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

Firms lag as AI-driven fraud surges: Study

The report, published by the Association of Certified Fraud Examiners and analytics firm SAS, highlights widening gaps between rapidly evolving...

Iran oil minister blames Israel for gas pipeline sabotage

Tehran, Iran--Iran said Wednesday that Israel was behind twin sabotage attacks against gas pipelines that disrupted supplies in at least...
  • The explosions on February 14 hit pipelines in the cities of Safashahr in the southern province of Fars and Borujen in the southwestern province of Chaharmahal and Bakhtiari.
  • The Islamic republic's oil minister Javad Owji told reporters after a cabinet meeting in Tehran that "the explosion of the country's gas lines was the work of Israel"

London court rejects suspending arms exports to Israel

Britain's strategic licensing criteria states that weapons should not be exported when there is a clear risk they could be...
  • A coalition of legal advocacy groups had asked the High Court in January to expedite a judicial review of UK government's decision to keep selling arms to Israel
  • But the court ruled against the measure, the lawyers said in a statement to AFP on Tuesday, adding that they would appeal the decision

Pentagon confirms Houthis shot down drone off Yemen

The downing of the drone came the same day that the Houthi rebels targeted two US-owned merchant vessels as they...
  • A Pentagon official said the drone was shot down by a Houthi surface-to-air missile
  • The Houthis that they had targeted "two American ships in the Gulf of Aden"

Dutch court upholds $50bn payment award in Yukos case

THE HAGUE, NETHERLANDS -  A Dutch court quashed an appeal by Russia in a record $50-billion case on Tuesday, paving the...
  • The Amsterdam Appeals Court turned down a claim by Moscow that shareholders had "committed fraud" during the arbitration process.
  • In 2014 the international Permanent Court of Arbitration (PCA) in The Hague ruled in favor of shareholders,

WHO registers eighty percent rise in measles case

Geneva, Switzerland - The World Health Organization voiced alarm on Tuesday at the rapid spread of measles, with more than 306,000...
  • At least 95 percent of children need to be fully vaccinated against the disease in a locality to prevent outbreaks, but global vaccination rates have slipped to 83 percent.
  • WHO official Crowcroft pointed out that 92 percent of all children who die from measles live among less than a quarter of the global population, mainly in very low-income countries

WHO shifts 32 patients out of ‘indescribable’ Gaza hospital

Geneva, Switzerland - The World Health Organization said on Tuesday it had transferred 32 patients out of the besieged Nasser Hospital...
  • After being denied access to the hospital on Friday and Saturday, the WHO said it led two life-saving missions to transfer 32 critical patients, including two children.
  • WHO staff said the scenes around the hospital in the southern city of Khan Yunis were "indescribable", while calling the conditions inside ripe for the spread of disease.

UN pauses aid in Gaza after food convoy attacked and looted

The World Food Program (WFP) resumed deliveries on Sunday after a three-week halt but its convoy "faced complete chaos and...
  • UN's World Food Program said it was forced to pause the deliveries "until conditions are in place that allow for safe distributions".
  • It added that it was not a decision taken lightly because it "means the situation there will deteriorate further and more people risk dying of hunger".

Global operation smashes ‘most harmful cyber crime group’

LONDON, UK - An international operation led by UK and US law enforcement has severely disrupted "the world's most harmful cybercrime...
  • LockBit and its affiliates have targeted governments, major companies, schools and hospitals, causing billions of dollars of damage.
  • LockBit's website -- selling services that allow people to organize cyber attacks and hold data until a ransom is paid appears -- was taken over.

Israeli apartheid against Palestinians worse than in S.Africa: Pretoria

"We as South Africans sense, see, hear and feel to our core the inhumane discriminatory policies and practices of the...
  • The South African representative said, "It is clear that Israel's illegal occupation is also being administered in breach of the crime of apartheid."
  • He said South Africa had a "special obligation" to call out apartheid wherever it occurs and ensure it is "brought to an immediate end"

26 EU states demand ‘immediate’ halt in Gaza fighting: Borrell

The European Union has struggled for a united response on Israel's military operation following the October 7 attack by Hamas....
  • EU countries also reiterated their calls for Israel not to launch an assault on the Gaza city of Rafah, which has become the main shelter zone in the stricken territory.
  • Israel has warned that, unless Hamas frees all hostages, it will push on with its offensive during the Muslim holy month of Ramadan, including in Rafah

Gas prices surge as Iran tensions roil energy markets

The Wall Street Journal reported that U.S. officials said President Donald Trump had instructed aides to prepare for a sustained...

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Netanyahu slams Macron for fuelling ‘antisemitic fire’ by move to recognise Palestinian state

Israeli Prime Minister Benjamin Netanyahu upbraided President Emmanuel Macron in a letter seen by AFP on Tuesday, blaming the French...

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...

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...

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Syria commission says more than 300,000 may have gone missing since 1970s

The head of Syria's commission for missing persons said Monday the number of people who went missing during decades of...
  • Mohammed Reda Jalkhi, head of the commission created in May, said the body's mandate ranged from 1970, the year Hafez al-Assad took power
  • "Our estimates of the number of missing range between 120,000 and 300,000 people, and it could be more," he told state news agency SANA

Under Rubio, US has revoked visas of 6,000 students deemed to counter US interests

Rubio, to the delight of President Donald Trump's right-wing base, has proudly moved against students using an obscure law that...
  • The State Department did not break down the visas by nationality, even though Rubio has vowed to be aggressive in targeting students from China.
  • The top US diplomat in March told reporters that he was revoking visas daily, saying of activist students: "Every time I find one of these lunatics, I take away their visas."

Putin and Zelensky set for peace summit after Trump’s talks with him, alongside European leaders

Trump met Russian President Vladimir Putin in Alaska on Friday but the talks failed to yield any breakthrough on a...
  • Trump met Russian President Vladimir Putin in Alaska on Friday but the talks failed to yield any breakthrough on a ceasefire
  • Though White House envoy Steve Witkoff said both leaders had agreed to provide "robust security guarantees" to Ukraine