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.
  • The Pentagon on Tuesday revised the estimated cost of the war on Iran to nearly $29 billion, roughly $4 billion higher than the figure presented two weeks ago during Defense Secretary Pete Hegseth’s earlier testimony before Congress.
  • Egypt, Ethiopia restart talks over dam construction

    Cairo, Egypt - Egypt announced on Sunday that negotiations had resumed over Ethiopia's controversial mega-dam, after agreeing last month to reach a deal following years of tensions between the two countries. For years at loggerheads over the issue, Egyptian President Abdel Fattah al-Sisi and Ethiopian Prime Minister Abiy Ahmed had agreed...
  • Tehran exports goods worth $7.2bn to West Asia in 4 months from March 2023

    TEHRAN, IRAN - Iran exported $7.2 billion worth of products to West Asian countries in the first four months of the current Persian calendar year (March 21 to July 22), the director general of the Trade Promotion Organization of Iran (TPOI) for West Asia said. The administration of President Ebrahim...
  • The fight over a ‘dangerous’ ideology shaping AI debate

    Paris, France - Silicon Valley's favorite philosophy, longtermism, has helped to frame the debate on artificial intelligence around the idea of human extinction. But increasingly vocal critics are warning that the philosophy is dangerous, and the obsession with extinction distracts from real problems associated with AI like data theft and biased...
  • Years of coal plant expansion torment Turkey’s villagers

    Villagers and environmental activists have been locked in clashes with the police in the southwestern Mugla province since their plant began cutting down trees and olive groves in search for more coal last month.
  • BRICS to coordinate approaches with new members within UN, G20: Lavrov

    The BRICS summit, which held in Johannesburg from Aug 22-24 agreed to admit Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates as new members from Jan 1, 2024.
  • Iran readies to finalize document on wider cooperation with Oman

    Tehran, Iran -- Iran has expressed its readiness to finalize the provisions of a strategic document on comprehensive cooperation with Oman. In a telephonic conversation, Iranian Foreign Minister Hossein Amirabdollahian and his Omani counterpart Sayyid Badr Albusaidi exchanged views on issues of mutual interest in bilateral, regional and international arenas....
  • Sheikha Fatima launches national plan for empowerment of Emirati women

    ABU DHABI, UAE – Chairwoman of the General Women's Union (GWU) Sheikha Fatima bint Mubarak launched the National Strategy for Empowerment of Emirati Women in the UAE for the years 2023-2031, on the occasion of the Emirati Women’s Day 2023, under the theme of “We Collaborate for Tomorrow”. This strategy...
  • Canada’s fires in north force another town to evacuate

    Canada is suffering through its worst forest fire season in recorded history, with much of the country hit by high temperatures and serious drought. A total area of 15 million hectares (37 million acres) has now burned, an area larger than Greece.
  • Key Johnson ally resigns with scathing attack on British PM

    Former culture minister Nadine Dorries announced her intention to resign 11 weeks ago but had remained as member of parliament while she investigated why she was not given a seat in the upper house of parliament. In her letter, which she released on social media, Dorries accused Sunak of leading...
  • Iran-Russia military ties not subject to US dictates: Russia deputy FM

    Tehran, Iran--Iran and Russia are independent countries whose military cooperation is not subject to the dictates of the United States and its allies, Russian Deputy Foreign Minister says. Russia's military cooperation with Iran will not succumb to geopolitical pressure, Russian Deputy Foreign Minister Sergei Ryabkov said. Ryabkov said in response...
  • At least 11 Syrian soldiers die in a rebel attack in Idlib

    The rebels "detonated tunnels they had dug beneath army positions and simultaneously launched an assault from other tunnels", said Rami Abdel Rahman, who heads the Britain-based Observatory. The attack, which also wounded 20 soldiers, came as Syria and its main military ally Russia bombarded the mountainous Jabal al-Zawiya area of...
  • 10 killed as minibus plunges into ravine in Iran

    TEHRAN, IRAN - A minibus carrying mountaineers in Iran plunged into a ravine, killing 10 people, state media reported on Saturday. The accident occurred on Friday near the city of Varzaghan, in East Azerbaijan province, said the provincial emergency services spokesman, Vahid Shadinia, according to state news agency IRNA. The minibus...
  • Iran court asks US to pay $330m fine for planning a coup against Tehran

