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

New PM announced by Kuwaiti ruler to end political stalemate

Sheikh Meshal al-Ahmed Al-Sabah, who was sworn in as emir last month, named Sheikh Mohammed Sabah al-Salem Al-Sabah, a popular...
  • Sheikh Meshal al-Ahmed Al-Sabah, who was sworn in as emir last month, named Sheikh Mohammed Sabah al-Salem Al-Sabah as the new premier.
  • The Harvard-educated Sheikh Mohammed, also son of a former emir, was Kuwait's ambassador to the United States for 10 years.

Lebanese media says four Hizbollah fighters killed in Israeli strike

Beirut, Lebanon - Four Hizbollah fighters were killed overnight in southern Lebanon, the Iran-backed movement announced on Thursday, in what Lebanese...
  • A source close to Hizbollah said that the four were killed in Naqura near the Israeli border.
  • Hizbollah leader Hassan Nasrallah warned Israel in a speech against starting a war in Lebanon.

UAE participates in UN Peacekeeping Ministerial Meeting in Ghana

ACCRA, GHANA - A United Arab Emirates delegation led by Dr. Rashed Ali Al Kaabi, Assistant Minister of Foreign Affairs...
  • The ministerial meeting was the first in Africa with previous sessions taking place in the US, the UK, Canada and the Republic of Korea.
  • The UAE delegation head held several meetings with the heads of attending delegations, including France, the UK, Bangladesh and others.

Private sector funding key to climate transition: World Bank

The World Bank raised its target for climate-related projects from 35% of its annual financing to 45%. Given that the...
  • On Wednesday, Banga repeated a previous pledge to "fix the plumbing" of World Bank
  • World Bank estimated that developing countries will need an average of $2.4trn each year

Gaza zoo bears scars of war as animals die of starvation

Rafah, Palestinian Territories--Hunger is everywhere at Rafah zoo, in Gaza's far south, as internally displaced Palestinians seek shelter from the war...
  • The WHO has warned of the risk of famine and disease as only a minimal amount of aid enters the Gaza Strip
  • The zoo keeper said one lioness gave birth and the cubs died soon afterwards as there was no proper food for them

US imam shot outside New Jersey mosque dies

The Essex County prosecutor, Ted Stephens, confirmed Hassan Sharif was shot more than once, and that "it does not appear...
  • Hassan Sharif was shot multiple times near a mosque in Newark, just west of New York, before being taken to hospital where he later died, New Jersey Attorney General said
  • United States Transportation Security Administration (TSA) earlier confirmed that Sharif had worked as a security screener at Newark airport since 2016

Iran blames Israel, US for deadly blasts near grave of Guards general Soleimani

The two explosions -- labelled a "terrorist attack" by state media and regional authorities -- came amid high Middle East...
  • Iran's supreme leader Ayatollah Ali Khamenei blamed "evil and criminal enemies" of the country for the attack and vowed a "harsh response"
  • Iran ally Hamas denounced the "criminal attack" while the Saudi foreign ministry in Riyadh voiced "solidarity with Iran in this painful event"

Situation in Red Sea is direct projection of developments in Gaza: Russian diplomat

"I think that hardly anyone of our counterparts will deny the fact that developments in the Red Sea are the...
  • Russia has concerns regarding "the state of affairs in the Red Sea area, Nebenzya said adding trade routes passing through it are a critical artery for international commerce
  • Twelve nations led by the United States on Wednesday jointly warned Yemen's Houthi rebels of unspecified consequences unless they immediately halt sea attacks

Revealed: Epstein’s 150 high-profile connections

The unsealing of around 1,000 pages of documents stems from a defamation lawsuit between Ghislaine Maxwell and Virginia Giuffre, offering...
  • Notably included in the unsealed documents, which include almost 1,000 pages of depositions and statements, were former US presidents Bill Clinton and Donald Trump
  • The list of around 150 people include a host of Epstein associates previously identified as John or Jane Does in a lawsuit brought against Epstein's former mistress, Ghislaine Maxw

US top diplomat to leave on new Middle East crisis trip

Antony Blinken will leave Washington on Thursday evening on a trip that will include Israel, marking his fourth trip to...
  • An Israeli strike killed a top Hamas leader in Lebanon, raising fears of a wider war
  • The Biden administration has backed Israel both with public and diplomatic support

Trump says ‘time running out’ as Iran threatens response to any attack “like never before”

In his latest post on Truth Social, Trump did not mention the protests but said Iran needed to negotiate a...

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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...

Syrian govt says fighting in Sweida halted after tribal forces pull out

Druze fighters had pushed out rival armed factions from the city on Saturday, a monitor said, after the government ordered...

Thai wildlife hospital treats Sunbears, elephants

Edwin Wiek founded Wildlife Friends Foundation Thailand (WFFT) facility in 2001 with two macaques and a gibbon. It now spans...

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Ceasefire order fails to halt fighting in Syria’s Druze heartland

Sweida, Syria - Syrian Bedouin and their allies fought Druze fighters in the community's Sweida heartland for a seventh day...
  • AFP correspondents reported clashes in the west of the provincial capital as Druze fighters battled armed Bedouin supported by tribal gunmen from other parts of Syria
  • The interior ministry announced that internal security forces had begun deploying in Sweida province and AFP correspondents saw them manning checkpoints

Israeli fire kills 39 and wounds more than 100 Gazans near two aid centers

UN has said it had recorded 875 people killed in Gaza while trying to get food, including 674 in the...
  • The World Food Programme said nearly one in three people in Gaza were not eating for days at a stretch and "thousands" were "on the verge of catastrophic hunger".
  • Civil defense agency spokesman Mahmud Bassal said the deaths happened near a site southwest of Khan Yunis and another center northwest of Rafah

New clashes rock Syria’s Druze heartland as tribal fighters reinforce Bedouin

Armed tribes supported by Syria's Islamist-led government clashed with Druze fighters in the community's Sweida heartland on Friday, a day...
  • The United Nations called for an end to the "bloodshed" and demanded an "independent" investigation of the violence, which has claimed nearly 600 lives since Sunday
  • It was Sharaa who ordered government forces to pull out, saying that mediation by the United States and others had helped avert a "large-scale escalation" with Israel