INSEAD-Day

foreign reserves

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.
  • Riyadh, Saudi Arabia -- Saudi Arabia's international reserve assets decreased by SAR 26.98 billion, or 2 percent, to SAR 1.619 trillion ($431.65 billion) in February 2024, compared to the previous month. On a yearly basis, the Kingdom’s foreign reserve assets plunged 5 percent, or SAR 78.2 billion, Argaam reported, citing Saudi...
  • Qatar foreign reserves post 12% jump to US$65bn in March

    Doha, Qatar-- Qatar Central Bank has reported an increase in international reserves and foreign currency liquidity in March to $65 billion, an increase of 11.7 percent, compared to $58 billion in the same month last year. The figures issued by the Qatar Central Bank today showed an increase in its...
  • Egypt’s foreign reserves rise $128m in February

    Cairo, Egypt - Egypt’s foreign exchange reserves rose $127.9 million by the end of February to $34.352 billion, compared to $34.224 billion by the end of January, according to the Central Bank of Egypt (CBE). Foreign currencies in Egypt’s foreign reserves include the US dollar, euro, Australian dollar, Japanese yen...
  • Qatar Central Bank issues $274 million treasury bills for a week

    Doha, Qatar-- Qatar Central Bank (QCB) issued treasury bills worth QR 1 billion ($274 million) for a one-week term in February, due on March 2, at an interest rate of 5.0050 percent. QCB had issued treasury bills worth QR 3 billion for a one-week term in February. The auction is...
  • Qatar’s foreign reserves post 9.6% rise in December to US$59.31bn

    Doha, Qatar--Qatar Central Bank's (QCB) international reserves and foreign currencies liquidity increased last December by 9.6 percent on an annual basis, to reach $59.31, compared to $54 billion in the same period last year. December recorded a monthly growth of 2.7 percent compared to November 2022. The figures issued by...
  • Qatar Central Bank’s foreign reserves surge 6.82 percent in Nov

    Doha, Qatar---The foreign currency reserves and liquidity of the Qatar Central Bank (QCB) increased by 6.82 percent to reach QR 223.985 billion ($61.51 billion) in November compared to QR 209.675 billion in November 2021. The figures issued by the QCB show the bank's official reserves increased by the end of...
  • Turbulent economy under Taliban

    Ahmady explained that the Taliban would have access to only 0.1-0.2 percent of the country’s foreign reserves of $9 billion, especially given the sanctions the global community has placed on Afghanistan.