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.
  • Algeria boosts English tuition in blow to colonists’ French

    Language is a sensitive topic in the North African country, where French is still widely spoken six decades after independence that followed 132 years of colonial rule and a gruelling eight-year war." The French language is war booty, but English is the international language," President Abdelmadjid Tebboune told journalists in...
  • Judge halts Twitter-Musk case, sets Oct. 28 deadline to close deal

    Delaware Judge Kathaleen McCormick, ruling on a Musk request to freeze the case that had drawn a biting retort from Twitter, said a trial originally scheduled to begin in 11 days could be rescheduled for next month if a deal is not finalized. "If the transaction does not close by...
  • Libyan Prime Minister defends oil, gas exploration deal with Turkey

    The question of rights to Libya's vast hydrocarbon resources has become more urgent this year as global energy prices have soared. Monday's deal builds on an agreement signed between Ankara and a previous Tripoli-based administration in 2019.
  • Kremlin says OPEC+ cut output to stabilize oil markets

    Moscow---The Kremlin said Thursday that an OPEC+ decision to sharply cut production was designed to stabilize global oil markets, after Washington said the move was a concession to Moscow. "The decisions that were taken were aimed at stabilising oil markets," Kremlin spokesman Dmitry Peskov said. He said it was proof...
  • Lebanon years away from gas riches despite Israel deal: analysts

    With the demand for gas rising worldwide because of an energy crisis sparked by Russia's invasion of Ukraine, Lebanon hopes that an offshore discovery would ease its current unprecedented financial downturn. But more than a decade since it declared its maritime boundaries and an Exclusive Economic Zone, it still has...
  • Climate change made 2022 drought ‘at least 20 times likelier’

    Producers in Europe and China have warned of significantly lower than expected harvests in crop staples due to the dry spell, after food prices spiked to multi-year highs following Russia's invasion of Ukraine in February. Friederike Otto, senior lecturer in climate science at the Imperial College London, called the crop...
  • Iran summons UK envoy to protest ‘meddlesome statements’

    Taking exception to what it calls interference in its internal affairs, Iran has summoned British ambassador Simon Shercliff to hear a protest over 'meddlesome statements' on the unrest sparked by the death of Mahsa Amini. Iran said that it rejects and strongly condemns "fake and provocative interpretations".
  • Israel eyes warmer KSA ties as crown prince turns PM

    As long as the Palestinian saga is open, Saudi Arabia will not have full normalization of ties with Israel. However, it will have effective cooperation in many areas, say experts.
  • EU okays new sanctions on Russia post Ukraine annexation

    The latest package -- the eighth since Russia's invasion in February -- is now going through a final approval procedure which, if no objections emerge, will be published and come into effect on Thursday, the Czech Republic's EU ambassador said.
  • Jordan king discusses trade, regional issues in talks with Oman sultan

    The two leaders focused on maintaining coordination and consultation on various issues of mutual concern, especially food security and energy.
  • IMF chief says BOE acted quickly to UK budget proposal

    Prime Minister Liz Truss on Sunday conceded she should have better prepared Britain for her plan, which went further than many had expected.
  • Energy crisis feared by Europe long a reality in Iraq

    Soaring energy prices fuelled by Russia's war in Ukraine have forced a new reality upon European nations, where people are asked to limit the electricity they use for heating, lighting, and cooking. Some cities keep street lights on for shorter lengths of time, and in Paris, the lights illuminating the...
  • Lebanese man storms bank to demand money for son in Ukraine

    Banks in the country, mired in an economic crisis for more than two years, partially reopened last week under strict security after a week-long closure following a slew of heists by customers desperate to access their money. Banks started imposing draconian restrictions on withdrawals after Lebanon's economy collapsed in 2019.
  • Saudi Arabia, China sign agreement on air transport

    The agreement was signed between the President of the Civil Aviation Authority of Saudi Arabia Abdulaziz bin Abdullah Al-Dialej and his counterpart the President of Civil Aviation of China.
  • US to impose ‘further costs’ on Iran over protests crackdown

    Widespread street demonstrations sparked by the death of Mahsa Amini, 22, who died following her detention by morality police for allegedly breaching the country's strict Islamic dress code, are in their third week.
  • Rubbish reform: changes to waste management could slash emissions

    Governments around the world have pledged to reduce emissions of methane (CH4) - which absorbs 80 times more solar radiation over short periods than carbon dioxide - in their battle to curb global warming. Human-induced sources of the powerful greenhouse gas are largely from livestock and manure handling, which accounts...
  • Yemen’s fate hangs in balance as truce collapses

