INSEAD Day 4 - 728x90

Germany

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.
  • UAE’s FNC members discuss cooperation with German Parliament

    Members of the UAE-EU Parliamentary Friendship Group of the Federal National Council (FNC), headed by Sarah Mohammed Falkinaz, Chairperson of the Group, met with Alexander Radwan, Member of the German Bundestag.
  • German industries explore investment opportunities in UAE

    Some of Germany’s leading industrial companies participated in a roundtable event hosted by the UAE Ministry of Industry and Advanced Technology at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022.
  • BMW Q3 net profit US$3.1bn

    Profit was due to high demand for pricier luxury models.
  • 40 Saudi, German companies discuss investment opportunities

    The German delegation comprised companies working in the areas of water, training, education, infrastructure, industries, constructions and innovation.
  • GCC condemns German minister’s remarks on Doha World Cup

    The secretary general of the Gulf Cooperation Council condemned remarks by Germany's interior minister on the World Cup due to be hosted in Doha. Qatar summoned Germany's ambassador to protest against comments made by Interior Minister Nancy Faeser casting doubt on whether the Gulf state should host the football World...
  • Qatar summons German ambassador over minister’s comments

    Taking a serious note of German Interior Minister's comments casting doubt on whether the Gulf state should host the football World Cup, Qatar has summoned Germany's ambassador to lodge a protest. Calling the comments as "unacceptable and provocative, Qatar demanded a clarification.
  • Airbus employees to receive extra 1,500 euros as inflation hits

    Airbus will make a one-off payment of 1,500 euros for all employees in its four founding nations, UK, France, Germany, Spain as inflation makes life difficult. The company employs 126,000 people worldwide, including 46,000 in France and 43,000 in Germany. The employees outside of the four countries will receive a...
  • Eurozone downturn deepens as Germany heads for recession

    Economic activity in the eurozone plummeted further in October and Germany, the EU's top economy, looks headed for a recession, a closely watched survey showed Monday.
  • Climate activists throw mashed potatoes on $111m painting

    Publishing a video of the action on Twitter, the environmental protest group Last Generation wrote: "If it takes a painting –- with #MashedPotatoes or #TomatoSoup thrown at it -– to make society remember that the fossil fuel course is killing us all: Then we'll give you #MashedPotatoes on a painting!"
  • Western powers call for UN probe of Iran drones in Ukraine

    Several Western countries are calling for an "impartial" investigation into Iranian drones they say Russia is using in the war in Ukraine. In their letter, France, Britain and Germany said they would "stand ready to support the work of the Secretariat in conducting its technical and impartial investigation."
  • Spain says new gas pipeline may take 7 years to build

    A planned underwater energy pipeline linking Barcelona in Spain and Marseille in France could take up to seven years to build, Spain's energy minister said.
  • Empty shelves as German supermarkets resist price hikes

    With German inflation running at a record 10 percent, supermarket giants are pushing back against what they see as unreasonable price increases by some of the world's best-known brands. Food multinationals argue that their manufacturing costs have risen on the back of soaring energy and transport costs.
  • Markets climb on bright US earnings, UK policy U-turns

    Major global equities rose, with sentiment soothed after upbeat US earnings and Britain shredded its controversial budget. Analysts pointed to better-than-expected reports from Goldman Sachs and Johnson & Johnson as a positive driver for stocks. On Wall Street, the Dow Jones jumped two percent after a day of strong trading...
  • Nord Stream probe tailored against Russia, says Kremlin

    The Kremlin said that the investigation into the explosions that tore through the Nord Stream gas pipelines was being 'tailored' to place the blame on Russia.
  • Germany fills 95 percent of gas reserves as winter draws near

    Berlin, Germany - Germany on Friday said it had filled its gas reserves to 95 percent of capacity faster than expected as it prepares for a winter deprived of Russian energy supplies. Europe's largest economy had been heavily dependent on Russian gas and has raced to bolster its reserves after...
  • Russia’s Rosneft sues Germany over refinery seizures

    Russian oil giant Rosneft has filed a complaint against the German government for taking control of its German-based refineries, a court said, as energy tensions run high following Moscow's war in Ukraine.
  • VW, Horizon Robotics plan JV

    JV will help in strengthening VW's presence in China.
  • US climate spending could spark tariff war, says Scholz

    German Chancellor Olaf Scholz criticized US climate protection plans that would shield domestic companies from foreign competition, saying they could trigger "a huge tariff war". Unease has been growing abroad about US President Joe Biden's landmark "Inflation Reduction Act", which includes tax breaks for US-made electric cars and batteries.
  • Sustainability key focus of GCC automotive industry

