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

Russia says ‘evidence’ links Ukraine to Moscow attack

MOSCOW, RUSSIA - Russia said on Thursday it had evidence the perpetrators of last week's massacre at a concert hall outside...
  • Russian officials alleged the suspects had received "significant amounts of money and cryptocurrency from Ukraine".
  • The officials said that said another man "involved in financing the terrorists" had been identified and detained.

French parliament condemns 1961 Paris killings of Algerians

Paris, France - The French parliament's lower house on Thursday approved a resolution condemning as "bloody and murderous repression" the killing...
  • Dozens of peaceful demonstrators died during a crackdown by Paris police on a protest by Algerians in 1961
  • The bill, put forward by Greens lawmaker Sabrina Sebaihi and ruling Renaissance party MP Julie Delpech, was approved by 67 lawmakers

UN ‘disturbed’ as Israeli strikes on health care kills 10 in Lebanon

"The tragic events of the past 36 hours have resulted in a significant loss of life and injuries in south...
  • "Deeply disturbed by the repeated attacks on health facilities and health workers who risk their lives to provide urgent assistance to their local communities," said Imran Riza.
  • Hizbollah said four of its fighters and two rescuers were killed in Wednesday's strikes, while its ally the Amal movement said it had lost two members, including a rescuer.

US shoots down four Houthi drones in Red Sea

In November, the Houthis launched a campaign of drone and missile strikes against vessels in the Red Sea, an area...
  • US Central Command that its forces had "engaged and destroyed four long-range unmanned aerial systems" at around 2 am Sanaa time adding there were no injuries
  • Actions against Houthis are taken to protect freedom of navigation and make international waters safer and more secure for US Navy and merchant vessels," CENTCOM added

Crypto fraudster Bankman-Fried faces sentencing

Calling Bankman-Fried's seven-count conviction reflective of the defendant's "unmatched greed and hubris," the government's sentencing request argues for significant jail...
  • US prosecutors are seeking a prison term of 40-50 years after a jury found Bankman-Fried guilty
  • His attorneys depicted their client as a diligent young man motivated by philanthropy

Cross-border fire between Hizbollah and Israel leaves 16 dead

Israeli rescue teams searching a damaged building in the border town of Kiryat Shmona "found a 25-year-old who was unconscious,...
  • Hizbollah said it had fired a barrage of rockets into northern Israel after its neighbour carried out a deadly strike on southern Lebanon
  • The pro-Iranian movement said four of its fighters and two rescuers were killed, while its ally the Amal movement said it had lost two members

Israel backtracks on canceled Rafah talks: US official

Israel's prime minister cancelled the visit after the US abstained on the UNSC vote, allowing it to pass. But Israel backtracked,...
  • Netanyahu last week agreed to a request by Biden to send a team to Washington to hear US concerns
  • The United States also insisted its abstention did not represent a shift in policy on Israel

Israeli troops shoot dead three Palestinians in West Bank

Residents told AFP that Israeli forces entered Jenin and its adjacent refugee camp just after midnight (2200 GMT on Tuesday)...
  • Residents told AFP that Israeli forces entered Jenin and its adjacent refugee camp just after midnight (2200 GMT on Tuesday) and forced their way into several houses.
  • The health ministry said two men, Muhammad Sabti and Hamza Harawi, were killed in an air strike, and Ayman Azouqa was shot dead by Israeli troops.

UN expert faces threats after Israel Gaza ‘genocide’ remarks

Francesca Albanese, the UN special rapporteur on the rights situation in the Palestinian territories, said this week there were reasonable...
  • The pressure, she said, "pisses me off, of course it does. But it ... creates even more pressure not to step back."
  • Israel last month announced a visa ban on Albanese over comments denying that Hamas's October 7 attack was "anti-Semitic".

Quran burner Salwan Momika says leaving Sweden for Norway

Stockholm, Sweden - An Iraqi refugee in Sweden who stoked international outrage by repeatedly desecrating the Quran last year said Wednesday...
  • Salwan Momika, a Christian Iraqi who burned Qurans at a slew of protests in Sweden over the summer, told AFP that he had left Sweden and arrived in Norway.
  • The Swedish Migration Agency revoked Momika's residency permit in October, citing false information in his original application.

US strikes Iranian military sites after Apache helicopter downing

The latest confrontation around the Strait of Hormuz threatens regional shipping security and comes despite renewed diplomatic efforts to stabilize...

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Jailed Istanbul mayor in court over ‘falsified degree’

Istanbul's jailed opposition mayor Ekrem Imamoglu went on trial Friday on charges of falsifying his university degree.

China urges ‘dialogue’ with US over TikTok: ministry

Beijing, China -- China urged the United States on Friday to address their TikTok dispute through dialogue, as top leaders...

UN General Assembly votes for Hamas-free Palestinian state

The text was adopted by 142 votes in favor, 10 against -- including Israel and key ally the United States...

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Iran says enriched nuclear material ‘under rubble’ of facilities hit during Israel war

Tehran, Iran - Iranian Foreign Minister Abbas Araghchi said Thursday that enriched nuclear material remained "under the rubble" of facilities...
  • "All of our material is... under the rubble of the bombed facilities," said Araghchi in an interview, adding that Iran's Atomic Energy Organization was assessing the condition
  • The remarks came after Iran and the International Atomic Energy Agency (IAEA) agreed a new cooperation framework on Tuesday

UN Security Council to meet over drone raid in Poland blamed on Russia

The UN Security Council announced it would hold an emergency meeting Friday to discuss discuss violations of Poland's airspace, a...
  • Poland said the incident was not accidental, branding it an "unprecedented" attack on Poland, NATO and the European Union
  • Stray Russian drones and missiles have entered the airspace of NATO members including Poland several times since Moscow launched its invasion of Ukraine in 2022

At major settlement project ceremony in West Bank, Israel PM vows ‘there will be no Palestinian state’

"We are going to fulfil our promise that there will be no Palestinian state, this place belongs to us," Netanyahu...
  • "We are going to fulfil our promise that there will be no Palestinian state, this place belongs to us," Netanyahu said at the event in Maale Adumim
  • "We will safeguard our heritage, our land and our security... We are going to double the city's population." The event was streamed live by his office