    A court in Tehran has ordered the US government to pay $330 million in damages for "planning a coup" against the newly established Islamic republic in 1980, the judiciary said. A year after the 1979 Islamic revolution that toppled the US-backed Shah, a group of mostly army officers tried to...
  • NASA and SpaceX Dragon spacecraft blasts off to ISS

    Florida, US--NASA and SpaceX's Dragon spacecraft blasted off on Saturday carrying four astronauts to the International Space Station. The Crew-7 mission is commanded by American Jasmin Moghbeli and includes Andreas Mogensen of Denmark, Satoshi Furukawa of Japan and Konstantin Borisov of Russia. The Dragon spacecraft carried by a Falcon 9...
  • No alternative to first Ukraine-Russia grain deal: Turkey FM

    The foreign minister said that his country does not see any alternative to the original initiative because in his words they carry risks. He completely dismissed an alternate route reportedly being considered by the US. Last month, Russia pulled out of a landmark deal that enabled Ukraine to export more...
  • UAE-Hungary Political Consultations Committee discusses boosting cooperation

    Budapest, Hungary--Senior officials from the UAE and Hungary met in Budapest on 22nd August for the inaugural round of the Political Consultations Committee between the UAE’s Ministry of Foreign Affairs and Hungary’s Ministry of Foreign Affairs and Trade. The UAE delegation was led by Ambassador Lana Zaki Nusseibeh, Assistant Minister...
  • Witness sur

    AI risks repeating social media mistakes, says Microsoft president

    NEW DELHI, INDIA - Breakneck development of artificial intelligence risked repeating mistakes made by the tech industry at the start of the social media era, Microsoft president Brad Smith told a business forum on Friday. Rapid advancements in AI have stoked global alarm over the technology's potential for disinformation, misuse and...
  • All eyes on tech firms as strict EU digital rules come into effect

    The landmark Digital Services Act (DSA) compels tech companies to better police content to protect European users against disinformation and hate speech. And it also demands the firms are more transparent about their services, algorithms and how ads are targeted. "These systemic platforms play a very, very important role in...
  • Kremlin denies rumors it had hand in Wagner chief’s death

    The Kremlin dismissed rumors it orchestrated the death of Wagner chief Yevgeny Prigozhin, presumed dead in a plane crash two months after leading a mutiny in Russia. It announced by decree that paramilitary fighters will have to swear an oath to the Russian flag, as part of measures to rein...
  • Denmark to ban Quran burnings, national security ‘main motivation’

    Denmark stepped up security earlier this month following the backlash, as did neighboring Sweden which has also seen a spate of Quran burnings in recent months. The Danish government intends to "criminalize the improper treatment of objects of significant religious importance to a religious community," Justice Minister Peter Hummelgaard told...
  • Algerian, South African ministers discuss ways to boost economic cooperation

    JOHANNESBURG, SOUTH AFRICA - Algerian Minister of Finance Laaziz Faid discussed with South African Finance Minister Enoch Godongwan, ways to enhance economic cooperation between the two countries. During the meeting on Thursday, the two ministers discussed the available opportunities to enhance trade exchange and joint investment, with the aim of...
  • American-Iranian Jasmin Moghbeli among NASA and SpaceX crew to ISS

    Washington, United States -- NASA and SpaceX are preparing to launch a crew of four to the International Space Station on Friday. Dubbed Crew-7, the mission will be commanded by American Jasmin Moghbeli and includes Andreas Mogensen of Denmark, Satoshi Furukawa of Japan and Konstantin Borisov of Russia. Lift-off is...
  • Global warming induced stress could threaten health of 1 billion cows

    Nearly eight out of 10 cows across the planet are already experiencing excessively high body temperatures, spiked respiration rates, bowed heads and open-mouthed panting -- all symptoms associated with severe heat stress, the study said. In tropical climates, 20 percent of cattle endure those symptoms year-round.
  • Syria ramps up retaliatory attacks on rebel bases in Aleppo, Latakia and Hama

