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

Iranian warship enters Red Sea, reports media

TEHRAN, IRAN - Iran's Alborz warship has entered the Red Sea through the strategic Bab al-Mandeb strait, Tasnim news agency reported...
  • The news agency did not give specific reasons for its deployment, but noted that Iranian military vessels had operated in the area since 2009.
  • According to the International Chamber of Shipping, 12 percent of global trade passes through the Red Sea

Israel’s Gaza assault to continue throughout 2024, says army

The Israeli military spokesman said the army was currently "planning the management of the forces operating in the field" in...
  • A military spokesman said Israeli army "must plan ahead, understanding that we will be required for additional tasks and warfare throughout this year"
  • He added the army was currently "planning the management of the forces operating in the field" in the months ahead

Massive rally in Istanbul against ‘murderer’ Israel’s war in Gaza

The rally, called by a foundation which counts Bilal Erdogan, the son of President Recep Tayyip Erdogan, among its members...
  • Protesters waving Turkish and Palestinian flags rallied to the Galata Bridge on the Bosphorus chanting: "Murderer Israel, get out of Palestine" and "Allahu Akbar".
  • Turkey's President Recep Erdogan has accused Israel of "state terrorism" and said Israeli Prime Minister Benjamin Netanyahu was "no different" from Adolf Hitler.

Japan quake triggers tsunami waves, residents told to run

A major 7.5 magnitude earthquake struck the Noto region in Ishikawa prefecture, the US Geological Survey (USGS) said. Japan's weather...
  • Sakhalin island and Vladivostok in Russia's far east were on "alert" due to a possible tsunami risk after the quakes in Japan, officials said.
  • The JMA said the Noto region experienced a rapid succession of quakes, with another 6.2 tremor hitting soon after the initial swarm, the USGS said.

Nobel winner Yunus convicted in Bangladesh labor law case

Yunus, 83, is credited with lifting millions out of poverty with his pioneering microfinance bank but has earned the enmity...
  • Hasina has made several scathing verbal attacks against the internationally respected 2006 Nobel Peace Prize winner, who was once seen as a political rival.
  • Yunus and three colleagues from Grameen Telecom, one of the firms he founded, were accused of violating labor laws when they failed to create a workers' welfare fund in the company

Taiwan’s president urges China to seek ‘peaceful coexistence’

Taiwan is less than two weeks from an election, closely watched from Beijing to Washington as it determines the future...
  • China has halted high-level communications with DPP government since her 2016 election
  • In her last New Year speech Tsai expressed hopes to restart communications with Beijing

Palestinian fighters target Tel Aviv in barrage of rockets fired from Gaza

Dubai, UAE--Several rockets fired from the Gaza Strip targeted Tel Aviv and southern Israel as the country rang in the...
  • Dozens of people in the streets of Tel Aviv took cover as as the wail of air-raid sirens exemplified the fragility of peace in the region
  • The Ezzedine al-Qassam Brigades, Hamas's military wing, claimed responsibility for both attacks in a video posted on social media

Kim directs army to ‘annihilate’ S. Korea, US if they attack

North Korean leader Kim Jong Un at a meeting with the country's major commanding officers in Pyongyang on New Year's...
  • US, South Korea have ramped up defense ties after weapons tests by Pyongyang
  • Pyongyang declared itself an "irreversible" nuclear power in 2022

Israeli minister calls for return of settlers to Gaza

Israel unilaterally withdrew the last of its troops and settlers in 2005, ending a presence inside Gaza that began in...
  • The minister said that in order to have security "we must control the territory"
  • He said Israel should "encourage" Palestinians in Gaza to relocate to other countries

New Year celebrations in GCC tempered by Gaza war

In Dubai and Abu Dhabi, lights and fireworks illuminated the skies as international tourists soaked up the celebratory scenes. The...
  • Sheikh Zayed Festival put on display the region's largest firework lasting 40 minutes
  • Across Dubai, the hotels reported occupancy rates soaring above 90 percent

Netanyahu, US envoys discuss opening Rafah crossing: Israeli media

US envoys Steve Witkoff and Jared Kushner urged Israeli Prime Minister Benjamin Netanyahu to reopen the Rafah crossing between Gaza and...

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Trump threatens to sue WSJ over story on alleged 2003 letter to Epstein

Washington, United States - US President Donald Trump threatened to sue The Wall Street Journal Thursday over a story about...

Europeans tell Iran will reimpose sanctions if no progress on nuclear deal: France

Top European diplomats told their Iranian counterpart on Thursday they were determined to reactivate UN sanctions if Tehran does not...

Erdogan accuses Israel of using Druze as pretext to expand into Syria 

Turkish President Recep Tayyip Erdogan on Thursday accused Israel of using the Druze minority in Syria as a pretext for...

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Israeli tank shell strikes Gaza’s only Catholic church, killing three

Pope Leo XIV said he was "deeply saddened" by the loss of life, which a witness said was the result...
  • The site was sheltering around 600 displaced people, the majority of them children and 54 with special needs.
  • "The people in the Holy Family Compound are people who found in the Church a sanctuary," the Patriarchate said.

Explosive-laden drones hit three oil fields in Iraq’s Kurdistan region

Kurdistan has seen a spate of unclaimed drone attacks, which have come as the regional government and the federal authorities...
  • Production at two fields operated by the Norwegian group DNO ASA was temporarily suspended, the company said
  • Long plagued by conflict, Iraq frequently experiences such attacks, often linked to regional proxy struggles between Iran and the US

Syria says agreement reached to halt military operations in Sweida

Syria said a new ceasefire reached on Wednesday in the Druze-majority city of Sweida will bring a complete halt to...
  • A previous truce announced on Tuesday appeared to have little effect on the ground in the southern region, where days of violence have left more than 300 dead
  • heikh Youssef Jarboua, a Druze spiritual leader, read out the 10 points of the accord, which also includes "the full integration of the province" of Sweida into the Syrian state