    Current trends in the automotive sector such as zero-emission vehicles and carbon-neutral manufacturing demonstrate the growing importance of sustainability, says a key BMW Group Middle East official.
  • Germany investigates ‘sabotage’ on its rail framework

    Rail operator Deutsche Bahn blamed the travel disruptions on "sabotage", while Transport Minister Volker Wissing spoke of "a targeted and deliberate action".
  • German coastal state goes to polls amid acute energy crisis

    Frankfurt, Germany— Germans in the coastal state of Lower Saxony vote in a closely-watched regional election Sunday, seen as a key test for Chancellor Olaf Scholz's Social Democrats amid an acute energy crisis. Polls open at 8:00 am (0600 GMT) and close at 18:00, with latest surveys putting Scholz's centre-left SPD...
  • Germany pledges 413.9m euros in development aid to Jordan

    The Jordanian-German discussions covered a wide range of vital sectors including education, water and renewable energy
  • EU leaders try for common response to energy crisis

    EU leaders meeting in Prague looked to bridge divisions on how to tackle soaring energy prices as they grapple with the fallout from Russia's war on Ukraine. President Volodymyr Zelensky was dialling in from Kyiv as the bloc looks to maintain its economic and military support for Ukraine and hold...
  • EU ‘ready to discuss’ plans to counter rising energy price

    The EU is "ready to discuss" a price cap on gas within the bloc to bring down soaring energy costs, European Commission chief Ursula von der Leyen said Wednesday. Her comment, to the European Parliament, signaled a shift in tone after powerhouse EU country Germany had expressed worries that a...
  • Germany to continue with $198bn energy fund despite EU criticism

    Germany pushed back against critics of a 200-billion-euro ($198-billion) energy fund, as Berlin faces fresh accusations it is going it alone in helping citizens face a historic price shock.
  • Asian, European markets surge on interest rate hopes

    Asian and European stocks rallied and the dollar dipped as weak US data sparked hopes the Federal Reserve could ease its interest-rate hiking plans. Frankfurt and Paris equities soared over three percent in value after similar stellar gains in Tokyo, while London won two percent. Central banks across the world...
  • RWE of Germany signs US$6.8bn US clean energy deal

    RWE is one of Germany's main energy providers, with production historically linked to coal, which placed it among the country's largest CO2 polluters. The group has accelerated its diversification into renewables in recent years.
  • ‘Nord Stream 2 pipeline has stopped leaking gas’

    The Nord Stream 2 pipeline is no longer leaking under the Baltic Sea because an equilibrium has been reached between the gas and water pressure, a spokesman said. "The water pressure has more or less closed the pipeline so that the gas which is inside can't go out," Nord Stream...
  • Morocco tells Adidas to withdraw Algeria jersey design

    Taking offense at what it calls "cultural appropriation", Morocco has asked Adidas to cancel newly designed footfall tops for Algeria. A lawyer for Morocco has demanded the withdrawal within two weeks of the Algerian sports top it claimed was "inspired by the art" of Moroccan zellige.
  • Fourth leak detected at Nord Stream pipelines in Baltic Sea

    A Swedish Coast Guard official said that there are two leaks on the Swedish side and two leaks on the Danish side. The official added that the two leaks on the Swedish side are "close to each other". The Swedish coast guard could not immediately say why the latest leak...
  • Jordan, Germany discuss scientific research, ties in water sector

    Jordan's The Royal Scientific Society (RSS) and the Princess Sumaya University for Technology (PSUT) discussed with the German Research Foundation (DFG) prospects of scientific and research ties in the water sector.
  • Porsche, luxury carmaker with storied history

    The Porsche-Piech family are the main shareholders of the Volkswagen group, and have roots in Germany's auto industry stretching back decades. An Austrian-born engineer, Ferdinand Porsche was founder of the luxury car brand that bears his name. In addition, he created the Volkswagen Beetle and designed the iconic, open-top Mercedes-Benz...
  • Germany vows to protect its SMEs from energy crisis

    The German economy, like the economy of the vast majority of European countries, faces major challenges due to the Russian military operation in Ukraine, with Moscow suspending energy supplies to Ukraine's allies
  • German chancellor says Qatar rights improving

    Applauding Qatar's rights record, Germany's Chancellor Olaf Scholz said that the gas-rich country has made progress on "questions that have long been debated, for example on the situation of workers. He was speaking to reporters after talks with the emir of Qatar Sheikh Tamim bin Hamad Al-Thani.
  • GHD, Fraunhofer–Gesellschaft to help develop UAE hydrogen policy

