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.

Saudi Tourism Authority, Trip.com Group sign global agreement

BERLIN, GERMANY – Saudi Tourism Authority (STA) and Trip.com Group have announced a significant global partnership, which will drive greater...

Business

European Union slaps $1.9bn fine on Apple over violation of rules

Brussels, Belgium - The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's...

Business
Geostrategy

Russian agricultural products embargo to cause food crisis, says UN

Russian fertilizers and agricultural products must be able to reach world markets "unimpeded" or a global food crisis could strike...
  • UN said it is important that all governments and the private sector cooperate to bring Russian agricultural products to market
  • The UN chief vowed that his organization would try to "step up" grain exports from Ukraine before the onset of winter
Geostrategy

Erdogan supports Ukraine, warns of ‘another Chernobyl’

The Turkish leader met his Ukrainian counterpart Volodymyr Zelensky in Lviv just two weeks after flying to Sochi for talks...
  • Erdogan said that NATO member Turkey remained firmly on Ukraine's side in the conflict.
  • His talks with Zelensky and visiting UN chief Antonio Guterres came with global alarm rising about fighting that has raged around Ukraine's Zaporizhzhia nuclear power plant.
Economy

UAE scores high in 11 best expatriate destination parameters: Survey

The UAE has exceeded international figures in 11 indexes on the best expatriate destinations based on various factors, which include...
  • German research firm InterNations said UAE achieved advanced positions in four key pillars and 11 indexes, out of five pillars and 17 indexes.
  • About 94 percent of those surveyed felt safe in the UAE while the global rate was under 81 percent.
Geostrategy

US, Russia explore prisoner swap including arms dealer, athlete

Last weekend Bill Richardson, a former US ambassador to the UN who has negotiated the release of several Americans held...
  • 31-year-old Brittney Griner was in Russia to play for a basketball team during her off-season, when she was charged with smuggling narcotics
  • Viktor Bout was arrested in Thailand in 2008 and extradited to US, where in 2012 he was sentenced to 25 years prison on charges of arming rebels
Geostrategy

Russia, Ukraine blame each other for striking N-plant

Kyiv and Moscow accused each other on Saturday of striking the Zaporizhzhia nuclear plant in southeastern Ukraine, which has been...
  • The plant Zaporizhzhia is under Russian control since March, with Ukraine accusing Moscow of basing hundreds of soldiers and storing arms there.
  • Kyiv and Moscow have traded several accusations over multiple rounds of shelling on the plant this month, raising fears of a nuclear catastrophe
Economy

Saudi Arabia allows holders of all types of visas to perform Umrah

The ministry stated that those who qualify to perform Umrah also include holders of US, UK and Schengen visas
  • The ministry stated that those who qualify to perform Umrah also include holders of US, UK and Schengen visas.
  • The system allows people to obtain a tourist visa, valid for a period of 12 months, upon arrival at one of the Saudi airports
Geostrategy

UN rights chief calls killing of Palestinian children ‘unconscionable’

Of the 360 Palestinians reported injured, nearly two-thirds were civilians, including 151 children, 58 women and 19 older people, OHCHR...
  • "Inflicting hurt on any child during the course of conflict is deeply disturbing," said Michelle Bachelet, the UN high commissioner for human rights.
  • Her office said that 19 Palestinian children had been killed in the Palestinian territories in the recent unrest, taking the total number this year to 37.
Economy

Global stock markets retreat on eve of US inflation data

If the official consumer price data Wednesday come in above analysts' forecasts, the markets could see a sharp sell-off, analysts...
  • Federal Reserve officials in recent days have stressed that more hikes are coming to tame soaring inflation
  • Oil prices reversed some of the prior day's gains and remain around six-month lows as recession fears mount
Economy

WUWM Abu Dhabi 2022 to discuss global food chain

The World Union of Wholesale Markets (WUWM) Conference 2022, which will be held in the Middle East for the first...
  • The World Union of Wholesale Markets (WUWM) Conference 2022 will be held in the Middle East for the first time
  • As the world’s largest network of wholesale markets, WUWM represents the industry’s most significant suppliers of fresh food
Geostrategy

UN chief calls for global nuclear disarmament

It is totally unacceptable for states in possession of nuclear weapons to admit the possibility of a nuclear war, United...
  • The UN Secretary-General warned that a new arms race is picking up speed and world leaders are enhancing stockpiles at a cost of hundreds of billions of dollars
  • Guterres called the current Review Conference of the Treaty on the Non-Proliferation of Nuclear Weapons in New York a "sign of hope".

Saudi Tourism Authority, Trip.com Group sign global agreement

BERLIN, GERMANY – Saudi Tourism Authority (STA) and Trip.com Group have announced a significant global partnership, which will drive greater...
Business

Company News

Latest News

195 die in Israel strikes on Gaza camp, hundreds wounded

The Hamas government in Gaza said that 195 people had been killed in Israeli strikes this week on Jabalia refugee...
Geostrategy

Drought forces Panama Canal operator to cut ship traffic

Panama City, Panama - The operator of the Panama Canal, the passageway for cargo ships between the Atlantic and Pacific oceans,...
Business

Nordic countries announce deal to strengthen repatriation of refugees

COPENHAGEN, DENMARK - Nordic migration and justice ministers on Tuesday announced a deal to strengthen efforts for migrants to return to...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Geostrategy

COP28 wide open to private sector, says climate talks chief

ABU DHABI, UAE -  Upcoming UN climate talks in Dubai will be open to the private sector on an unprecedented scale,...
  • Sultan Al Jaber, the COP28 president has consistently tried to frame the climate crisis as an economic opportunity.
  • He said about 70 ministers and 100 delegations are attending the two-day talks, more than double the usual number.
Economy

Federal Reserve likely to pause interest rate hikes

The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as it looks...
  • Interest rate hikes slow down inflation by raising the cost of borrowing from the bank, which dampens economic activity and weakens the labor market.
  • Since peaking at more than seven percent in June last year, inflation as measured by the Fed's favored yardstick has fallen by more than half.
Geostrategy

Iran, Russia to invest $38bn in developing INSTC

TEHRAN, IRAN – The Iranian head of Solyanka Port in Russia said that the International North-South Transport Corridor (INSTC) is a...
  • The Iranian head of Solyanka Port spoke of the measures taken by the Islamic Republic of Iran Shipping Line (IRISL ) to develop the INSTC route.
  • The IRISL group purchased 30 rail wagons, 5,400 containers and ordered the construction of 21 equipped vessels for strengthening maritime routes.