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

Former Pakistan PM Imran Khan handed 10-year prison term

Islamabad, Pakistan - Former Pakistan prime minister Imran Khan was sentenced on Tuesday to 10 years in prison, less than two...
  • Tuesday's sentence for leaking classified state documents was handed down inside Adiala jail -- where Khan has been confined for much of the time since his August arrest
  • Local media reported the convictions and sentences although state TV did not use Khan's name, obeying strict censorship measures that have alarmed rights monitors

Israeli strikes on Gaza continue as mediators push for new truce

Heavy Israeli strikes and urban combat across the besieged Gaza Strip killed 128 more people overnight, the health ministry in...
  • The World Health Organization called the row over UNRWA "a distraction from what's really going on every day, every hour, every minute in Gaza".
  • Israel's top ally the United States expressed hope for a deal, with Blinken telling reporters that "very important, productive work has been done".

Ras Al Khaimah witnesses rise in issue of valid business licenses in 2023

RAS AL KHAIMAH, UAE - The economic growth of the Emirate continued to accelerate in 2023, with the Department of...
  • The industrial sector in Ras Al Khaimah achieved a 5.3 percent annual growth rate in valid licence capital.
  • Commercial licences experienced a 14.4 percent annual increase, bringing their total capital to $1.3 billion.

Canada revokes ban on military exports to Turkey

Canada will now require that Turkish importers provide assurances about the weapons' use as well as a government statement "clearly...
  • Permits for military items and certain types of weapons destined for Turkey "will now be reviewed on a case-by-case basis," the Canadian government said
  • The export ban affected some 30 permits, and applied to a wide variety of military goods and technologies including components for the production of aircraft

Israel troops to ‘go into action’ soon at Lebanon border: minister

Since the outbreak of war between Hamas and Israel on October 7, the Lebanese-Israeli border has seen near-daily exchanges of...
  • Israel's army chief Herzi Halevi said earlier this month that the likelihood of war on the northern border has become "much higher"
  • Gallant said Monday that Gaza fighters were running out of supplies and ammunition, but that the war against Hamas "will take months"

UN chief to meet donor nations after UNRWA accusations

Several countries, including the United States, France, Britain, Germany and Japan, have announced the suspension of further funding to the...
  • UNRWA said it acted promptly over allegations but that cuts in funding will affect ordinary Palestinians
  • In Gaza people said the support they received from the agency amounted to a lifeline

Qatar says Gaza truce proposal to be sent to Hamas as war rages on

Sheikh Mohammed confirmed that the framework -- which he said might lead to a permanent ceasefire -- includes a phased...
  • Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said "good progress" had been made and the parties were "hoping to relay this proposal to Hamas
  • Israeli Prime Minister Benjamin Netanyahu's office has called the Paris talks "constructive" but pointed to "significant gaps which the parties will continue to discuss"

Saudi envoy to US deplores Western media criticism of women rights in kingdom

Washington D.C., US--– Saudi Arabia's ambassador to the US, Reema Bandar Al-Saud, has expressed disappointment with recent media criticism of...
  • The ambassador, reacting to an opinion piece in the Washington Post, slammed the piece for relying on "outdated stereotypes and western-centric views"
  • She cited inaccuracies in the portrayal of Saudi women as oppressed and devoid of rights and said that the kingdom has made substantial progress in women's rights

We want complete ceasefire, not temporary truce: Hamas

Taher al-Nunu, a senior Hamas official, said his group wanted a "complete and comprehensive ceasefire, and not a temporary truce."...
  • Extensive talks in Paris had resulted in a framework for a phased truce
  • The framework would see women and children hostages released first

Two million people may die in Gaza without world’s help: Turkish foreign minister

Ankara, Turkey - Turkish Foreign Minister Hakan Fidan on Monday expressed serious apprehensions about the escalating situation in the Gaza...
  • Hakan Fidan described the current events as "a tragedy on another scale" and emphasized the need for prompt preventive measures
  • If people in Gaza also begin to die of hunger and disease, it will become a great moral burden that the world will not be able to bear, he said

US assets outperform as geopolitical shock reshapes markets

The dollar still functions as the world’s primary safe haven, and in moments of acute geopolitical uncertainty, capital flows toward...

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Full occupation of Gaza looms as Israel orders army to execute any decision

The Israeli press, citing officials, has predicted an escalation of operations, including in densely populated areas where hostages are believed...

Netanyahu says Israel must complete defeat of Hamas to free hostages, secure Israel

Israeli media said the premier was considering ordering the total occupation of the Palestinian territory, with public broadcaster Kan reporting...

UN experts call for Israel-backed Gaza Humanitarian Foundation to be dismantled

"The GHF ... is an utterly disturbing example of how humanitarian relief can be exploited for covert military and geopolitical...

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UN starts new bid to forge plastics treaty amid ‘global crisis’

Geneva, Switzerland -- Nations must resolve the global plastics crisis, the head of UN talks told negotiators from 180 countries...
  • Three years of negotiations hit the wall in Busan, South Korea in December when oil-producing states blocked a consensus.
  • Key figures steering the negotiations at this new attempt said they were not expecting an easy ride this time, but insisted a deal remained within reach.

‘Projectile’ fired at Israel from Yemen: Israeli military

Jerusalem, Undefined - A "projectile" fired towards Israel from Yemen was intercepted, but not before air-raid warnings sounded across the...
  • "Following the sirens that sounded a short while ago in several areas in Israel, a missile launched from Yemen was intercepted by the IAF," the military posted on social media
  • The Houthis, who control the Yemeni capital Sanaa and large swaths of the country, are part of an alliance against Israel established by Iran, includes groups such as Hamas

Gaza war deepens Israel’s divides, sets friends, families against one another

Hostage families and peace activists want Prime Minister Benjamin Netanyahu's government to secure a ceasefire with Hamas and free the...
  • Hostage families and peace activists want Prime Minister Benjamin Netanyahu's government to secure a ceasefire with Hamas and free the remaining captives
  • Right-wing members of Netanyahu's cabinet, meanwhile, want to seize the moment to occupy and annex more Palestinian land, at the risk of sparking further international criticism