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

Iran’s Raisi flies to Turkey for delayed Gaza talks

Planned talks in Ankara in early January were called off when twin blasts claimed by IS group jihadists killed 89...
  • Raisi's visit to Turkish President Recep Tayyip Erdogan comes with the war in Gaza starting to enflame tensions and escalate fighting across the Middle East
  • The Turkish presidency said the two leaders would appear at a press conference after holdings talks and chairing a meeting of their top ministers during the one-day visit

US strikes two Houthi missiles in Yemen: military

US and Britain have carried out two rounds of joint strikes aimed at reducing the Houthis' ability to target shipping,...
  • CENTCOM said the missiles were aimed into the Southern Red Sea and ready to be fired
  • Houthis began striking Red Sea shipping in November in solidarity with Palestinians in Gaza

Trump closes in on Biden rematch after New Hampshire win

Despite now adding New Hampshire to his previous easy victory in Iowa, Trump kept to his hard-right messaging, with no...
  • With votes around 60 percent counted, Trump's winning margin hovered at around 11 percentage points, but his sole remaining challenger Nikki Haley vowed to fight on
  • In a rambling victory speech Trump, 77, attacked Haley and said that when the primary contest reaches her home state of South Carolina, "we're going to win easily."

UN chief terms Israeli rejection of two-state solution ‘unacceptable’

In a speech to the Security Council, UN Secretary General Antonio Guterres demanded that "Israel's occupation must end." Guterres warned...
  • Guterres warned that it would exacerbate polarization and embolden extremists everywhere
  • He called for the recognition of the "right of the Palestinian people" to build their own state

Houthis order all US, British UN staff to leave Yemen within a month

The expulsion followed joint strikes by the United States and Britain against the Houthis aimed at ending the group's attacks...
  • Last week, Washington redesignated the Houthis a "global terrorist group", having lifted it in 2021 to ease aid delivery to the impoverished country.
  • The Houthis have fought a nearly decade-long civil war against government forces, who are backed by Saudi Arabia.

Iranian President Raisi to discuss Gaza war during Turkey visit

Raisi will meet Turkish counterpart Recep Tayyip Erdogan in the capital Ankara, making a visit that was postponed twice --...
  • Raisi will meet Turkish counterpart Recep Tayyip Erdogan in Ankara, making a visit that was postponed twice -- once in November and once earlier this month
  • The visit comes amid growing fears about the regional repercussion of the war in Gaza, which Israel launched in reprisal for October 7 attacks

NATO to buy ammunitions worth $1.2 billion amid Ukraine war

The latest deals -- signed with French firm Nexter and Germany's Junghans Microtec -- are estimated by officials to cover...
  • The ammunition stocks of NATO have drained after sending large-scale shipments to Ukraine as it battles Russia
  • "It is important that our allies refill their own stocks as we continue to support Ukraine," NATO chief Jens Stoltenberg said

Gaza facing catastrophic situation, famine looming: WFP

A study conducted between November 24 and December 7 found that all 2.2 million people living in the Palestinian territory...
  • Etefa said that around 70 percent of requests to deliver food to northern Gaza were rejected by the Israeli authorities.
  • The last deliveries to the north were around January 11 and 13, carrying 200 tons of food for 15,000 people.

US, Britain launch new joint strikes on Yemen’s Houthis

American and British forces carried out a first wave of strikes against the rebel group earlier this month, and the...
  • The latest US-UK strikes were against "eight Houthi targets in Yemen in response to the Houthis' continued attacks against international and commercial shipping in the Red Sea
  • There were no concerns about civilian casualties at the sites that were hit, while Houthi losses are unknown at this time, the official told journalists

Israel firing in Lebanon kills over 200 since start of Gaza war

Since the outbreak of war between Hamas and Israel on October 7, the Lebanese-Israeli border has witnessed a near-daily exchange...
  • Monday saw air strikes and artillery shelling targeting Lebanese border villages
  • More than 83,000 Lebanese have been forced to flee their homes since hostilities began

Middle East tensions rise as Iran eyes Chinese anti-ship missiles amid Trump warning

Negotiations between Tehran and Beijing began at least two years ago but gained momentum after a 12-day conflict between Israel...

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Trump orders deployment of nuclear submarines in response to ‘provocative’ Russian comments

The United States and Russia control the vast majority of the world's nuclear weaponry, and Washington keeps nuclear-armed submarines on...

Israeli writer Grossman denounces Gaza ‘genocide’

Rome, Italy -- Award-winning Israeli author David Grossman called his country's campaign in Gaza "genocide" and said he was using...

US promises Gaza food plan after envoy visit

The visit by Steve Witkoff came as a report from global advocacy group Human Rights Watch accused Israeli forces of...

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Sweden jihadist jailed for life over Jordan pilot burned alive

Stockholm, Sweden - A Stockholm court on Thursday handed down a life term to Swedish jihadist Osama Krayem over the...
  • Judge Anna Liljenberg Gullesjo said "the investigation has shown that the defendant was at the execution site, uniformed and armed, and allowed himself to be filmed."
  • Krayem, who is serving long prison sentences for his role in the Paris and Brussels attacks in 2015 and 2016, was given a life sentence for "serious war crimes and terrorist crimes

Trump’s ‘displeasure’ at prospect of allies recognizing Palestinian state

President Donald Trump has expressed displeasure with leaders of France, the United Kingdom and Canada for saying they plan to...
  • Recent announcements by some of Washington's closest allies have only hardened the US president's stance against the move
  • He dismissed Macron's decision, which got the ball rolling last week for other countries to consider similar steps, saying the statement did not matter.

Israel says struck Hezbollah missile factory in Lebanon

Israel said it carried out strikes on Thursday on sites used by Hezbollah to manufacture and store missiles in Lebanon,...
  • Defence Minister Israel Katz said targets included "Hezbollah's --- missile manufacturing site", and military said it had hit "infrastructure that was used for producing weapons
  • Both Katz and the Israeli military accused Hezbollah of attempting to rebuild its military infrastructure and demanded that the Lebanese army move to disarm the militant group