AstraZeneca has made a non-binding offer of about $10 billion for Rhythm Pharmaceuticals, Reuters reports. Rhythm’s latest results show the attraction of its rare-obesity franchise, but milestone payments complicate the headline price.
Major international companies in various sectors around the world announced the suspension of their activities in Russia due to its military intervention in Ukraine. During the past week, many sectors in Russia
The Lebanese Ministry of Economy warned, on Saturday, against monopolizing foodstuffs, against the backdrop of the continuing crisis between Russia and Ukraine, and its repercussions on the country’s food security. Earlier on
The main stock exchanges in the Gulf region closed on Sunday, with a strong decline, with the exception of Oman, under pressure from low oil prices and growing concerns about the “Omicron”
Tech. Analyst ‘5Jewels Research’ has said that today’s announced Govt. of India’s (GoI) incentive support for Electronic-Semiconductor Manufacturing to the tune of $30 B along with GoI decision to set up India
The decision of the Lebanese Minister of Labor, Mustafa Bayram, regarding the professions that should be restricted to the Lebanese, sparked widespread controversy, after excluding in the second article of the decision
After the withdrawal of foreign forces led by the United States from Afghanistan, Kabul’s interest in the underground wealth owned by the country increased, with the increasing interest of several countries to
The shares of the Saudi “Tadawul” company, the operator of the local stock exchange, jumped, on Wednesday, by more than 10 percent on its first trading day in the stock market. And
Dubai, United Arab Emirates: Cryptocurrencies seem to be the flavour of the season as increasingly more people around the world are embracing them; sometimes even abandoning their traditional avenues like Equity, Gold, etc.
The Emirates airline announced, on Sunday, ponement of the launch of its direct flights, which were scheduled for December 6, to Tel Aviv Airport until further notice. A spokesman for the wholly-owned
An economic report showed that the profits of the Gulf companies listed in the capital markets increased during the third quarter of 2021, by 123.4%, amid the recovery from the repercussions of
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