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

WEF24: Scaramucci calls for reform in US politics

US politics need reform, strategic foresight, and principled governance to address domestic and global challenges, says noted American financier Anthony...
  • US politics need reform, strategic foresight, and principled governance to address domestic and global challenges, says noted American financier Anthony Scaramucci.
  • Scaramucci tackles issues like the 'weaponization of the dollar,' lobbying influences, and power concentration in the US during a TRENDS-hosted panel session.

Israeli settler violence ‘must stop’: French FM

French minister denounced anti-Palestinian rhetoric and "even calls to commit war crimes" by Israeli officials, after some Netanyahu allies have...
  • Since the October 7 attack triggered war between Israel and Hamas, at least 381 Palestinians have been killed by Israeli troops and settlers in the West Bank
  • The French Minister called for "a comprehensive political solution, with two states living in peace side by side", urging the resumption of the peace process "without delay"

UAE and Jordan leaders discuss boosting economic, investment ties

Amman, Jordan-- The UAE and Jordan have explored opportunities for collaboration in the fields of economy, investment, food security, renewable...
  • The two leaders explored new opportunities for collaboration to support the development goals of both countries
  • They discussed regional and international issues with a specific focus on the Middle East, in particular the Gaza Strip

Blinken heads to Egypt to seek ‘enduring end’ to Gaza war

Palestinian Territories - US Secretary of State Antony Blinken was due to fly to Egypt on Tuesday as part of...
  • In Cairo, Blinken is scheduled to meet Egyptian President Abdel Fattah El-Sisi, the day after he held talks in Riyadh with Saudi Crown Prince Mohammed bin Salman
  • Blinken's diplomatic push has been given fresh urgency with Israeli forces pressing further south towards Rafah, a Palestinian city on the southern border with Egypt

China, Russia blame US for stoking Middle East tensions

The US forces targeted many positions in Syria and Iraq in retaliation for a drone attack on a base in...
  • Russian ambassador said US attacks are aimed to stoke the conflict
  • China's ambassador said US actions will worsen the "tit-for-tat violence in the Middle East"

WW3 may begin before US President Biden’s term ends, Trump says

NEW YORK, US - World War III may break out before US President Joe Biden leaves office, former US president...
  • Trump alleged that that Biden's policy had turned the world into hell and was leading the United States to a bloodbath.
  • The US presidential election will be held in November and incumbent Joe Biden said that he would seek re-election.

Russian foreign minister to speak at Valdai Middle East Conference

MOSCOW, RUSSIA - Russian Foreign Minister Sergey Lavrov will take part in the 13th Middle East Conference of the Valdai...
  • The 13th conference is taking place at a time when the region is under the microscope amid the escalating Palestinian-Israeli conflict.
  • Experts are likely to discuss ways to come to a comprehensive settlement in the Middle East, the legacy of colonial policy.

Spain to increase UNRWA funding after donors suspend aid

MADRID, SPAIN -  Spain said on Monday that it would give an additional US$$3.8 million (3.5 million euros) in aid to...
  • Over a dozen countries, including the US, Germany, Britain and Sweden, have suspended their funding to UNRWA.
  • There are accusations that 12 UNRWA staff members were involved in the October 7 attacks in Israel by Hamas.

Investment in Qatar free zones reaches US$1.3bn, says QFZ chairman 

DOHA, QATAR - Minister of State and Chairman of Qatar Free Zones Authority (QFZ) Dr. Ahmad bin Mohammed Al Sayed...
  • The QFZ chairman held a meeting with a delegation led by First Vice-Chairman of Qatar Chamber Mohamed bin Ahmed bin Twar Al Kuwari.
  • The delegation paid a field tour to the Ras Bufontas Free Zone to explore the investment benefits and business opportunities within the free zones.

Gaza situation ‘indescribable’ as Blinken starts another Mideast tour

On his fifth trip to the region since the war broke out, Blinken will visit Saudi Arabia, Israel and mediators...
  • At least 128 people were killed in Israeli strikes overnight to Monday, according to the health ministry in the Hamas-ruled territory.
  • UN chief Antonio Guterres announced the creation of a panel to assess UNRWA and "whether the agency is doing everything within its power to ensure neutrality".

GCC energy sector strengthens global role despite lower oil output

Gulf Cooperation Council (GCC) countries continue to strengthen their position in global energy markets, supported by extensive natural resources, advanced...

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Netanyahu announces plan to allow foreign reporters into Gaza

Israeli Prime Minister Benjamin Netanyahu announced on Sunday a plan to allow more foreign journalists to report inside Gaza with...

Netanyahu says new Gaza plan ‘best way to end the war’ as criticism intensifies

UN says 'if these plans are implemented, they will likely trigger another calamity in Gaza, reverberating across the region and...

Jordan says to host Syria-US meeting on reconstruction

The meeting, which will be attended by Syrian Foreign Minister Asaad al-Shaibani and US special envoy for Syria Thomas Barrack,...

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Thousands protest in Tel Aviv against Israeli govt move to expand Gaza war

Demonstrators waved signs and held up pictures of hostages still being held in the Palestinian territory as they called on...
  • A group representing the families of hostages said as many as 100,000 people participated.
  • Out of 251 hostages captured during Hamas's 2023 attack, 49 are still being held in Gaza, including 27 the military says are dead.

Russia cautious on Armenia-Azerbaijan deal, Iran reject border corridor

Russia cautiously welcomed a US-brokered draft deal between Armenia and Azerbaijan on Saturday, but Moscow's regional ally Iran rejected the...
  • The two former Soviet republics signed a peace deal in Washington on Friday to end a decades-long conflict, though the fine print and binding nature of the deal remained unclear
  • The US-brokered agreement includes establishing a transit corridor through Armenia to connect Azerbaijan to its exclave of Nakhchivan, a longstanding demand of Baku

Iran opposes Lebanese govt’s decision to disarm Hezbollah: Khamenei adviser

Iran opposes the Lebanese government's decision to disarm the Tehran-backed militant group Hezbollah, a senior adviser to supreme leader Ayatollah...
  • "The Islamic Republic of Iran is certainly opposed to the disarmament of Hezbollah," international affairs adviser Ali Akbar Velayati said
  • The Lebanese cabinet on Tuesday authorised the army to draw up a plan to establish the state's exclusive control over weapons