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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.
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Trump imposes full travel bans on seven more countries, Palestinians
Global coal demand expected to hit record in 2025: IEA
Ancient cures and AI: WHO seeks evidence for traditional medicine
Famed Jerusalem stone still sells despite West Bank economic woes
Netflix boss promises Warner Bros films would still be seen in cinemas
US unemployment rises further, hovering at highest since 2021
First European Union airline flight in 35 years lands in Baghdad
Israeli army to demolish 25 residential buildings in West Bank camp: local authorities
Ukraine hails ‘real progress’ in Zelensky’s talks with US envoys to end the war with Russia
Deja vu? Trump accused of economic denial and physical decline
Dubai is a key player in global business landscape
"The emirate is continuing to consolidate its position as an ideal platform that brings together creative ideas and innovative entrepreneurs...
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MBRSC, e& enterprise ink MoU
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Eco-friendly goods buck global downward trade slide: UNCTAD
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Toshiba accepts $15bn buyout bid
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Egypt and World Bank agree US$7bn, five-year partnership
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Saudi Aramco halts plan to raise production capacity
Tuesday's announcement was not expected to have an immediate effect on production or exports. After a series of oil supply...
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Gulf central banks mirror Fed to raise rates by 25 bps
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Unity key for ‘transformational progress’ at COP28
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Global recession fear may affect UAE’s hiring rate
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Global financial woes may hit Europe, warns ECB chief Lagarde
Economy
Oil-producing countries postpone decision on output increase
UAE objects to extending of cuts to the end of 2022 as it seeks to grow production Members consider whether...
Yemen gets $150-million World Bank aid for food, water, healthcare
Yemen is plagued by conflict that started with Houthi insurgence Some 80 percent of Yemenis are dependent on aid To...
UAE launches work permits for Golden Residency holders
Golden Residency visa was created last year for professionals, specialized degree holders HR ministry lays down criteria for work permits...
Covid-19 tourism losses could cut Middle East GDP by 3.1 percent: UN
Pandemic-induced economic impact on tourism could top $4 trillion Lack of widespread vaccination in developing countries leading to mounting losses...
Unemployment in Saudi Arabia drops, more women enter workforce
Labor force participation rate for women rose to 33.6% in Q1 2021 94 percent of the unemployed open to taking...
MENA facing new financial risk challenges due to pandemic: Refinitiv report
25 percent say that a data breach poses the most significant risk to business operations Refinitiv expert says deploying advanced...
Austria to welcome more GCC travelers from July 1
Austria will open border for tourists from all across the world, including GCC, from July 1 The move comes as...
Digitalization, sustainability top priorities of Middle East consumers
PwC Middle East claims consumers in the region value digitalization and sustainability the most 58% of Middle-East consumers say they...
Forum in Dubai discusses market challenges, opportunities
Dubai Chamber says findings of the forum will be sent to the Dubai Government to help in policy formation 500...
UAE to trade in 25 new international markets as economy recovers
UAE’s budget balance improved as its economy recovers It will enter 25 new international markets for foreign trade Boosted by...
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