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

Not entering Rafah means losing war, says Netanyahu

Speaking at a televised news conference, Israel's Prime Minister Benjamin Netanyahu said that critics exhorting Israel not to lauch offensive...
  • Israel closest ally the US has implored it to hold off sending troops into Rafah
  • Negotiations have been going on in Cairo to try to broker a pause in the fighting

Roadmap out for environmental education, sustainable development at WEEC2024

ABU DHABI, UAE - The Abu Dhabi Roadmap, a high-level plan outlining global recommendations to bolster Environmental Education (EE) and...

Lebanon judge charges Nissan employees for allegedly stealing Ghosn documents

BEIRUT, LEBANON - A Lebanese judge has charged four Nissan employees with the theft of documents and devices from the Beirut...
  • A lawyer for the company said that the legal action was "unlawful" and that they would seek to have the charges thrown out.
  • The Beirut judge has decided to prosecute "four senior Nissan officials" of Japanese, Spanish, French and British nationalities.

Iran unveils air defense systems amid rise in Middle East tensions

Tehran, Iran - Iran unveiled two new air defense systems on Saturday, state media reported, with tensions high in the Middle...
  • "The Arman anti-ballistic missile system and the Azarakhsh low-altitude air defense system, built by the ministry of defense, were unveiled this morning," local reports said.
  • The unveiling of the new weapons comes at a time of heightened regional tensions with the war between Israel and Tehran-backed Hamas raging into a fifth month.

Hamas chief says group seeks complete truce in Gaza

Palestinian Territories - Hamas chief Ismail Haniyeh on Saturday reiterated the group's demand of a complete ceasefire in Gaza, a...
  • In a statement issued on Saturday, Qatar-based Haniyeh reiterated the group's several demands, including an end to fighting in Gaza.
  • Haniyeh insisted that those displaced from the north be returned to their areas in the territory and also called for the release of Hamas prisoners.

UNRWA chief says Israel wants to destroy agency

Geneva, Switzerland - Israel is waging a concerted campaign aimed at destroying UNRWA, the head of the UN agency for Palestinian...
  • "Right now we are dealing with an expanded, concerted campaign by Israel aimed at destroying UNRWA," he told the Swiss newspaper group Tamedia
  • Israel has called for Lazzarini to step down following claims that a Hamas tunnel had been discovered under its evacuated Gaza City headquarters.

Pakistan official admits being part of election rigging

Islamabad, Pakistan - A senior bureaucrat said on Saturday he helped rig Pakistan's elections, a week after polls marred by allegations...
  • Liaqat Ali Chattha, commissioner of the garrison city of Rawalpindi, said he would hand himself over to police.
  • "We converted the losers into winners, reversing margins of 70,000 votes in 13 national assembly seats," he said.

Fear pervades West Bank hospital after deadly Israeli raid

Jenin, Palestinian Territories - A climate of fear pervades a hospital in the occupied West Bank city of Jenin, where patients...
  • At the rehabilitation ward at Jenin's Ibn Sina hospital, two patients recalled hearing the screams of a nurse as Israeli forces reached the third floor.
  • Such an attack "creates fear and is dangerous for health workers and patients", said Rik Peeperkorn, the UN agency's envoy for the Palestinian territories.

WTO chief insists global trade body still counts

WTO members' trade ministers have their biennial meeting in Abu Dhabi from February 26-29, at which they could put the...
  • World Trade Organization is hoping for results from its 13th ministerial meeting in Abu Dhabi, particularly on fishing, agriculture and electronic commerce
  • WTO chief said the meeting to be tough due to the "economic and political headwinds", from Ukraine war, the attacks in the Red Sea and economic difficulties in Europe and China

Coups, conflicts and crises confront African summit

Ahead of the gathering in the Ethiopian capital Addis Ababa, African Union Commission head Moussa Faki Mahamat voiced alarm at...
  • Gabon and Niger will be absent from the summit following their suspension over coups last year -- joining Mali, Guinea, Sudan and Burkina Faso, which are also barred
  • Beyond Africa, the Israel-Hamas conflict in Gaza is a hot topic, with African Union Commission head Moussa Faki Mahamat describing it as a "war of extermination."

Trump claims Iran in ‘state of collapse’, says Tehran wants blockade lifted

US President Donald Trump has claimed that Iran is in a “state of collapse” and said Tehran has approached Washington...

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Zelensky returns to site of stunning Oval Office shouting match to talk peace with Russia

European leaders will join Zelensky in Washington on Monday, seeking above all else to prevent another Oval Office meltdown -- but...

Iranians struggle with GPS disruption after Israel war

Tehran, Iran - The streets of Tehran have become a confusing maze for driver Farshad Fooladi amid widespread GPS disruption,...

Israel says targeted Huthi energy site in Yemen

Israel said Sunday it targeted an energy infrastructure site in Yemen's capital Sanaa, linked to the Iran-backed Huthi rebels behind...

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Israelis rally nationwide calling for end to Gaza war, hostage deal

A huge Israeli flag covered with portraits of the remaining captives was unfurled in Tel Aviv's so-called Hostage Square --...
  • The Israeli plans to expand the war into Gaza City and nearby refugee camps have sparked an international outcry as well as domestic opposition.
  • Chief of staff Lieutenant General Eya Zamir said on Sunday that the military was "approving the plan for the next phase of the war".

Davos founder Schwab cleared of misconduct by WEF probe

Geneva, Switzerland -- An investigation conducted by the World Economic Forum's board on Friday cleared the body's founder Klaus Schwab...
  • In April, WSJ reported that the institution's board of directors accused Schwab and his wife Hilde of mixing their affairs with Forum resources without proper oversight.
  • A spokesperson for Schwab had immediately denied all these accusations, but the 87-year-old said he would step down as head of the WEF.

Israeli strikes kill 40 Palestinians in Gaza, says civil defense agency

The latest deadly strike comes as Israeli military hinted at an approaching call to push civilians from Gaza City ahead...
  • The latest toll comes more than a week after Israel's security cabinet approved plans to capture the Palestinian territory's largest city.
  • Ahead of the offensive, Israeli defense ministry said that starting from Sunday, the military would supply more tents and shelter equipment.