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.
  • Revenues are projected at $62.2 billion, up 72.2 percent from the current fiscal year's estimates.

    Revenues are projected at $62.2 billion, up 72.2 percent from the current fiscal year's estimates

    A new Kuwaiti government was sworn in on December 29, the oil-rich Gulf emirate's fourth in two years

  • Lebanese officials began much-delayed talks with the International Monetary Fund Monday on support measures aimed at lifting the country out...

    Lebanon is hoping to obtain a financial rescue package to rekindle an economy that has been in free fall for two years

    The previous government held several rounds of talks with the multilateral lender, but was unable to secure a bailout

  • School closures due to the Covid-19 pandemic have caused "nearly insurmountable" losses in education among children around the world, UNICEF...

    More than 616 million students are still being affected by full or partial school closures, the UN children's agency said

    UNICEF reported that learning losses to school closures have left up to 70 percent of 10-year-olds unable to read or understand a simple text

  • The Gulf region stays strong both regionally and globally in terms of the number of internet users and the populations...

    The United Arab Emirates came out on top with 5.43 points in the GCC ICT Use Index for 2021, followed by Kuwait and Saudi Arabia.

    Saudi Arabia's ICT spending is set to reach $30.9 bn, and public sector spending will reach approximately $3 bn by the end of 2022.

  • Saudi Arabia's finance minister, Mohammed bin Abdullah Al-Jadaan, has stressed the need for the promotion of the joint Gulf action,...

    During the meeting, the ministers reviewed the progress made on issues related to strengthening the financial and economic cooperation among the GCC states

    The meeting was chaired by the Minister of Finance, Chairman of the current session, Mohammed bin Abdullah Al-Jadaan

  • With rise in trade transactions, the Iranian economic activity also grew notably

    National Security and Foreign Policy Commission members stress that optimum economic management was important for a better future.

    Spokesman of the Commisison Abbaszadeh-Meshkini said that the economic policies should be arranged in a way to make sure that the low-income people will not be harmed.

  • DEWA achieved a new world record in electricity Customer Minutes Lost (CML) per year, recording 1.66 minutes in Dubai

    Energy demand in 2021 reached 50,202 gigawatt-hours compared to 45,712 gigawatt-hours in 2020.

    In 2020, DEWA reduced losses in electricity transmission and distribution networks to 3.3 percent, which is less compared to that in Europe and the US.

  • The current midmarket rate for a US dollar is LBP1,500, while the black-market rate is more than LBP23,000 to the...

    Depositors in Lebanon demonstrated against the government's plan to convert deposits into Lebanese pounds

    The demonstration was also against an associated decision to compensate depositors in the local currency

  • The city overtakes London in the list of the "Top Destinations Around the World". Golden beaches, world-class restaurants, rave reviews...

    Dubai figured at the fourth place in the "trending destinations for food lovers" list and first in "Trip Advisors list for city lovers."

    More than 3.85 million tourists came to Dubai during the first nine months of 2021, according to the department of tourism and commerce marketing.

  • A total of 1,99The real estate and properties transactions valued at AED4.1 billion were recorded in Dubai during the week...

    The transactions included 287 plots that were sold for AED1.08 billion, while 1,059 apartments and villas were purchased for AED2.25 billion.

    The top three transactions were a plot of land in Al Hebiah Fifth that sold for AED190 million, followed by land that was sold for AED 45 million in Al Thanyah First.

In Brief

Most Read