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-Iran talks set for Geneva amid military buildup

The renewed diplomacy comes as Washington has deployed two aircraft carriers, additional jets and ships, and reinforced air defenses across...

Up to 15,000 dead in Sudan’s Darfur town, UN experts say

The conflict has claimed more than 13,000 lives, according to a conservative estimate by the ACLED analysis group, on which...
  • Fighting has raged since last spring between army and rebel paramilitary RSF
  • The experts said paramilitaries and their allies "violated international humanitarian law"

Israel says 21 soldiers killed in deadliest day of ground war

"We worked to find the victims until the last hours," military spokesman Daniel Hagari said, indicating the difficulty in extracting...
  • Most of the soldiers were killed when rocket-propelled grenade fire hit a tank and a building they were trying to blow up
  • Israel's blistering offensive against Hamas in Gaza has killed 25,295 people,, according to the health ministry of the Hamas-run territory

Gaza activists urge voters to write ‘ceasefire’ on US primary ballots

A separate campaign is urging supporters to write Biden's name on the ballot in exactly the same manner that "Vote...
  • The group "Vote Ceasefire" says the effort allows Americans to give voice to their anger at the Democratic president over the mounting toll of civilian deaths in Gaza
  • "Vote Ceasefire" organizers have not indicated what kind of turnout would constitute a success for the campaign and it is unclear how much affect it will have

Israel proposes pause in Gaza fighting to secure hostage deal

The US news site Axios reported, citing unnamed Israeli officials, that the deal would take place in multiple stages, the...
  • The deal would also see the release of a number of Palestinian captives
  • The proposal does not include promises to end the war in the Gaza Strip

Israeli strikes kills 200 in Lebanon since Gaza war began

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, with a high school damaged in Taybeh near the Israeli border.
  • More than 83,000 Lebanese have been forced to flee their homes since hostilities began, according to the International Organization for Migration.

Israel pounds Gaza as Netanyahu rejects hostage release deal

Abdelrahman Iyad, wounded in Gaza and now being treated aboard the French helicopter carrier Dixmude, docked in Egypt, said he...
  • While fighting is concentrated in the south it has not ended in the north, where Hamas authorities reported shelling in the Gaza City area and witnesses heard explosions.
  • UN agencies have warned of famine and disease as Gazans, at least 1.7m of whom are displaced, struggle with shortages of water, medical care during bombardments.

‘New era for India’: Modi inaugurates temple built over razed mosque

"Breaking the shackles of slavery, the country should rise, taking lessons from the past," Modi said, speaking outside the temple...
  • "January 22, 2024 is not merely a date in the calendar but heralds the advent of a new era", PM Modi said.
  • The Temple has been built on grounds where a mosque stood for centuries before it was torn down in 1992 by Hindu zealots incited by members of his party.

WHO chief warns pandemic accord hangs in the balance

Shaken by the Covid-19 pandemic, the WHO's 194 member states decided more than two years ago to start negotiating an...
  • But WHO chief Tedros Adhanom Ghebreyesus said the momentum had been slowed down by entrenched positions and "a torrent of fake news, lies, and conspiracy theories".
  • Failure to strike an agreement would be "a missed opportunity for which future generations may not forgive us," he said.

Africa in debt spiral as restructuring efforts drag on

Paris, France -- While the explosion of debt is throwing a shadow over global economic growth, experts warn that sub-Saharan Africa,...
  • In 2022, African public debt stood at $1.8 trillion, a 183-percent jump from 2010, having grown at around four times as fast as economic output, according to UN figures.
  • Private investors -- including investment funds and pension funds -- have in recent years risen to become the top lender to African nations.

Potential dangers of AI seen as major business risks for 2024

Davos, Switzerland -- Thdfe potential dangers of AI, particularly its influence on upcoming elections and the escalation of military conflicts,...
  • Elections emerged as a focal point of discussion: 3 billion people across 40 countries, representing 60% of global GDP, are set to vote this year.
  • "Misinformation can destroy trust through an election and undermine society at large," said one CEO.

US-Iran talks set for Geneva amid military buildup

The renewed diplomacy comes as Washington has deployed two aircraft carriers, additional jets and ships, and reinforced air defenses across...

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World economies reel from Trump’s tariffs

The tariffs are a demonstration of raw economic power that Trump sees putting US exporters in a stronger position while...

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...

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...

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Trump’s envoy Witkoff holds talks in Israel on ceasefire as Gaza criticism mounts

Witkoff has been the top US representative in indirect negotiations between Israel and Hamas but the discussions broke down last...
  • Witkoff, who has been involved in months of stalled negotiations for a ceasefire and hostage release deal, met Prime Minister Benjamin Netanyahu shortly after his arrival
  • Gaza's civil defence agency reported at least 58 Palestinians killed late Wednesday when Israeli forces opened fire on a crowd attempting to block an aid convoy

Trump’s global trade policy faces test, hours from tariff deadline

The last-gasp scramble to strike bilateral accords came as an appeals court in Washington considered the legality behind Trump's strategy...
  • Trump doubled down on the wide-ranging levies, posting on Truth Social: "Tariffs are making America GREAT & RICH Again."
  • So far, Washington has announced pacts with Britain, Vietnam, Japan, Indonesia, the Philippines, South Korea and the European Union.

‘Gaza, ours forever’: Settlers push to reclaim land amid devastation and political shifts

Within sight of Gaza, the devastated Palestinian enclave ravaged by nearly 22 months of war, hundreds of Israeli settlers marched...
  • Israel's withdrawal from Gaza 20 years ago ended 38 years of military presence, and about 8,000 settlers were evacuated and 21 communities demolished
  • But a vocal fringe never gave up the dream of return -- and now, amid war with Hamas and with hardliners in government, some believe the time is ripe