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

WTO ministers struggle to forge deals as talks go into overtime

ABU DHABI, UAE – World trade ministers were locked in disagreement Thursday on fisheries subsidies, agriculture and digital customs duties as...
  • The meeting opened with disagreements between the body's 164 member states on key issues that dominated the agenda of the talks.
  • They include fisheries subsidies, agriculture and a moratorium on customs duties for digital transactions.

Iran launches imaging satellite Pars 1 from Russia

Iran announced the launch of a remote sensing and imaging satellite into orbit from Russia, according to state media. The...
  • Iran’s Telecommunications minister said "Pars-I" was "fully domestically developed" in his country.
  • In August 2022, Russia launched Iran's remote-sensing Khayyam satellite into orbit from Kazakhstan.

Kurd authorities say Turkish strikes kill two PKK members

Arbil, Iraq - A Turkish drone strike in northwestern Iraq killed two members of a group affiliated to Turkey's outlawed Kurdistan...
  • The fighters were members of the Sinjar Resistance Units, a group founded among the district's Yazidi community in response to occupation by the IS group
  • There was no immediate word from the Turkish military, which has conducted deadly strikes against PKK targets in Iraq and neighboring Syria previously

Israeli troops ‘massacre’ 104 Palestinians at aid distribution point

More than 750 others were injured after Israeli soldiers opened fire on civilians gathered at an aid distribution point in...
  • Earlier, the health ministry in Gaza said children have died "due to malnutrition, dehydration and widespread famine" at Al-Shifa hospital.
  • The United Nations humanitarian agency OCHA described the food security situation as "extremely critical across Gaza, particularly in northern Gaza."

US implores Israel to let worshipers pray at Al-Aqsa in Ramadan

United States has been pressing for a deal before Ramadan begins in which Israel would halt strikes in Gaza and...
  • Israel has been assessing how to address worship in Jerusalem during Ramadan
  • An Israeli minister said that Palestinians should not be allowed entry to Jerusalem to pray

Israeli fighter jets bomb south Lebanon, killing two

Lebanon's Hizbollah, a Hamas ally, has exchanged near-daily fire with the Israeli army since war erupted between Israel and the...
  • On Wednesday morning, Hamas's armed wing, the Ezzedine al-Qassam Brigades said in a statement it targeted two Israeli military sites with two barrages of "Grad rockets"
  • The attack from south Lebanon came in "response to Zionist massacres against civilians in the Gaza Strip and the assassination of martyred leaders and their brothers in Beirut

Gaza health ministry says war deaths exceed 30,000 as famine looms

The latest overall toll for Palestinians killed in the war came after at least 79 people died overnight across the...
  • While mediators say a truce deal between Israel and Hamas could be just days away, aid agencies have sounded the alarm of a looming famine in Gaza's north
  • Citing the deteriorating conditions in Gaza, USAID head Samantha Power said Israel needed to open more crossings so that vitally needed humanitarian assistance can be dispatched

Israel strikes Damascus amid soaring regional tensions

According to Syria's defense ministry, Israeli fighter jets carried out strikes "from the direction of the occupied Syrian Golan", targeting...
  • Explosions followed by the sirens of ambulances were heard in the capital
  • The Israeli strikes killed two Syrian pro-Hizbollah fighters as per a war monitor

India, US at loggerheads over WTO reform at Abu Dhabi talks

Abu Dhabi, United Arab Emirates -- A US-led push to reform the World Trade Organization's embattled dispute settlement system sparked divisions...
  • Washington's push for reform has angered India, which accused the US on Wednesday of bringing the WTO to a "standstill".
  • India threatened to hold off on any new deals before progress is made on the appellate body, which could imperil agreements on fisheries subsidies and agriculture.

Israel minister says Arab trade ties unfazed by Gaza war

In January, Israel's cabinet approved an additional 55 billion shekels ($15 billion) to meet the cost of the war, while...
  • When asked about Israel's economic losses due to the war, Barkat said it could add "anywhere between 150 to 200 billion shekels ($42-55 billion)" to the country's national debt
  • Barkat said Gaza war could help Israel boost sales of military technology, noting there is "high interest" from many countries, without specifying if Arab states were among them

US slaps fresh sanctions on China-linked firms over Iran missile program 

The United States on Friday announced a fresh round of sanctions targeting people and companies in China, Hong Kong, Belarus,...

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Hezbollah chief rejects disarmament ahead of government talks with visiting US officials

Hezbollah's chief on Monday doubled down on his refusal to give up the group's weapons ahead of talks between Lebanese...

Israeli rights group accuses general of war crimes in West Bank

A leading Israeli rights organisation said Monday that it had requested a military investigation into a senior commander over suspected...

Syrian religious leader demands ‘separate’ region for Druze

A prominent Druze leader in southern Syria demanded on Monday the creation of a separate region for his minority community,...

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Over 12,000 Wi-Fi breaches recorded in UAE since start of year

Abu Dhabi, UAE --  The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open...
  • UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open and untrusted public Wi-Fi networks.
  • According to the Council, these incidents account for nearly 35 percent of the total cyberattacks reported in the UAE.

Iran’s Khamenei says will not bow down to US

The remarks, delivered at a mosque in the capital Tehran, come two months since fighting halted between Iran and its...
  • The rare Israeli and US attacks in June, which targeted key nuclear sites and prompted Iranian retaliation, were designed to destabilize the Islamic republic, Khamenei argued.
  • He said that a day after "Iran was attacked" by Israel at the start of the war, "American agents" met in Europe "to discuss what government should rule Iran.

Musk’s megarocket faces crucial new test after failures

Washington, United States -- Elon Musk's SpaceX is gearing up for the next test of its Starship megarocket on Sunday,...
  • Unlike in recent attempts, SpaceX will not try to catch the booster stage with the launch tower's giant "chopstick" arms.
  • Starship is central to Musk's ambition of colonizing Mars, while NASA is counting on a modified version to serve as the Artemis lunar lander for returning Americans to the Moon.