    Both the Syrian army and Russian air force "carried out several air and artillery strikes targeting terrorist headquarters in the countryside of Aleppo, Latakia and Hama," a statement said, after "repeated attacks" on regime-held areas in the provinces. The strikes left dozens of fighters "dead or wounded", the defence ministry...
  • GCC chief stresses importance of strategic partnership with US

    Riyadh, Saudi Arabia--GCC Secretary General Jasem Albudaiwi has emphasized the importance of Gulf-US strategic relations that support joint cooperation and coordination across all fields. In a statement today, he highlighted the outcome of the joint meeting which was held last June between the GCC foreign ministers and the USA. The...
  • Wagner chief Prigozhin ‘among passengers’ on plane that crashed

    "There were 10 people on board, including three crew members. According to preliminary information, all those on board died," Russia's ministry for emergency situation had said shortly before. It said it was conducting search operations.
  • Erdogan and Putin likely to discuss Africa flour supply deal: Report

    Istanbul, Turkey - Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin are likely to discuss a deal on supplying Russia's flour to African countries, according to TASS. "Both leaders spoke earlier about plans to process Russian grain into flour in Turkey and sending it to the poor nations...
  • Schools shut in Makkah region after heavy storms and downpour

    The meteorology center warned of further storms on Wednesday bringing rain, wind and thunder to the Mecca region and elsewhere in western Saudi Arabia.
  • Russia’s goal is to end war West unleashed in Ukraine: Putin

    Johannesburg, South Africa -- Russia's special military operation pursues the goal of ending the war in Ukraine unleashed by a number of Western countries and their satellites, Russian President Vladimir Putin said at a meeting of BRICS leaders. "Russia has decided to support the people who are fighting for their...
  • India first nation to land spacecraft near Moon’s south pole

    The landing of the unmanned Chandrayaan-3, which means "Mooncraft" in Sanskrit, comes days after a Russian probe crashed in the same region and four years since the previous Indian attempt failed at the last moment. Prime Minister Narendra Modi smiled broadly and waved an Indian flag on a live broadcast...
  • Wildfire briefly halts marine traffic on Turkish strait

    The fire forced the evacuation of a local university and closure of a highway running through the blaze. The Turkish coast guard reopened southbound traffic along the strait after more than two dozen aircraft managed to largely contain the blaze by Tuesday night.
  • Iran ready to boost military ties with Russia: General Heidari

    Tehran, Iran-- Iran will boost military cooperation with Russia as the two countries look to strengthen strategic partnership. According to the commander of the Iranian Army's Ground Force Brigadier General Kioumars Heidari, "the Iranian army is ready to boost military cooperation with Russia." Heidari made the remark in a meeting...
  • Divided border village at heart of Israel-Lebanon tensions

    The latest tit-for-tat exchange saw Israeli Defence Minister Yoav Gallant and the chief of Lebanon's powerful Hezbollah movement, Hassan Nasrallah, vow to send the other's country "back to the Stone Age" if the other escalates violence. On the sleepy streets of Ghajar, home to manicured flower beds and ice cream...
  • Two civilians dead in Russian strikes in northwest Syria: rescuers

    The Syrian Observatory for Human Rights, a monitoring group, said the strikes near Ain Shib had targeted "military bases belonging to Hayat Tahrir al-Sham (HTS)", the jihadist group that controls the bastion. Other late-night Russian strikes targeted the town of Ariha, south of Idlib city, AFP's correspondent and the Observatory...
  • Peace between Saudi Arabia and Israel not imminent: White House advisor

    Washington, United States - The US National Security Advisor Jake Sullivan on Tuesday said that the prospect of a peace agreement between Israel and Saudi Arabia is not imminent. Speaking at a press briefing Sullivan indicated that substantial obstacles still need to be overcome before such an accord can be...
  • Iraq and Turkey foreign ministers hold talks on water supply, oil

    The foreign minister's visit is also intended to pave way for Turkish President's trip to Baghdad for which a date is yet to be finalized. The issue of water and dams on the Tigris and Euphrates rivers, both of which have their sources in Turkey before entering Iraq, is a...
  • Dubai Customs foils two attempts to smuggle 171,600 pills

    DUBAI, UAE - The Customs Intelligence Management within Dubai Customs has successfully thwarted two separate attempts to smuggle controlled drugs and restricted medications via air shipments into the country. The total haul amounted to 171,600 pills and these operations underscore the department's resolute stance against illicit activities. In the first...
  • Russian army officials visit Libya after invite from pro-Moscow Haftar

