INSEAD Day 4 - 728x90

geostrategy

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.
  • King of Morocco extends olive branch to Algeria

    Morocco's King Mohammed VI used an address on Saturday to "once again" reiterate his openness to restoring ties with Algeria, which broke off diplomatic relations with Rabat last year.
  • Swedish national arrested for alleged espionage, says Iran

    Iran said it had arrested a Swedish national on allegations of espionage, while Sweden's foreign ministry said the case related to an arrest previously revealed in May.
  • Lebanon seizes Syrian ship with ‘illegal’ Ukrainian grain

    A Lebanese prosecutor ordered the seizure Saturday of a Syrian-flagged ship that docked at a northern port with a cargo of Ukrainian grain Kyiv's embassy in Beirut said was "illegal".
  • No plan to leave Iraq’s parliament, say pro-Sadr protesters

    Supporters of Iraqi cleric Moqtada Sadr penetrated Baghdad's heavily fortified Green Zone on Saturday, occupying parliament with no plan to leave. It is the second time in days that Sadr supporters have forced their way in to the legislative chamber, months after elections that failed to lead to formation of...
  • Egypt warns Ethiopia against filling up of Renaissance Dam

    Egypt has warned Ethiopia against the filling of the Grand Ethiopian Renaissance Dam (GERD) reservoir, saying that it would not tolerate any encroachment on its water rights or threat to its water security.
  • US seeks to douse hostility with China over Pelosi’s Taiwan trip

    President Joe Biden's administration tried Friday to defuse heated Chinese warnings against a possible trip to Taiwan by US House Speaker Nancy Pelosi, as Beijing announced live-fire military drills in the Taiwan Strait.
  • Blinken and Lavrov hold ‘frank’ first talks since start of war

    The top diplomats of the United States and Russia spoke Friday for the first time since the Ukraine war, with Secretary of State Antony Blinken describing a "frank" exchange as he pushed to free two Americans. Blinken initiated the call with Foreign Minister Sergei Lavrov, whom he had shunned a...
  • Tunis summons US envoy over criticism of constitutional vote

    Tunisia's foreign ministry summoned the US charge d'affaires on Friday to denounce "unacceptable" statements by American officials criticising this week's constitutional referendum and the country's political development. The ministry said in a statement that it had called Natasha Franceschi, currently the top official at the US embassy, to its headquarters...
  • Egypt protests Ethiopia plans to fill reservoir for third year

    Egypt said it had protested to the UN Security Council Friday against Ethiopian plans to fill the reservoir of a controversial Nile dam for a third year without agreement from downstream countries. The multi-billion dollar Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile is set to be the largest...
  • Islamic Development Bank approves $10.54bn food security package

    The Islamic Development Bank (IsDB) Group has agreed on a $10.54 billion package for the Comprehensive Food Security Response Program (FSRP) that will support member countries in addressing the ongoing food crisis and increase the group's ongoing efforts to contribute to strengthening its members' resilience to future food security problems....
  • Germany’s economic model wobbles amid energy crisis

    Germany's second-quarter growth figures to be published on Friday are expected to be meek as the outlook for Europe's largest economy is clouded by the fallout from Russia's war in Ukraine. A recession in the months to come has a growing sense of inevitability about it, observers say. And it...
  • Pfizer profit up 78% in June quarter

    The company's earnings jumped on strong sales of Covid19 products.
  • Macron welcomes Saudi Crown Prince, two discuss energy supply

    French President Emmanuel Macron on Thursday warmly welcomed Saudi Arabia's Crown Prince Mohammed bin Salman for talks in Paris, with the two men enjoying a warm handshake that they emphasised by using all four hands. Prince Mohammed arrived in France following a visit from US President Joe Biden to Riyadh...
  • More protests or fresh polls? Iraq mulls political paralysis

    The storming of Iraq's parliament by hundreds of supporters of populist Shiite cleric Moqtada Sadr has piled pressure on his political opponents working to form a government nearly 10 months after an election.
  • Macron hosts Saudi crown prince in Paris, to discuss energy supply

    French President Emmanuel Macron is hosting Saudi Arabia's Crown Prince Mohammed bin Salman for talks in Paris on Thursday. The meeting will be seen as one more sign of Prince Mohammed’s rising global profile after US President Joe Biden met him earlier this month.
  • UAE lauds Turkiye’s role in Russia-Ukraine grain exports pact

    The UAE foreign minister Sheikh Abdullah bin Zayed Al Nahyan in a phone call to his Turkish counterpart Mevlüt Çavuşoğlu described the agreement as a ''key step.''
  • Turkey to drill for gas in Mediterranean early next month

