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BYD logs record EV sales in 2025
It sold 2.26m EVs vs Tesla's 1.22 by Sept end.
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.
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Battle of the Tech Hubs
Israeli strikes kill 12 Palestinians in Gaza amid measures to ‘annex’ more West Bank land
‘Innovation takes time—The Gulf’s economic transformation requires patience and persistence’
Geneva talks loom as Trump backs regime change and redeploys second US carrier
Trump signals second carrier deployment as US-Iran prepare to resume talks
Embed AI in workflows so deep that it becomes invisible: Matt Cloke
UAE Innovation Month: Why 2026 is the year of the agentic enterprise
Iran signals potential dilution of highly enriched uranium if sanctions are lifted
Professional events are becoming West Africa’s new innovation engine
Iran says US talks in Oman a ‘good beginning’ as fears of military confrontation grow
GCC ministers hold discussion on food security in the region
Riyadh, Saudi Arabia--Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), held a virtual meeting with ministers from...
Economy
UAE bodies sign MoU to establish general framework for IPOs
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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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Saudi Central Bank Governor discusses global economy in meeting with ECB chief
Riyadh, Saudi Arabia - The Saudi Central Bank Governor (SAMA) Ayman Al-Sayari discussed the recent developments in central banking and...
Economy
Vertical farming project launched in Abu Dhabi
Economy
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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Energy
Global recession fear may affect UAE’s hiring rate
Economy
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...
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...
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