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.
  • Gas shortage threatens French yoghurt production

    The French are big on yoghurt, behind only the Dutch in consumption per capita. It is not only a breakfast staple, but often eaten with lunch or as a snack.
  • Iran terms statement on nuclear talks “unconstructive”

    Castigating the three European powers for an “unconstructive” statement about negotiations aimed at reviving a 2015 nuclear deal, Iran has asked Germany, France and Britain to provide a solution to end what it called as disagreements “instead of entering the phase of destroying the diplomatic process.”
  • Loan exemptions: GCC’s way to help individuals, firms

    The Gulf countries assist loan defaulters by delaying payments or exempting those who can't pay to save emerging companies and prevent their accumulation of financial burdens.
  • Summit in UAE discusses global partnerships, prosperity

    Over 200 senior officials convened in the "Ambassadors Forum", organized by the World Government Summit Organization in partnership with UAE Ministry of Foreign Affairs and International Cooperation, to rally for international partnerships.
  • Pentagon combines sea drones, AI to police Gulf region

    The year-old program operates numerous unmanned surface vessels, or USVs, in the waters around the Arabian peninsula, gathering data and images to be beamed back to collection centers in the Gulf. The program operated without incident until Iranian forces tried to grab three seven-meter Saildrone Explorer USVs in two incidents,...
  • Dozens protest in Morocco after Israeli envoy recalled

    Around 100 people chanted slogans against the rapprochement between Morocco and Israel, criticising its ambassador David Govrin and Moroccan Foreign Minister Nasser Bourita. Israeli public broadcaster Kan reported Monday that a foreign ministry delegation had been dispatched to Rabat, following sexual abuse allegations against envoy Govrin.
  • Egypt, Greece, Saudi in talks to jointly host 2030 World Cup

    Egypt, Greece and Saudi Arabia are in talks to jointly host the 2030 World Cup football tournament, an Egyptian official said Friday in televised remarks. "The three countries are working flat out" and "the application to organise (the 2030 World Cup) is being studied", sports ministry spokesman Mohammed Fawzi told...
  • Putin wants talks with Erdogan over Ukraine grain

    The Kremlin said that President Vladimir Putin will discuss with Turkish President Recep Tayyip Erdogan a deal allowing grain exports from Ukraine that Russia has criticized. The agreement between Russia and Ukraine, brokered by Turkey and the United Nations, designated three ports for Kyiv to send grain supplies through a...
  • Lebanon-Israel maritime border deal needs more work: US envoy

    US mediator Amos Hochstein on Friday noted progress in indirect talks between Lebanon and Israel over a maritime border dispute but said more work was needed for a final agreement. The dispute which involves competing claims over offshore gas fields escalated in June after Israel moved a production vessel near...
  • Blinken says Iran moved ‘backwards’ in nuclear deal talks

    Iran's latest reply on a nuclear deal is a step "backwards," US Secretary of State Antony Blinken said Friday, insisting Washington would not rush to rejoin at any cost. European mediators last month appeared to make progress in restoring the 2015 accord as Iran largely agreed to a proposed final...
  • Ajman Chamber, Russian delegation discuss trade ties

    The Chairman of the Ajman Chamber of Commerce and Industry (ACCI) recently received an economic delegation from the Russian Federation to discuss prospects for developing relations between business owners from the two countries.
  • EU ministers seek ways to face energy shock

    Moscow's invasion has seen the price of natural gas hit record levels, throwing the EU economy into deep uncertainty with all eyes on whether Russian President Vladimir Putin will cut off the energy flow entirely. Before the war, 40 percent of the EU's gas imports came from Russia, with most...
  • Charles: the outspoken and understated new king

    the late monarch's eldest son, 73, made the most of his record-breaking time as the longest-serving heir to the throne by forging his own path.
  • US sanctions Iranian company that shipped drones to Russia

    The US Treasury said it had placed Tehran-based Safiran Airport Services on its sanctions blacklist, two months after the White House divulged intelligence that Russia was seeking Iranian unmanned aerial vehicles (UAVs) for its war on Ukraine.
  • US launches Asia economic forum to counter China

    The two-day event is the first face-to-face meeting between members of the new Indo-Pacific Economic Prosperity Framework (IPEF), an initiative launched in May by US President Joe Biden. With this new trade partnership, the Biden administration hopes to reinforce its presence in a region that felt cold-shouldered under former president...
  • Gas to flow ‘in weeks’ from Israeli licensed field disputed by Lebanon

    Israel says the Karish field is located entirely within its exclusive economic zone, but Lebanon insists that part of the field falls within its own waters. The US has mediated in the dispute, which escalated in early June when Energean brought a production vessel into the field.
  • Middle East heating at twice the global average: Study

    Nicosia, Cyprus - The Middle East is heating at nearly twice the global average, threatening potentially devastating impacts on its people and economies, a new climate study shows. Barring swift policy changes, its more than 400 million people face extreme heatwaves, prolonged droughts and sea level rises, said the report...
  • Queen Elizabeth II, longest-serving British monarch, passes away at 96

