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.

Egypt’s foreign reserves leap up to $40.67bn in July

  • Egypt's net foreign reserves have risen to $40.672 billion in August from $40.609 billion in July
  • Foreign reserves have been rising since June 2020, after dropping to around $36 billion

Egypt’s net foreign reserves have risen to $40.672 billion in August from $40.609 billion in July, the central bank said on Monday.

Foreign reserves have been rising since June 2020, after dropping to around $36 billion from more than $45.5 billion due to the impact of the coronavirus pandemic.