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.
  • Sofia, Bulgaria -- Ancient rock art, a patron saint and a monk will be emblazoned on euro coins from Thursday, when Bulgaria joins the single currency. The motifs are already on the lev, the currency Bulgaria adopted 1881 and which is named after an archaic word meaning "lion". Rider of...
  • Dutch police arrest man over Saudi embassy shooting

    The 40-year-old suspect was detained in Zoetermeer, 16 kilometres (10 miles) from the Hague, about eight hours after the shooting at 6am (0500 GMT).
  • Governor of Iraq’s Najaf resigns after protests

    Louai al-Yasseri resigned from his leadership in Najaf, in central Iraq, a day after the governor of Nasiriyah province in the south quit following the violent suppression of protesters
  • World powers urge Libya to reschedule presidential vote ‘swiftly’

    The authorities overseeing Libya's first presidential election said earlier this week holding it on Friday as scheduled would be "impossible". The vote was intended to mark a fresh start for North African country, a year after a landmark ceasefire and more than a decade after its 2011 revolt.
  • IMF extends Covid emergency funding by 18 months

    The emergency funding was set up to help nations that have been severely impacted by the Covid-19 pandemic.
  • Talks to revive Iran nuclear deal will resume next week: EU chair

    Officials have said the deal would become obsolete within weeks if Iran continued to step up its nuclear activities as it has been doing since 2019, a year after the United States left the landmark agreement and reimposed sanctions.
  • World Bank pledges $37 million to help Lebanon teachers

    The World Bank on Thursday said it agreed with its partners to repurpose $37 million in funds to help Lebanon's public school teachers survive a crushing economic crisis. The World Bank and the UK Foreign, Commonwealth and Development Office would divert the money from the Lebanon Syrian Crisis Trust Fund,...
  • UN will support Iraq’s efforts for development, prosperity: Official

    The head of the United Nations Assistance Mission for Iraq (UNAMI), Jeanine Hennis-Plasschaert, has said the UN will continue supporting Iraq for development and prosperity. Iraqi media reports said that Hennis-Plasschaert "extended our best wishes to the Iraqi people on the occasion of the New Year". She said, "The year...
  • Morocco sees room for ‘return to normal’ in German ties

    Berlin's foreign ministry called Morocco an "important link between North and South, politically, culturally and economically".It also said Morocco "plays an important role in the stability and sustainable development of the region" and that a proposal by Rabat of autonomy for Western Sahara was an "important contribution" to a settlement.
  • Morocco marks anniversary of renewed ties with Israel

    Morocco and Israel have marked the first anniversary of the US-sponsored resumption of diplomatic relations between them.
  • US top official confers with Israel, Iran on nuclear deal

    Israeli Prime Minister Naftali Bennett's government has called for a halt to international efforts to revive the Iran nuclear deal. The accord saw Iran agreeing to limits on its nuclear activities in exchange for sanctions relief from world powers.
  • Arab Parliament meet discusses strategy to tackle child exploitation

    The committee’s members reviewed the updates on the preparation for the Arab Forum on the requirements for enhancing economic integration among Arab countries
  • Turkey authorizes use of domestically developed Turkovac vaccine

    President Recep Tayyip Erdogan on Wednesday announced the emergency use approval of Turkey's first domestically-developed coronavirus vaccine. In June, Turkovac entered Phase III trials involving 40,800 participants in Turkey. No official data about its efficacy have been released. But the health ministry's coronavirus advisory board member Ates Kara told Turkish...
  • Saudi-led coalition rejects Iran charges on Yemen envoy evacuation

    Iran's envoy to Yemen, Hassan Eyrlou, died on Tuesday despite being flown out from the Huthi rebel-held capital in a rare exemption from a Saudi-led air blockade. Tehran blamed the "slow cooperation of certain countries" in facilitating Saturday's evacuation for Eyrlou's death.  
  • Libya vote ‘impossible’ Friday: parliament committee

    The vote was intended to mark a fresh start for war-torn Libya a year after more than a decade after its 2011 revolt that toppled and killed dictator Moamer Kadhafi.
  • Sharjah Council okays measures for boosting safety of agri products

    The Sharjah Executive Council (SEC) has approved a draft Emiri decree on organizing the Sharjah Classic Cars Club, and a draft Emiri Decree on organizing the Sharjah Self-Defense Sports Club, local media reports said. The aim of the decrees is to develop the legislative structure of the sports sector and...
  • The UAE joins SESAME as a member with observer status

    Minister Al Kaabi indicated that the achievement will enhance the nation’s scientific capabilities and enable its scientific and industrial organizations to develop more creative solutions to challenges.
  • Saudi media says the kingdom supports Yemen’s legitimate government

    The General Authority for Statistics (GASTAT) released the Labor Market Publication, confirming that the unemployment rate of Saudis remained stable at +15 for Quarter 3 of this year at (11.3%) compared to the previous quarter.
  • Natural gas prices hit fresh record peaks on strong winter demand

