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

North Korea to launch three more spy satellites next year

"The task of launching three additional reconnaissance satellites in 2024 was declared" as one of the key policy decisions for...
  • Pyongyang successfully put a military spy satellite into orbit last month and has since claimed it was providing images of major US and South Korean military sites
  • Inter-Korean relations are in poor state as Seoul and Washington ramped up defense cooperation this year after record-breaking series of weapons tests by Pyongyang

Erdogan plays down row over Saudi-hosted Super cup

Friday night's Turkish Super Cup between Galatasaray and Fenerbahce had been due to be played in Riyadh, Saudi Arabia. But...
  • Turkish President Erdogan said turning sports into a political issue "is wrong"
  • Both teams wanted to warm up in shirts featuring the image of Mustafa Kemal Ataturk

Russia vows revenge as 21 die in Ukrainian attack

The Belgorod attack came a day after Ukraine said a barrage of Russian missile strikes on several cities killed at...
  • The authorities in Russia said the death toll included at least three children
  • The attack came a day after Ukraine said Russian missile strikes killed at least 40 people

US shoots downs anti-ship missiles fired from Yemen

The US Central Command said the missiles were fired from the area controlled by the Iran-backed Houthi rebels, describing it...
  • The Houthi attacks are endangering a transit route that carries up to 12% of global trade
  • US forces in Iraq and Syria have also repeatedly come under fire from drone and rocket attacks

GCC makes pivotal strides in development, diplomacy

In 2023, Saudi Arabia, UAE, Qatar, Bahrain, Oman and Kuwait collectively advanced in technology and sustainable development, achieving global integration.
  • In 2023, the region including Saudi Arabia, UAE, Qatar, Bahrain, Oman and Kuwait, collectively advanced in technology and sustainable development, achieving global integration.
  • From Saudi Arabia's ambitious Al-Diriyah project to the UAE's leadership role in hosting COP28, each nation contributed uniquely to the region's dynamic presence on world stage.

Hamas denounces US munitions ’emergency’ sale to Israel

Gaza City, Palestinian Territories - The Strip's Hamas rulers on Saturday condemned the US approval of a $147.5 million sale of...
  • The United States announced the sale of the 155mm artillery munitions on Friday under an emergency provision.
  • Hamas said the sale was "clear evidence of the American administration's full sponsorship of this criminal war".

Gaza ministry says 21,672 killed in war with Israel

The Hamas-run health ministry here said that at least 21,672 people have been killed in the territory since the war...
  • Israeli forces have rounded up thousands of Gazans during their ground offensive, with 99 healthcare workers still among the detainees according to the ministry.
  • The fighting has put 23 hospitals and 53 health centers out of service, while 104 ambulances have been destroyed, the ministry said.

19 pro-Iran fighters killed in Syria strikes, says monitor

Air strikes in eastern Syria "likely" launched by Israel killed at least 19 pro-Iran fighters, a war monitor said. The...
  • A US military official, requesting anonymity, said the "US did not conduct any defensive strikes overnight".
  • The war monitor said the strikes targeted military positions in Albu Kamal and its surroundings in Deir Ezzor province.

Egypt leads Arab world in population with 113m citizens

DUBAI, UAE – Egypt stands as the most populous Arab country with 113 million people, marking it the 14th largest...
  • Iran and Turkey, with populations of 89 million and 86 million respectively, demonstrate substantial numbers in the Middle East region.
  • The data, highlighting population sizes of various countries worldwide, pointed out that the global population has reached 8.082 billion.

Morocco law reform offers hope for women’s rights

Rabat, Morocco - Two decades after a landmark but limited revision of Morocco's family law marked a breakthrough for women, activists...
  • The reform of the legal code was ordered by King Mohammed VI, who is expected to have the final say in any disputes over the new law.
  • A committee tasked with drafting the changes was formed in September and includes the justice minister as well as judicial and religious figures.

US pitches glitzy New Gaza rebuild at Davos, drawing outrage amid ongoing humanitarian crisis

Trump's son-in-law Jared Kushner said the so-called National Committee for the Administration of Gaza (NCAG) had enlisted help from Israeli...

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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...

‘Strong argument’ for video in cockpit: IATA chief

Singapore, Singapore -- There is a "strong argument" for putting video cameras in airline cockpits to assist in accident investigations,...

Summit on Palestinian statehood planned for Sept in Paris or New York

The conference, co-chaired by France and Saudi Arabia, was originally planned for mid-June to revive work on the long-standing diplomatic...

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Divided EU leaves action against Israel on Gaza ‘on table,’ if humanitarian situation does not improve

The measures range from suspending the entire accord or curbing trade ties to sanctioning Israeli ministers, imposing an arms embargo...
  • EU foreign policy chief Kallas has put forward 10 potential options after Israel was found to have breached a cooperation deal between the two sides on human rights grounds
  • The measures range from suspending the entire accord or curbing trade ties to sanctioning Israeli ministers, imposing an arms embargo and halting visa-free travel

Drone attack shuts Iraq oil field run by US company

Arbil, Iraq -- A drone strike forced a US company to suspend operations at an oil field in Iraq's autonomous...
  • The attack followed a similar drone strike a day earlier on an airport in neighboring Arbil province, which hosts US troops.
  • Long plagued by conflict, Iraq has frequently experienced such attacks, often linked to regional proxy struggles pitting Iran against the United States and its ally Israel.

Lavrov meets Xi in Beijing: Russian foreign ministry

Foreign Minister Sergei Lavrov met with China's leader Xi Jinping in Beijing on Tuesday, Moscow said, as the top Russian...
  • Russia's TASS news agency reported that Xi met Lavrov after the Chinese president held a "general meeting" with SCO foreign ministers
  • The Russian foreign minister arrived in China following a visit to North Korea, where he received assurances of support in its conflict with Ukraine