INSEAD Day 4 - 728x90

United States

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.
  • 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.
  • Pie from the sky: drone delivery lands in America

    Amazon founder Jeff Bezos who in 2013 unveiled a delivery drone in a CBS interview, predicting that within five years airborne shipments would be routinely zipping from fulfillment centers to customers' doorsteps. Things haven't quite gone that way for the company that has otherwise seeped ubiquitously into aspects of modern...
  • NASA scraps scheduled Moon launch due to tropical storm

    NASA has called off the scheduled Tuesday launch of its uncrewed mission to the Moon due to a tropical storm that is forecast to strengthen as it approaches Florida. After two previously canceled launch attempts, NASA is weighing returning the Artemis 1 mission rocket to its assembly site under the...
  • UAE delegation attends meetings on sidelines of UNGA session

    The UAE delegation attended the fifth day of high-level meetings on the sidelines of the 77th Session of the United Nations General Assembly.
  • ‘More efforts needed for net zero carbon emissions by 2050’

    More efforts are required to make the world reach net zero emissions by mid-century, according to the International Energy Agency's (IEA) latest appraisal of global progress on clean energy technologies.
  • Israel no longer partner for peace, says Palestinian leader

    Israel is impeding progress toward a two-state solution and can no longer be considered a reliable partner in the peace process, Palestinian leader Mahmud Abbas told the United Nations. His remarks come a day after Israeli Prime Minister Yair Lapid said he supported a two-state solution, but Abbas said the...
  • Israel PM: World must use force if Iran builds nuclear bomb

    For the past 10 days, various officials have suggested the deal - which US then-president Donald Trump scrapped in 2018 - might not be renewed until at least mid-November, a deadline that Lapid has tried to use to push the West to impose a tougher approach in their negotiations.
  • We are helping Lebanon to deal with economic challenges: Blinken

    The United States Secretary of State Antony Blinken said the US is supporting Lebanon through its incredibly challenging economic issues.
  • Iraq, Kuwait, US conduct joint patrol in Arabian Gulf

    Ships from the Iraq Navy, Kuwait Naval Force, Kuwait Coast Guard, US Navy, and US Coast Guard participated in maneuvering exercises and maritime security drills.
  • European Union mulling Iran response to ‘final’ nuclear text

    The European Union said Tuesday it was studying Iran's response to a "final" draft agreement on reviving a 2015 nuclear accord with major powers it presented at talks in Vienna. The United States had already said Monday that it was informing EU foreign policy chief Josep Borrell of its response...
  • US Fed decisions may effect UAE’s inflation scene

    The dollar's first-quarter increase of about 10% against a basket of international currencies may reduce the impact of imported inflation due to dirham's peg to the US currency.
  • China drills reveal plans for Taiwan blockade: experts

    The visit to Taiwan by US House Speaker Nancy Pelosi -- second in line to the presidency -- sparked outrage from Beijing, which launched vast military manoeuvres around the island, even at the risk of partially exposing its plans to the United States and its Asian allies. Mobilising fighter planes,...
  • “US lives in solipsistic fantasies”

    Diminished leverage in the Gulf region makes Washington a less compelling partner than it once was, says Chas W Freeman, Former US Ambassador to Saudi Arabia.
  • US Department of State releases 2022 Investment Climate Statements

    The US Department of State released on Thursday the 2022 Investment Climate Statements, which help US companies make informed business decisions by providing up-to-date information on the investment climates of more than 160 countries and economies that are current or potential markets for American companies. The Investment Climate Statements also...
  • Crises make GCC, Western countries more pragmatic

    An increasing number of strategic agreements are being signed with the regional players as Europe, US seek to diversify sources of energy supply, says an expert at IRIS
  • Biden’s Arab trip lukewarm, at best

    The US president could not dispel the view that the Washington is no longer a reliable ally and he also failed to connect at a personal level with the young GCC leaders, say experts.
  • Washington to remain fully engaged in Middle East, says Biden

    US President Joe Biden told Arab leaders on Saturday that Washington would remain fully engaged in the Middle East and would not cede influence to other world powers. "We will not walk away and leave a vacuum to be filled by China, Russia or Iran," Biden said during the Jeddah...
  • Biden announces $1 bn in food aid for Middle East: US official

    The president will announce today that the United States has committed $1 billion in new near to long-term food security assistance for the Middle East.
  • Biden vows to defend KSA, halt Iran’s nuclear bid

