Geostrategy

FAB plans $4.08bn rights issue

UAE’s largest bank seeks capital for growth.

flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

Hamas says no ‘major’ issues, as Gaza truce effort builds

Egypt, Qatar and the United States have been trying to mediate a new truce ever since a one-week halt to...
  • A delegation from the Islamist movement will arrive in Egypt on Monday to deliver the group's response to Israel's counterproposal, a senior Hamas official told AFP
  • Israel's government has come under intense pressure from global allies to reach a ceasefire in the war that humanitarians say has brought Gaza to the brink of famine

Blinken to Saudi as window shrinks on Middle East mega-deal

US Secretary of State Antony Blinken's visit to Riyadh comes nearly seven months after the eruption of war in Gaza...
  • The US State Department said that Blinken will discuss "a pathway to an independent Palestinian state with security guarantees for Israel."
  • As fighting drags on and mediators struggle to lock in a truce, Saudi officials have reiterated their insistence on recognition of an independent Palestinian state

Ship attacked by missiles off Yemen coast: UK agency

In the first attack "the vessel experienced an explosion in close proximity to the vessel which was felt by the...
  • There was no immediate claim of responsibility for the attacks, which the United Kingdom Maritime Trade Operations said took place southwest of the Yemeni port of Mokha.
  • The latest incidents follow a lull in attacks by Yemen's Iran-backed Houthi rebels, who have launched dozens of missile and drone strikes targeting shipping since November

Geopolitical unrest generates an onslaught of DDoS attacks

NETSCOUT SYSTEMS, INC. released findings from its 2H2023 DDoS Threat Intelligence Report that dissects trends and attack methodologies adversaries use...
  • Hacktivist Groups increase activity globally
  • Over 7 million DDoS attacks in H2 2023

Ahead of feared Rafah invasion, Palestinians mourn bombardment dead

Israeli government spokesman David Mencer said Israel's war cabinet was meeting Thursday "to discuss how to destroy the last battalions...
  • Global concern has mounted over the looming operation against Hamas in Rafah, where much of Gaza's population has sought refuge from more than six months of war
  • Israeli officials have for more than two months vowed to enter Rafah, near the Egyptian border, but even before any ground operation the area has been regularly bombed

Israel says forces carrying out ‘offensive action’ in south Lebanon

Israeli forces are carrying out "offensive action" across southern Lebanon, Defence Minister Yoav Gallant said Wednesday without specifying whether ground...
  • The Israeli army said Hizbollah "has established dozens of terror means and infrastructures in the area" to attack Israel
  • Cross-border exchanges of fire have flared between the Israeli army and Hizbollah since Hamas's October 7 attack on Israel triggered war in Gaza

Israel thanks US Senate for approving military aid

Israel's foreign minister on Wednesday thanked the US Senate for approving $13 billion in military aid that he said sent...
  • The $13 billion in military aid that he said sent a "strong message" to the country's enemies
  • The approval comes as the war in Gaza enters its 201st day

Lebanon’s Hizbollah launched ‘dozens’ of rockets at Israel after civilian deaths

Hizbollah fighters fired "dozens of Katyusha rockets" at northern Israel "as part of the response to the Israeli enemy's attacks...
  • The Iran-backed Hizbollah group and Israel have exchanged regular fire in the south of Lebanon since October
  • Hizbollah said it launched "a combined air attack using decoy and explosive drones that targeted" two Israeli bases north of Acre

Tunisia, Algeria, Libya hold ‘advisory’ meeting to create new regional coalition

The meeting was decided on by Algerian President Abdelmajid Tebboune, Libya's head of presidential council Mohamed Al-Menfi and Tunisian President...
  • The coalition is aimed at furthering "security, stability and development throughout the region", Tunisian foreign minister Nabil Ammar said
  • No leaders from Morocco or Mauritania were present at the meeting, set to take place every three months

Rockets fired from Iraq at US-led coalition base in Syria

Rockets were fired late Sunday from northern Iraq at a military base in Syria housing a US-led coalition, according to...
  • It is the first major attack against the coalition forces in several weeks
  • The Islamic Resistance in Iraq has said it is acting in solidarity with Palestinians and out of anger at US support for Israel

1.1 billion children worldwide face three climate threats

Dubai, UAE -- Nearly half of the world's children – or around 1.1 billion children – are exposed to at...

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Dubai Integrated Economic Zones posts record $91 billion trade in 2024

Dubai, UAE – The Dubai Integrated Economic Zones Authority (DIEZ) recorded its highest-ever trade performance in 2024, with total trade...

Seismic shift: UK, Australia and Canada recognize Palestinian state

Portugal was also to recognize Palestinian statehood, as Israel came under huge international pressure over the war in Gaza where...

White House says $100,000 H-1B visa fee to be one-time payment

Washington, United States -- The White House issued a major clarification Saturday to its new H-1B visa policy that had...

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Floating wind power sets sail in Japan’s energy shift

Still heavily reliant on imported fossil fuels, Japan has declared offshore wind energy a "trump card" in its drive to...
  • That's despite rising project costs and fears over inadequate infrastructure to produce turbines en masse.
  • Floating turbines are particularly well suited to Japan as its deep coastal waters make fixing them to seabeds tricky.

With cash and aid, Saudi Arabia pursues soft power push in Syria

Saudi Arabia has spent months courting Syria's new leaders, aiming to draw closer a country long dominated by Iran and...
  • Syria was a battleground for outside powers throughout the conflict, with Iran and Russia backing Assad, and Turkey and the United States supporting various armed groups.
  • In May, Saudi Crown Prince Mohammed bin Salman convinced visiting US President Donald Trump to promise to lift Syria sanctions.

Hamas warns hostages face fate of missing pilot if Israel assault continues

Hamas' armed wing published Saturday "farewell" photographs of most of the remaining hostages in Gaza, warning that Israel's assault on...
  • Of the 251 people seized by Palestinian militants during their attack on Israel in October 2023, 47 remain in Gaza, including 25 the Israeli military says are dead
  • Israel launched a ground assault on Gaza City on Tuesday, following weeks of heavy air strikes that continue on the territory's largest urban centre