INSEAD Day 4 - 728x90

Global

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.

Zelenskyy in Saudi Arabia to discuss war; meets Mohammed bin Salman

RIYADH, SAUDI ARABIA - President of Ukraine Volodymyr Zelenskyy and his accompanying delegation arrived here on Tuesday. The Ukrainian President...

Geostrategy

British lawmaker suspended over ‘Islamophobic’ comments

London, UK - Britain's ruling Conservatives on Saturday suspended their former deputy chairman from the parliamentary party, after he refused to...

Geostrategy
Economy

IMF expects to cut global growth forecast due to Ukraine war

The IMF in January cut the global growth forecast for 2022 to 4.4 percent due to the Omicron variant of...
  • Russia’s invasion of Ukraine, and sanctions that include a US ban on Russian oil imports, are spilling over to the global economy
  • These are causing costs for energy and other key commodities like wheat, fertilizers and metals to surge, the IMF has said
Economy

Ukraine war affects green energy transition

The EU, IEA, and NGOs stress that the development of renewable energy sources and biogas must be accelerated.
  • The global demand for the dirty fossil fuel reached a historic high in 2021 as several countries including China prefer it to pricier gas
  • Some countries could burn coal for longer, using it to transition to renewable energy sources without passing through a gas-power phase
Geostrategy

Pressure mounts on Russia as it ravages Ukraine

Video shared from a children’s hospital in Mariupol hit by shelling showed a scene of complete devastation, with the wounded...
  • A local official said the attack wounded at least 17 staff, though no deaths were immediately reported
  • Russia did not deny the attack, but accused Ukraine of using the hospital to set up firing positions from the hospital
Geostrategy

Britain urges all G7 members to ban Russia oil imports

The US has led a Western assault on Russia's economic lifeline by banning imports of oil and gas followed by...
  • The British foreign secretary, standing alongside US Secretary of State Antony Blinken, hailed transatlantic unity against Russia
  • Blinken called absurd and offensive the Russia proposal of safe passage of Ukrainians through its own territory
Geostrategy

How Russian ‘safe corridors’ worked in bitter Syria war

Russia's offer of "humanitarian corridors" for civilians to flee the Ukrainian cities it has besieged is a well-tried approach Moscow adopted...
  • In those evacuations, Russia backed Syria's regime in pummelling rebel-held enclaves, before it brokered "safe corridors" and exit deals for civilians
  • Russia entered Syria's war in 2015 on the side of President Bashar al-Assad's regime, overseeing controversial evacuations of more than 200,000 people
Economy

Protests rock Iraq’s southern area as food prices surge

Protests erupted Wednesday in Iraq's impoverished south over a rise in food prices that officials attributed to the conflict in...
  • The price of cooking oils and flour have skyrocketed in local markets as government officials have sought to address growing anger.
  • More than 500 protesters gathered in a central square in the southern city of Nasiriyah opposing the unchecked rise in food prices.
Economy

Tunisia to initiate harsh action against food speculators

Tunisian President Kais Saied declared war Wednesday on food speculators amid a shortage of products such as wheat and semolina...
  • Russia's invasion of Ukraine has threatened supplies of basic foodstuffs, particularly wheat
  • Tunisia has seen a sharp shortage in staples such as rice, semolina, sugar and flour over the past weeks
Geostrategy

Israel gives financial guarantees for its flights to Russia

Israel was poised Tuesday to extend financial guarantees for its airlines to fly into Russia, raising criticism in Kyiv as...
  • The $2 billion guarantee had been set to expire on March 9
  • A misunderstanding over Israel's continued flights into Russia caused a diplomatic flap
Geostrategy

Iran awaits ‘details’ of Russian demands on nuclear deal

Iran said Monday it was awaiting "details" on Russia's demands for US guarantees that could potentially delay reaching an agreement...
  • Russia's Foreign Minister Sergei Lavrov said on Saturday that Moscow wants written guarantees from Washington
  • The country has been slapped with wide-ranging economic sanctions by the US and the EU following its invasion of Ukraine
Geostrategy

UAE dispatches 30 tonne of aid to war-torn Ukraine

The United Arab Emirates said it flew 30 tonnes of aid and medical supplies to Poland for transportation to war-torn...
  • More than 1.5 million people have fled across Ukraine's borders in over a week of attacks from air, land and sea
  • The UAE last month abstained from a UN Security Council draft resolution condemning Russia's invasion

Zelenskyy in Saudi Arabia to discuss war; meets Mohammed bin Salman

RIYADH, SAUDI ARABIA - President of Ukraine Volodymyr Zelenskyy and his accompanying delegation arrived here on Tuesday. The Ukrainian President...
Geostrategy

Company News

Latest News

EU chief wants global experts panel to confront AI challenges

Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific...
Geostrategy

Normalization of Israeli-Saudi ties hit Palestine, security barriers

Despite Israel's strong determination and increasing US mediation efforts, the establishment of diplomatic relations between Tel Aviv-Riyadh still face serious...
Geostrategy

WFP warns fund cuts could push 24m people to brink of starvation

Geneva, Switzerland - The World Food Program said Tuesday that shrinking funding was forcing it to drastically slash rations in many...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Business

ENEC inks MoU with OSGE

Aim is to help in decarbonization of the Polish power sector.
  • One of the aims of the agreement is exploring opportunities to invest in Small Modular Reactors.
  • Nuclear energy is recognised by both the UAE and Poland as an essential clean energy resource.
Geostrategy

IsDB to finance projects worth US$800m in member states

JEDDAH, SAUDI ARABIA - The Board of Executive Directors (BED) of the Islamic Development Bank (IsDB) approved to finance projects...
  • The aid will contribute to ameliorate the socio-economic challenges faced by the people and will help in achieving significant SDG targets.
  • IsDB had made an emergency intervention to support the communities affected by the conflict in Sudan.
Geostrategy

Countries must cooperate to battle sandstorm threat, say UN, Iran

Countries in the Middle East, Africa and Asia must work together to combat sand and dust storms made increasingly severe...
  • According to meteorologists, sand and dust storms are expected to increase in countries most vulnerable to climate change.
  • Iran, co-organizer of the two-day gathering, is one country where such storms are increasingly numerous.