    A joint communiqué, issued after US president's meetings with King Salman and Crown Prince Mohammed bin Salman, outlines the strategic alliance between the two countries.
  • Saudi Arabia, US sign 18 agreements in key sectors

    The agreements -- covering space, investment, energy, communications and health -- aim to strengthen bilateral relations between the two countries.
  • US warns against conflict as Libya appoints new chief for key oil firm

    Libya's government replaced the head of the key National Oil Corporation on Thursday in a dramatic move that prompted the US to warn against any "armed confrontation" over the sector. The North African country's vast oil reserves have often been at the heart of political disputes, but the NOC had...
  • Saudi Arabia-US: A crisis-peppered partnership

    On February 14, 1945, the two countries' partnership is sealed during a historic meeting between king Abdel Aziz bin Saud and president Franklin D Roosevelt.
  • Twitter down for short period in US, Europe, restored later

    Twitter experienced a widespread but seemingly brief outage in the United States and parts of Europe on Thursday. The Downdetector website showed that outage reports spiked in the United States around 1200 GMT, while users reported service interruptions in France and elsewhere.
  • Brent oil closes under $100/barrel for first time since April

    Brent oil futures closed Tuesday under $100 a barrel for the first time in three months as recession worries cloud the near-term outlook for crude demand. The contract for the international oil benchmark for September delivery tumbled 7.1 percent to $99.49 a barrel as the market focused on worries about...
  • Iran to supply Russians with UAVs for Ukraine: White House

    Iran is planning to supply hundreds of drones with combat weapon capabilities to Russia for use in Ukraine, a top US official said Monday. Jake Sullivan, the White House national security advisor, said the information received by the United States supported views that the Russian military is facing challenges sustaining...
  • Iran remains hopeful of nuclear deal with major powers

    The US, meanwhile, says it is "disappointed" that there is "no progress made" after two days of indirect talks with Iran brokered by an EU envoy in Doha. President Joe Biden's administration has "made clear our readiness to quickly conclude and implement a deal on mutual return to full compliance".
  • Expanding NATO squares up to Russia as Putin slams ‘imperial’ alliance

    The United States vowed to reinforce Europe's defences in the wake of Russia's invasion of Ukraine, as NATO declared Moscow the West's greatest threat -- prompting Vladimir Putin to lash out at the alliance's "imperial ambitions". Meeting in Madrid Wednesday, NATO leaders said Russia "is the most significant and direct...
  • Inflation poses new challenges to Middle East, GCC

    The global inflation wave -- affecting the US, EU and China and spreading to the Gulf countries -- is forcing common people to look for solutions away from the govt actions.
  • Iran removal of monitoring cameras may scupper nuclear talks: IAEA

    The UN atomic energy watchdog said Thursday that Iran was removing 27 surveillance cameras at its nuclear facilities, warning this could be a "fatal blow" to negotiations to revive a 2015 nuclear deal. Talks began in April last year to bring the United States back into that landmark agreement, after...
  • Jordan’s exports to US rise by six percent in first quarter

    Jordan's trade balance with the United States registered a surplus of JD105 million ($147.85 million) in the first quarter of 2022, according to the latest foreign trade statistics. Data released by the Department of Statistics on Sunday noted that the national exports to the United States increased by six percent...
  • More than 700 monkeypox cases globally, 21 in US: CDC

    The US Centers for Disease Control and Prevention (CDC) said Friday it was aware of more than 700 global cases of monkeypox, including 21 in the United States, with investigations now suggesting it is spreading inside the country. Sixteen of the first 17 cases were among people who identify as...
  • Western powers sound alarm on China plan for South Pacific

    Western powers sounded the alarm Thursday over leaked plans to dramatically expand China's security and economic reach in the South Pacific, in what one regional leader called a thinly veiled effort to lock island states into "Beijing's orbit". If approved by Pacific island nations, the wide-ranging draft agreement and a...
  • Greece will send Iranian oil from seized ship to US: police

    Greece will send Iranian oil from a seized Russian-flagged tanker to the United States at the request of the US judiciary, Greek port police said Wednesday, a decision that angered Tehran. Last month the Greek authorities seized the Pegas, which was said to have been heading to the Marmara terminal...
  • Tech titans curb hiring in a ‘challenging macro environment’

