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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
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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‘Rich nations must achieve net zero carbon by 2040’
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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
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WEF24: Creative leap diversifies Nigerian economy
Nigeria is diversifying its economy, moving beyond oil to embrace the blue and digital economies, Minister of Art, Culture, and...
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Japan PM arrives in India to widen trade, technology ties
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SIRC buys 60% of Masab Plastic
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Two Indian companies investing $45m in Bahrain
Economy
Saudi Arabia, Turkey sign deals during ‘Turk Expo 2023’ in Riyadh
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Saudi GDP drops 3% in Q1 as oil sector takes a hit from low output
The main reason for the drop was the 11.7 percent contraction in the oil sector Private sector and non-oil sector...
Saudi Arabia wants to be first trading partner of Egypt
There are 6,285 Saudi companies operating in Egypt with investments exceeding $30 billion More than 518 Egyptian companies operate in...
Egypt’s food inflation to get worse as economy revs up
Egypt’s inflation accelerated to a 5-month high of 4.8 percent year-on-year in May Global food import costs are expected to...
France to invest 3.8bn euros in Egypt projects
Egypt's public transport, renewable energy sectors among 9 other projects to receive investment With the billions in financing, Egypt has...
Abu Dhabi most liveable city in Middle East
The Economist Intelligence Unit's Global Liveability Index ranks 140 most liveable cities in the world Abu Dhabi's top rank attributed...
Lebanon currency drops to new low as financial meltdown deepens
The Lebanese pound has lost around 90% of what it was worth in late 2019 Matters made worse by the...
Saudi economy is 30% of $2.39 trillion Arab economy
The kingdom is almost twice the size of the region’s second-largest economy, Egypt The UAE is the third largest Arab...
IMF’s Mideast chief calls for reform program in Lebanon
He pleaded with the international community to help in the effort The IMF’s dialogue with the Mediterranean country has been...
Iran mired in economic pain as presidential vote nears
Iran's 83 million people are suffering as jobs are scarce, prices are rising Economic crisis brought on by crippling sanctions...
US, UAE hold economic policy dialogue, resolve to expand engagement
The UAE maintains its position as the US' largest trading partner in the MENA region for the 12th year in...
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