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

Climate change undermines global security, says NATO chief

Baku, Azerbaijan--NATO Secretary General Jens Stoltenberg on Sunday stressed the need to fight global warming, and called climate change a "crisis...
  • Stoltenberg said in Baku the challenge was that "the world needs energy, but at the same time we need to fight global warming"
  • He also hailed Azerbaijan for investing in alternative energies, stressing the country's "great potential" as a supplier of hydropower

Putin hails election victory, says would not be ‘intimidated’

If he completes another full Kremlin term, Putin will have stayed in power longer than any Russian leader since Catherine...
  • All of the 71-year-old's major opponents are dead, in prison or exiled
  • He has overseen an unrelenting crackdown on anybody who publicly opposes his rule

Israeli PM says civilians can leave crowded Rafah before invasion

Israel has repeatedly threatened a ground offensive against Hamas in Rafah, where people shelter in tents crammed up against the...
  • Netanyahu had on Friday said he approved the military's plan for an operation in Rafah as well as "the evacuation of the population."
  • The US - which provides Israel military assistance - has said it wants a "clear and implementable plan" to ensure civilians are "out of harm's way."

German Chancellor calls for Gaza deal with ‘longer-lasting ceasefire’

JERUSALEM – German Chancellor Olaf Scholz on Sunday called for a deal to free hostages held in war-ravaged Gaza accompanied...
  • In Jerusalem, German Chancellor Olaf Scholz called for a "negotiated two-state solution" to the Israeli-Palestinian conflict.
  • Netanyahu is under intense domestic political pressure to free hostages seized during Hamas's unprecedented October 7 attack

Attack on Gaza’s Rafah inevitable, says Israeli PM

Israeli Prime Minister Benjamin Netanyahu vowed to send ground forces into Gaza's southern Rafah city. The right-wing premier, whose security...
  • Israel has repeatedly threatened to launch a ground offensive against Hamas in Rafah.
  • US has said it cannot support a Rafah operation without a "credible, achievable, executable plan" to shelter civilians.

Passports officers to ease travel for Ramadan at Dammam airport and causeway

DAMMAM, SAUDI ARABIA – With the increase in passenger traffic during Ramadan, the General Directorate of Passports is ramping up...
  • The directorate's officers in Dammam are utilizing modern technology to expedite procedures and ensure smooth and efficient traveler traffic.
  • The directorate's officers at both locations are working tirelessly, welcoming travelers and providing services professionally.

WHO calls on Israel to halt planned assault on Rafah

Israel's Prime Minister Benjamin Netanyahu approved the military's "plans for action in Rafah", according to a statement Friday, which gave...
  • WHO chief wrote on X that he wa gravely concerned about reports of an Israeli plan to go into Rafah
  • He said an evacuation planned by the Israeli army before its assault was not a practical solution

Afghanistan bus-oil tanker collision kills 21, injures 38

Kabul, Afghanistan--Twenty-one people were killed and 38 injured on Sunday in southern Afghanistan's Helmand province when a bus collided with an...
  • The provincial information department said the accident took place on the Herat-Kandahar highway in Grishk district of Helmand province
  • Images shared by the department on social media showed charred, twisted metal scattered across the highway and the crushed cabin of the tanker

Trump hails election as ‘most important date’ in US history

Earlier this month Trump and Biden each won enough delegates to clinch their party nominations in the 2024 presidential race,...
  • Days after securing his position as the presumptive Republican nominee, the former president also warned of a "bloodbath" if he is not elected
  • As Trump's comment gained traction on social media, Biden's campaign released a statement calling the Republican a "loser" at the ballot box in 2020

Ground operations in Ukraine possible at some point, says Macron

Last month French president refused to rule out putting troops on the ground in Ukraine, which prompted a stern response...
  • French President Emmanuel Macron met his German and Polish counterparts in Berlin on Friday
  • Macron said the three countries were "united" in their aim to "never let Russia win"

Trump signs order allowing US Govt access to AI models before public release

The measure establishes a new cybersecurity clearinghouse involving federal agencies and industry partners, reflecting growing concerns about advanced AI systems'...

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Saudi launches Damascus area reconstruction project

Damascus, Syria -- Saudi Arabia announced on Sunday humanitarian projects for Syria including the removal of wartime rubble around Damascus,...

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...

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...

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Key OPEC+ members to boost oil production again

Oil ministers in the V8 grouping -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and...
  • Those countries had already increased production by 2.2 million bpd in recent months.
  • They said that the new incoming cycle could see up to an extra 1.65 million bpd eventually coming onto the market.

Turkey opposition calls extraordinary congress for Sept 21

Turkey's main opposition party has announced it will hold an extraordinary congress on September 21 after a court ousted its...
  • The decision comes amid growing political pressure on the Republican People's Party (CHP) after a court annulled the outcome of its Istanbul provincial congress in October 2023
  • More than 900 CHP delegates on Friday submitted a petition to a local election board in the capital Ankara to authorise the congress, the source told AFP

Israel flattens high-rise as it tells Gaza City residents to flee

An Israeli strike flattened a high-rise in Gaza City on Saturday -- the second in as many days -- after...
  • Israel has stepped up air strikes and ground operations on the city's outskirts, sparking fears it could worsen already dire conditions
  • On Saturday, Israeli aircraft dropped thousands of leaflets on western neighbourhoods calling on residents to evacuate, witnesses and an AFP journalist said