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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.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI
  • Thousands of international companies join Dubai Chamber of Commerce in 2023

    Dubai, UAE--A study undertaken by Dubai Chamber of Commerce has revealed that Indian investors topped the list of nationalities of new non-UAE businesses joining the chamber last year. A total of 15,481 new Indian-owned companies became members in 2023, representing year-over-year (YoY) growth of 38 percent and underlining Dubai’s continuing...
  • Jordan, Oman sign agreements to ramp up investments

    Amman, Jordan--Jordan and Oman have signed a raft of agreements to boost direct investment in both the countries. The first memorandum of understanding (MoU), which was signed by the ministries of investment of Jordan and Oman's ministry of trade, industry, and investment promotion, called for cooperation between the two parties...
  • Irbid chamber industrial exports up

    The value of certificates of origin issued stood at US$65m.
  • Dubai International Chamber event explores trade ties China’s Wuxi

    Dubai, UAE - Dubai International Chamber hosted a B2B event during the Wuxi – Dubai Economic & Trade Exchange Conference to explore business and investment opportunities between Dubai and Wuxi City. The event was organized in partnership with the Wuxi Municipal Government and Wuxi National High-Tech Industrial Development Zone. It...
  • Dubai Chamber of Commerce reports 43% increase in member firms

    Dubai, UAE - The Dubai Chamber of Commerce reported a 43 percent increase in new member companies, reaching a total of 30,146 in the first half of 2023, up from 21,098 in the first half of 2022. The total value of exports and re-exports from member companies also saw a...
  • Extension of Kurdish parliament unconstitutional, says Iraq supreme court

    Iraq's supreme court ruled as unconstitutional the extended mandate of autonomous Kurdistan's parliament, rendering invalid votes taken by the chamber since last year. It is the latest source of tension between Iraq's federal authorities and Kurdistan whose leaders had denounced amendments in the federal budget affecting oil sales from the...
  • Iraq chamber asks government to tie up with German construction firms

    Baghdad, Iraq-- The head of the Federation of Iraqi Chambers of Commerce - FICC, Abdul Razzaq Al-Zuhairi, called on the government to move towards German companies in the field of construction and infrastructure development, while stressing that Iraq needs to develop trade relations with Germany. Iraqi News Agency reported that...
  • Fujairah Chamber board approves 2023 operational plan and budget

    Fujairah, UAE-- The Board of Directors of the Fujairah Chamber of Commerce and Industry stressed the importance of encouraging private sector companies and institutions in the emirate to improve their products, given the major role they play in driving sustainable and economic development. The board made this statement during its...
  • Pact to transform Makkah, Madinah into business hubs for Islamic world

    The Makkah Chamber of Commerce, Madinah Chamber of Commerce and the Islamic Chamber of Commerce will sign the agreement at the Makkah Chamber Center for Exhibitions and Events next Wednesday in presence of representatives from the 57 member countries of the Organization of Islamic Cooperation and several diplomats.
  • Jordan to elect commerce chamber boards in poll

    Amman, Jordan— The commercial sector across Jordan will go to the polls on Saturday to choose representatives in the boards of directors of chambers of commerce and representatives of commercial sectors for 2022. The number of voters entitled to participate in the voting process is 27,982 merchants, while the election...
  • Opportunities await Qatari investors in Kazakhstan’s Zhambyl region

    Doha--- Qatar Chamber and Kazakhstan's Social-Entrepreneurial Business Corporations have discussed economic and commercial relations besides investment climate and opportunities in both countries. These issues were discussed at the meeting between Qatar Chamber First Vice-Chairman Mohamed bin Twar Al Kuwary and First Deputy governor of Zhambyl Region in the Republic of...
  • Riyadh Chamber hosts Saudi-Russian business meeting

    The Riyadh Chamber hosted a meeting in which 23 Russian companies and representatives of the Saudi Arabian business sector participated.
  • Qatar private sector exports up 21 percent in second quarter: Chamber

