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.
  • Lebanon’s caretaker minister of social affairs announced the cash cards on Thursday, saying they would benefit 500,000 families.

    The total cash payments to be made amount to $556 million

    The figure was approved by the authorities in June

  • Egypt's annual urban consumer price inflation rose to 5.7 percent in August, up from 5.4 percent in July, official statistics...

    Egypt's annual urban consumer price inflation rose to 5.7 percent in August

    Food inflation was the key driver jumping from 4.9 percent y/y in July to 6.6 percent y/y in August, the highest for two years

  • The GCC nations are looking at the $500-billion market for Green Hydrogen by 2050, but will it be enough?

    IRENA says GCC countries need to invest up to $148 billion each year until 2050 to meet the goals of the Paris agreement

    DNV expects clean-energy expenditure to increase by around 70 percent between 2019 and 2030 to $1.9tn

  • The director-general of the Iranian Trade Promotion Organization’s Office of Arabian and African Countries has said Iran is in talks...

    Lebanon is currently suffering under one of the world’s worst economic crises since the mid-1800s

    The situation is such that senior economist Nasser Saidi has said hyperinflation is imminent in the country

  • Women can drive and cinemas have reopened in the "new" Saudi Arabia under crown prince and de facto ruler Mohammed...

    Women can drive and cinemas have reopened in the "new" Saudi Arabia under crown prince and de facto ruler Mohammed bin Salman

    MBS as crown prince is called, has brought a string of economic, social and religious changes

  • Being home to most of the high net-worth individuals in the Middle East, Saudi Arabia, the UAE and Qatar are...

    Porsche Middle East and Africa’s successful implementation of new retail strategy helps in achieving the targets in Q1 2021.

    GCC governments are committed to increasing sustainability by reducing carbon emissions.

  • Bitcoins are loaded onto digital wallets and accessed via a mobile app. To download the wallet, one needs a Salvadoran...

    Bitcoins are loaded onto digital wallets and accessed via a mobile app. To download the wallet, one needs a Salvadoran ID document

    To draw or deposit cash (in dollars), the government has erected 200 Chivo automatic teller machines countrywide

  • Across the MENA region, years of corruption has left countries woefully unprepared to face the COVID-19 pandemic

    Across the MENA region, years of corruption has left countries woefully unprepared to face the COVID-19 pandemic

    In terms of performance, the UAE and Qatar are the top regional performers on the CPI with scores of 71 and 63 out of 100 respectively

  • The relations between the Arab world and China have touched new highs particularly after China launched the Belt & Road...

    Bilateral trade between China and GCC increased 180 percent from US$68bn in 2009 to US$190bn in 2019

    Gulf imports from China totaled US$10 bn in clothing, textiles, and fabrics, accounting for 66 percent of Arab trade with China

  • That amount reportedly equals 87 percent of the total budget allocated to a credit line for agricultural mechanization.

    The money has been used to supply agricultural machinery, tools, and equipment

    These have been supplied in fields like horticulture, livestock, poultry, and aquaculture

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