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

Women, rural poor most affected by climate change, says UN

PARIS, FRANCE – Heatwaves and floods inflict greater economic pain on rural women than men because climate change intensifies existing inequalities,...
  • The report said rural, women-led households in low- and middle-income nations already face more financial burdens than men when disaster strikes.
  • It estimated that if average temperatures increase one degree Celsius, women would face a 34 percent greater loss in total income compared to men.

Houthis attack ship listed as ‘Israeli-affiliated’ off Yemen

Yemen's Houthi rebels, who since November have fired drones and missiles at numerous ships in the Red Sea area vital...
  • The UKMTO reported an incident in a similar location at 91 nautical miles southeast of Aden
  • The British agency said the ship's master had reported two explosions

Gaza detainees released by Israel report abuse, says UNRWA

UNRWA chief's comments capped a tumultuous day during which Israel and UNRWA have traded accusations, with Israel accusing the agency...
  • Detainees subjected to a "broad range of ill treatment" including threats of electrocution
  • UNRWA said Israeli authorities had "detained several of its staff from the Gaza Strip"

Israel strike kills 3 Hizbollah-affiliated paramedics in Lebanon

According to the Hizbollah-affiliated Islamic Health Committee, three volunteer paramedics died "due to a direct Zionist attack on an emergency...
  • Israeli said it struck Hizbollah targets including "military compounds"
  • Hizbollah and Israel have been exchanging near-daily fire since October 7

Macron’s leadership: A tale of arrogance and chaos

Facing graft allegations, divisive remarks on NATO and Islam, and widespread protests, his presidency underscores challenges of governing in today's...
  • Facing graft allegations, divisive remarks on NATO and Islam, and widespread protests, his presidency underscores the challenges of governing in today's geopolitical landscape.
  • With Macron's leadership increasingly under scrutiny and his term limit approaching, France stands at a crossroads, questioning the future of its leadership and direction.

European Union slaps $1.9bn fine on Apple over violation of rules

Brussels, Belgium - The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's...
  • The $1.9 billion penalty is the third-biggest antitrust fine ever imposed by the European Commission
  • The iPhone maker immediately vowed to appeal the first ever antitrust fine slapped on Apple by Brussels

Iran declares 41 percent voter turnout in key elections

Tehran, Iran - Iran on Monday announced a turnout of 41 percent in last week's elections for parliament and a key...
  • "Around 25 million people participated, with a turnout of 41 precent," Interior Minister Ahmad Vahidi told a press conference in Tehran.
  • The vote was the first since nationwide protests broke out following the September 2022 death in custody of 22-year-old Mahsa Amini.

Western countries shelve plans to censure Iran at UN nuclear meet

Western powers will not censure Iran over its lack of cooperation with the UN nuclear watchdog at its Board of...
  • The issues include expanding its nuclear work, deactivating agency surveillance devices for monitoring Iran's nuclear program and barring senior inspectors.
  • The so-called E3 group -- France, Germany and the United Kingdom -- initially planned to censure Iran for its lack of cooperation with the agency.

UNRWA head seeks General Assembly support after backlash

The head of the UNRWA is set to defend his organization's work at the General Assembly, after crippling backlash over...
  • The UNRWA's ability to carry out its mandate is "seriously threatened," Lazzarini said.
  • The agency has been at the center of controversy since Israel accused about a dozen of its employees of involvement in the October 7 attack.

Diplomacy the ‘only way’ to end Israel-Hizbollah clashes: US envoy

"A diplomatic solution is the only way to end the current hostilities" and achieve "a lasting fair security arrangement between Lebanon...
  • Israel and Hizbollah movement have been exchanging near-daily fire since October, raising fears all-out conflict could spread across the region.
  • Hochstein held talks with other senior officials including Prime Minister Najib Mikati and army chief Joseph Aoun in a push to halt violence along the border with Israel.

Trump says Xi wants Hormuz Strait reopened amid Iran conflict

US President Donald Trump said Chinese President Xi Jinping wants the Strait of Hormuz reopened, following talks between the two...

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Red Cross warns against evacuation of Gaza City as Israel tightens siege

The Red Cross warned on Saturday that any Israeli efforts to evacuate Gaza City would put residents at risk, as...

US to deny visas to Palestinian officials at UN summit as France pushes statehood recognition

The extraordinary step further aligns President Donald Trump's administration with Israel's government, which adamantly rejects a Palestinian state and has...

Turkey bars Israeli ships and flights from its territory

Ties between Turkey and Israel have been shattered by Israel's war against Hamas in Gaza, with Ankara accusing Israel of...

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Israeli minister calls to annex Gaza if Hamas doesn’t surrender

Israel's Finance Minister Bezalel Smotrich on Thursday called on the government to begin annexing parts of the Gaza Strip if...
  • The far-right minister, who has vocally opposed striking a deal with Hamas to end the nearly two-year war, presented his plan to "win in Gaza by the end of the year."
  • Under Smotrich's proposal, Hamas would be given an ultimatum to surrender, disarm and release the hostages still held in Gaza since the group's October 2023 attack.

Israeli forces raid site near Syria capital after bombing it several times: state media

Israeli forces conducted an overnight airborne raid on a site near the Syrian capital after bombing it several times, Syrian...
  • Israel has not confirmed the raid, but Defence Minister Israel Katz said its forces operate "in all combat zones" to ensure the country's security
  • If verified, it would be the deepest such operation Israel has carried out inside Syria since an Islamist alliance seized power in Damascus in December

UN chief condemns ‘endless’ Gaza horrors as Israel presses offensive

Israel, whose military is preparing to conquer Gaza City, is under mounting pressure at home and abroad to end its...
  • The vast majority of Gaza's population of more than two million people has been displaced at least once during the war.
  • Massive clouds of smoke rose into the sky above Gaza City after Israeli bombardments of the outskirts of the territory's largest city.