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

Missile attack targets ship off Yemen: security agencies

Friday's strike came as a US decision in January to redesignate the Houthis as "terrorists" formally came into force. The...
  • US State Department spokesperson said a missile fired from Yemen "struck the port side of the India-bound, Panamanian-flagged MT Pollux, which was carrying crude oil
  • Security firm Ambrey said the Panama-flagged tanker "sustained minor damage" in the missile strike northwest of the Yemeni coastal city of Mokha

Gaza health ministry: 5 die in Israeli-raided hospital after oxygen cut

Five patients from the intensive care unit had died "as a result of the stopping of generators that caused a...
  • The Israeli army said Thursday it had launched a "precise" operation in the hospital after receiving "credible intelligence" to suggest hostages had been held inside
  • Medical charity Doctors Without Borders said on Thursday that shelling of the Nasser hospital had forced its staff to flee, leaving patients behind

Hizbollah chief says Israel to pay ‘with blood’ for Lebanon civilians killed

Nasrallah said the killing of civilians was aimed at "putting pressure" on Hizbollah to stop attacks on Israel, but stressed...
  • He warned that his movement has "precision-guided missiles that can reach... Eilat", on Israel's Red Sea coast, beyond the northern towns it usually targets in retaliatory strike
  • Hamas ally Hizbollah and its arch-foe Israel have been exchanging near-daily fire across the border since the Israel-Hamas war broke out on October 7

Recognizing Palestine state not a taboo for France, says Macron

"The recognition of a Palestinian state is not a taboo for France," he said at a joint press conference in...
  • His comments come after Benjamin Netanyahu rejected a plan for international recognition of such a state, following reports of such an initiative in The Washington Post.
  • Macron also repeated a warning against Israel attacking the city of Rafah, the southernmost point in the besieged and bombarded Palestinian territory of Gaza.

A royal decree dissolves Kuwait parliament as political wrangling persists

Kuwait City, Kuwait--Kuwait dissolved parliament on Thursday after a protracted stalemate between cabinet ministers and lawmakers dragged on despite the accession...
  • According to KUNA, the official news agency, a "royal decree was issued to dissolve the national assembly" elected in June of 2023
  • The royal decree came after ministers boycotted a parliamentary session on Wednesday, objecting to a speech delivered by a lawmaker

Iran, Armenia eye $3 billion bilateral trade volume

Tehran, Iran – Deputy Prime Minister of Armenia Mher Grigoryan on Thursday said that Iran and Armenia have the potential...
  • Grigoryan made the remarks during the 18th meeting of the Iran-Armenia Joint Economic Commission where he also described Iran as “a very important partner.”
  • The 18th meeting of the Iran-Armenia Joint Economic Commission was held on February 14-15 in Tehran to further foster economic ties between the two countries

Israel faces fresh US calls against attack on Rafah

Palestinian Territories - Israel faced renewed calls from key ally the United States on Friday against launching a large-scale attack...
  • Israeli Prime Minister Benjamin Netanyahu has insisted he would push ahead with a "powerful" operation in the overcrowded city to achieve "complete victory" over the Hamas
  • The White House said US President Joe Biden had spoken by phone with Netanyahu late Thursday, urging him not to carry out an attack on Rafah without a plan to keep civilians safe

In Egypt, Brazil’s president denounces Israel’s Gaza war

Speaking before an Arab League meeting in Cairo, President Luiz Inacio Lula da Silva, on his second trip to Egypt...
  • The Brazilian leader said in the speech "stop the collective punishment"
  • Lula, in November, accused Israel of committing the "equivalent of terrorism" in Gaza

Israel PM spurns global recognition of a Palestinian state

In a post in Hebrew on social media platform X, Israel's Prime Minister Benjamin Netanyahu said that the Jewish country...
  • His comments follow a similar rejection by far-right ministers Itamar Ben-Gvir
  • The Washington Post reported that the US and Arab diplomats were working on a plan for peace

Record number of West Bank outposts set up in 2023, says Israel NGO

Jerusalem - Israeli settlers established a record number of wildcat outposts in the occupied West Bank in 2023, a watchdog...
  • Twenty-six settlements not recognized by the Israeli government were established last year, including around 10 since the war in the Gaza Strip broke out.
  • Peace Now said 2023 saw the highest number of wildcat outposts -- those established without the approval of the Israeli authorities -- since it began in 1996.

Hezbollah warns it would respond to Israeli ceasefire violations

The exchange came as regional tensions remained high and Iran intensified diplomatic efforts to secure a broader halt to hostilities,...

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Syrian president says unifying country ‘should not be with blood’

Damascus, Syria -- Syrian President Ahmed al-Sharaa has said the battle to unify his country after years of civil war...

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 --...

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...

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Netanyahu has become a ‘problem’, says Danish PM

Danish Prime Minister Mette Frederiksen said Saturday that Israeli leader Benjamin Netanyahu has become a "problem", adding she would try...
  • "Netanyahu is now a problem in himself," Frederiksen said in an interview with the Jyllands-Posten daily, adding that the Israeli government was going "too far."
  • The centre right leader slammed the "absolutely appalling and catastrophic" humanitarian situation in Gaza and new settlement project in the occupied West Bank

Emaciated Gaza woman dies after humanitarian flight to Italy hospital

A young Palestinian woman who was flown from Gaza to an Italian hospital in a severely emaciated state for treatment...
  • The 20-year-old, identified by Italian media reports as Marah Abu Zuhri, arrived in Pisa on an Italian government humanitarian flight overnight Wednesday-Thursday
  • The University Hospital of Pisa said she had a "very complex clinical picture" and serious wasting, which is when a person has significant weight and muscle loss

Trump drops Ukraine ceasefire demand after Putin summit, to pursue full peace accord

Prior to the high-stakes meeting in Alaska, securing an immediate cessation of hostilities had been a core demand of Trump...
  • Prior to the high-stakes meeting in Alaska, securing an immediate cessation of hostilities had been a core demand of Trump and European leaders
  • The shift away from an urgent ceasefire would seem to favor Putin, who has long argued for negotiations on a final peace deal