INSEAD Day 4 - 728x90

Company News

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

Business

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

Business
Business

Nvidia to take stake in Nokia

Nvidia share price soars 20%.
  • It said it would issue more than 166 million new shares, for which Nvidia would pay $6.01 per share.
  • Under the partnership, Nokia "intends to increase its presence in the AI and cloud market with data center aligned networking solutions."
Business

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.
  • "The world is changing, and Nestle needs to change faster," chief executive Philipp Navratil, who took the reins of the multinational in early September, said in a statement.
  • The company published nine-month figures showing sales down by 1.9 percent to 65.9 billion Swiss francs ($83 billion).
Business

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.
  • Peninsula Capital and minority investors will own the remaining 39.2 percent.
  • The deal represents an expansion into packaging by Multiply Group, establishing the Group’s fifth consumer-focused vertical.
Business

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.
  • The cuts, all of which will take place in Germany, represent about 10 percent of Bosch's total workforce in the country.
  • Bosch said the layoffs were needed to help make annual savings of 2.5 billion euros ($2.9 billion) in the group's automotive unit.
Business

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake
  • Aldar Estates has become the region’s largest integrated real estate services company with over AED3 billion worth of active contracts.
  • The platform manages more than 155,000 residential units, which is a 15 percent increase in the past two years.
Business

Oracle shares up 35%

Huge AI contracts lead to the surge.
  • About 40 minutes into trading, shares were at $337.02, up nearly 40 percent, lifting the company's market valuation to around $950 billion.
  • The surge will significantly boost the wealth of Oracle Chairman Larry Ellison, who could potentially surpass Elon Musk as the world's richest person.
Business

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.
  • The rights issue will increase ADCB's issued capital from AED 7.32 billion to AED 7.91 billion by issuing up to 592.2 million new shares.
  • The new shares will be priced at AED 10.3 each, a 30% discount to ADCB’s closing share price on September 4, 2025.
Business

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.
  • The company's primary hot metal production remained steady at 1.34 million tons.
  • EGA sold 1.37 million tons of cast metal to over 400 customers in more than 50 countries, up from 1.31 million tons in H1 2024.
Business

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.
  • The company also reaffirmed its intention to pay a total dividend of 16.2 fils per share for 2025.
  • Since its June 2022 IPO, Borouge shareholders have approved $4.24 billion in dividends.
Business

TAQA secures $2.31bn loan

It will be utilized in a phased manner.
  • The two-year tenor also aligns well with TAQA’s maturity profile, as the Group has no corporate debt maturities scheduled in 2027.
  • This facility complements TAQA’s existing corporate funding framework, which includes a US$20 billion Global Medium Term Note (GMTN) program.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.
Business

Company News

Masar 2025 net profit $262m

Tasnee’s 2025 losses deepen

DP World 2025 revenue $24.4bn

BYD 2025 revenue surges

Aramco net income $28bn

Latest News

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.
Business

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.
Business

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.
Business
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INSEAD Day 4- 300x600

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Business

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.
  • Following the announcement of the results, Emirates NBD’s board proposed an ordinary dividend of 100 fils per share for the year.
  • The lender is one of the largest banking groups in the Middle East and is listed on the Dubai Financial Market.
Business

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.
  • Tesla is expected to announce its total EV sales for last year on Friday.
  • Shenzhen-based BYD, which also produces hybrid cars, announced the data in a statement published to the Hong Kong Stock Exchange, where it is listed.
Business

Google to invest $6.4bn

The investment is its biggest-ever in Germany.
  • Google's plans include a new data center and expansion of an existing center in the western state of Hesse, providing computing power for artificial intelligence.
  • It also plans to expand its offices in Berlin, Frankfurt and Munich, and outlined various projects aimed at reducing its greenhouse gas emissions.