    Qatar’s private sector exports during the second quarter of 2022 amounted to QAR 8.92 billion ($2.44 billion), a 21 percent growth on annual basis compared to QAR 7.73 billion in Q2-2021, said Qatar Chamber in its quarterly report. On a quarterly basis, it also surged 15.4 percent compared to QR...
  • Jordanian firms forge trade partnerships at APAS Show 2022

    Jordanian companies forged trade partnerships during their participation in the APAS Show 2022, an annual food and beverages exhibition held southeast of Brazil in Sao Paulo. Seven companies participated in the Jordanian pavilion, which was organized by the Jordanian-Brazilian Business Association and Jordan Exports, a public-private institution that coordinates national...
  • Kyrgyzstan and Ras Al Khaimah to expand cooperation in investment, trade

    Kyrgyzstan and the UAE have discussed enhancing the investment and trade cooperation between the two sides. Mohamed Ali Musabbeh Al Nuaimi, Chairman of the UAE’s Ras Al Khaimah Chamber of Commerce and Industry, and Abdilatif Jumabaev, Ambassador of Kyrgyzstan to the UAE represented their countries in a meeting. The meeting...
  • Over 27,800 new firms join Dubai Chamber of Commerce in 2021

    Over 27,800 new member companies joined the Dubai Chamber of Commerce in 2021, a 66.8 percent increase compared to 2020, which brings the organization’s total membership to over 287,000. In 2021, the Dubai Chamber of Commerce saw the return on investment of its digital transformation over the years. The Chamber...
  • Trade between Brazil and Arab countries grew by 44 percent in 2021

    Trade between Brazil and Arab countries grew by 44 percent during 2021, with food exports alone reaching an estimating $14 billion, its highest since 2012, said Tamer Mansour, CEO of the Arab Brazilian Chamber of Commerce. This comes as Arab countries, especially in the Gulf region, are combating the pandemic...
  • UAE, Malta trade bodies join hands for industrial cooperation

    FUCCI Chairman Abdullah Mohamed Al Mazrouei signed the MoU with Marisa Xuereb, President of the Malta Chamber.
  • Iran, Oman discuss ways to promote private sector and medical tourism

    Oman and Iran have discussed ways to promote trade relations between the private sector in the two countries as well as cooperation in the field of medical tourism. They also reviewed the preparations to organize the first virtual exhibition between the Sultanate and Iran. Talks were held between Ridha Juma...
  • Sharjah-Sao Paulo Business Forum explores economic cooperation

    A forum organized by the Sharjah Chamber of Commerce and Industry (SCCI) brought together more than 100 businesspersons from the UAE and Brazil to discuss cooperation and investment opportunities. The Sharjah-Sao Paulo Business Forum on Wednesday highlighted joint investment opportunities, encouraged cooperation and partnerships in various economic sectors. The forum...
  • Business confidence in Dubai reaches third-highest level in 10 years: Survey

    Business confidence in Dubai reached its third-highest level in 10 years as companies in the emirate begin to feel the positive impact of Expo 2020 Dubai, a new survey from Dubai Chamber has revealed. According to the findings of the Chamber’s quarterly Business Leaders’ Outlook Survey, 76 percent of respondents...
  • Kuwait private sector partner in boosting trade ties: UAE chambers

    KUWAIT: A delegation from the Federation of UAE Chambers of Commerce and Industry and officials of the Kuwait Chamber of Commerce and Industry have discussed ways of boosting cooperation and promoting investment opportunities in the two countries. The discussion happened at a meeting attended by Abdullah Mohamed Al Mazrouei, Chairman...
  • Dubai Chamber adds 16,000 new members this year

    Some 16,000 new companies have joined Dubai Chamber this year, bringing the total membership to more than 275,000.
  • Dubai Economy issues 3,243 trader licenses in H1

    Trader License enables freelancers and start-ups to conduct businesses online and across social networking accounts.
  • Mohammed bin Rashid confirms board and advisory council of Dubai International Chamber

        It is part of a recent government restructuring to drive a comprehensive economic development in Dubai It also aims to establish Dubai as a global trade hub and a favorite regional destination for global firms     The ruler of Dubai, and Vice President and Prime Minister of...