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.

WTO ministers struggle to forge deals as talks go into overtime

ABU DHABI, UAE – World trade ministers were locked in disagreement Thursday on fisheries subsidies, agriculture and digital customs duties as...

Geostrategy

Goldman Sachs, Mubadala ink pact

The two firms have signed a $1 billion private credit deal.

Business
Business

GCC airfares soar as oil prices rise

The amplifying factors include sanctions against Russia’s aviation sector, which cast a global pall over the aviation industry.
  • Several Arab airlines have decided to raise the prices of their tickets slightly
  • Kuwait’s Jazeera Airways increased fares to all destinations from March 7
Geostrategy

Arab Parliament hails EU decision to sanction Houthi group

The Arab Parliament (AP) welcomed the decision by the Council of the European Union to include the Houthi terrorist militia...
  • The Council’s amended regulation follows the recent UN Security Resolution which designates Houthis a terrorist group for the first time
  • The Arab Parliament affirmed that this decision is an important step to put an end to the terrorist acts carried out by the Houthi coup militia
Geostrategy

Ukraine offers dialog as Russia continues urban attacks

Ukraine's leader Volodymyr Zelensky made a fresh appeal for talks with Moscow on Saturday, even as the two sides have...
  • Russia's offensive remains largely stalled, with troops about 30 kilometers east of the capital Kyiv and facing heavy resistance
  • They had made no further progress into Kharkiv, which they have encircled, and Ukrainians were also defending Chernihiv
Economy

Russian wheat flour supply to Palestine to resume

The Palestinian Authority is already engaged in ongoing national efforts to diversify international markets that supply Palestine with basic commodities.
  • About 15,000 tons of Russian wheat flour are scheduled to arrive in Palestine by the end of this month
  • This comes despite the current Russian-Ukrainian crisis and its effects on global supply chains, especially food
Economy

Ukraine conflict could cut global economic growth by one point: OECD

Those countries "that have a common border with either Russia or Ukraine" would be particularly affected, while bearing the brunt...
  • Growth in the eurozone risked being cut by up to 1.4 percentage points, according to the OECD.
  • It also warned against the risk of a "sharp increase in poverty and hunger", particularly in developing economies.
Geostrategy

COVID cases increasing once again, especially in parts of Asia: WHO

After several weeks of declines, reported cases of COVID-19 are once again increasing globally, especially in parts of Asia, WHO...
  •  In the past week, the agency has seen an 8 per cent increase in detection of COVID-19 cases, with more than 11 million positive test results.
  • In the last 30 days of more than 400,000 sequences sampled, 99.9 percent are Omicron, and 75 percent correspond to the BA.2 variant..
Geostrategy

Number of Italy bound under-18 Tunisian migrants quadruples in four years

A record number of irregular migrants under 18 years old reached Italy from Tunisia last year, more than quadrupling in...
  • Tunisia has become a major conduit for migrants seeking to reach European shores, particularly the Italian island of Lampedusa.
  • Some 2,731 minors completed the journey last year, up from 561 four years earlier, a Tunisian social group reported.
Arts & Culture

Ukraine invasion shows democracy is shaking: Artist

What Ai Weiwei calls the current "crisis of human rights and freedom of speech" is portrayed in a life-size replica...
  • He was speaking at the Albertina Modern gallery where the show, "In Search of Humanity", opens Wednesday.
  • The new exhibition, which he described as "critical and radical", displays several works that are responses to the experiences of those fleeing war and persecution.
Economy

IEA cuts oil demand outlook, fears Russia supply ‘shock’

The International Energy Agency cut its world oil demand forecast for 2022 on Wednesday, warning that sanctions against Russia over...
  • Russia, the world's biggest exporter of oil, has been hit with a slew of international sanctions over the war in Ukraine, which sent oil prices soaring.
  • While the measures exclude the energy market, the IEA said major oil companies, trading houses, shipping firms and banks have "backed away from doing business with the country".
Geostrategy

Promote bicycles to combat climate change: UN

It calls on member states to "integrate the bicycle into public transportation, in urban and rural settings in developing and...
  • The resolution, proposed by Turkmenistan, was passed unanimously and like all General Assembly resolutions is non-binding.
  • The resolution encourages member states to "give special attention to cycling in cross-cutting development strategies, including bicycle sharing services,"

WTO ministers struggle to forge deals as talks go into overtime

ABU DHABI, UAE – World trade ministers were locked in disagreement Thursday on fisheries subsidies, agriculture and digital customs duties as...
Geostrategy

Company News

Latest News

Biden pledges to extract ‘costs’ from Iran despite prisoner swap

NEW YORK, US- President Joe Biden said the United States would keep piling "costs" on Iran despite a prisoner swap deal...
Geostrategy

WHO tells China to provide ‘full access’ to Covid investigators

GENEVA, SWITZERLAND - The head of the World Health Organization told the Financial Times he was ready to send a new...
Geostrategy

Saudi Arabia participates in global meet to bridge digital divide

RIYADH, SAUDI ARABIA – The Kingdom’s Governor of the Communications, Space and Technology Commission (CST) Dr. Mohammed Saud Al-Tamimi participated...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Geostrategy

Israel accounts for 46 percent of global Jewish population

TEL AVIV, ISRAEL – The total global Jewish population rose to 15.7 million over the last year, while the number...
  • Data showed that the global Jewish population grew by some 100,000 over the past year.
  • The US has the second-largest Jewish population in the world, after Israel, - at 6.3 million.
Geostrategy

Diverse business models needed for trade with China, say Union of Arab Chambers

BEIRUT, LEBANON – The secretary general of the Union of Arab Chambers has called for diversified business models to facilitate...
  • The secretary general of the Union of Arab Chambers said there was a rise in the variety of goods traded between China and the Arab world in recent years.
  • Arab nations and China cannot simply rely on the traditional pattern of cooperation that emphasizes on imports and exports of products.
Geostrategy

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...
  • Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific consensus on climate change.
  • The EU is leading the charge on regulating AI, and aims to green light what would be the world's first law covering the technology by the end of the year.