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

Blinken to visit Saudi Arabia, Egypt to discuss Gaza ceasefire: spokesman

Blinken will hold talks with Saudi leaders in Jeddah on Wednesday before travelling to Cairo on Thursday for talks with...
  • During his visit, Blinken will discuss "a political path for the Palestinians with security assurances with Israel, and an architecture for lasting peace and security in the region
  • Blinken will also raise the imperative issue of ending attacks by Houthi rebels on commercial ships, to restore stability and security in the Red Sea, spokesman Matthew Miller said

Biden summons Israeli team in bid to avoid Rafah assault

The move is one of the clearest attempts yet by Biden to rein in the key US ally, amid fears...
  • US president also "reiterated the need for an immediate ceasefire as part of a deal to free hostages, lasting several weeks, so we can get hostages home"
  • Biden has supported Israel since the October 7 attacks, sending billions of dollars in military aid, but has become frustrated by Netanyahu's failure to curb civilian deaths

US destroys Houthi missiles, drones in new Yemen strike

United States Central Command forces operated "in self-defense" when they engaged and destroyed the anti-ship missiles and unmanned aerial vehicles,...
  • Iran-backed Houthis have been attacking ships in the Red Sea region since November in what they say is solidarity with Palestinians during Israel's war against Palestinians in Gaza
  • The United States and Britain have launched repeated strikes on Houthi targets in Yemen in response but the attacks against the ships have not been deterred

China regulator to ban Evergrande chair from securities market for life

BEIJING, CHINA – Chinese regulators will ban the chairman of property giant Evergrande from the securities market for life on grounds...
  • Unable to repay interest on its loans, China’s real estate firm Evergrande formally defaulted in 2021, sending shockwaves through the industry.
  • The company has struggled to repay creditors for years, defaulting in 2021 and becoming subject to a winding-up order by a Hong Kong court earlier this year.

Dubai approves rise in energy, water efficiency programs

DUBAI, UAE – Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 81st...
  • The Council reviewed updates of the demand side management strategy for 2030 and 2050.
  • This is part of the efforts to make Dubai a leading example in efficient energy and water demand management.

Shipping service connecting India, South East Asia with Saudi Arabia comes up

RIYADH, SAUDI ARABIA – VASI Shipping Pte Ltd has introduced a new shipping service IMS at King Abdulaziz Port in...
  • This service aims to enhance its strategic partnerships with major international shipping lines, support the maritime sector.
  • This initiative represents a significant step in bolstering the role of King Abdulaziz Port in Dammam in enhancing the maritime transport sector.

Palestinians ‘need the bombs to stop,’ Irish PM says at White House

Varadkar has been one of Europe's most critical leaders over Israel's campaign in Gaza, which began when Hamas launched an...
  • According to Irish PM Leo Varadkar, "the Irish people are deeply troubled about the catastrophe that's unfolding before our eyes in Gaza."
  • US has demanded a "clear and implementable plan" to protect civilians there, while Varadkar on Sunday called on Israel to abandon the planned incursion

Israel spy chief to discuss Gaza truce with Qatar PM: source

The talks in the Qatari capital are the first after weeks of intense negotiations involving Qatari, US and Egyptian mediators...
  • The meeting between Mossad chief David Barnea, Qatar PM Mohammed bin Abdulrahman Al-Thani and Egyptian envoys "is expected to take place today"
  • Palestinian fighters seized about 250 Israeli and foreign hostages during the October 7 attack, but dozens were released during a week-long truce in November

Oxfam blames Israel for ‘deliberately’ blocking aid to Gaza

Oxfam said in a report that Israel continued to "systematically and deliberately block and undermine any meaningful international humanitarian response"...
  • Oxfam said inspection rules were causing aid trucks to be stuck in queues for 20 days on average
  • The group noted that Israeli authorities arbitrarily reject "dual-use" items

Israeli army says operation under way in Gaza’s Al-Shifa hospital

Al-Shifa is the Gaza Strip's largest hospital. The Israeli army had in November last year carried out an operation in...
  • Soldiers "are currently conducting a precise operation in the area of the Shifa hospital," a statement from the military said
  • Israel has repeatedly accused Hamas of running military operations from hospitals and other medical centers, claims the fighter group denies

UAE outpaces global peers in technology adaptation

Dubai, UAE -- Organizations in the United Arab Emirates are moving faster than their global counterparts to adapt technology strategies...

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Iran will accept nuclear curbs and restrictions to uranium enrichment if sanctions lifted: report

Iran will accept limits on its nuclear programme and restrictions to uranium enrichment if international sanctions are lifted, its foreign...

Trump issues ‘last warning’ to Hamas over hostages amid new proposal for ceasefire deal

"The Israelis have accepted my terms. It is time for Hamas to accept as well. I have warned Hamas about...

Russia hits Ukraine govt offices in war’s biggest air attack

Kyiv, Ukraine -- Russia fired its biggest-ever aerial barrage at Ukraine early Sunday, killing four people and setting government offices...

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Drone attack from Yemen injures man at Israeli airport: army, medics

A drone launched from Yemen injured a man when it fell on Ramon airport in southern Israel on Sunday, Israel's...
  • "Paramedics are providing medical treatment... to a 63-year-old male in mild condition, with shrapnel injuries to his limbs," the emergency service said in a statement
  • Israel assassinated the head of the Iran-backed Huthi government together with 11 other senior officials in air strikes two weeks ago

Israel warns recognizing Palestinian state could trigger ‘unilateral’ action

Several countries, including France and Britain, have pledged to recognize a Palestinian state during the UN General Assembly later this...
  • French President Emmanuel Macron co-hosted a conference in July with Saudi Arabia to call for a two-state solution to the Israeli-Palestinian conflict.
  • Britain said it would recognize a Palestinian state if Israel failed to agree to a truce in the Gaza war, triggered by Palestinian group Hamas's October 2023 attack.

First India-Pakistan match since conflict fires up Asia Cup

New Delhi, India -- A blockbuster between India and Pakistan headlines the Asia Cup starting on Tuesday as they face...
  • Arch-rivals India and Pakistan clash in Dubai on September 14, with Pakistan bowling great Wasim Akram saying players and fans should "remain disciplined and not cross the line".
  • The neighbors have not met on either side's soil in a bilateral series since 2012 and only play each other in international tournaments on neutral ground.