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

Palestinian gunmen kill 1 Israeli, injure 8 others in occupied West Bank

The shooters were "neutralized", police said, and an AFP photographer later saw two bodies at the scene of the attack...
  • Israel's internal security service Shin Bet identified the gunmen as Mohammed Zawahrah, 26, his brother Kathim Zawahrah, 31, and Ahmed al-Wahsh, also 31
  • The attack near Maale Adumim came after two people were shot dead last Friday at a bus stop in southern Israel near the town of Kiryat Malakhi

Israel parliament rejects unilateral recognition of Palestinian state

On Wednesday, Israel's parliament backed Netanyahu's proposal of opposing any unilateral recognition of a Palestinian state, with 99 out of...
  • The vote came days after media reported that US and a small group of Arab nations were working out a comprehensive plan for long-term peace between Israel and the Palestinians
  • Media reported that the plan would begin with a ceasefire expected to last at least six weeks, with officials hoping that an agreement could be reached before the start of Ramadan

Saudi foreign minister seeks G20 action on Gaza

Rio de Janeiro, Brazil - Saudi Foreign Minister Prince Faisal bin Farhan called on G20 nations to apply pressure for...
  • Prince Faisal voiced these sentiments during the inaugural session of the G20 Foreign Ministers' Meeting in Rio de Janeiro, Brazil
  • The Saudi minister underlined the imperative for international institutions to uphold their commitments globally and adopt clearer stances

New Palestinian leaders needed after Gaza war: opposition figure

Talks are aiming to secure a ceasefire of about six weeks starting between now and Ramadan, which is expected to...
  • Kidwa, nephew of late Palestinian leader Yasser Arafat, said talks are seeking not just a pause in fighting but also addressing day-after scenarios
  • Behind the scenes they are touching on wider post-war issues such as security, leadership reform, the creation of an independent Palestinian state, he said

Israeli strike on MSF shelter in Gaza kills two

According to MSF, the attack killed the daughter-in-law and wife of one of their colleagues, and wounded six people, including...
  • Israeli troops fired at the building, which was clearly marked with the MSF logo
  • The charity said Israeli forces had been informed of the precise location" of the MSF shelter

Israeli air attack kills two in Damascus, says state media

An Israeli strike on a residential area of Damascus killed at least two people, Syrian state media reported, the latest...
  • The Syrian Observatory for Human Rights, a Britain-based war monitor, said that "a Syrian civilian" was killed as well as two foreign nationals.
  • An AFP photographer said the strike hit a nine-storey building, with damage centered around the fourth floor and the exterior of building partially blackened.

Israelis unsure of ‘absolute victory’ in Gaza, finds poll

Jerusalem - Despite Prime Minister Benjamin Netanyahu's insistence the Gaza war will end with Israel achieving "absolute victory", a majority...
  • The Israel Democracy Institute think tank said only 38.3 percent of Israelis polled believed there was a "very high" or "fairly high" likelihood of an "absolute victory" in war.
  • Some 55.3 percent of respondents conversely said there was a "fairly low" or "very low likelihood" of such an outcome. Just over six percent of the 612 respondents were undecided.

As truce talks resume in Cairo, people in Gaza suffer from hunger

Heavy fighting rocked besieged Gaza as aid agencies warned of looming famine and new talks were held in Cairo towards...
  • Combat and chaos again stalled the sporadic aid deliveries for desperate civilians in Gaza.
  • The UN World Food Program said it was forced to halt aid deliveries in north Gaza because of "complete chaos and violence".

US urges UN court not to order Israel out of Palestinian lands

The International Court of Justice is holding a week of hearings after a request from the UN, with an unprecedented...
  • "The court should not find that Israel is legally obligated to immediately and unconditionally withdraw from occupied territory," said Richard Visek, US State Department advisor.
  • "Any movement towards Israel withdrawal from the West Bank and Gaza requires consideration of Israel's very real security needs," he argued

Europe’s gas demand at 10-year low, to peak in 2025: report

The invasion of Ukraine by Russia triggered a massive shift by European nations away from Russian natural gas delivered by...
  • IEEFA said that European gas demand has declined by 20% since the start of the Russian invasion
  • IEEFA noted that rush to build LNG terminals was continuing despite imports holding steady

Pentagon puts Iran war cost at $25 Bn; Hegseth clashes with lawmakers

The Pentagon has estimated that the ongoing Iran war has cost the United States $25 billion and claimed 14 American...

Company News

Latest News

Israel approves major West Bank settlement project, sparks international outcry

Israel has long had ambitions to build on the roughly 12-square-kilometre parcel known as E1 just east of Jerusalem, but...

Syrian, Israeli diplomats met in Paris to discuss ‘de-escalation’: report

Syria's foreign minister met with an Israeli diplomatic delegation in Paris on Tuesday to discuss "de-escalation and non-interference in Syria’s...

Indian PM Modi to visit China, security chief says

Indian Prime Minister Narendra Modi will visit China later in August, his security chief said on Tuesday during talks with...

Most Read

Ex-owner of world’s largest rhino farm arrested for trafficking

Johannesburg, South Africa -- South African police said they arrested Tuesday the former owner of the world's largest rhino conservation...
  • Hume, in his mid 80s, owned the largest rhino farm in the world until 2023 when it was bought by the African Parks NGO.
  • The 7,800-hectare (19,270-acre) "Platinum Rhino" site in the North West province is home to around 2,000 animals.

Stock markets cautious with eyes on Ukraine talks, US rates

Markets were also waiting for a key speech by the US Federal Reserve chief this week for clues on interest...
  • Defense stocks fell sharply as chances grew for a breakthrough in Ukraine peace talks, with Germany's Rheinmetall dropping 4.7 percent and France's Thales down 4.1 percent.
  • Traders hope Powell will provide more clues about a widely expected interest-rate cut at the Fed's September meeting, after data last week provided a mixed picture about inflation.

Israel demands release of all hostages after Hamas backs new truce offer

Mediators are awaiting an official Israeli response to the plan, a day after Hamas signaled its readiness for a fresh...
  • Mediator Qatar expressed guarded optimism for the new proposal, noting that it was "almost identical" to an earlier version agreed to by Israel.
  • Egypt said Monday that it and Qatar had sent the new proposal to Israel, adding "the ball is now in its court".