    From e-commerce colossus Amazon to social networking star Facebook, US tech firms that once grew with abandon have reined in hiring to endure tumultuous times. Internet giants that saw business boom during the pandemic have taken a hit from inflation, war, supply-line trouble and people returning to pre-Covid lifestyles. Corporate...
  • US ‘working to clarify Turkey’s position’ on NATO enlargement

    Washington is "working to clarify Turkey's position" after President Recep Tayyip Erdogan expressed opposition to Finland and Sweden joining NATO, White House spokeswoman Jen Psaki said Friday. The idea of the two nations becoming members of the transatlantic alliance had received "broad support from NATO member countries," Psaki said.
  • Companies envision taxis flying above jammed traffic

    Companies such as Archer, Joby and Wisk are working on electric-powered aircraft that take off and land vertically like helicopters then propel forward like planes.
  • Jordan king meets US military officials in Tampa

    The meetings covered means of enhancing military and defense cooperation between Jordan and the United States.
  • Russia steps up Ukraine fight as EU braces for gas paucity

    The United States has been warning that Russia is preparing to formally annex regions in Ukraine’s east, while the European Union has told member states to brace for a complete breakdown in Russian gas supplies as it prepared a new package sanctions.
  • North Korea leader warns of ‘preemptive’ use of nuclear force

    Pyongyang should continue to build up its arsenal so that it can have the "overwhelming military muscle that no force in the world can provoke," the country's leader Kim Jong Un said, calling it the "lifeline guaranteeing the security of our country".
  • FBI accuses North Korea hackers of $620m cryptocurrency heist

    The hack, which last month targeted players of the popular game Axie Infinity, was one of the biggest to hit the crypto world, raising huge questions about security in an industry that only recently burst into the mainstream thanks to celebrity promotions and promises of untold wealth.
  • IEA lowers world oil demand outlook on China lockdowns

    Russian oil supply, meanwhile, is expected to continue to fall in April by 1.5 million barrels per day amid its invasion of Ukraine, according to the IEA, which advises developed countries on their energy policies.
  • Syria again accuses US of stealing oil through Iraq

    Syria has over the past few months repeatedly accused the US of using its forces to steal oil from its territories. Operation Inherent Resolve, the US military's operational name for the international military intervention against the Islamic State group, has refuted those claims.
  • US to keep Quds Force of Iran on terror list

    The United States insisted Friday on keeping the elite Quds Force of Iran's Revolutionary Guards Corps on its designated list of terror groups, as Washington pushes on with negotiations to restore the 2015 Iran nuclear agreement.
  • Civilians try to flee east Ukraine as Russia prepares attack

    More than 11 million people in Ukraine have been displaced since Russia invaded on February 24, aiming to seize the capital Kyiv. With that goal thwarted, it is instead trying to create a land link between occupied Crimea and Moscow-backed separatist statelets in Donbas.
  • EU plans to punish Russia more with sanctions on oil or coal

    The EU is considering to hit Russia with sanctions on oil or coal over the war in Ukraine, a top official said on Tuesday, though some countries remain worried of the potential economic fallout.
  • US, Iran spar over stalled nuclear talks and demands

    Iranian foreign ministry spokesman Saeed Khatibzadeh said that the country's negotiators would not return to Vienna, the site of the year-long talks to restore the nuclear deal — formally called the Joint Comprehensive Plan of Action (JCPOA) — until Washington settles outstanding issues.
  • Jordan, US discuss ways to enhance strategic partnership

    Jordan’s Deputy Prime Minister Ayman Safadi and US Secretary of State Antony Blinken discussed the new MoU for the strategic partnership between the two countries.
  • Russia accused of causing ‘global food crisis’ at UN

    'Russia's aggression against Ukraine is increasing the risk of famine around the world,' France's representative to the UN said.
  • Ukraine retakes Kyiv suburb, as negotiations for peace resume

    Ukrainian troops "liberated" the suburban town of Irpin, Interior Minister Denys Monastyrsky said, wresting a key gateway to the capital's northwest from Russian control, even as its negotiators prepared to meet Russian counterparts for face-to-face talks in Istanbul on Tuesday.
  • US steps up pressure as Russia continues Ukraine attack

    In an impassioned speech from the Royal Castle in Warsaw, delivered after meeting top Ukrainian ministers in Poland and earlier conferring with NATO and EU allies on the conflict, US President Joe Biden plainly warned Russia: ‘Don't even think about moving on one single inch of NATO territory.’