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.
  • Despite the rise in the GDP of the Organization for Economic Co-operation and Development (OECD) economies to 1.6 percent in...

    The UK recorded the strongest growth (4.8%) followed by Italy (2.7%)

    GDP also increased in the other Major Seven Economies, but to a lesser extent

  • ADX has plans to get at least 10 companies as well as additional services such as derivatives trading by the...

    ADX has plans to get at least 10 companies as well as additional services such as derivatives trading by the end of 2021

    The cost of execution includes several components and depends on the exchange

  • The S&P 500 and Nasdaq advanced after posting records at the close of trading Friday

    The S&P 500 and Nasdaq advanced after posting records at the close of trading Friday

    The broad-based S&P 500 was up 0.2 percent at 4,518.34 and the tech-rich Nasdaq Composite Index climbed 0.4 percent to 15,186.63

  • The sectors in the country that attracted the most foreign investment were banking, basic items, energy, and communications.

    Saudi Arabia was granted membership of the World Trade Organization in 2005

    This is opened up the country to ever-increasing investments from foreign parties

  • The decision came from the country’s Constitutional Council, which is tasked with finalizing parliament legislation.

    Iran’s new President Ebrahim Raisi has already promised to build 4 million houses until the end of his term in 2025

    The government is expected to provide 60 percent of the funds needed to build a housing unit

  • Saudi Central Bank’s (SAMA) net foreign assets suffered a $4.4 billion drop in July, SAMA data showed on Sunday.

    Investments in foreign securities edge higher

    A country’s net foreign assets are a vital indicator of its economic health and a measure of its ability to support its currency’s peg to the dollar..

  • Saudi non-oil exports recorded a 40 percent jump, the highest-ever monthly level, in June 2021, touching $6.2 billion.

    Exports in June went up by 40 percent from a year ago

    According to the Saudi Export Development Authority (Saudi Exports) the number in June includes exports of products worth SR21 billion

  • Starting a business in the Emirates makes a $7,444 hole in the pocket, but world-class infrastructure, excellent connectivity, business-friendly policies and...

    Having been pegged to the US Dollar since 1973, the AED is favorable to all business firms within the country due to its steadiness.

    Saudi businesses in the past had to clear 13 procedures and required to have 1,057 percent of income per capita in the bank before starting a business.

  • In the decade since the NATO-backed overthrow of longtime dictator Moamer Kadhafi, repeated outbreaks of fighting have caused heavy damage...

    In the decade since the NATO-backed overthrow of longtime dictator Moamer Kadhafi, repeated outbreaks of fighting have caused heavy damage to the power distribution network

    On most days, Tripoli residents can expect multiple cuts to the mains supply totalling 12 hours a day

  • Mosul, the country's second city in Nineveh province, was the last major Iraqi bastion of the Islamic State group's failed...

    Mosul, the country's second city in Nineveh province, was the last major Iraqi bastion of the Islamic State group's failed "caliphate" between 2014 and 2017

    The city was retaken by the Iraqi army and a US-led coalition after intense bombardment and fighting that left it in ruins

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