INSEAD Day 4 - 728x90

Economy

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.

Scientists train AI model to predict future illnesses

Paris, France - Scientists said Wednesday that they had created an AI model able to predict medical diagnoses years in...

Science

Turkey cuts interest rate again as inflation eases

Turkey's central bank on Thursday cut its policy interest rate for a second meeting in a row as the country's...

Economy
Business

Real estate trading volume in Qatar exceeds US$88m in week

DOHA, QATAR - The volume of real estate trading in sales contracts at the  Department of Real Estate Registration at...
  • Total sales contracts for residential units in the Real Estate Bulletin for the same period is US$19.7 million.
  • A weekly bulletin shows that the list of real estate properties traded for sale included vacant lands, houses, hotel.
Economy

Africa’s exports expected to hit close to $1 trillion by 2035: Standard Chartered

Marrakesh, Morocco – Africa’s total exports will reach $952 billion by 2035 and the African Continental Free Trade Area (AfCFTA),...
  • Rising regional trade levels and greater connectivity will unlock high‑growth corridors across Africa and beyond, the Stanchart report says
  • The East Africa-South Asia corridor is expected to emerge as the fastest-growing major corridor, at 7.1 per cent per annum through to 2035, the report adds
Economy

Activists term IMF, World Bank ‘worst scam of the century’

Activists from developing nations belonging to a group called People's Alternative Global Tribunal organized themselves in the Moroccan city as...
  • They blamed both the institutions for pursuing an economic model that favours political and financial elites
  • The International Monetary Fund and World Bank are holding their first annual meeting in Africa in half a century
Economy

US wholesale prices rise more than expected in September

Washington, United States - US wholesale prices rose more than expected in September, government data showed Thursday, as energy prices continued...
  • The producer price index (PPI) rose by 0.5 percent last month, building on August's 0.7 percent increase, according to data from the Labor Department.
  • The US Federal Reserve has raised its key lending rate 11 times in the last 18 months to a 22-year high as it looks to bring down consumer inflation.
Economy

IMF slashes its growth forecast for China and eurozone

Marrakech, Morocco-- The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro zone and said...
  • The IMF left its forecast for global real GDP growth in 2023 unchanged at 3.0% but cut its 2024 forecast to 2.9% from its July forecast of 3.0%.
  • Its research revealed a 10% rise in oil prices would dampen global output by about 0.2% in the following year and boost global inflation by about 0.4%
Economy

One dead as new earthquake rocks west Afghanistan

According to the United States Geological Survey, the quake occurred at a shallow depth at around 05:10 am local time...
  • So far there have been no immediate reports of new casualties after Wednesday's quake
  • Most homes in rural Afghanistan are made of mud and built around wooden support poles
Economy

UAE to sign six more CEPAs by year end: Al Zeyoudi

Dubai, UAE--The UAE will sign six new comprehensive economic partnership agreements (CEPA) with South Korea, Thailand, Chile, Costa Rica, Colombia,...
  • The minister made the remarks about the new CEPA agreements during a press conference to announce the UAE-Georgia CEPA
  • He added that agreements will be signed with South Korea, Thailand, Chile, Costa Rica, Colombia, and Ukraine in the next few months
Economy

Saudi non-oil GDP growth to be strong despite oil cuts

Tourism and entertainment sectors are likely to help Saudi Arabia's non-oil GDP grow robustly in the coming years, despite a...
  • Tourism and entertainment sectors are likely to help Saudi Arabia's non-oil GDP grow robustly in the coming years, despite a 6.5% drop in oil production, says a report
  • The World Bank, meanwhile, revises the Kingdom's growth forecast, highlighting challenges in the broader MENA region due to global financial conditions and inflation
Economy

‘Qatar is a role model in security, sustainable tourism’

"The country's experience in securing the FIFA World Cup Qatar 2022 was noteworthy. The nation's success in this significant challenge...
  • The third Arab Tourism Security Forum focuses on green tourism, governance, and digital transformation
  • Arab tourism sector recovers post-pandemic with a 15% increase in inbound tourism, highlight experts
Business

Yellen urges more IMF, World Bank reforms for climate, poverty fight

Benguerir, Morocco - US Treasury Secretary Janet Yellen said on Tuesday she backed efforts to boost the lending firepower of the...
  • Yellen said the World Bank's board of governors will endorse at this week's meetings in Marrakesh a new vision to "end poverty on a livable planet"
  • "It has become common sense that addressing climate change and other global challenges is key to achieving development," she said

Scientists train AI model to predict future illnesses

Paris, France - Scientists said Wednesday that they had created an AI model able to predict medical diagnoses years in...
Science

Company News

Latest News

Non-oil sectors drive robust growth in GCC countries, says World Bank report

While developing countries paid a record US$1.4 trillion to service debts, the non-oil sectors in the GCC countries are fueling...
Economy

Desertification talks open in Saudi Arabia as experts fire warning

UN talks aimed at halting the degradation and desertification of vast swathes of land start in Saudi Arabia. Forest loss...

How city governments can foster tech-sector growth without breaking the bank

City governments are usually equipped to promote their cities through websites, newsletters, communications, as well as hosting delegations visiting from...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Car-centric Saudi to open first part of Riyadh Metro

Riyadh, Saudi Arabia - Saudi Arabia announced Wednesday it is ready to open the first part of the Riyadh Metro,...
  • Services will be provided by 183 trains with 448 carriages manufactured by Siemens of Germany, Bombardier of Canada and Alstom of France
  • The official Saudi Press Agency published a photograph of King Salman, who served as governor of Riyadh for nearly half a century, formally declaring that the project open

Trump’s tariff threats stoke global fears, prompting retaliation warnings from allies and rivals

US President-elect Donald Trump's sweeping tariff plans target Canada, Mexico, and China, raising fears of a global trade war, with...
  • The president-elect on Monday placed both allies and rivals on notice, vowing to quickly slap 25% on Canada and Mexico, and add a 10 percent tariff on China
  • Following through on that threat or his campaign promise of a 10 percent levy on all US imports - will have ripple effects across the global economy, analysts say

What is the gig economy and what’s the deal for gig workers?

The rise of the gig economy has led to significant shifts in employment, with workers increasingly balancing multiple income streams....
  • The gig economy uses digital platforms to connect freelancers with customers to provide short-term services or asset-sharing
  • For millions of people, working nine-to-five for a single employer or being on the payroll is no longer a reality