    The eldest of her four children, Charles, Prince of Wales, who at 73 is the oldest heir apparent in British history, becomes king immediately. Two days earlier the queen appointed Liz Truss as the 15th prime minister of her reign and was seen smiling in photographs but looking frail and...
  • Egypt vows to champion climate finance for Africa at COP27

    Egypt's environment minister Yasmine Fouad said that Egypt will also remind rich countries of the industrialized world of their unfulfilled aid pledges, at the COP27 summit in the Red Sea resort of Sharm el-Sheikh. The country seeks to represent Africa which shares little of the blame for global warming but...
  • Future Investment Initiative Institute to hold events in Riyadh, New York

    Riyadh, Saudi Arabia-- The Future Investment Initiative Institute said Thursday two of its major events will be held in September and October---its flagship event in Riyadh from Oct 25-27 and PRIORITY summit in New York on Sept. 22. The PRIORITY will be held on the sidelines of the 77th session...
  • Egypt to set up framework to regulate streaming platform content

    Egypt is to establish a licensing framework for digital entertainment platforms like Netflix that will require them to conform to the majority-Muslim country's "social values," the regulatory body said. The announcement late Wednesday comes just days after Saudi Arabia and its Gulf neighbours asked Netflix to drop content that conflicted...
  • UN says human progress set back five years by Covid

    Depicting a gloomy picture of the state of human progress, a United Nations report argues that an unprecedented array of crises, chiefly among them Covid-19, has fueled a global wave of uncertainty. The UN development Program said the Human Development Index has declined for two years straight.
  • Energy majors exaggerating green performance: analysis

    Campaigners say this "significant misalignment" between communication strategies and business plans could allow five of the biggest privately-owned energy firms to continue to delay the decarbonization needed to avoid the worst impacts of climate change.
  • US condemns Iran’s cyberattack on Albania, its ally

    US has threatened to launch ‘further action’ against Iran for what it called an ‘unprecedented’ cyberattack against its ally Albania. US has accused Iran of threatening the security of a US ally and setting a troubling precedent for cyberspace. Albania in retaliation has cut off diplomatic relations with Iran.
  • Tunisia’s opposition alliance to boycott December elections

    Tunisia's main opposition alliance said Wednesday its members including the once-powerful Ennahdha party would boycott December polls to replace a parliament dissolved by President Kais Saied. The vote is set for nearly a year and a half after Saied suspended the Ennahdha-dominated assembly and sacked the government, later pushing through...
  • Qatar reopens mothballed Doha airport to ease World Cup traffic

    The Doha airport has been in semi-retirement since it was replaced in 2014 by the nearby Hamad International Airport, which has since become a major hub in parallel with the growth of flag carrier Qatar Airways. It is currently mainly being used for flights by Qatar's royal family and VIPs...
  • EU seeks closer ties with gas-rich Qatar, opens office in Doha

    The European Union opened an office in Qatar on Wednesday in a sign of the Gulf state's growing influence in solving the international energy crisis. EU council president Charles Michel was to meet the emir of Qatar, Sheikh Tamim bin Hamad al-Thani, and other top officials in Doha later in the...
  • Erdogan says West staging ‘provocations’ against Russia

    Erdogan has maintained good working relations with Russian President Vladimir Putin while trying to stay neutral in the conflict and supplying Ukraine with weapons and combat drones. Erdogan is expected to meet Putin at a regional summit in Uzbekistan next week.
  • UN gives Gaza children tablets to connect with world

    Children make up nearly half of Gaza's population of 2.3 million. Most of them have never been able to leave the coastal territory.
  • Truss to meet cabinet, face MPs on first full day in power

    The 47-year-old won an internal ballot of Tory members on Monday, securing 57 percent of the vote, after a grueling contest against former finance minister Rishi Sunak that began in July.
  • Russia will stop oil, gas export to countries seeking price cap: Putin

    Pointing to rising energy prices in Europe ahead of winter, Putin insisted Russia would supply nothing outside of existing contracts, quoting a Russian fairy tale: "Freeze, freeze, the wolf tail". Capping prices, as some Western countries are considering, "would be an absolutely stupid decision," Putin said.
  • Heatwaves and wildfires to worsen air pollution: UN

    The WMO's annual Air Quality and Climate Bulletin examined the impacts of large wildfires across Siberia and western North America in 2021, finding that they produced widespread increases in health hazards, with concentrations in eastern Siberia reaching "levels not observed before".
  • New Israel strikes put Aleppo airport out of service: Syria state media

    It is the second reported Israeli strike on the airport in northern Syria in less than a week. "At around 8:16 pm (1716 GMT), the Israeli enemy fired missiles from the Mediterranean Sea... targeting Aleppo International Airport, damaging the runway and rendering it out of service," it said.
  • Gulf states warn Netflix over content that ‘contradicts’ societal values