    Haftar, who backs the country's eastern administration, is close to Russia's private Wagner mercenary group, whose troops guard military and oil infrastructure in the country. "This is the first official visit of a Russian military delegation to Libya," Moscow's defense ministry said.
  • 4 children rescued from cable car in Pakistan

    Military helicopters and zipline experts rescued four children from a group of eight people trapped for hours in a stricken cable car high above a remote Pakistan valley. The daring rescue began with a helicopter plucking two children to safety as daylight faded, but the chopper was forced back to...
  • Former Thai PM Shinawatra jailed after return from exile

    Hundreds of supporters lined the streets as the former Manchester City owner was taken to the Supreme Court. There, he was ordered to serve eight years for three convictions passed in his absence -- one linked to his former Shin Corp company, another linked to a bank loan, and a...
  • Saudi Arabia accedes to United Nations’ CISG convention

    Riyadh, Saudi Arabia -- Saudi Arabia has officially acceded to the United Nations Convention on Contracts for the International Sale of Goods (CISG) to become the 96th State that accedes to the Convention. Saudi Arabia became the 96th State Party to the Convention. The Convention will enter into force for...
  • Cheap goods flood ‘Daglo’ markets after Sudan looting

    During more than four months of deadly conflict between Daglo's Rapid Support Forces (RSF) and the regular army, the paramilitaries have been widely accused of looting homes, shops, hospitals, aid convoys and warehouses. But don't mention any of that at "Daglo" market in El Massied, about 60 kilometres (35 miles)...
  • Two fighters killed in Israeli strikes near Damascus: NGO

    Israel, during more than a decade of civil war in Syria, has launched hundreds of air strikes on its territory, targeting Iran-backed forces and Lebanese Hezbollah fighters as well as Syrian army positions. Israel rarely comments on the strikes, but has repeatedly said it will not allow Iran to expand its...
  • Soniqs wins PUBG Global Series 2 Crown

    It claimed $600,000 prize at Gamers8 - The Land of Heroes.
  • Did not hear any noise from global organizations on journalist Dugina’s death, says Russia

    MOSCOW, RUSSIA - Russia still has not heard any reaction from international organizations regarding the assassination of journalist Darya Dugina as well as other ‘atrocities’ committed against media representatives, Foreign Ministry spokeswoman Maria Zakharova said on Sunday. "A year after the tragic death of Darya Dugina we have not heard...
  • Abu Dhabi Chamber inks MoU with Ethiopian Investment Commission

    ABU DHABI, UAE - The Abu Dhabi Chamber of Commerce and Industry has signed a Memorandum of Understanding with the Ethiopian Investment Commission (EIC) to foster the robust economic collaboration between the two sides. The MoU also aims to establish a framework for cooperation that advances trade, investment and economic...
  • Iran not holding direct talks with US on sidelines of UN meet

    "Reports that a meeting between Iranian and American officials will be held on the sidelines of the UN General Assembly meeting are not true. Iran is not holding direct talks with the United States and is not planning to do so either on the margins of the General Assembly or...
  • Arab Parliament endorses call to support victims of terrorism

    Cairo, Egypt-- Arab Parliament on Monday endorsed the call for victims of terrorism in the Arab world to be supported "financially and economically" to overcome tragedies. The parliament said that those affected by the evil claws of terrorism in the Arab world must be supported to overcome their tragedies. The...
  • 8 fighters killed in Russian strikes on rebel-held northwest Syria: monitor

    "Russian warplanes carried out air strikes on the western outskirts of Idlib city, targeting a military base belonging to Hayat Tahrir al-Sham (HTS)... killing at least eight fighters," said Rami Abdel Rahman, who heads the Syrian Observatory for Human Rights. HTS, led by Syria's former Al-Qaeda affiliate, controls swathes of...
  • Cyprus marine police rescue 86 migrants off the coast

    Cypriot authorities say there has been a rise in the number of migrants arriving by boat this year, with a 60 per cent increase recorded in the first five months. Most irregular migrants arriving by sea board boats in the Syrian port of Tartus, and these vessels are usually detected...