    The Ministry of Energy and Infrastructure (MoEI) of UAE announced that it had signed an agreement with GHD Group, in partnership with the Germany-based Fraunhofer--Gesellschaft, to develop its National Hydrogen Strategy.
  • UAE to provide Germany gas, diesel under ‘energy security’ deal

    As part of the deal, the UAE will provide "an LNG cargo for delivery in late 2022, to be used in the commissioning of Germany’s floating LNG import terminal at Brunsbuettel", a North Sea port. UAE state oil company ADNOC completed its first ever direct diesel delivery to Germany earlier...
  • German bakeries struggle to survive as costs spiral

    Germany's center-left government has announced relief measures worth almost 100 billion euros to tackle inflation, but small businesses have so far been largely excluded from the help.
  • German Chancellor in Saudi Arabia on energy hunt

    German Chancellor Olaf Scholz arrived in Saudi Arabia at the start of a two-day Gulf tour, in the hope of sealing new energy deals with the fossil fuel exporters. Scholz, accompanied by a sizeable industry delegation, was received at Jeddah airport by Mecca region's governor Prince Khalid bin Faisal Al...
  • Israel PM: World must use force if Iran builds nuclear bomb

    For the past 10 days, various officials have suggested the deal - which US then-president Donald Trump scrapped in 2018 - might not be renewed until at least mid-November, a deadline that Lapid has tried to use to push the West to impose a tougher approach in their negotiations.
  • Ukraine suffered nearly $1 trillion in losses since Russian invasion

    The figure was equivalent to five times Ukraine's annual GDP before the invasion in February, Oleg Ustenko, economic advisor to President Volodymyr Zelensky, said at an event hosted by the German Council on Foreign Relations in Berlin.
  • Europe throws billions at energy crisis

    Hundreds of billions of euros and counting have been shelled out so far since Russia invaded its pro-Western neighbor in late February. Governments have gone all out: from capping gas and electricity prices to rescuing struggling energy companies and providing direct aid to household to fill up their cars.
  • German chancellor to visit Saudi seeking energy support

    Scholz, whose two-day trip next weekend will also take him to Qatar and the United Arab Emirates, becomes the latest Western leader to meet with the Crown Prince Mohammed bin Salman. In July, French President Emmanuel Macron held talks with the crown prince in Paris, and US President Joe Biden...
  • Germany seizes Rosneft’s subsidiaries

    Berlin took control of the German operations of Russian oil firm Rosneft to secure energy supplies which have been disrupted after Moscow invaded Ukraine. Rosneft's German subsidiaries, which account for about 12 percent of oil refining capacity in the country, were placed under trusteeship of the Federal Network Agency, the...
  • Rosneft H1 net profit up 13%

    The energy giant's H1 net profit rose to $7.2 billion.
  • Egypt looks to regain its glorious past

    As Cairo gears up to open "the largest archaeological museum in the world," Egypt's former antiquities minister Zahi Hawass said he will soon demand the return of its greatest lost treasures.
  • Drop in German investors confidence sparks recession fear

    BERLIN, GERMANY - German investor confidence fell in September for a third straight month, a closely watched survey showed on Tuesday, fueling fears of a looming recession in Europe's biggest economy. The ZEW institute's economic expectations index dropped 6.6 points from the previous month to minus 61.9 points, as soaring...
  • Stock markets rally, as euro briefly surges

    Stock markets rallied Monday, building on pre-weekend momentum as investors priced in the expectation of further interest rate hikes aimed at taming decades-high inflation. The euro surged, a day after German central bank chief Joachim Nagel signaled that the European Central Bank (ECB) would probably continue raising its key rate.
  • Germany regrets Iran failure to agree to nuclear deal

    German Chancellor Olaf Scholz said Iran has failed to agree to proposals from European countries on reviving a deal on restricting its nuclear program, warning this would derail any accord in the near future. Meanwhile Israeli Prime Minister Yair Lapid visited Germany to persuade Western powers to ditch the pact...
  • UN urges EU against fossil fuels in energy crisis

    The UN urged EU countries on Monday to continue battling climate change and not resort to more fossil fuels in their response to soaring energy prices and fears of winter shortages. Russia has reduced supplies of gas to Europe since its invasion of Ukraine, sending prices for the fuel soaring.
  • Israel PM arrives in Berlin for fresh pitch against Iran deal

    Momentum that built towards a restored agreement last month appears to have slowed, after the three European nations party to the agreement Germany, France and Britain on Saturday raised "serious doubts" about Iran's sincerity in restoring the deal.