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

Iran offers no response to Israeli strike, if US-secures Gaza truce: report

The Damascus airstrike targeted the Iranian consulate, resulting in the death of IRGC commander Mohammad Reza Zahedi and several other...
  • According to a report by Jadeh Iran, Iran has communicated to the United States that it would refrain from retaliating to the airstrike if the US can secure a ceasefire in Gaza
  • The anonymous source cited in the report stated that if the US is successful in calming the situation, it would be seen as a significant achievement for the Biden administration

Trump increasingly ambiguous on Israel amid Gaza war

At the start of Israel's war with Hamas in October, Donald Trump loudly presented himself as the key US ally's...
  • In an exchange with Israeli media, Trump warned that videos "of bombs being dropped into buildings in Gaza" offer "a very bad picture for the world."
  • Despite allusions to his concerns, Trump has not explicitly mentioned the humanitarian crisis in Gaza, where experts warn a famine is looming.

Tehran, Baghdad to launch maritime passenger transport line

TEHRAN, IRAN – Iran and Iraq will launch the first maritime passenger transport line within the next two months, an...
  • Given the readiness of Iran’s Abadan and Khorramshahr ports for the transportation of passengers to the destination of Wasliya and Basra ports in Iraq..
  • the officials of the two sides have expressed their readiness for the initiation of the transportation of passengers via sea, Ali Akbar Safaei emphasized.

Air Arabia Egypt marks its first flight to Istanbul

CAIRO, Egypt – Air Arabia Egypt on Sunday commenced its first non-stop flight from Cairo International Airport to Sabiha Gökçen...
  • Upon arrival at Istanbul, the flight was greeted with a water cannon salute and a welcome ceremony.
  • The newly added route will connect both cities with a frequency of three weekly flights.

Top Europe rights court to issue landmark climate verdicts

STRASBOURG, FRANCE – Europe's top rights court will on Tuesday issue unprecedented verdicts in three separate cases on the responsibility of...
  • In a sign of the importance of the issue, the cases have all been treated as priority by the Grand Chamber of the ECHR.
  • All three cases accuse European governments of inaction or insufficient action in their measures against global warming.

‘Terrible’ Israel-Hamas conflict ‘must end’: UK’s Sunak

The British government on Friday called for "utmost transparency" and a "wholly independent review" into the killing of seven aid...
  • Sunak said the children of Gaza needed a "humanitarian pause immediately, leading to a long-term sustainable ceasefire"
  • The British government, meanwhile, said a Royal Navy ship would be deployed to help get more aid into Gaza

Israelis rally against Netanyahu as Gaza war reaches half-year mark

Organizers said about 100,000 people converged at a Tel Aviv crossroads renamed "Democracy Square" since mass protests against controversial judicial...
  • Rallies were also held in other cities, with Israel's opposition leader Yair Lapid taking part in one in Kfar Saba ahead of his departure for talks in Washington
  • Israeli media said clashes had broken out between protesters and police at the Tel Aviv rally and police said one protester had been arrested

Israeli strikes target eastern Lebanon: source close to Hizbollah

Israel and Hizbollah have exchanged near-daily cross-border fire since the Palestinian group Hamas carried out an unprecedented attack on southern...
  • Israeli strikes targeted two areas in the Bekaa Valley, Janta and Sifri, the source told AFP in the Baalbek region in Lebanon's east
  • Janta is an arid, mountainous region close to the border with Syria, while Sifri is in the centre of the Bekaa Valley

Seven children killed in Syria’s as explosive device goes off

Damascus, Syria - Seven children were killed in southern Syria's Daraa province on Saturday when an "explosive device" detonated, state media...
  • The Britain-based monitor said militias were accused of planting the device in order to target an unidentified person in the area.
  • Syria's war, which escalated into a deadly conflict that pulled in gunmen and foreign armies, has killed more than 507,000 people.

UN agency chief laments Gaza war as ‘betrayal of humanity’

United Nations - Israel's war against Hamas in Gaza has escalated into a "betrayal of humanity", the United Nations' humanitarian...
  • UN humanitarian chief Martin Griffiths called for a "collective determination that there be a reckoning for this betrayal of humanity".
  • "Each day, this war claims more civilian victims," said Griffiths, who will leave his post at the end of June due to health reasons.

US and Iran agree to ‘immediate’ end to military operations, will sign MoU in Switzerland

The content of the agreement, which follows weeks of fraught negotiations and periodic threats from Trump of fresh hostilities unless...

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Gaza, Palestinian future to dominate UN gathering to be attended by 140 world leaders

Kicking off Monday, Saudi Arabia and France will co-chair meetings on the future of the Israeli and Palestinian two-state solution, which...

Qatar meets ICC head as it mulls legal action against Israel

Doha, Qatar -- Qatar has met with the president of the International Criminal Court as it seeks legal action against...

Trump heads for landmark state visit with ‘friend’ King Charles

US President Donald Trump left for a historic second state visit to Britain Tuesday -- but political controversies, wars and...

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Trump sues NYT for $15 billion in latest attack on media

Washington, United States -- Donald Trump filed a $15 billion defamation lawsuit against The New York Times on Monday, adding...
  • In his suit filed Monday in federal court in Florida, Trump accuses The New York Times of a "decades-long pattern" of smears driven by feelings of "actual malice."
  • The lawsuit also named four New York Times reporters and the publisher Penguin Random House as defendants.

Japan political party to install AI leader

The Path to Rebirth party, which was launched in January by Shinji Ishimaru, a former mayor of a small city...
  • Ishimaru came second in the 2024 Tokyo gubernatorial election but he quit the party after it failed to pick up any seats in this year's upper house elections.
  • The AI will not dictate political activities of party members but will focus on decisions such as distribution of its resources among members.

UN investigators: Israel committing genocide in Gaza to ‘destroy the Palestinians’

This is the first time a UN-mandated investigative body has concluded the country is committing genocide and it might prompt...
  • After the report was published, UN rights chief Volker Turk said it was up to the courts to determine whether genocide was taking place, but warned: "We see the evidence mounting."
  • The report came as Israel on Tuesday launched a ground assault on Gaza City, where the UN has declared a full-blown famine.