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

ACC holds workshop in Jordan on dangers of human trafficking

AMMAN, JORDAN - Amman Chamber of Commerce (ACC), in cooperation with Ministry of Justice and Jordan Judicial Council (JJC), organized...
  • The workshop aims to introduce human trafficking crime in Jordanian law and global pacts and the measures taken at the national level to help victims.
  • The workshop reflects the "important" role played by national institutions in combating human trafficking and raise awareness of its dangers.

Dubai to host ‘Arab Strategy Forum’ next week

Dubai, UAE--The Arab Strategy Forum will commence in Dubai on January 3rd, 2024 to debate the intricate political and economic...
  • The platform will bring together prominent global leaders, strategic experts, and leading figures in the realms of politics and economics
  • Participants will examine the intricate political and economic landscape of the region, and analyze current positions of Arab nations

Gazans ‘exhausted’ as Israel-Hamas war rages on

UN chief Antonio Guterres on Friday reiterated his call for "an immediate humanitarian ceasefire", while the World Health Organization (WHO)...
  • Smoke billowed over the Gaza Strip's southern city of Khan Yunis, the focus of recent fighting in the grinding war, which was triggered on October 7 by Hamas attacks on Israel
  • Further south, the border city of Rafah near Egypt was teeming with Gazans seeking safety from Israel's relentless bombardment in its fight against Palestinian fighters

Russian strikes kill at least 30 across Ukraine

A massive air attack targeted schools, a maternity hospital, shopping arcades, blocks of flats, and many other sites, according to...
  • The Ukrainian army said that Russia launched 158 missiles and drones on Ukraine
  • The United Nations condemned the attacks and said they must stop "immediately"

Iran asserts peaceful nuclear agenda amid western concerns

Tehran, Iran - Iran's nuclear program remains peaceful, said Nasser Kanani, the spokesman for the Iranian Ministry of Foreign Affairs,...
  • Iranian foreign ministry spokesman Nasser Kanani reaffirmed the country's commitment to continuing cooperation with the IAEA
  • Kanani said that Iran views negotiation and diplomacy as the best methods for resolving any unfounded concerns about its nuclear program

Turkish SuperCup in Saudi postponed over ‘political slogans’

According to the Saudi sports television channel SSC, "the match has been cancelled. The match will not take place." Scheduled...
  • The teams wanted to warm up wearing shirts bearing the image of Mustafa Kemal Ataturk
  • After the refusal, the rival teams and Turkish football federation decided to postpone the match

US approves ’emergency’ sale of munitions to Israel

Washington, United States - The United States on Friday announced the approval of a $147.5 million sale of 155mm high-explosive artillery...
  • The same provision was used earlier this month to approve the sale of nearly 14,000 rounds of 120mm tank ammunition to Israel
  • Israel requested that 155mm fuses, primers and charges be added to previous foreign military sale cases, increasing their estimated total cost from $96.51m to $147.5m

UAE extradites the accused Gergely Franc to Belgium

Abu Dhabi, UAE - The UAE on Friday extradited Gergely Franc, an Albanian national, charged with premeditated murder, to Belgium....
  • The accused was transferred according to the extradition agreement, signed by the United Arab Emirates and Belgium
  • Such procedures confirm the UAE’s continued collaboration with international partners in the pursuit of international justice

‘Let’s resolve to make 2024 a year of building trust’

"The United Nations will keep rallying the world for peace, sustainable development and human rights. Let’s resolve to make 2024...
  • António Guterres, UN Secretary-General, urges global unity in 2024 for rebuilding trust and hope after the significant suffering, violence, and climate crises of 2023.
  • In his New Year's message, Guterres stresses unity for trust and hope in 2024, urging collective achievements and wishing a peaceful and happy year.

South Africa moves ICJ, accuses Israel of ‘genocidal acts’ in Gaza

South Africa launched a case at the International Court of Justice against Israel for what it said were "genocidal" acts...
  • There was no immediate comment from Israel, which had earlier denied charges that its military was using disproportionate force in Gaza.
  • The war was triggered by the attack on Israel on October 7 and is now nearing its 12th week, with vast areas of northern Gaza in ruins.

Saudi Arabia, Qatar, six others accept Trump ‘Board of Peace’ invite: statement

Saudi Arabia and seven Muslim-majority countries including Gaza mediators Qatar and Turkey have agreed to join US President Donald Trump's "Board...

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Israel launches strikes in Syria’s Druze area in defence of religious minority

Israel has sought to portray itself as a defender of the community, while also warning the Syrian government against maintaining...

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...

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...

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Iran says no nuclear talks if US insists it stop uranium enrichment

Washington and Tehran had been engaged in several rounds of negotiations seeking to strike a deal on the Islamic Republic's...
  • Since the end of the hostilities, both Iran and the United States have signalled willingness to return to the table
  • The Omani-mediated negotiations were halted as Israel launched its surprise attack on Iranian nuclear and military facilities on June 13

Trump gives Russia 50 days to make Ukraine deal or face new economic sanctions

US President Donald Trump told Russia on Monday to end its Ukraine war within 50 days or face massive new...
  • Trump said he was "very, very unhappy" with Vladimir Putin, underlining his insistence that his patience had finally snapped with the Russian leader's refusal to end war
  • "We're going to be doing very severe tariffs if we don't have a deal in 50 days, tariffs at about 100 percent," Trump said during an Oval Office meeting with NATO Secretary General

Mediators working to bridge gaps in faltering Gaza truce talks

The indirect negotiations in Qatar appear deadlocked after both sides blamed the other for blocking a deal for the release...
  • "Discussions are currently focused on the proposed maps for the deployment of Israeli forces within Gaza," said an official with knowledge of the talks.
  • "Mediators are actively exploring innovative mechanisms to bridge the remaining gaps and maintain momentum in the negotiations," the source added on condition of anonymity.