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

Ex-Amazon economist to head Turkey’s central bank

Erkan resigned just a week after completing a historic series of interest rate hikes that have pushed the baseline rate...
  • Fatih Karahan's appointment follows the resignation of Hafize Gaye Erkan after less than a year in office over a media scandal involving her family
  • The reshuffle appears to keep in place Erdogan's newfound commitment to market economics following years of financial turmoil

US retaliatory strikes hit Iran-linked targets in Syria, Iraq

"The United States does not seek conflict in the Middle East or anywhere else in the world. But let all...
  • The United States did not strike the Iran's territory seeking to deter future attacks while stopping short of all-out war with Tehran
  • US NSC spokesman John Kirby told journalists that the strikes lasted about 30 minutes though they involved a lengthy trip for the B-1 bombers

Iraq’s pro-Iran Al-Nujaba group to continue attacks on US troops

"Any (US) strike will result in an appropriate response," Al-Nujaba leader Akram al-Kaabi said in a statement, adding the group...
  • Al-Nujaba movement forms part of the Islamic Resistance in Iraq, an alliance of Iran-backed armed groups that the US has blamed for last weekend's deadly drone attack
  • Another of the alliance's factions, Kataeb Hezbollah (the Hezbollah Brigades), announced earlier this week that it was suspending its attacks on US forces in Iraq and Syria

Iranian adviser among three killed in Israeli strikes on Syria

The targets included a site operated by Lebanese group Hezbollah on a road leading to the Sayyida Zeinab district and...
  • The Syrian Observatory for Human Rights said "three members of pro-Iran groups, including an Iranian and an Iraqi" were killed in "Israeli air strikes".
  • Iran's Mehr news agency said an Iranian adviser from the Islamic Revolutionary Guard Corps, Saeed Alidadi, was killed in the strikes

UN estimates at least 17,000 Gaza children separated from parents

"Each one has a heartbreaking story of loss and grief," said Jonathan Crickx, spokesman for the UN children's agency UNICEF...
  • Before the conflict erupted, UNICEF estimated that more than 500,000 children in the Gaza Strip needed mental health and psycho-social support.
  • Now it believes that "almost all children are in need" of such help -- more than one million children, said Jonathan Crickx, spokesman UNICEF in the Palestinian territories.

UAE signs pact to develop digital infrastructure in Greece  

ABU DHABI, UAE  - The Ministry of Investment of the UAE and the Ministry of Digital Governance of the Hellenic...
  • Data centers to be developed under this MoU can reach a total capacity of 500 megawatts.
  • The data center market in Greece has witnessed significant growth in the last few years.

North Korea prepares for conflict as Kim inspects warships

The North Korean leader has in recent weeks declared South Korea his country's "principal enemy", jettisoned agencies dedicated to reunification...
  • The country last year launched what it called its first "tactical nuclear attack submarine"
  • Experts said the vessel seemed to be modified from an existing diesel-electric submarine

Global alliances key to educational advancement

"We are dedicated to supporting scientific research and innovation through strategic partnerships and pioneering initiatives, focusing on future-oriented sciences for...
  • UAE Education Minister Dr. Ahmad Belhoul Al Falasi advocates for public-private partnerships in education, emphasizing the importance of sharing expertise to boost quality.
  • During his UK visit, he underscores UAE's dedication to education, focusing on elevating the EdTech sector, curriculum development, and supporting Emirati students abroad.

Hamas gives ‘initial’ approval to plan for Gaza war pause

A Hamas source had told AFP the three-stage plan would start with an initial six-week halt to the fighting that...
  • Mediators pushed ahead with peace efforts as fighting raged in Gaza and as Qatar-based Hamas leader Ismail Haniyeh was expected in Cairo for talks on Thursday or Friday
  • Hamas has been reviewing a proposal for a six-week pause and a hostage-captives exchange, a Hamas source had told AFP after the Paris meeting

Pegasus used in Jordan to spy on key figures, says report

Paris, France - Hackers have used the notorious Pegasus spyware to break into the phones of dozens of journalists and activists...
  • Pegasus can seize control of a phone's microphone and camera and access documents, and a leak in 2021 showed how governments used it to spy on critics.
  • Daoud Kuttab, a Palestinian-American journalist in Jordan, had his phone hacked three times in 2022 and 2023 and faced a further seven failed attempts.

The shift from innovative to native: Unlocking where real AI value lies

There are, of course, technical hurdles to overcome, too, one of which is modernizing legacy systems. Many enterprises still operate...

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A day after Hezbollah’s rebuff, Lebanon cabinet meets again on the group’s disarmament

With Washington pressing Lebanon to take action on the matter, US envoy Tom Barrack has made several visits to Beirut...

Turkey, Senegal discuss defence industry, security cooperation

Turkey's President Recep Tayyip Erdogan said he discussed defence and security cooperation with Senegal's visiting prime minister Ousmane Sonko on...

Israel seeks full control of Gaza, won’t keep or govern it: Netanyahu

"We want to hand it over to Arab forces that will govern it properly without threatening us and giving Gazans...

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Electric ‘air taxis’ could debut in Japan from 2027

Tokyo, Japan -- Airline ANA said Thursday that, together with a US start-up, it hopes to have electric "air taxis"...
  • ANA and California-based Joby Aviation said they will establish a joint venture with a view to deploying more than 100 of the five-seater aircraft.
  • The project primarily envisages trips between Narita and Haneda airports and Tokyo, although the routes can diversify in the future.

Tourists drawn to Oman’s giant sinkholes

The sinkholes are marketed as a tourist attraction in Dhofar, whose temperate climate draws many visitors from the Gulf during...
  • One of the sinkholes is one of the world's biggest: the yawning Kahf Teiq, 211 meters (692 feet) deep and 150 meters wide.
  • At the Tawi Atair sinkhole, tourists potter around on concrete paths and stairways.

Lebanon’s Hezbollah rejects cabinet decision to disarm it, terms it a grave sin

Hezbollah said Wednesday that it would treat a Lebanese government decision to disarm the militant group "as if it did...
  • The government said its decision came as part of implementing a November ceasefire that sought to end more than a year of hostilities between Israel and Hezbollah
  • Israel has kept up its strikes on Hezbollah and other targets despite the November truce, and has threatened to keep doing so until the group has been disarmed