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

Court asks Netherlands to stop export of F-35 parts to Israel

The Appeals Court in The Hague sided with a group of human rights organizations that argued the parts contributed to...
  • The Appeals Court in The Hague sided with a group of human rights organizations that argued the parts contributed to violations of law by Israel in its war with Hamas.
  • "Israel does not take sufficient account of the consequences for the civilian population when conducting its attacks," said the court.

GPSSA issues circular on pensions, gratuity in UAE

ABU DHABI, UAE – The Emirates General Pension and Social Security Authority (GPSSA) has issued a circular to government and...
  • The circular included limiting the procedure of deduction from the pension or end-of-service gratuity for the benefit of GPSSA's debt.
  • In cases of unlawful disbursement, GPSSA has the right to deduct from other beneficiaries' shares, proportional to their entitlements.

Several nations eager to join Charter of Cooperation, says OPEC Secretary-General

ABU DHABI, UAE - Secretary-General of the Organization of Petroleum Exporting Countries Haitham Al Ghais said that OPEC is in...
  • The names of these countries will be announced after the completion of the ongoing consultations, the OPEC chief said.
  • He said the Charter helps facilitate dialogue and exchange views regarding conditions in the global oil and energy markets.

Vessel reports missile attack off Yemen’s coast: security firms

Another security firm, Ambrey, said the Marshall Islands-flagged, Greece-owned bulk carrier "was targeted by missiles in two separate incidents" within...
  • The incident occurred before 0400 local time (0100 GMT) in an area where Houthi rebels have repeatedly targeted Red Sea shipping in recent months, UKMTO said
  • Houthis' attacks prompted some shipping companies to detour around southern Africa to avoid Red Sea, a vital route that normally carries about 12 percent of global maritime trade

Israeli military says 2 hostages rescued in overnight Gaza operation

The military said in a statement that "during a joint IDF (military), ISA (Shin Bet security agency), and Israel Police...
  • During the October 7 attacks, Palestinian fighters seized about 250 hostages, according to an AFP tally based on official Israeli figures. Israel says around 130 are still in Gaza
  • Dozens of captives taken on October 7 were released during a one-week truce in November that also saw the release of more than 200 Palestinian captives held in Israeli jails

Iraq resumes talks with US on coalition forces exit

According to the military spokesman for Iraq's prime minister, the discussions aim to schedule a timeline for a pullout of...
  • The US-led military coalition was set up in 2014 to fight the Islamic State group
  • Since October, US and allied troops have been targeted more than 165 times in the region

Hospitalized Pentagon chief hands duties to deputy

The latest health scare came weeks after it emerged that Austin, 70, had kept previous hospital stays secret and had...
  • Deputy Secretary of Defense Kathleen Hicks "assumed the functions and duties" just before 5:00 pm (2200 GMT), Pentagon spokesman Pat Ryder said
  • Austin was "admitted into the critical care unit at Walter Reed National Military Medical Center for supportive care and close monitoring," the Pentagon said

More than 50 people killed in Israeli strikes on Rafah

Witnesses heard an intense series of strikes and saw smoke billowing above the city, which now hosts more than half...
  • Israeli military said that it had conducted a series of strikes in the Gaza Strip
  • Israeli PM Benjamin Netanyahu has ordered his army to prepare a ground offensive on Rafah

India says Qatar freed eight ex-navy personnel

"The Government of India welcomes the release of eight Indian nationals working for the Dahra Global company who were detained...
  • In October, India said it was "shocked" after a Qatari court had sentenced them to death, but the sentence was reduced in December
  • The Hindu newspaper reported the men were spying for a "third country", while the Times of India has said that "they were accused of spying for Israel."

Saudi Arabia sends $250m to bolster Yemeni government

Saudi Arabia said it had disbursed $250 million in aid to the internationally-recognized government in Yemen. The money follows an...
  • The Yemeni government relocated to Aden, a port city on the southern coast, after the Iran-backed Houthis seized the capital Sanaa in 2014.
  • In 2015 Saudi Arabia mobilized an international coalition intended to oust the Houthis.

Middle East conflict may push 30 million into poverty: UNDP

According to a new UNDP policy brief, the impact is most severe in countries directly affected by the fighting and...

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At least 1,760 killed while seeking aid in Gaza since late May: UN

"While 994 were killed in the vicinity of GHF (Gaza Humanitarian Foundation) sites, 766 were killed along the routes of...

Hezbollah chief thanks Iran for ongoing support to face Israel

Beirut, Lebanon - Hezbollah chief Naim Qassem has thanked a senior Iranian official for his country's ongoing support in confronting...

Israeli far-right minister backs contentious West Bank settlement plan

Israel's finance minister on Thursday backed plans to build 3,400 homes in a particularly contentious area of the occupied West...

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Foreign NGOs say new Israeli rules keep them from delivering Gaza aid

According to the joint letter, whose signatories include Oxfam and Doctors Without Borders (MSF), at least 60 requests to bring...
  • UK-based Oxfam said that $2.5 million worth of its supplies, including food, were barred from entering Gaza, while CARE said it had not been authorized to bring in aid since March.
  • The aid groups complained that the new rules were leaving Gazans without life-saving assistance.

‘Putin has only one chance:’ Trump warns of make-or-break chance with Russian leader

Putin and Trump will meet Friday at an air base in the far-northern US state, the first time the Russian...
  • Putin and Trump will meet Friday at an air base in the far-northern US state, the first time the Russian leader has been permitted on Western soil since his invasion of Ukraine
  • Ukrainian President Volodymyr Zelensky, who has refused to surrender territory to Russia, spoke by telephone Wednesday with Trump, as did European leaders

Lebanon slams foreign interference as Iran security chief visits

Lebanese leaders firmly rejected any efforts at foreign interference during a visit by Iran's security chief Wednesday, with the prime...
  • The uncharacteristically blunt remarks hinted at a changed balance of power in a country where Iran has long wielded substantial influence by funding and arming Hezbollah
  • The visit by Supreme National Security Council chief Ali Larijani comes after the Lebanese government ordered the army to devise plans to disarm Hezbollah