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

Israel military signals extended operation at Gaza hospital

Jerusalem--A top Israeli commander has said troops will continue their operation at Gaza's largest hospital Al-Shifa until the last Hamas...
  • The operation in and around Al-Shifa hospital was launched by Israeli forces on Monday, saying senior Hamas operatives were based in the compound
  • Days of heavy fighting have followed, with the military reporting about 170 Palestinian fighters killed and hundreds more arrested or questioned

‘UAE strengthens Gaza support with humanitarian aid’

“The activation of the maritime corridor is crucial. It will serve as an essential lifeline for the people of Gaza,...
  • UAE reaffirms solidarity with Gaza, launching significant humanitarian initiatives under Sheikh Mohamed bin Zayed Al Nahyan's leadership.
  • UAE's comprehensive humanitarian mission includes over 25,000 tons of aid, medical treatment for wounded children and cancer patients.

Hamas official speaks of big gaps with Israel in truce talks

An official from the Palestinian resistance group with knowledge of the talks said that there is a deep divergence in...
  • The talks over a ceasefire and possible exchange of hostages and prisoners resumed in Doha this week
  • Israel believes about 130 hostages remain in the Gaza Strip, including 33 who are presumed dead

End war’s ‘nightmare’, UN chief says at gates of Gaza

Rafah, Egypt - UN chief Antonio Guterres, on a visit to the doorstep of Gaza, on Saturday said the world has...
  • "I carry the voices of the vast majority of the world who have seen enough," Guterres said, deploring "generations wiped out"
  • Guterres appealed to Israel for "total, unfettered access for humanitarian goods throughout Gaza"

Gaza health ministry says Israel kills 9 people waiting for aid

Palestinian Territories - The health ministry in Hamas-run Gaza said Israeli fire on Saturday killed nine people and wounded dozens...
  • "At least nine martyrs and dozens injured by Israeli occupation army tank fire and shells," said Gaza's health ministry.
  • Just over a week ago Gaza's health ministry blamed Israeli fire for the death of 20 people seeking aid at the Kuwait roundabout.

Israeli minister calls UN ‘anti-Israeli’ as Guterres visits Gaza border

JERUSALEM - Israel's foreign minister said on Saturday the United Nations had become an "anti-Israeli body" under Antonio Guterres, after...
  • "Under his (Guterres's) leadership, the UN has become an anti-Semitic and anti-Israeli body that shelters and emboldens terror," Foreign Minister Israel Katz said.
  • Katz's government has accused staff at the UN agency for Palestinian refugees of involvement in Hamas's October 7 attack that triggered the war.

Putin vows retribution on Moscow concert hall attacks, as toll rises

Russian President Vladimir Putin vowed to punish those behind a "barbaric terrorist attack" on a Moscow concert hall that killed...
  • It is the deadliest attack on Russia in almost two decades and the deadliest in Europe to have been claimed by the Islamic State.
  • Russian officials expect the death toll to rise further, with more than 100 injured in hospital.

OPEC Fund provides US$50m loan to support agriculture in quake-hit Türkiye

VIENNA, AUSTRIA – The OPEC Fund for International Development (OPEC Fund) is extending a US$50 million loan to Türkiye to...
  • The Development and Investment Bank of Türkiye (TKYB) will on-lend the funds to small and medium-sized enterprises.
  • This will help efforts to overcome the calamity’s impact and to promote a more resilient and sustainable agriculture sector.

US military says struck 3 Houthi underground storage sites in Yemen

The Houthis began attacking ships in the Gulf of Aden and the Red Sea in November, a campaign they say...
  • US forces "conducted self-defense strikes against three Houthi underground storage facilities in Iranian-backed Houthi controlled areas of Yemen," CENTCOM said
  • US forces had also "successfully engaged and destroyed four unmanned aerial vehicles" in Houthi-controlled areas of Yemen throughout Friday

UN Security Council vote on new Gaza ceasefire text postponed to Monday

Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and...
  • The new, tougher draft resolution, seen by AFP, "demands an immediate ceasefire" for the ongoing Muslim holy month of Ramadan that leads "to a permanent sustainable ceasefire"
  • Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and unconditional" release of hostages seized by Hamas

Fresh Israel-Iran attacks overshadow ceasefire efforts across the region

Air raid alerts sounded across Israel, explosions were reported over Jerusalem, and Iranian state media reported blasts in Tehran, Tabriz...

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Europe hyperloop test hits new speed record in Dutch trial

The Hague, Netherlands -- A Dutch tech startup said Wednesday it had set a European speed record for its futuristic...

Iran, IAEA sign cooperation framework in Cairo after suspension following Israeli strikes on nuclear sites

The agreement was signed in Cairo by Iranian Foreign Minister Abbas Araghchi and International Atomic Energy Agency chief Rafael Grossi,...

Qatar says reserves right to respond to Israeli attack, even as Trump delivers rare reproach of Israel

Doha, a key US ally that hosts the largest American base in the region, has hosted Hamas' political bureau since...

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Israel strikes Hamas officials in Qatar, the first of its kind on Qatari territory

Qatar, which has been a key mediator in efforts to broker a truce in Gaza, said Israeli strikes targeted the...
  • Qatar, which has been a key mediator in efforts to broker a truce in Gaza, said Israeli strikes targeted the homes of several members of Hamas's political bureau
  • Israeli Prime Minister Benjamin Netanyahu said he ordered the strikes in response to a Monday shooting in Jerusalem that killed six people and was later claimed by Hamas

Ethiopia inaugurates Africa’s biggest dam, drawing Egyptian protest

Guba, Ethiopia -- Ethiopia inaugurated the continent's largest hydroelectric project on Tuesday in what Prime Minister Abiy Ahmed called a...
  • Towering 170 meters (550 feet) and stretching nearly two kilometers (1.2 miles) across the Blue Nile near the Sudanese border, construction on the dam began in 2011.
  • The $4-billion megastructure is designed to hold 74 billion cubic meters of water and generate 5,150 megawatts of electricity -- more than double Ethiopia's current capacity.

Israeli strikes in Doha kill Hamas negotiator’s son, Qatari corporal

The strikes have drawn condemnation, including from UN chief Antonio Guterres, who condemned Israel's "flagrant violation" of Qatari sovereignty.
  • Among the key Hamas leaders based in Qatar are lead negotiator Khalil al-Hayya and political bureau chief Khaled Meshaal.
  • The strikes have drawn condemnation, including from UN chief Antonio Guterres, who condemned Israel's "flagrant violation" of Qatari sovereignty.