    European and UK gas prices rocketed Tuesday to all-time highs on strong winter demand and simmering geopolitical tensions between key supplier Russia and consumer nations. Europe's reference Dutch TTF gas price jumped nearly 20 percent from Monday to hit 175.00 euros per megawatt hour in early afternoon trading. Meanwhile, UK...
  • Qatar seizes rainbow-colored toys it deems ‘un-Islamic’

    Authorities in Qatar, host of next year's football World Cup, have confiscated a line of children's toys from stores deeming their rainbow colors "contrary to Islamic values". The emirate's commerce and industry ministry did not spell out its objection to the rainbow colors, but some of the toys bore a...
  • Dubai airport fully operational for first time since pandemic

    Dubai airport, one of the world's busiest travel hubs, is fully operational for the first time since the coronavirus pandemic erupted in March 2020, officials said Monday. The opening of sections closed as the Covid-19 crisis took hold comes as the United Arab Emirates records a rise of infections amid...
  • Above 2.5 million passengers used Doha Metro during Arab Cup in Qatar

    More than 2.5 million passengers used Doha Metro during that Arab Cup hosted by Qatar from Nov 30 to Dec 18, with an average of 130,000 passengers daily, Qatar Rail has said. Qatari media reports said Doha Metro operated 50,000 trips during the tournament and the average time between trains...
  • Israel to ban travel to US over Omicron spread

    Lawmakers from Israel also approved the health ministry recommendation to bar Israelis from travel to France, Ireland, Norway, Spain, Finland, Sweden, and the United Arab Emirates.
  • Chinese firms will build 1,000 schools in Iraq

    School constructions across Iraq will take two years and three phases.
  • UN chief Antonio Guterres on ‘solidarity’ visit to crisis-hit Lebanon

    Guterres has previously called on Lebanese officials to unite to find solutions to the country's dire economic crisis, dubbed by the World Bank as among the planet's worst since the 1850s. Around 80 percent of Lebanon's population is estimated to be living under the poverty line.
  • UAE gateway to GCC and Africa markets, says India’s industry minister

    India's Minister for Commerce and Industry Piyush Goyal has said that his country's goal is to become the UAE's number one trading partner. Goyal talked with industry executives and leaders of Export Promotion Councils in Mumbai on Saturday on using available opportunities to widen their global impression by grasping business...
  • Saudi exempts Iran Yemen envoy from air blockade for Covid treatment

    Iran's ambassador flew out of the rebel-held Yemeni capital to receive Covid treatment Saturday in a rare exemption from an air blockade enforced by a Saudi-led coalition, Saudi and Iranian officials said. "The ambassador left on an Iraqi aircraft and is probably now in Baghdad," a senior Saudi official familiar...
  • Collapse of Afghanistan has regional, international repercussions: Saudi FM

    Saudi Arabia has said the collapse of Afghanistan would lead to chaos that has regional and international ramifications, while stressing the need to ensure that the country does not turn into a haven for terrorist and extremist groups. Speaking during the emergency meeting of the Organization of Islamic Cooperation hosted...
  • Iran sees possibility of exporting Covid-19 vaccines in a few months

    Iran has said exporting vaccines manufactured by domestic producers was possible in a few months. Iran's deputy health minister for research and technical affairs Younes Panahi told Iranian media that some local producers made good progress and mass production of the vaccines will happen in the future. He said the...
  • Pentagon documents reveal ‘deeply flawed’ US air war in Middle East

    Poor or inadequate surveillance footage often contributed to deadly targeting failures.
  • OIC says Afghanistan needs full support of member states

    The OIC has said its members as well as non-members need to organize and implement an immediate humanitarian assistance plan for Afghanistan.
  • After trade push, Turkey pledges 15m Covid-19 vaccines for Africa

    Turkey has invested heavily in developing trade and diplomatic ties with Africa under Recep Tayyip Erdogan since 2003.
  • Morocco says it has foiled IS terror plot with US help

    The Moroccan authorities also arrested an alleged supporter of the outlawed organization, saying it was ‘the culmination of close collaboration’ between Moroccan security forces and US law-enforcement. However, they did not give any further details about the operation itself.
  • Iraq works with Belarus to drop fines on refugees stranded on border

    The feat is said to have been achieved due to efforts from Iraq’s embassy in Moscow and ‘in coordination’ with Belarus.
  • UN Secretary-General on state visit to Lebanon

    The reports said that he will pay tribute to the victims of the Beirut Port blast, and also undertake field visits to interact with people.
  • Cyprus, Jordan sign bilateral deals, discuss regional developments

    Jordan's King Abdullah II paid an official visit to Cyprus on Friday for talks with President Nicos Anastasiades, during which several bilateral accords were signed, officials said. Following a military guard of honour, Anastasiades and Abdullah held a private meeting and exchanged gifts.
  • Lebanon crisis exposes 1 million children to violence: UN

