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

Fired over 60 rockets at Israeli military base, says Hizbollah

Beirut, Lebanon - Lebanon's Hizbollah fired on Saturday over 60 rockets at an Israeli military base, the group said, describing the...
  • The Israeli military said it had identified around 40 rocket launches from Lebanese territory on Saturday morning.
  • Air raid sirens went off in towns and cities across northern Israel, later also blaring in the Israeli-occupied Golan Heights.

Death toll from IS twin bombings rises to 91, says Iran

TEHRAN, IRAN - A bombing attack in southern Iran claimed by the Islamic State group has killed 91 people, state media...
  • The attack is the deadliest in Iran since 1978, when arson killed more than 370 people trapped in a cinema in Abadan.
  • The Iranian intelligence ministry said on Friday that "one of the suicide bombers" was "of Tajik nationality".

France and Jordan airdrop seven tonnes of aid to Gaza

The French leader posted a photograph of an airman standing on the cargo ramp of a military plane, with parachutes...
  • Jordan and France sent C-130 transport plane with mixed French-Jordanian crews, bringing a total of seven tonnes of "humanitarian and health" aid, the presidency said
  • At least 22,600 people have been killed in Gaza in Israel's response to the October 7 attack by Hamas, according to the territory's Hamas-run health ministry

Iraq PM says determined to end presence of US-led coalition

Sudani, whose government relies on support from Tehran-aligned parties, has repeatedly said in recent weeks he would like to see...
  • A US drone strike on Thursday killed a military commander and another member of Harakat al-Nujaba, a faction of Hashed al-Shaabi
  • Washington labelled the attack in Iraq's capital an act of self-defence, while Sudani's government decried it as an act of "blatant aggression"

Blinken to tackle Gaza, NATO expansion with Turkey’s Erdogan

Turkish President Recep Tayyip Erdogan has turned into one of the Muslim world's harshest critics of the scale of death...
  • US Secretary of State Antony Blinken arrived in Istanbul late Friday for the first leg of a trip that includes visits to Israel and West Bank, along with five Arab states
  • Blinken's fourth crisis tour since the start of the Israel-Hamas war three months ago comes with fears mounting that the conflict will engulf swathes of the Middle East

West Bank sees ‘unmatched surge’ in Israeli settlements since Gaza war

Peace Now said in the report published on Thursday there had been an increase in the activities of some settlers...
  • The Israeli group Peace Now said in a report that nine outposts had appeared in the occupied West Bank since the start of the Israel-Hamas conflict
  • About three million Palestinians live in West Bank, which is also populated by 490,000 Israelis living in settlements deemed illegal under international law

Houthis hold mass rally for Gaza in Yemen capital

Sanaa, Yemen - Thousands rallied in support of Gaza in the rebel-controlled Yemeni capital Sanaa on Friday, chanting anti-US and anti-Israeli slogans....
  • The Houthis have launched more than 20 attacks on merchant ships in the Red Sea in recent weeks, saying they are acting in solidarity with Palestinians in the face of Israel's war
  • Since the outbreak of the war on October 7, the Iran-backed rebels have organised weekly protests in Sanaa but Friday's demonstration was the "largest."

Response to Aruri killing inevitable, says Hizbollah chief

BEIRUT, LEBANON - The head of Lebanon's Iran-backed Hizbollah group warned Israel on Friday that it will respond swiftly "on the...
  • Saleh al-Aruri, who was killed in a missile strike widely attributed to Israel, is the most high-profile Hamas figure to be killed during the war.
  • Israel has not claimed responsibility for the strike but a US defense official said on Wednesday that Tel Aviv had carried it out.

Dubai Center for Family Businesses issues guidelines

DUBAI, UAE –  The Dubai Center for Family Businesses, which operates under the Dubai Chambers umbrella, has released a ‘Sample...
  • The ‘Sample Article of Association for Family Businesses’ outlines a set of options for companies to update their contracts.
  • The Article of Association takes into account the requirements of family businesses who are registered as limited liability companies (LLCs).

Gaza focus of German foreign minister’s upcoming Middle East tour

Annalena Baerbock will hold talks with Israel's new Foreign Minister Israel Katz, as well as President Isaac Herzog, foreign ministry...
  • Baerbock will subsequently travel to Egypt to meet with her counterpart Sameh Shoukry and also planned to visit Lebanon.
  • US Secretary of State Antony Blinken also left Thursday on a diplomatic tour of the Middle East, including Israel, his fourth since the war began.

Iran says defence capabilities ‘never’ up for negotiation as US seeks end to nuclear enrichment

Iran's top diplomat said Friday that his country's missile and defence capabilities would "never" be on the negotiating table, as US...

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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...

UNRWA says some Gaza staff starving as malnutrition soars

UNRWA said that shortages in the Palestinian territory had caused food prices to increase by 40 times, while the aid...

Malnutrition reaches new heights in Gaza, children most affected, require urgent treatment

As malnutrition surges in war-torn Gaza, tens of thousands of children and women require urgent treatment, according to the UN,...

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Thousands in Morocco call for end to Gaza war, normalization deal with Israel

Rabat, Morocco -- Tens of thousands of Moroccans demonstrated Sunday in the capital Rabat against the dire humanitarian situation in...
  • Protesters gathered in the city center, brandishing Palestinian flags and placards calling for the free flow of aid to the war-ravaged Palestinian territory.
  • "It's a disgrace, Gaza is under fire", "Lift the blockade", "Morocco, Palestine, one people" and "no to normalization", chanted the demonstrators.

European powers plan fresh nuclear talks with Iran

Berlin, Germany -- Britain, France and Germany are planning to hold fresh talks with Iran on its nuclear programme in...
  • Britain, France and Germany "are in contact with Iran to schedule further talks for the coming week".
  • Iran's Tasnim news agency also reported that Tehran had agreed to hold talks with the three European countries, citing an unnamed source.

Global gas flaring surges again, costs $63bn in lost energy: WB

Washington, UAE -- Global gas flaring surged for a second year in a row, wasting about $63 billion in lost...
  • Flaring, the practice of burning natural gas during oil extraction, reached 151 billion cubic meters (bcm) in 2024, up 3 bcm from the previous year.
  • While some countries have reduced flaring, the top nine largest-flaring countries continue to account for three-quarters of all flaring.