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

US, Qatar hope for Israel-Palestine truce within days

Netanyahu has faced increasing public pressure over the fate of the remaining hostages. Itamar Ben Gvir, Israel's far-right national security...
  • A Hamas source, speaking on condition of anonymity, said the proposed 42-day truce could potentially be "renewed" and would see one Israeli hostage released every day
  • Instead of a complete withdrawal of Israeli forces from Gaza - a demand rejected by Netanyahu - the source said the military may leave "cities and populated areas"

US envoy blames Iran, Hizbollah for aiding Houthi attacks

The US special envoy for Yemen, Tim Lenderking, told a Senate subcommittee that Iran was "equipping and facilitating" the Huthi...
  • He believes the Yemeni people don't want the Iranians in their country
  • The US envoy acknowledged that the rebels have not been deterred

Tunisian president emphasizes need to bolster security in Arab societies

Tunis, Tunisia--Tunisian President Kais Saied on Monday stressed the need to reach an approach that contributes to enhancing the security...
  • The president spoke at the the 41st session of the Arab Interior Ministers Council launched in Tunis, calling for efforts to deal effectively with all security challenges
  • Saudi interior minister said the regularly scheduled council meetings "reflects the common awareness of the importance of coordination to confront all the challenges

Israel’s triple crisis: War, politics and economy

Israel grapples with escalating uncertainty as the Gaza conflict persists, stirring military, political, and economic turmoil alongside rising fears of...
  • Israel grapples with escalating uncertainty as the Gaza conflict persists, stirring military, political, and economic turmoil alongside rising fears of financial instability.
  • Israel's vital high-tech sector risks losing international investments, while Moody's historic downgrade reflects heightened political risk and eroding state institutions.

Qatar says hopeful for Gaza truce before month of Ramadan

Doha, Qatar - Qatar is "hopeful" of a Gaza war ceasefire and is pushing for an agreement before Ramadan, its foreign...
  • Egyptian, Qatari and US mediators met in Doha for talks also attended by Israeli and Hamas representatives.
  • Qatar has been a key mediator in negotiations involving the Palestinian fighters, Israel, the United States and Egypt.

Israeli troops kill 3 Palestinians in West Bank’s refugee camp

Tubas, Palestinian Territories - Israeli troops killed three Palestinians in an overnight raid in a refugee camp in the occupied West...
  • The Palestinian health ministry in Ramallah said the three men were killed "by Israeli occupation bullets" during clashes in the Faraa refugee camp.
  • One of the three men killed was a fighter, a Palestinian official said, while the other two were civilians "in their homes and were killed by snipers deployed in the camp".

Zelenskyy in Saudi Arabia to discuss war; meets Mohammed bin Salman

RIYADH, SAUDI ARABIA - President of Ukraine Volodymyr Zelenskyy and his accompanying delegation arrived here on Tuesday. The Ukrainian President...
  • At the Royal Terminal in King Khalid International Airport, Zelenskyy was received by the Deputy Governor of Riyadh Region and other senior officials.
  • The 10th Saudi relief plane operated by King Salman Humanitarian Aid and Relief Center (KSrelief) reached a Polish airport, close to the Ukrainian border.

UAE announces US$2,722 penalty for late corporate tax registration

ABU DHABI, UAE – The Ministry of Finance on Tuesday announced the issuance of Cabinet Decision No. 10 of 2024...
  • A penalty of US$2,722 (AED10,000) will be imposed on businesses that do not submit their Corporate Tax registration applications on time.
  • The penalty was implemented to prompt taxpayer compliance with laws through timely corporate tax registration.

France says ‘nothing ruled out’ to thwart Russia in Ukraine

French Prime Minister Gabriel Attal told the RTL broadcaster that there was "no consensus" on any "official" deployment of ground...
  • Speaking a day after President Emmanuel Macron said that sending Western ground troops was not excluded, prime minister Attal said that "you can't rule anything out in a war."
  • Macron, after hosting a meeting of two dozen European leaders to discuss Ukraine, on Monday painted a grim picture of a Russia whose positions he said were "hardening."

Hizbollah fires new barrage of rockets at Israeli air base

Beirut, Lebanon--Lebanon's Hizbollah said it launched a salvo of rockets at an Israeli air control base on Tuesday in retaliation for...
  • The Lebanese armed group said it targeted the "Meron air control base... with a large salvo of rockets from several launchers"
  • Hizbollah's rocket assault was sparked off after Israel struck Hizbollah targets near the city of Baalbek, killing two of its fighters

Artificial intelligence rapidly reshaping cybersecurity: WEF

The AI and Cyber: Empowering Defenders report, developed in collaboration with KPMG, highlights measurable gains in cost reduction, response speed...

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Five journalists among 20 killed in Israeli strikes on Gaza’s Nasser Hospital

According to the media watchdogs Committee to Protect Journalists and Reporters Without Borders, around 200 journalists have been killed in...

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...

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...

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Iran says killed six ‘terrorists’ linked to Israel in Sistan-Baluchistan province

Iranian forces have killed six militants in a raid in the restive southeast, state media reported Saturday, saying they were...
  • "During an intense exchange of fire with terrorists in Sistan-Baluchistan province, six assailants were killed and two others arrested," official news agency IRNA said
  • Sistan-Baluchistan, which borders Pakistan and Afghanistan, has long been a scene of clashes between security forces and armed groups, including drug traffickers and separatists

Syria postpones selection of lawmakers from Druze, Kurdish-held areas

A Syrian official said Saturday that the selection process planned for a transitional parliament next month will be postponed in...
  • Syria's new authorities, led by President Ahmed al-Sharaa, have dissolved the Assad-era parliament and adopted a temporary constitution for a five-year transition
  • The interim charter has been criticised for concentrating power in Sharaa's hands after decades of autocracy under Assad and for failing to reflect Syria's ethnic diversity

‘Far too late’: Clutching pots and buckets, Palestinians despair after UN declares famine in Gaza

"We have no home left, no food, no income... so we are forced to turn to charity kitchens, but they...
  • AFP footage from Gaza's largest city showed women and young children among the chaotic jostle of dozens clamouring and shouting for for food
  • The UN officially declared a famine in Gaza on Friday, blaming the "systematic obstruction" of aid by Israel during more than 22 months of war