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

UAE organizations strengthen governance to scale AI cybersecurity: Report

Governance, accountability and validation processes emerge as critical requirements for translating growing AI investment into measurable operational and security outcomes,...

US charity says aid unloaded, ready for delivery in Gaza

A US charity said its team in the war-ravaged Gaza Strip had finished unloading the first maritime aid shipment to...
  • The group is preparing a second boat of 240 tons of food to set sail from Cyprus, the starting point of a new maritime aid route across the eastern Mediterranean.
  • The humanitarian effort is intended to mitigate food shortages that have prompted famine warnings in Gaza from the UN and aid workers.

Saudi Arabia takes part in global mineral and mining meet in Canada

RIYADH, SAUDI ARABIA – A delegation comprising several entities from the Kingdom’s industry and mineral resources' system participated in PDAC...
  • The Saudi delegation held meetings with teams from Canada, the Czech Republic and Ecuador.
  • These are part of the 85 meetings they will hold with officials of countries and global firms participating in the event.

Netanyahu okays plan for operation in Gaza’s packed Rafah

Netanyahu "approved the plans for action in Rafah," his office said in a statement, without giving details or a timeline....
  • The statement from Benjamin Netanyahu's office said the military was "prepared for the operational side and for the evacuation of the population."
  • Biden, who has supported Israel during the war, has said an Israeli invasion of Rafah would be a "red line" without credible civilian protection plans in place

US sanctions network smuggling American tech to Iran’s central bank

US Treasury sanctioned a number of alleged ISC subsidiaries and front companies based in Turkey and the United Arab Emirates,...
  • The sanctions relate to Informatics Services Corporation (ISC), the technology arm of the Central Bank of Iran (CBI), the Treasury Department said in a statement
  • Treasury's move freezes any US assets associated with the sanctioned individuals and entities, and generally prohibits Americans from doing business with them

In Gaza, there are no more ‘normal-sized babies’: UN official

The war began October 7 when a surprise attack by Hamas resulted in about 1,160 deaths in Israel, mostly civilians,...
  • "Doctors are reporting that they no longer see normal-sized babies,"  Dominic Allen, UN official said after visiting hospitals still providing maternity services in north of Gaza
  • Allen said Israeli authorities had refused to allow in some UNFPA supply shipments, such as kits for midwives, or had removed supplies like flashlights and solar panels

UN says 5 million at risk of starvation in Sudan

The war between army chief Abdel Fattah al-Burhan and his former deputy, Mohamed Hamdan Daglo, has since April last year...
  • Some five million Sudanese could face calamitous food insecurity in coming months as a nearly yearlong war between rival generals continues to tear the country apart, UN said
  • UN humanitarian chief Martin Griffiths noted that nearly 730,000 Sudanese children - including more than 240,000 in Darfur - are thought to suffer from "severe" malnutrition

Hamas, Houthis hold rare meeting: Palestinian sources

According to sources from Hamas and Islamic Jihad, leaders from the two Palestinian groups, as well as the Marxist Popular...
  • The Houthis have attacked Red Sea shipping for months since the Israel-Hamas war broke out on October 7, saying they are targeting vessels in solidarity with Palestinians
  • Hamas and the Houthis belong to the "axis of resistance", a collection of Iran-backed movements hostile to Israel and the United States that also includes Lebanon's Hizbollah

G7 vows ‘significant’ new sanctions if Iran sends missiles to Russia

Washington, US - G7 countries warned Iran on Friday that they will impose "significant" new sanctions if Tehran transfers ballistic missiles...
  • Among the steps that have been discussed is ending national airline Iran Air's flights to Europe, the official added.
  • A senior US administration official told journalists that if Iran decides to sell ballistic missiles to Russia, the costs will far outweigh the benefits.

Seven children among 22 dead as boat capsizes off Turkish coast

Istanbul, Turkey - Twenty-two migrants including seven children have drowned after a boat capsized off the Turkish coast, local officials said...
  • "The Turkish coastguard found the bodies of 22 people including seven children," the local governor's office said in a statement.
  • Officials said the boat began sinking overnight and on Friday many ambulances were standing by at the port of Kabatepe near Gokceada.

European Union to sanction violent Israeli settlers and Hamas

Britain and the United States have already imposed sanctions on a small number of Israeli settlers accused of committing human...
  • A high-ranking EU official said that he expected foreign ministers from the bloc's 27 member states to give political backing to the moves.
  • The 27-nation EU has struggled for a unified position in the face of the Hamas attack and Israel's subsequent devastating military operation in Gaza.aZ

Israeli attacks on Lebanon continue amid new round of talks in US

The meeting in Washington follows U.S. President Donald Trump's announcement that he had received commitments from both sides aimed at...

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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...

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...

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...

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Israel army begins targeting Gaza City high-rises

Gaza civil defense agency spokesman Mahmud Bassal accused Israel of carrying out "a policy of forced displacement against civilians" in...
  • The agency said Israeli strikes in and around Gaza City killed at least 19 people, among at least 32 Palestinians killed across the territory on Friday.
  • Hamas said Israeli claims the militant group was operating in the high-rises were "nothing but flimsy pretexts and blatant lies."

After his call with Zelensky, European leaders, Trump says will speak with Putin soon

US President Donald Trump said Thursday he would speak soon with Russia's Vladimir Putin, after his call earlier in the...
  • "I will be, yeah," Trump told a reporter asking if he would speak with the Russian leader in the near future, on the sidelines of a dinner with prominent US tech executives
  • Trump's call with European leaders came after a summit in Paris aimed at firming up plans for security guarantees for Ukraine if or when there is a ceasefire

Amid Israeli strikes, Lebanon debates disarming Hezbollah under ceasefire deal, risking political turmoil and mass protests.

The Lebanese government is set to discuss on Friday an army plan to disarm Hezbollah, which the Iran-backed group opposes,...
  • In August, under heavy US and Israeli pressure, Lebanon's government ordered the army to draw up a plan for disarming Hezbollah by the end of the year
  • Hezbollah reiterated its opposition to the move on Wednesday, with its parliamentary bloc calling on Lebanese authorities to "reverse their... unpatriotic decision."