    Turkey will resume gas exploration off its coast in the Mediterranean on August 9, the energy ministry said Tuesday. "Turkish drilling ship Adbulhamid Han will start a mission in the Mediterranean on August 9 departing from the Mersin port" in the south of the country, it said in a statement.
  • Israel’s Teva reaches potential $4.25 bn US opioid settlement

    If the deal is finalized, Teva would become the latest major company to reach a settlement over the crisis which caused hundreds of thousands of deaths and ravaged communities across the country.
  • Morocco, Israel sign legal deal as cooperation expands

    Morocco and Israel added legal links to a growing list of cooperation accords since they normalized relations in 2020, during a visit Tuesday by Israeli Justice Minister Gideon Saar. He signed a judicial accord in Rabat with his Moroccan counterpart Abdellatif Ouahbi. A joint statement said the two countries would...
  • EU agrees to reduce gas consumption by 15 percent

    The usage is reduced to counter the dependency on Russian gas supplies.
  • Thaw and redraw: melting glacier moves Italian-Swiss border

    Way up in the snowy Alps, the border between Switzerland and Italy has shifted due to a melting glacier, putting the location of an Italian mountain lodge in dispute. The borderline runs along a drainage divide -- the point at which meltwater will run down either side of the mountain...
  • Iraqi Kurd farmers battle drought as Lake Dukan retreats

    The artificial lake was created in the 1950s following construction of the Dukan dam, to supply irrigation and drinking water for the region, as well as generate electricity.
  • Morocco retrieves eight migrant bodies off its coast

    Moroccan authorities on Monday retrieved the bodies of eight migrants off the southern shores of the North African kingdom, local officials said.
  • Natural gas a weapon of war between Russia and Europe

    Natural gas has emerged as a weapon of war between Russia and Europe since Moscow's February 24 invasion of Ukraine. Here is how the standoff developed:  Nord Stream 2 halted  On February 22, 2022, German Chancellor Olaf Scholz says he is suspending the Nord Stream 2 pipeline project with Russia...
  • Tunisians vote on constitution set to bolster President Saied’s rule

    The referendum comes a year to the day after Saied sacked the government and froze parliament in a power grab that his rivals condemned as a coup. His moves were however welcomed by many Tunisians fed up with a grinding economic crisis.
  • Egypt court calls for live broadcast of execution of killer

    An Egyptian court called Sunday for a legal amendment to allow the live broadcast of the execution of the killer of a female student, as a deterrent to frequent homicides.
  • Turkey summons Swedish diplomat to explain ‘terrorist propaganda’

    Sweden's charge d'affaires in Turkey was summoned at the weekend to explain the use of what Ankara alleges is "terrorist propaganda" in support of Kurdish militants, a diplomatic source said.
  • King Abdullah of Jordan protests border attacks by Iran-tied militias

    King Abdullah II protested in an interview against attacks on Jordan's borders by "militias linked to Iran", following deadly clashes with drug smugglers on the frontier with Syria. Abdullah called for "a change of behavior by Iran" and said that Jordan "does not want tensions in the region".
  • Iraq seeks to boost relations with Algeria in multiple sectors

    Prime Minister Mustafa Al-Kadhimi affirmed Saturday Iraq aspires to strengthen the relations with Algeria in various fields. "PM Al-Kadhimi received the Minister of Foreign Affairs of the People's Democratic Republic of Algeria, Ramtane Lamamra, and the accompanying delegation," local media reported. They discussed bilateral relations between the two nations, including...
  • Sharjah Education Council reveals new educational strategy

    The Sharjah Education Council launched its 2023-2025 strategy at a meeting held at its headquarters in Sharjah, in cooperation with Maestro Company. The Company reviewed various aspects of stages of the council’s strategic plan including advanced methodology based on best practices followed in this area. Moreover, the plan was prepared...
  • Iraq receives 125 antiquities borrowed from Germany

    Iraq has received 125 antiquities borrowed from Germany, Foreign Ministry spokesman Ahmed Al-Sahaf announced Sunday. "The Embassy of the Republic of Iraq in Berlin received 125 artifacts by Susan Bullock from the Institute for Near Eastern Archeology of the Free University of Berlin," Al-Sahaf stated in a statement received by...
  • China launches second of three space station modules

    China launched on Sunday the second of three modules needed to complete its new space station, state media reported, the latest step in Beijing's ambitious space program. The uncrewed craft, named Wentian, was propelled by a Long March 5B rocket at 2:22 pm (0622 GMT) from the Wenchang launch center...
  • Russia assures Egypt of providing grains as per order

