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

Private US lunar lander mission imperiled by technical snag

Washington, United States -- An historic private mission to land on the Moon was facing potential failure Monday due to...
  • Astrobotic's Peregrine Lunar Lander blasted off overnight from Florida's Cape Canaveral, then successfully separated from its launch vehicle around an hour later.
  • But teams at ground control found they were unable to point the unmanned spacecraft correctly at the sun.

Saudi Arabia, Belarus ink MoU to boost trade, investment

RIYADH, SAUDI ARABIA - The Federation of Saudi Chambers and the National Center for Marketing and Price Study at the...
  • Under the pact, the two parties will exchange information related to trade, business environment, investment, production and export opportunities.
  • The two parties will organize joint research activities pertaining to marketing to enhance trade prospects and explore ways of improved cooperation.

Hizbollah commander killed as Blinken seeks Gaza de-escalation

On his fourth regional trip since the war began, US Secretary of State Antony Blinken arrived in Saudi Arabia after...
  • His meeting with Saudi Crown Prince was set to touch on the potential of normalization of ties between Saudi Arabia and Israel after Gaza crisis stalled the prospects
  • Palestinian president Mahmud Abbas was in Cairo to meet President Abdel Fattah al-Sisi of Egypt, a mediator in the conflict

Two Gaza journalists killed in Israeli strike: Al Jazeera

Witnesses told AFP that two rockets were fired at the car -- one hit the front of the vehicle and...
  • Hamza Wael Dahdouh and Mustafa Thuria were killed while they were "on their way to carry out their duty"
  • The Committee to Protect Journalists says at least 79 journalists have been killed in Gaza

Bangladesh’s Hasina wins fifth term in power

The prime minister has presided over breakneck economic growth, but her government has been accused of a ruthless opposition crackdown....
  • "The Awami League has won the election," said Moniruzzaman Talukder, of the Election Commission
  • BNP head Tarique Rahman called the result "a disgrace to the democratic aspirations of Bangladesh"

UK-Palestinian surgeon fights for ‘justice’ after Gaza return

Ghassan Abu Sitta -- born in Kuwait and who has lived in Britain since the late 1980s -- arrived in...
  • Ghassan Abu Sitta, a plastic surgeon specializing in conflict injuries, spent 43 days volunteering in the besieged Palestinian territory, mostly at the al-Ahli and Shifa hospitals
  • The 54-year-old has already testified to the Met about the injuries he saw and the kinds of weapons used, as part of evidence being gathered for an IIC probe

Germany ready to sell Eurofighter jets to Saudi Arabia: minister

"We do not see ourselves, as the German federal government, opposing British considerations on other Eurofighter (sales)," Baerbock told journalists...
  • Annalena Baerbock noted that Saudi Arabia and Israel had "not renounced their policy of normalisation" since war broke out
  • "The fact that Saudi Arabia is now intercepting missiles fired by the Houthis at Israel underlines this, and we are grateful for that," she added

Blinken warns Israel-Hamas war could ‘metastasize’

Blinken will meet with Crown Prince Mohammed bin Salman in the Saudi desert city of Al-Ula, said a US official...
  • Israel has carried out a relentless bombardment and ground invasion that have killed at least 22,835 people in Gaza, most of them women and children
  • Amid the deepening humanitarian crisis and mass displacement in Gaza, Blinken said civilians "must be able to return home as soon as conditions allow".

Libya declares ‘force majeure’ at major oilfield amid protests

Tripoli, Libya -- Libya's state-owned energy firm said on Sunday it had declared a state of "force majeure" at Al-Sharara oilfield...
  • Declaring "force majeure" allows parties to free themselves from contractual obligations when factors such as fighting or natural disasters make meeting them impossible.
  • The NOC did not elaborate on the protesters' demands but said "negotiations are ongoing to resume production as soon as possible".

Turkish Airlines grounds Boeing 737 MAX 9 jets amid inspection orders

Turkish Airlines said that it would stop flying five Boeing 737 MAX 9 jets in its fleet even as the...
  • The Alaska Airlines scare prompted the US Federal Aviation Administration to order immediate inspections of around 171 of the jets operated worldwide.
  • Boeing has so far delivered about 218 of the 737 MAX planes worldwide, the company said.

Iran’s Khamenei likens protests to ‘coup’, warns of regional war

Iran's supreme leader on Sunday likened recent anti-government protests to a "coup", warning that any US attack on the Islamic...

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Humans beat AI gold-level score at top maths contest

Sydney, Australia -- Humans beat generative AI models made by Google and OpenAI at a top international mathematics competition, despite...

Gaza hospital says 21 children dead from malnutrition and starvation

Gaza's population of more than two million people is facing severe shortages of food and other essentials, with residents frequently...

WHO says Gaza facilities attacked as Israel expands operations, calls for ceasefire

WHO chief Tedros Adhanom Ghebreyesus said the Israeli military had entered the UN agency's staff residence, forced women and children...

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Iran says will not halt nuclear enrichment ahead of European talks

Iran is scheduled to meet Britain, France and Germany in Istanbul on Friday, to discuss its nuclear programme, with Tehran...
  • Iran is due to meet Britain, France and Germany in Istanbul on Friday, to discuss its nuclear programme, with Tehran accusing European powers of scuppering the 2015 nuclear deal
  • The meeting will be the first since Iran's 12-day war with Israel last month, during which the United States carried out strikes against Tehran's nuclear facilities

Russia publishes rare footage of largest drone factory

Moscow, Russia -- Russia has showcased what it calls the biggest drone factory in the world, broadcasting rare footage from...
  • The plant is near the town of Yelabuga in the central Russian region of Tatarstan, located in what was initially planned to be a special economic zone to boost science and business
  • More than 1,000 kilometers (620 miles) from the Ukrainian border, it has now become a target for Kyiv's own long-range attacks.

Western nations call for immediate end to Gaza war as Israel expands offensive

"The suffering of civilians in Gaza has reached new depths," the signatories, including Britain, France, Australia, Canada and 21 other...