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 cabinet to meet on Sunday on Doha truce talks

Jerusalem--Israel's security cabinet is set to meet Sunday to discuss the "mandate" of a delegation due to travel to Doha...
  • A statement said the security cabinet will meet Sunday to "decide on the mandate of the delegation in charge of the negotiations before its departure for Doha
  • Israel's prime minister faces domestic political pressure to secure the release of hostages seized in Hamas's unprecedented October 7 attack on southern Israel

Israeli attack on Ramadan Friday kills 36 relatives in Gaza

Israel's military campaign against Gaza has killed at least 31,553 people, mostly women and children, according to the Hamas-run territory's...
  • An Israeli air strike hit the building where the Tabatibi family were staying
  • The Israeli military said it targeted two so-called "terror operatives" in Nuseirat

Israeli fighter jets bomb Syria weapons depot

Israel has launched hundreds of air strikes on targets in Syria since civil war broke out in 2011, mainly targeting...
  • Syrian Observatory for Human Rights said "Israeli missiles" targeted a weapons depot
  • Another site near an army battalion in the same area was also targeted

Second aid ship prepares to leave for Gaza from Cyprus

According to Cyprus foreign ministry spokesperson, the ship will depart for Gaza today even as US charity World Central Kitchen...
  • The maritime aid corridor from Cyprus is meant to partly address shortages in Gaza
  • World Central Kitchen built a makeshift jetty southwest of Gaza City to receive aid

Syria landmine blast kills 19 truffle hunters, says war monitor

BEIRUT, LEBANON – At least 19 people searching for truffles in the north Syria desert were killed on Saturday after their...
  • Between February and April each year, hundreds of impoverished citizens risk their lives searching for truffles in the vast Syrian desert.
  • Recent weeks have seen repeated deadly mine blasts as Syrians hunt for truffles even as authorities have warned against the practice.

Noura Al Kaabi leads UAE’s delegation to UN Commission on the Status of Women

NEW YORK, US – Minister of State Noura Al Kaabi led the United Arab Emirates’ delegation to the 68th session...
  • Delivering the UAE’s national statement in the CSW68 General Debate, Al Kaabi emphasised the need to protect Palestinian women and girls.
  • She participated in a ministerial roundtable on mobilizing financing for gender equality and the empowerment of all women and girls

Houthi, Hamas mull ‘encircling’ Israel in Lebanon meet

Yemen's Iran-backed Houthi rebels discussed "expanding confrontations and encircling" Israel in a meeting in Lebanon with Hamas and other Palestinian...
  • The two groups discussed "mechanisms to coordinate their actions of resistance" for the "next stage" of the war in Gaza.
  • They discussed the "complementary role of Ansar Allah (the Houthis) alongside Palestinian factions, especially in the event of an Israeli offensive on Rafah".

Gaza strike kills 36 relatives in first Friday of Ramadan

Palestinian Territories - Displaced by Israeli bombardment, the Tabatibi family gathered in central Gaza to eat together during the first...
  • An air strike hit the building where they were staying as women prepared the pre-fasting meal, killing 36 members of the family, survivors said.
  • Because there were not enough body bags, some of the dead - including at least two children - were wrapped in white cloth stained with blood.

Fatah rejects Hamas criticism of new prime minister’s appointment

Ramallah, Palestinian Territories - Palestinian president Mahmud Abbas's Fatah party hit back at criticism by Hamas and other factions over his...
  • Palestinian president Mahmud Abbas appointed Mohammed Mustafa as prime minister and tasked him with forming a new government.
  • Mustafa replaces Mohammed Shtayyeh, who resigned less than three weeks ago citing the need for change after the Hamas attack of October 7.

Massive fire destroys prestigious Arab film studio in Egypt

CAIRO, EGYPT – A major fire here destroyed one of the Arab world's most prestigious and oldest film production houses, founded...
  • Flames overtook the Al-Ahram Studio in Giza district, burning everything inside and spreading to three surrounding buildings.
  • Residents of the neighboring buildings were still sleeping on the ground in nearby streets at dawn on Saturday

Oil climbs and equities diverge as progress on Middle East peace remains elusive

Iran's Revolutionary Guards Corps, meanwhile, said it had launched missile and drone attacks against the headquarters of the U.S. Fifth...

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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...

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...

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...

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Arab bloc says no peace without a Palestinian state and end to ‘hostile’ Israel actions

The League said that "the failure to reach a just solution to the Palestinian cause and the hostile practices of...
  • The League said that "the failure to reach a just solution to the Palestinian cause and the hostile practices of the occupying power" remain obstacles to "peaceful coexistence'
  • The resolution was part of a wider meeting in Cairo where foreign ministers endorsed a "Joint Vision for Security and Cooperation in the Region".

Gaza film at Venice targeted by hate campaign, director says

Venice, Italy - At its premiere, a powerful new Gaza film at the Venice Film Festival sparked 23 minutes of...
  • "The Voice of Hind Rajab" from French-Tunisian director Kaouther Ben Hania is a strong contender for the festival's Golden Lion to be awarded Saturday
  • The film covers the last minutes of the life of a five-year-old Palestinian girl who was killed by Israeli fire last year while trying to escape Gaza with her family

Lebanon says army will begin implementing Hezbollah disarmament plan, amid opposition from the group

Responding to questions from journalists, Morcos said "the Lebanese army will begin implementing the plan, but in accordance with the...
  • In August, the Lebanese government ordered the military to draw up plans to disarm the once-dominant militant group by the end of the year
  • Responding to questions, the information minister Morcos said "the Lebanese army will begin implementing the plan, but in accordance with the available capabilities."