trading sessions with the possibility of another suspension

    The poultry processing company reported that its net losses widened by 525 percent in the nine months period of 2021

  • Al Yah Satellite Communications Company (Yahsat) of Abu Dhabi has been included in MSCI’s global indices.

    Yahsat’s inclusion will be effective on December 1, 2021

    The company began trading on the Abu Dhabi Securities Exchange (ADX) in July following its initial public offering (IPO)

  • The airline cited the Belarus-Poland border crisis as a reason.

    Syrian airline stopped flying to Minsk due to the increasing tension of migrants moving to Poland

    This, even as hundreds of migrants mostly from the Middle East remained trapped on the Belarus-Poland border

  • Passenger numbers have grown ahead of the holiday season.

    Bahrain’s national carrier Gulf Air has boosted frequencies to popular destinations

    This is said to be in line with increasing demand for air travel and relaxed travel restrictions in many countries

  • The Dubai Securities and Exchange Higher Committee has decided to list Salik on Dubai Financial Market (DFM) in order to...

    The Salik toll system is one of Dubai’s premier infrastructure assets, with robust traffic volumes

    The eight Salik toll gates, Al Barsha, Al Garhoud, Al Maktoum, Al Mamzar South, Al Mamzar North, Al Safa, Airport Tunnel and Jebel Ali, aim to reduce traffic congestion

  • Trade between Jordan and the United Arab Emirates has grown to $891 million during the course of last year, and...

    The details of the growing economic ties between the two countries were shared by the prime minister of Jordan Bisher Khasawneh

    He said the UAE has poured almost $17 billion into the Kingdom investments as it considered as one of the key partner in this regard

  • More than 30 top energy executives from around the world will come together at the 7th Abu Dhabi CEO Roundtable,...

    The industry leaders have been invited to the roundtable by Dr. Sultan Ahmed Al Jaber, United Arab Emirates (UAE) Minister of Industry and Advanced Technology

    The participants will debate issues impacting the energy world and the outcome of the UN Climate Change Conference of the Parties (COP26)

  • Boeing has endured a series of crises as Airbus recovers.

    Aviation sector is recovering from Covid-induced slump

    Airbus will display the A321neo, its latest single-aisle plane, in Dubai

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