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

Displaced women in Gaza recount lives disrupted by war

GAZA, PALESTINIAN TERRITORIES-  A relentless Israeli military campaign, in response to deadly Hamas attacks on October 7, has upset the...
  • Israeli forces have launched a bombardment campaign and ground invasion of Gaza ever since Hamas launched its attack.
  • The United Nations estimates the fighting has displaced 1.9 million of Gaza's 2.4 million population.

Makkah, Morocco’s Beni Mellal-Khenifra Chambers of Commerce ink pact

MAKKAH, SAUDI ARABIA - The Makkah Chamber of Commerce and Industry and the Chamber of Commerce, Industry, and Services of...
  • Beni Mellal Chamber of Commerce, Industry and Services delegation head said that Saudi Arabia is Morocco's largest trading partner.
  • In 2022, the volume of Saudi Arabian exports reached US$4.6 billion, while the value of imports was US$87 million.

Senior Iranian general Razi Moussavi killed in Israeli strike in Syria

Razi Moussavi "was killed during an attack by the Zionist regime a few hours ago in Zeinabiyah district in the...
  • Iran's president Ebrahim Raisi vowed that Israel "will certainly pay" for the killing, calling it another sign of frustration of the "usurping Zionist regime".
  • Iran's state TV said Moussavi was targeted by "three missiles" and aired footage showing smoke rising from the area of the strike.

Russia extends ban on entry of trucks from EU, UK, Norway, Ukraine

MOSCOW, RUSSIA - The Russian government has extended the ban on the entry of trucks from the European Union, the...
  • “The restriction will remain in effect until the circumstances that served as the basis for its introduction are eliminated,” the Russian Cabinet said.
  • The ban was introduced in 2022 as a response to the EU’s decision not to allow trucks with Russian and Belarusian license plates through.

UN General Assembly approves US$3.59bn budget for 2024

NEW YORK, US - The United Nations General Assembly (UNGA) approved a US$3.59 billion budget for 2024, including establishing a...
  • The UNGA approved around US$50 million as an additional funding for UN Human Rights Council.
  • UNGA revealed that it established a multiannual private account for peacemaking and it is used for funding UNPBF.

Gaza toll 20,674 as Netanyahu vows to intensify fighting in coming days

The Gaza health ministry said an Israeli strike late Sunday killed at least 70 people in Al-Maghazi refugee camp, in...
  • The World Health Organization said it led missions to barely functioning hospitals in northern Gaza, describing starving people stripping an aid truck of supplies.
  • Pope Francis deplored "the desperate humanitarian situation" of Palestinians in Gaza, calling for an immediate ceasefire and the freeing of hostages.

Regional players welcome ceasefire and political process in Yemen

Riyad, Saudi Arabia -- Key regional players have welcomed the agreement – involving a comprehensive set of measures aimed at...
  • This pivotal agreement includes a nationwide ceasefire, initiatives to enhance living standards, and steps towards resuming a comprehensive political process under UN's guidance.
  • The Qatari Ministry of Foreign Affairs expressed hope for the roadmap's imminent signing, contributing to a comprehensive political solution to the Yemeni crisis.

Spain will not join US-led Red Sea coalition

The Houthis welcomed Spain's stance, with deputy foreign minister Hussein al-Ezzi saying "we highly appreciate Spain's refusal to be drawn...
  • On Thursday, the Pentagon said 20 countries had joined the Washington-led coalition to protect the key shipping lane
  • Spain's government has been ambivalent and on Sunday a spokesman for the defense ministry told that Spain "will not participate"

Palestinians recount ‘torture’ in Israeli army custody

In recent weeks, the army has faced international criticism after viral footage of detainees stripped down to their underwear and...
  • About 20 men released from Israeli custody "have bruises on their bodies", hospital official in Rafah
  • The Israeli army rejected the claims, saying detainees are "treated in accordance with international law"

Moroccans protest against Gaza war, Israel ties

The protesters were called to the streets by a disparate group of organizations backing the Palestinian cause, including left-wingers and...
  • The protestors in Rabat denounced what protest leaders called a "war of extermination"
  • In 2020, the north African country established diplomatic and trade relations with Israel

Saudi, Qatar, Oman convinced Trump to ‘give Iran a chance’: senior Saudi official

Two diplomatic sources told AFP on Thursday that the security posture at Qatar's Al-Udeid Airbase had been lowered after a...

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Israel’s aid blockade leaves Gaza’s pregnant women hungry and at risk

Like most women at the Gaza City hospital where she attends her pregnancy check-ups, Fatima Arafa's face looks fatigued, a...

Released pro-Palestinian protest leader sues Trump for $20 mn

Mahmoud Khalil, one of the most prominent leaders of US pro-Palestinian campus protests, sued the Trump administration Thursday for $20...

Two months after ending struggle against Turkey, Kurdish PKK fighters to begin disarming at key ceremony

Founded in the late 1970s by Abdullah Ocalan, the PKK took up arms in 1984, beginning a string of bloody...

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Rebooted and ‘vulnerable’: Superman is back on screens

Paris, France - A rebooted Superman is flying into cinemas around the world this week, with critics mostly positive about...
  • Director and screenwriter James Gunn said he set out to make the benevolent world-saver "a little less powerful" in what is a tenth silver-screen version of the original
  • Gunn's Superman, played by square-jawed David Corenswet in his biggest role to date, appears at times naive and awkward, and has to contend with criticism on social media

European Union says Israel has agreed to ‘expand’ Gaza aid access

"This deal means more crossings open, aid and food trucks entering Gaza, repair of vital infrastructure and protection of aid...
  • Gaza's two million residents are facing dire humanitarian conditions as Israel has severely limited aid during its devastating war with Palestinian militant group Hamas.
  • The current system of aid distribution by a US- and Israeli-backed group has drawn international condemnation.

Syria rejects federalism, calls on Kurdistan forces to join army ranks

Syria reiterated its rejection of federalism on Wednesday following a meeting with a Kurdish military official, calling on Kurdish forces...
  • The Kurds, who control vast swathes of territory in Syria's north, including oil and gas fields, have demanded a decentralised system of governance
  • A Syrian government source told the official Alekhbariah television channel on Wednesday that Damascus remained committed to "the principle of 'One Syria, One Army, One Government'