    Special envoy Hans Grundberg pledged "relentless efforts" to reinvigorate the truce, which lapsed on Sunday after bringing a sharp reduction in clashes since it came into force in April.Iran-backed Huthi rebels have been fighting a Saudi-led pro-government coalition since 2015, in a war that has left hundreds of thousands dead...
  • IMF, GCC agree Middle East reforms dialogue must continue: Georgieva

    At the end of her two-day visit to Saudi Arabia, she hailed the kingdom's strong “economic performance and impressive progress in implementing their Vision 2030 reform agenda, notably the doubling of the share of women in the labor force in just four years”.
  • Turkey, Libya sign maritime hydrocarbons agreement

    Turkey's foreign minister signed a deal in Libya's capital Monday allowing for oil and gas exploration in 'Libyan waters'.
  • UAE takes part in G20 Finance Track in Indonesia

    UAE's Ministry of Finance (MoF) participated in the third Framework Working Group (FWG) meeting within the G20 Finance Track for 2022.
  • Iran says nuclear deal still possible, efforts underway with mediators

    "Efforts are underway with the European coordinator and other mediators, including the foreign ministries of neighboring countries, to exchange messages to reach an agreement, said Nasser Kanani, Iran's foreign ministry spokesman.
  • Turkey reels from surging inflation as it hits 24-year high

    Turkish inflation jumped to a new 24-year high exceeding 83 percent in September, official data showed Monday after the central bank cut interest rates despite surging prices.
  • Moroccan nomads’ way of life threatened by climate change

    Rainfall in Morocco is set to decline by 11 percent and average temperatures are set to rise by 1.3 percent by 2050, according to forecasts from the Ministry of Agriculture.
  • UAE’s latest bet on tech: a ministry in the metaverse

    In a project launched at Dubai's gleaming Museum of the Future, it announced that the UAE's economy ministry was setting up shop inside the immersive virtual world that is now taking shape. Those who don their virtual reality goggles or use other means to venture within will find a ministry...
  • GCC renews pledge to deepen partnership with China

    The Gulf Cooperation Council (GCC) has renewed its commitment to continue having a strong partnership with China in order to serve common interests.
  • Fed up of perennial power cuts, Gaza turns to solar

    For most of Gaza's 2.3 million residents, living under a 15-year-old Israeli blockade, power cuts are a daily fact of life that impact everything from homes to hospital wards.
  • Yemen ceasefire ends without extension as UN envoy urges calm

    The United Nations envoy Hans Grundberg said efforts to extend and expand the ceasefire for a further six months had not been successful. "The UN special envoy regrets that an agreement has not been reached today, as an extended and expanded truce would provide additional critical benefits to the population,"...
  • Nine NATO nations won’t accept Russia’s annexation in Ukraine

    The presidents of the countries issued a joint statement saying they could not "stay silent in the face of the blatant violation of international law by the Russian Federation". "We reiterate our support for the sovereignty and territorial integrity of Ukraine," they said.
  • Sharjah Chamber organizes forum, briefs Russian delegation

    The Sharjah Chamber of Commerce and Industry (SCCI) has organized a forum to discuss ways to boost economic ties and deepen commercial collaboration with Russian business community.
  • Israel praises US proposal for Lebanon maritime border deal

    The draft agreement floated by US envoy Amos Hochstein aims to settle competing claims over offshore gas fields and was delivered to Lebanese and Israeli officials at the weekend. Lebanese authorities, who confirmed receipt of the terms on Saturday, have pledged to deliver a reply "as quickly as possible".
  • UAE-China ties successful model of international relations: Al Dhaheri

    Beijing, China---Ali Obaid Al Dhaheri, UAE Ambassador to China, has said the UAE and China maintain close strategic relations, which are a "successful model" for international bilateral relations. Al Dhaheri, who  congratulated the leadership and people of China on the 73rd anniversary of the country's founding, said, "We commend the...
  • Afghan students rally in Herat after classroom attack

    Hundreds of students were taking tests training for university admission, and the United Nations said at least 35 were killed and another 82 wounded, with most of the casualties being girls and young women.
  • US, Japan and Australia to boost military ties to counter China

    Vice President Kamala Harris traveled last week to Japan and South Korea and said the United States would act without fear or hesitation throughout Asia, including the Taiwan Strait.
  • Arab Parliament reelects Al-Asoumi as speaker for two years

    During the session, Jordanian MP Khalil Attia was elected as second deputy speaker of the parliament, Iraqi MP Shaalan Abdul-Jabbar Al-Karim as third deputy speaker, and Egyptian MP Alaa Abed as fourth deputy speaker.
  • RWE of Germany signs US$6.8bn US clean energy deal

