INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

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.

Saudi Arabia, Qatar, six others accept Trump ‘Board of Peace’ invite: statement

A man carries jerrycans past tents erected next to rubble in Gaza City on January 20, 2026.
  • Invites were sent to dozens of world leaders with a request for one billion dollars for a permanent seat on the board
  • Although originally meant to oversee Gaza's rebuilding, the board's charter does not seem to limit its role to the Strip

Riyadh, Saudi Arabia – Saudi Arabia and seven Muslim-majority countries including Gaza mediators Qatar and Turkey have agreed to join US President Donald Trump’s “Board of Peace”, the Saudi foreign ministry said on Wednesday.

In a joint statement, Riyadh announced the “shared decision” of the foreign ministers of Saudi Arabia, Qatar, Turkey, Egypt, Jordan, Indonesia, Pakistan, and the United Arab Emirates to join the body to be chaired by Trump, saying they supported his “peace efforts” on the Gaza conflict.Invites were sent to dozens of world leaders with a request for $1 billion for a permanent seat on the board. The Saudi statement did not mention payment.

Although originally meant to oversee Gaza’s rebuilding, the board’s charter does not seem to limit its role to the Strip and appears to want to rival the United Nations, sparking the ire of some US allies including France.

The move also comes at a time of tension between the UAE and Saudi Arabia.

Both have sought to curry favour with the Trump administration with pledges of investment and business deals.

France has indicated it will not join the board but Israeli Prime Minister Benjamin Netanyahu has accepted an invite, his office said on Wednesday.

However, he has objected to the inclusion of Turkish Foreign Minister Hakan Fidan and Qatari diplomat Ali Al-Thawadi on a “Gaza Executive Board” operating under the body.