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

US troops destroy Houthi’s anti-ship missile in Yemen

US forces struck an anti-ship missile in Houthi-held Yemen that they said was ready to fire, hours after the Iran-backed...
  • The US has also carried out a series of unilateral air raids, but the Houthis have vowed to continue their attacks.
  • The Houthis' Al-Masirah television said the US and the UK launched two air strikes on the port of Ras Issa in Yemen's Hodeida province.

UK expresses concern over UN court decision on Gaza

The British government said it had "considerable concerns" about a ruling by the United Nation's top court that Israel should...
  • "Israel has the right to defend itself against Hamas in line with IHL (international humanitarian law)," the British spokesperson said.
  • The Foreign Office, however, added that it welcomed the ICJ's call for the immediate release of hostages and to get more aid into Gaza.

Baghdad, Washington to discuss removal of foreign troops from Iraq

Baghdad, Iraq - Iraq and the United States on Saturday held a "first round" of talks on the future of American...
  • Washington had said that it had agreed with Baghdad on the launch of "expert working groups of military and defense professionals".
  • The talks, planned for months, come at a time of heightened tensions in Iraq and the region linked to the war between Israel and Hamas.

Firing by gunmen in Iran leaves nine foreign nationals dead

Tehran, Iran - Gunmen in southeastern Iran near the Pakistan border killed nine foreign nationals on Saturday, Iranian media reported, more...
  • Mehr news agency said unknown armed men killed nine non-Iranians in a house in the Sirkan neighborhood of Saravan city in Sistan-Baluchistan province.
  • The Sistan-Baluchistan province has seen persistent unrest involving cross-border drug-smuggling gangs and rebels from the Baluchi ethnic minority.

Biden talks to Qatar’s emir on efforts to free Hamas hostages

The exchange came as the head of the CIA is to meet in Europe with his counterparts from Israel and...
  • Qatar, Egypt and the United States are attempting to negotiate a new truce, and Biden's Middle East envoy Brett McGurk is already in the region for talks.
  • The news outlet Axios has reported that Israel offered Hamas a two-month pause in fighting in Gaza in exchange for the release of all hostages.

Israel says will seek to stop UN agency’s activities in Gaza after war

UNRWA said Friday it had sacked several employees accused by Israel of involvement in Hamas's unprecedented October 7 attack, prompting...
  • Israel was aiming to ensure "UNRWA will not be a part of the day after", Foreign Minister Israel Katz said adding that he would try to gather support from the donors to the agency
  • Hamas on Saturday slammed Israeli "threats" against UNRWA, urging the UN and other international organizations not to "cave in to the threats and blackmail."

Australia, Canada stop UN agency funding after Israeli allegations

Australia and Canada have suspended their funding to the UN agency for Palestinian refugees, after Israel accused several employees of...
  • "We are speaking with partners and will temporarily pause disbursement of recent funding," Australian Foreign Minister wrote on social media platform X.
  • Canada's International Development Minister announced that Ottawa had “temporarily paused any additional funding to UNRWA”.

End to war: World reacts to Gaza-Israel ruling

The reactions to the top UN court's ruling Friday in the Israel-Gaza case were split along the lines of the...
  • "Today marks a decisive victory for international rule of law and a significant milestone in the search for justice for Palestinian people," said South Africa
  • Qatar's foreign ministry "welcomed the provisional measures" ordered by the ICJ, calling them a "victory for humanity... and international justice"

Yemen’s Houthis claim attack on British oil tanker

US and British forces have launched two rounds of joint strikes aimed at reducing the Houthis' ability to target vessels...
  • It came the same day the US military said one of its warships shot down a missile fired at it by the group, which says it is acting in support of Gaza amid the Israel-Hamas war
  • In the incident involving the US Navy vessel, the Houthis fired an anti-ship ballistic missile from Yemen towards the destroyer USS Carney in the Gulf of Aden, said CENTCOM

Washington approves sale of F-16 warplanes to Turkey

US Secretary of State Antony Blinken led an intense diplomatic effort to broker the deal, telling the Turkish president three...
  • As required by US law, the State Department notified Congress of the agreement, as well as a separate $8.6 billion sale of 40 F-35s to Greece
  • Turkey will get 40 new F-16s and upgrades to 79 of the jets in its existing fleet, the State Department said in a news release

UK withdraws Tehran embassy staff as Trump weighs Iran strikes; JD Vance says “no chance” of long war

Reports suggest some of Trump’s advisers would prefer Israel to initiate any strike, calculating that American public opinion would be...

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Netanyahu seeks Red Cross help after hostage videos, Hamas says no special food privileges for captives

In response, Hamas's armed wing said it would allow the agency access to the hostages but only if "humanitarian corridors"...

Iran sets up new defence council after war with Israel, to be chaired by president

The new body - which will be chaired by the president and include top military commanders among other senior officials...

Israel says ground troops conducted raids in Syria in the latest border raid since Assad fall

Israel's military said Sunday ground troops had operated in southern Syria, seizing weapons and questioning individuals suspected of arms trafficking,...

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Palestinians across major West Bank cities protest Gaza war

One of the largest marches took place in Ramallah, the seat of the Palestinian Authority located just north of Jerusalem,...
  • Many protesters carried photos of Palestinians killed or imprisoned by Israel, as well as photos depicting the hunger crisis unfolding in the Gaza Strip.
  • Protests were held Sunday in other major Palestinian cities such as Nablus in the north and Hebron in the south, with many government employees receiving a day off.

Filmmakers try to cash in on India-Pakistan battle

Mumbai, India -- Indian filmmakers are locking up the rights to movie titles that can profit from the patriotism fanned...
  • The nuclear-armed rivals exchanged artillery, drone and air strikes in May, after India blamed Pakistan for an armed attack on tourists in Indian-administered Kashmir.
  • The fighting came to an end when US President Donald Trump announced a surprise ceasefire.

Dormant Russia volcano erupts for first time in 450 years

Moscow, Russia -- A volcano erupted for the first time in 450 years in Russia's eastern Kamchatka region, the nation's...
  • Pictures released by Russian state media show a towering plume of ash spewing from the Krasheninnikov volcano, which last erupted in 1550.
  • The plume is estimated to have reached an altitude of 6,000 metres (19,700 feet), Kamchatka's Ministry of Emergency Situations said in a post on Telegram.