    Lebanon's spiraling economic crisis is causing abuse against children to soar and is putting one child out of two at risk of violence, the United Nations said on Friday. "One in two children in Lebanon is at serious risk of physical, emotional, or sexual violence, as families struggle to cope...
  • UAE and US discuss regional, defense issues at annual Joint Military Dialogue

    Top UAE and US military officials discussed regional and defense issues in Washington as part of the annual Joint Military Dialogue. High-profile delegations headed by Lt. General Eng. Issa Saif bin Ablan Al Mazrouei, Deputy Chief of Staff of the UAE Armed Forces, and Dr. Colin H. Kahl, US Under-Secretary...
  • Plan to support 1.6 million Palestinians in 2022 in Gaza and West Bank launched

    A $510 million Humanitarian Response Plan was launched on Thursday to support 1.6 million of the most vulnerable people in Gaza and in the West Bank, including East Jerusalem, during 2022. Palestinian media reports said the plan was launched by the Humanitarian Coordinator for the occupied Palestinian territory, Lynn Hastings....
  • US hits China with new trade curbs, sanctions over Uyghur rights

    The United States on Thursday unleashed a volley of actions to censure China's treatment of the Uyghur minority, with lawmakers voting to curb trade and new sanctions slapped on the world's top consumer drone maker. The United States has ramped up pressure on China, with President Joe Biden's administration a...
  • OPEC Fund announces $352m for global development operations

    The OPEC Fund for International Development has approved $352 million for sustainable development operations globally at the organization’s 178th Session of the Governing Board, held virtually on Thursday, media reports said. Members of the Governing Board also reviewed several milestones achieved as part of the OPEC Fund Strategic Framework 2030,...
  • Tunisia’s speaker Ghannouchi rejects extension of parliament freeze

    President Kais Saied recently announced the extension of a suspension until Tunisians vote for a replacement assembly in December 2022. Saied said a nationwide public consultation would take place from January 1.
  • Iran-linked hackers attack Israeli targets, says Tel Aviv firm

    An Iran-linked hacking group attacked seven Israeli targets over a 24-hour period this week, an Israeli cyber-security firm said, in the latest episode of cyber-warfare between the rival states. The targets of the attack by the group called "Charming Kitten" included the Israeli "government and business sector", Tel Aviv-based Check...
  • Saudi Arabia sends humanitarian aid to Afghanistan, first after Taliban takeover

    Saudi Arabia sent two aircraft carrying humanitarian aid to Afghanistan Thursday, state media reported, its first such initiative since the Taliban took control of the crisis-stricken country in August. The kingdom's state-run King Salman Humanitarian Aid and Relief Center (KSRelief) sent more than 65 tons of aid, including 1,647 food...
  • UNHCR, UNICEF hail Korea’s aid for refugee rehab programs in Iran

    South Korea's $2.5 million aid for programs supporting Afghan refugees in Iran has been hailed by the UN High Commissioner for Refugees and UNICEF. Iranian media reports said that South Korea's Ambassador to Iran Yun Kahghyeon on Tuesday signed an agreement of cooperation with the two UN agencies in the...
  • Turkey appoints envoy to normalize ties with Armenia

    Armenia and Turkey have never established formal diplomatic ties. The two countries' relations are particularly tense over World War I-era mass killings of Armenians in the Ottoman Empire, which Yerevan says amount to a genocide.
  • UN chief says cross-border aid to Syria rebel bastion vital

    In July, the US and Russia allowed for a 6-month extension of activity at Bab al-Hawa, the only border crossing through which aid reaches the rebel stronghold of Idlib province.
  • Queen Elizabeth II holds in-person meeting with Oman’s sultan

    Queen Elizabeth II on Wednesday made a rare public appearance, hosting Oman's Sultan Haitham bin Tareq and his wife, Sayyida Ahad bint Abdullah, at Windsor Castle. The 95-year-old monarch has cut back on her engagements since an overnight hospital stay in October that raised fears for her health and prompted...
  • Iran, UN agree on replacing nuclear site’s damaged cameras

    The Vienna-based International Atomic Energy Agency had been seeking to replace the devices which Iran says were damaged in a June attack it blames on Israel. The IAEA said the two sides "will continue to work on remaining outstanding safeguards issues with the aim of resolving them".
  • Emirates and IAEA discuss nuclear program, Expo’s role in fostering ties

    Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Rafael Mariano Grossi, Director-General of the International Atomic Energy Agency (IAEA), at Expo 2020 Dubai to discuss the nuclear energy program of the country. Al Nahyan and Grossi hailed the cooperation between the two sides,...
  • UN chief says cross-border aid to Syria rebel bastion vital

    The cross-border mechanism has been operating since 2020 through Bab al-Hawa, after the Russian-imposed removal in 2019 of three other access points in Syria.