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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
25,647 new economic licenses issued in Abu Dhabi in 2023, says ADDED report
ABU DHABI, UAE - The Abu Dhabi's “Business Activity Report” for the year 2023, issued by the Abu Dhabi Department...
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Economy
Saudi-Iran diplomatic pact leads to prisoner swap deal in Yemen
Economy
Geostrategy
New Saudi law brings in new businesses, more FDI
Economy
US government seeks to avoid ‘bailout’ label amid banking turmoil
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Economy
Rosneft 2022 profit at $10.5bn
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Energy
Total market value of Saudi stocks hits $2.97 trillion
Riyadh, Saudi Arabia - The total market value of the primary Saudi stock market, represented by the All Tadawul Share...
Economy
European banking sector is resilient, says ECB
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US banking regulator sells Signature Bank assets to another lender
Economy
Kuwait Oil Company declares ‘state of emergency’ after oil spill on land
Economy
Energy
Jordan’s ‘Tashgheel’ fetches 20,000 jobs for its citizens in private sector
Business
Economy
AFD approves €83M loan to Egypt for electricity sector
Loan meant to fund Egypt's second phase of Electricity and Green Growth Support Program The program will advance the provision...
Turkey leaves its interest rate unchanged at 19 percent for third month to support lira
The decision needed to support the country’s depreciating currency An annual inflation rate of 16.6 percent has contributed to a...
Saudi economy to grow much faster: Goldman Sachs
Goldman raises Saudi growth forecast for GDP to 4.5% this year, compared to an earlier 2.5% Kingdom's overall economic activity...
To give fillip to key sectors, UAE Central Bank doles out $12 billion in credit in 2020
The credit is intended to give a boost to sectors critical to the overall economy of the United Arab...
Easing of restrictions triggers strong rebound in Middle East economies: ICAEW
ICAEW-commissioned report finds business confidence in the region has strengthened Higher oil revenues give Middle East governments more scope...
PricewaterhouseCoopers Middle East commits to creating 6000 jobs in 5 years
Creating an ESG Centre of Excellence in the region part of 'The New Equation' strategy Firm announces its commitment...
HSBC and Morgan Stanley believe Dubai property market will boom for years
HSBC and Morgan Stanley feel growth will be driven by strong demand for larger homes The rally, both feel,...
Bahrain unveils $1.2-billion stimulus package for Covid-hit sectors
The king has issued a royal decree to extend a number of initiatives for three months Bahrain’s Crown Prince and...
Tax or no tax, UAE aims to remain magnet for investors
The G7 powers have endorsed an agreement on a global minimum corporate tax The UAE is one of the world's...
FTA announces law reform to help taxpayers
It confirmed as much during its first tax agent virtual session of 2021 The reforms will entail amending some provisions...
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