    RWE is one of Germany's main energy providers, with production historically linked to coal, which placed it among the country's largest CO2 polluters. The group has accelerated its diversification into renewables in recent years.
  • UAE and China relations a model to follow: Suhail Al Mazrouei

    The Energy Minister said the UAE encourages joint investments with China in every sector, most notably in digital economy, green economy and circular economy.
  • Violence erupts in Iraq on third anniversary of protests

    Waving portraits of the "martyrs" killed in rallies three years ago, hundreds of protestors clashed with security forces in Iraqi cities to mark three years since nationwide demonstrations broke out against endemic corruption. The fresh protests come amid political paralysis since elections last year failed to bring in a new...
  • Houthi rebels warn Yemen truce at “dead end”

    A day before the UN-mediated truce is to expire, Houthi rebels have warned that the ceasefire in Yemen is at "a dead end". The temporary ceasefire that took effect in April has allowed for some humanitarian measures as the warring sides have by and large adhered to the truce.
  • World Bank declares $530mn aid for Ukraine’s ‘urgent needs’

    "The toll of destruction, damage, and dislocation in Ukraine is staggering and continues to grow," Anna Bjerde, the bank's regional vice president for Europe and Central Asia, said in the statement.
  • ‘Nord Stream 2 pipeline has stopped leaking gas’

    The Nord Stream 2 pipeline is no longer leaking under the Baltic Sea because an equilibrium has been reached between the gas and water pressure, a spokesman said. "The water pressure has more or less closed the pipeline so that the gas which is inside can't go out," Nord Stream...
  • Russia suspends gas supply to Italy due to transport issues

    SOFIA, BULGARIA - Russia's Gazprom has suspended gas deliveries to Italy's Eni, blaming a transport problem in Austria, the Italian energy giant said. "Gazprom told us that it was not able to confirm the delivery of the volumes demanded for today, citing the impossibility of gas transport through Austria," Eni...
  • Lebanon receives US ‘offer’ over Israel maritime border

    Lebanon said it received a letter from US envoy Amos Hochstein containing an "offer" on a maritime border deal with Israel that could settle competing claims over offshore gas fields. Prime Minister Najib Mikati met with US ambassador to Lebanon Dorothy Shea "who delivered a written offer from the US...
  • OPEC+ to meet in Vienna on Oct 5 for the first time since 2020

    The OPEC+ oil cartel will meet in Vienna next week for the first time since Covid curbs were introduced in 2020, the organization said.
  • ‘Worry and fear’: Incessant Israeli drones heighten Gaza anxiety

    The "sound of drones flying above my family and friends stops the games, the chatting and the laughter", Palestinian poet Mosab Abu Toha wrote in his recent English-language collection "Things You May Find Hidden in My Ear". He told AFP that "the buzzing of the drones and the intermittent raids...
  • Iran gunbattles leave 19 dead, including colonel

    While Iran is struggling to contain rising wave of protests over the death of Kurdish woman Mahsa Amini in morality police custody, its forces are now involved in gun battles in the Southeastern province of Sistan-Baluchestan. At least 19 people including a Revolutionary Guards colonel were killed on Friday.
  • Morocco court toughens migrants’ sentences over border tragedy

    The Spanish enclaves of Melilla and Ceuta have long been a magnet for people fleeing violence and poverty across Africa and seeking refuge via the continent's only land borders with the EU. Since the June 24 incident, dozens of mostly Sudanese migrants have been sentenced to prison terms ranging from...
  • Opposition wins majority in Kuwait Parliament elections

    Winning 28 of the 50 seats in the fresh election to parliament, opposition candidates in Kuwait have ousted 20 former MPs, including three former ministers. Two female candidates have also won, ensuring a female presence in parliament after an all-male assembly was elected in 2020.
  • NASA, SpaceX study boosting Hubble to extend its lifespan

    Arguably among the most valuable instruments in scientific history, Hubble continues to make important discoveries, including this year detecting the farthest individual star ever seen -- Earendel, whose light took 12.9 billion years to reach us. It is currently forecast to remain operational throughout this decade, with a 50 percent...
  • Qatar allows non vaccinated fans at FIFA World Cup

    But players and match officials may be forced into a secure "bio-bubble" if Covid-19 cases take off again, with the threat of expulsion from the tournament for those who breach the secure environment, the health ministry said.
  • Lebanon’s lawmakers fail to elect President

    Lebanon's parliament failed to elect a new president after a first round of voting amid deep divisions over a replacement for Michel Aoun whose term expires next month. Majority of lawmakers cast blank ballots, suggesting the election process may drag on, an outcome Lebanon can ill afford as it wrestles...