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,...

Iran agricultural, food exports hit US$5.5bn in 11 months

TEHRAN, IRAN – The Ministry of Industry, Mine, and Trade said that Iran exported fisheries, livestock, agricultural and food products...
  • Iraq was the biggest importer of Iranian agricultural and food products worth US$1.7 billion.
  • The UAE was the second largest importer of Iranian agricultural and food products worth $675 million

GASTAT adopts chain-linking method to calculate Saudi Arabia’s real GDP

RIYADH, SAUDI ARABIA – The General Authority for Statistics (GASTAT) said in a press release it issued on Sunday that...
  • The fourth quarter 2023 results and the annual results for the same year have been reached at by using the new methodology.
  • Saudi Arabia is the first country in the Gulf and Arab regions, and among the first G20 countries, to implement the chain-linking methodology.

Hizbollah fires dozens of rockets at Israel after deadly strikes

Hizbollah said it had fired dozens of rockets into northern Israel after Israeli strikes the day before left five dead...
  • Meron is home to a major air control base that the Iran-backed group has targeted several times since the start of the year.
  • Hizbollah said it had acted "in response to Israeli attacks against villages in the south and the homes of civilians".

Netanyahu approach to Gaza war ‘hurting’ Israel, says Biden

With Gaza's humanitarian crisis growing more dire and Biden's left flank in uproar, the US president made contradictory remarks as...
  • Israel's retaliatory operations in Gaza have killed more than 30,800 people,
  • Biden was evasive Saturday on the possibility of a new trip to Israel

Israel slams Canada, Sweden for resumption of UNRWA funding

Canada and Sweden announced over the weekend they were resuming funding for the cash-strapped UN agency, weeks after having suspended...
  • Supporting UNRWA, which has been central to humanitarian efforts in the war-ravaged Gaza Strip, was a "serious mistake", the Israeli foreign ministry said in a statement
  • The renewed aid, according to the Israeli statement, showed that Canada and Sweden had chosen "to ignore the involvement of UNRWA employees in terrorist activity

CIA, Mossad chiefs meet to ‘advance’ hostage release deal

Israeli military spokesman Daniel Hagari said Israel was preparing for "all possible operational scenarios" during Ramadan, and that it plans...
  • Benjamin Netanyahu's office said Mossad chief met Friday with the head of the CIA
  • Israel did not send a delegation to the latest round of truce talks in Cairo

Israelis demand Netanyahu ouster and hostage release

With t-shirts and banners featuring the names and pictures of hostages seized during Hamas's October 7 attack, the crowd demanded...
  • Some protesters called for an immediate ceasefire, a position the government has rejected
  • A protestor said Netanyahu's government "cannot stay in power" after the October 7 attack

Israeli strike on a Lebanon house kills five, wounds nine

Lebanon's official National News Agency said the Israeli strike on a house in the Khirbet Selm area killed a family...
  • The attack destroyed the house, wounding at least nine others who lived nearby
  • A Lebanese couple and their son were killed in an Israeli strike on Tuesday

Thousands rally in London seeking a truce in Gaza

London, UK - Thousands of protesters marched in central London on Saturday to call for a ceasefire in Gaza amid ongoing...
  • The march, from Hyde Park Corner to the US Embassy, was the fifth major demonstration of the year so far in the capital.
  • However, marches protesting Israeli assault in Gaza have seen dozens arrested for anti-Semitic chanting and banners.

Aid boat ready to set sail from Cyprus for Gaza

A boat laden with food for Palestinians in war-ravaged Gaza was "ready" to set sail from Cyprus, an NGO said,...
  • The UN has repeatedly warned of looming famine, particularly in the Palestinian territory's north where no overland border crossings are open.
  • With ground access limited, countries have also turned to airdropping aid, although a parachute malfunction turned one delivery on Friday deadly.

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,...

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Iran says open to US nuclear talks, rejects missile curbs

Security chief Ali Larijani said Tuesday that Iran was open to nuclear talks with the United States but ruled out...

Gaza mother hopes Venice film about final moments of slain child helps end war

The mother of Hind Rajab, a five-year-old Palestinian girl killed by Israeli forces in Gaza, hopes that a film about...

Post SCO summit, Kim, Putin at Xi’s side for massive China military parade in Beijing

In unprecedented scenes, Xi shook both their hands and chatted with the pair as they walked down a red carpet...

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Post SCO summit, China’s Xi and Russia’s Putin start talks in Beijing, says state media

The Chinese and Russian leaders criticised Western governments during the summit on Monday, where Xi slammed "bullying behaviour" from certain...
  • "In the morning of September 2, President Xi Jinping met with Russian President Putin... in the Great Hall of the People in Beijing," state broadcaster CCTV reported
  • World leaders including North Korea's Kim Jong Un have gathered in China's capital for the showcase of Beijing's might on Wednesday

Hamas rejects reported plan for US takeover of Gaza and relocation of its residents

Hamas denounced on Monday a plan reportedly being considered by US President Donald Trump for the United States to take...
  • The Washington Post reported on Sunday that the White House was considering a plan that would see Gaza become a trusteeship administered by the United States
  • The goal would be to transform the territory into a tourism magnet and high-tech hub, according to the US newspaper, which cited a 38-page prospectus for the initiative

Shanghai Cooperation Organisation ‘strongly condemns’ civilian toll in Gaza

The 10-member SCO said they also strongly condemned US and Israeli strikes on Iran in June, in the statement issued...
  • Member states express deep concern over escalating Israeli-Palestinian conflict, call for comprehensive, lasting ceasefire and unhindered humanitarian aid.
  • They said Israeli and US military aggression on Iran violated international law and UN Charter principles.