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

Clowns try to put smiles back on faces of Gaza children

Palestinian Territories - The children of Gaza have little to eat, have had to flee their homes and have survived...
  • Clowns and acrobats performed for children in the Nuseirat refugee camp's school where their displaced families have been sheltering the bombing.
  • Wassim Lobed, whose support group organized the show, said they are trying to provide psychological relief to trauma-hit children.

Hyundai to invest $50bn in South Korea

The automaker will make a bigger push to produce EVs.
  • With the $50.5bn investment announced, Hyundai said it wants to "secure future growth engines in an uncertain business environment through constant change and innovation"
  • Under the plan, Hyundai will create 80,000 jobs in South Korea and build three new EV factories, with the aim of increasing annual EV production to 1.51 million units by 2030

UN Palestinian agency chief says funding secured until end of May

Gaza has endured almost six months of war and a siege that has cut off most food, water, fuel and...
  • UNRWA is in crisis since Israel accused that a dozen of its employees were involved in October 7 Hamas attack
  • UNRWA chief warned last month that the funding crunch was so great the organization might not be able to operate beyond March

Israeli hostage held by Hamas in Gaza dead, say families

Jerusalem--One of the Israeli hostages kidnapped during the October 7 Hamas attack has been killed and his body is being...
  • The slain hostage, Uriel Baruch, 35, a father of two, was taken from the Supernova music festival by Hamas fighters
  • Fighters from Hamas seized 253 Israeli and foreign hostages during the October 7 attack on Israel that triggered the war

Syria strikes kill 17 including Iran Guard, WHO worker

According to the Syrian Observatory for Human Rights monitor, an Iranian Revolutionary Guards adviser, his two Iranian security escorts, and...
  • A US defence official told AFP the United States "did not conduct any airstrikes" overnight
  • WHO chief announced on social media "the tragic loss of another one of our own in an air strike in Syria"

Qatar says negotiations ‘ongoing’ for Gaza truce

Doha, Qatar - Mediator Qatar said on Tuesday that talks between Hamas and Israel on a Gaza truce and hostage release...
  • Qatar, with the United States and Egypt, has been engaged in weeks of behind-the-scenes talks in a bid to secure a truce in Gaza
  • Since the UN adopted a resolution on Monday demanding an "immediate ceasefire", Hamas and Israel have traded blame for their failure to agree a deal.

US defense chief tells Israeli counterpart that Gaza toll is ‘too high’

US Defense Secretary Lloyd Austin told his Israeli counterpart Yoav Gallant that civilian casualties in Gaza are "too high". A...
  • A senior Pentagon official said that US Defense Secretary had discussed his hopes that negotiations would "soon produce the release of all hostages."
  • The United States has backed Israel with both military and diplomatic support.

Thousands trapped in Gaza hospital surrounded by Israeli tanks

Gaza's health ministry said Israeli troops were shooting and firing "shells and (conducting) violent raids in its surroundings in preparation...
  • Witnesses told AFP that shots were being fired at the sprawling complex in the southern city of Khan Yunis, but no raid was as yet taking place
  • "Thousands of displaced people are still inside the hospital,.They do not have sufficient quantities of drinking water, food and infant formula," the ministry said.

‘Parliamentary diplomacy crucial in stopping wars’

He also points out the necessity of leveraging parliamentary diplomacy to avert wars and conflicts, through mediation and good offices...
  • Qatar's Shura Council pushes for the reform of the United Nations system, highlighting the need for justice and equality.
  • The Gulf country's mediation efforts are being recognized for promoting peace and reconciliation on the international stage.

Hamas leader Haniyeh visits Iran: state media

Haniyeh's visit comes after a resolution adopted by the UN Security Council on Monday called for an "immediate ceasefire" for...
  • Hamas chief will meet with Foreign Minister Amir-Abdollahian and other senior officials
  • Haniyeh's last visit was in early November when he met Iran's supreme leader

Israel and Iran signal restraint after renewed military clashes

Both countries, however, warned that they were ready to launch retaliatory attacks if provoked. The renewed hostilities raised concerns that...

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UAE summons Israel envoy over ‘cowardly’ Qatar attack, condemns Netanyahu’s statements

The UAE, along with Bahrain, was the first Gulf country to normalize ties with Israel in 2020 and has been...

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...

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...

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Hamas says US ‘accomplice’ in Israel Qatar attack as funerals held

"This crime was... an assassination of the entire negotiation process and a deliberate targeting of the role of our mediating...
  • In Doha, tight security surrounded the mosque where prayers were held as the Gulf state's ruler joined mourners.
  • One coffin bearing a Qatari flag and five others bearing Palestinian flags were brought into the mosque, live footage from Qatar television showed.

EU lawmakers back push for action against Israel over Gaza

The EU chief said Wednesday in her keynote annual address to the European Parliament that she would propose those steps...
  • The European Parliament said it had voted a non-binding resolution that "endorses the Commission president's decision to suspend EU bilateral support to Israel.
  • It said it also "calls for sanctions" on Israeli Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben Gvir.

UK’s Starmer hosts Israeli president for tense visit

UK Prime Minister Keir Starmer hosted Israeli President Isaac Herzog for a contentious meeting Wednesday, with the visiting head of...
  • Herzog's visit comes after Starmer's government has in recent months toughened its criticism of how Israel is waging its war in Gaza, triggering pushback from Israeli leaders
  • The pair shook hands in front of photographers and TV cameras in Downing Street, with few smiles on display, as the meeting got underway Wednesday afternoon