    Russia's top diplomat reassured Egyptian leaders Sunday that their orders for Russian grain would be met as he began a tour of African countries dependent on imports for their food supply. Between 20 million and 25 million tonnes of grain has been blocked in Ukrainian ports since Russia and Ukraine...
  • Women of Gaza struggle to break free

    The Palestinian Central Bureau of Statistics said 38 percent of women in Gaza faced physical or psychological violence from their husbands in 2019, but Alwakil estimated the true figure to be far higher.
  • UAE applauds grain export deal between Russia and Ukraine

    The UAE has welcomed the agreement reached between Russia and Ukraine on the export of grain, and has applauded the role of Turkey and the United Nations in helping the two countries to sign the Black Sea Grain Export deal.
  • Macron says revival of nuclear deal with Iran ‘still possible’

    French President Emmanuel Macron on Saturday told his Iranian counterpart Ebrahim Raisi that reviving the landmark 2015 deal on Tehran's nuclear capabilities was "still possible" but must happen "as soon as possible".
  • Iran arrests spies plotting to attack sensitive sites, blames Israel

    Iran's intelligence ministry announced Saturday the arrest of agents linked to Israel's Mossad who entered the Islamic republic to carry out attacks against "sensitive" sites, state news agency IRNA reported. The statement did not say how many suspects were arrested or give their nationalities, nor did it identify the targets...
  • WHO highest alert on monkeypox: calls it global health emergency

    The World Health Organization on Saturday declared the monkeypox outbreak, which has affected nearly 17,000 people in 74 countries, to be a global health emergency -- the highest alarm it can sound. "I have decided that the global monkeypox outbreak represents a public health emergency of international concern," WHO chief...
  • Iraq to host ‘public’ meeting of Iran, Saudi foreign ministers

    It will be a public meeting, (unlike) previous encounters that were held privately at a low level between intelligence and security officials, said Iraqi foreign minister Fuad Hussein.
  • African Union lauds Russia for allowing Kyiv to resume grain export

    Ukraine and Russia and two of the world's largest grain producers.
  • 16 killed in Libya militia clashes since Thursday: Ministry

    The fighting began on Thursday night and extended into Friday afternoon. The clashes were between two armed groups with major clout in the west of the war-torn country: the Al-Radaa force and the Tripoli Revolutionaries Brigade.
  • ISESCO and WHO discuss ways to enhance bilateral cooperation

    A delegation from the Islamic World Educational, Scientific and Cultural Organization (ISESCO) discussed with the Director-General of the World Health Organization, Dr. Tedros Adhanom Ghebreyesus, ways to enhance bilateral cooperation, in Geneva. A statement by ISESCO from its headquarters in Rabat said today that the two sides discussed ways to...
  • Iranian dissident summit in Albania put off over ‘security threats’

    A global summit in Albania dedicated to advocating regime change in Iran has been postponed due to security threats, an exiled Iranian opposition group said Friday.
  • Tunisia police crack down on anti-Saied protest

    Tunisian police used pepper spray to disperse protesters and arrested several demonstrators Friday, as hundreds rallied against President Kais Saied three days before a controversial vote on a new constitution. More than 300 people had gathered on Habib Bourguiba Avenue in central Tunis, surrounded by a heavy police presence with...
  • Iraq mountain rest spot bears scars of deadly shelling

    Abandoned sandals and upturned chairs attest to the panic that gripped this peaceful rest spot in Iraq's Kurdish mountains when deadly shelling slammed into it this week. Turkey denies that its forces were responsible for the artillery fire that killed nine people and wounded 23 on Wednesday.
  • ‘Bilateral ties strengthened with UAE President’s France visit’

    The French Ambassador to the UAE, Xavier Chatel, described the first official visit to France of UAE President Sheikh Mohamed bin Zayed Al Nahyan as successful and important in all domains.
  • A new ‘architectural openness’ is remaking Saudi streets

    Local architects and engineers say such features have become a hallmark of renovation and newly-built projects across the capital Riyadh.
  • Putin, Saudi crown prince discuss oil as global energy market gets volatile

    Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman spoke about the oil market in a telephone conversation on Thursday, the Kremlin said. The call comes less than a week after the Saudi Crown Prince met visiting US President Joe Biden.
  • Ukraine says trusts UN, not Russia, in grain deal

    Ukraine and Russia signed a deal on Friday to unblock grain exports and relieve a global food crisis, as a critical Russian gas pipeline to Europe reopened. However, there was no respite in the conflict on the ground, with Russian artillery on Thursday pounding Ukraine's second largest city Kharkiv, already...
  • Israeli strike kills three soldiers near Damascus: Syrian ministry

    Since civil war broke out in Syria in 2011, Israel has carried out hundreds of air strikes against its neighbor.