China’s biggest electric-car maker will gain a stock market listing in an asset swap valuing the state-backed manufacturer at 28.8bn yuan ($4.5bn) and giving investors a bigger chance to participate in the world’s largest market for new-energy vehicles.
Sanofi is making big deals again, as chief executive Olivier Brandicourt agreed to pay $11.6bn for a Biogen Inc spinoff a little more than a year after his last takeover attempt floundered.
American International Group Inc, emerging from years of retrenching after its near demise in the financial crisis, agreed to buy Bermuda reinsurer Validus Holdings Ltd for about $5.56bn in cash.
Qatar Chamber has recorded a 13.4% increase in the number of registered companies in Qatar from 12,910 in 2016 to 14,639 last year.
Startups and small and medium-sized enterprises (SMEs) in Qatar stand to gain from the series of workshops being organised by the Ministry of Transport and Communications ..
The recent strong rally in global benchmark oil futures paused last week, bringing to an end a four-week period of gains which had seen prices rise by more than 10% since December.
The Qatar Finance and Business Academy (QFBA) recently organised a congratulatory event for the first cohort of senior Qatari executives in its pioneering ‘Future CEO’ (FCEO) programme.
Most Middle Eastern stock markets fell yesterday with Saudi Arabia pulling further away from a major resistance level, although a surge by fuel distributor Adnoc Distribution buoyed Abu Dhabi.