    Riyadh--Saudi Arabia and neighbouring Gulf countries on Tuesday accused streaming giant Netflix of broadcasting content that "contradicts Islamic and societal values" and threatened legal action if it was not removed. A statement issued jointly by the Saudi media regulator and the six-member Gulf Cooperation Council, headquartered in Riyadh, did not...
  • Saudi delegation visits Jordan’s Petra to enhance cooperation

    A delegation from Saudi Arabia's Royal Commission for AlUla (RCU) visited Petra on Tuesday to advance cooperation between the two kingdoms in tourism.
  • IAEA calls for security zone at Ukraine’s nuclear plant

    The International Atomic Energy Agency called Tuesday for the establishment of a security zone around Ukraine's Zaporizhzhia nuclear power plant, occupied by Russia and the site of recent shelling. "The current situation is untenable," the UN atomic watchdog said in a report after it sent a team to the plant...
  • Stocks push higher, but yen and euro under pressure

    European and US stocks rose Tuesday, but gains were capped by economic slowdown fears and central bank efforts to contain surging inflation. Frankfurt, London and Paris equities carved out gains despite poor German data, a day after tumultuous trading as Russia curbed gas supplies to Europe.
  • UAE takes part in G20 Health Working Group in Indonesia

    UAE's Ministry of Health and Prevention (MoHAP) has taken part in the G20 Health Working Group (HWG3) meeting in Indonesia to discuss strengthening global health infrastructure through expanding manufacturing and research hubs for pandemic prevention, preparedness and response.
  • Liz Truss becomes new UK PM, Johnson pledges support

    She faces a daunting to-do list, with the UK in the grip of its worst economic crisis in decades, with double-digit inflation and skyrocketing gas and electricity bills. Truss, who touts herself as a free-market liberal, has promised tax cuts to stimulate growth, despite warnings that greater borrowing could make...
  • Erdogan blames Europe’s energy crisis on Russia sanctions

    Erdogan told reporters before departing for a three-nation swing through the Balkans that European nations were "harvesting what they sowed" by imposing economic restrictions on Russia.
  • Palestinian killed in Israel West Bank raid: Palestinians

    Human rights activists say Israel's policy of demolishing the homes of suspected attackers amounts to collective punishment, as it can render non-combatants, including children, homeless.
  • Algeria a ‘reliable’ gas supplier: EU chief Michel

    European officials have been looking to Algeria, Africa's biggest gas exporter, to fill a shortfall in supplies after Russia's invasion of Ukraine in February sent prices soaring. The situation has taken on added urgency in recent days after Russia halted gas deliveries to Germany via the key Nord Stream pipeline...
  • France raises Russian sanctions-busting with Turkey

    Catherine Colonna met her Turkish counterpart Mevlut Cavusoglu before flying to Athens on Tuesday to address a new spike in tensions between the two NATO neighbours and historic foes. Colonna made efforts at a joint media appearance with Cavusoglu to avoid a repeat of the public spat that developed during...
  • Iran hopes to see sanctions relaxed to export gas to Europe

    Tehran, Iran - Iran said Monday it hopes to see US sanctions eased or lifted to allow it to sell natural gas to Europe, easing the continent's shortfall as Russian energy exports are restricted. "Given Europe's energy supply problems triggered by the Ukraine crisis, Iran could provide Europe's energy needs...
  • Israel admits ‘high possibility’ that IDF killed journalist Abu Akleh

    "Our conclusion is that it's not possible to determine unequivocally which gunfire killed her, but there's a higher probability that she was hit by an errant shot of an IDF soldier who did not identify her as a journalist," a senior Israeli military officer said.
  • Iran looks at Russian Sukhoi Su-35 jets to boost air force

    Nearly a week after the US said Russia was receiving Iranian combat drones to be used in the Ukraine war, Iran says that it is looking to buy Sukhoi Su-35 fighter jets from Russia. Both the countries are under international sanctions, Iran for pulling out of the nuclear deal and...
  • OPEC+ to meet in order to adjust quotas for October

    Faced with a bleak global economic outlook, the OPEC+ countries are expected to agree a modest increase in oil production at a meeting on Monday. The 13 members of the OPEC cartel, led by Saudi Arabia, and their 10 partners, led by Russia, are meeting to adjust their quotas for...
  • ECB set to raise interest rate to tame runaway inflation

    European Central Bank policymakers look set to hike interest rates again to tame runaway inflation amid a steep increase in the price of energy. The high inflation has sent the pace of consumer price rises to new high, with Eurozone inflation hitting 9.1 percent in August.
  • Israel delays, amends new West Bank travel rules after outcry

    The planned rules had stipulated that foreign passport holders notify Israeli authorities within 30 days of starting a relationship with someone holding residency in the West Bank. COGAT, the Israeli defence ministry body responsible for Palestinian civil affairs, on Sunday published a revised text which removed the paragraph demanding they...
  • Turkish warship docks in Israel in sign of warming ties

    In the wake of months of diplomatic warming between the two countries, a Turkish warship docked in Israel over the weekend for the first time since 2010. The frigate, according to the Turkish defense ministry, will remain in the port of Haifa until September 6.