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

Yemen separatist leader fled to UAE: Saudi-led coalition

Aidaros Alzubidi was accused of high treason and removed from Yemen's Presidential Leadership Council on Wednesday, while the coalition bombed...

Gaza hospital military ‘activity’ over, says Israel

Israeli forces, according to the Gaza health ministry, fired at "patient rooms" and arrested staff at the Kamal Adwan hospital...
  • The Israeli army said it had "completed its activity in the area of the Kamal Adwan hospital"
  • Hamas blamed Israeli troops for having carried out a "horrific massacre" inside the hospital

UAE leads humanitarian efforts in Gaza, seeks truce

"The Gulf country will continue its efforts to achieve peace through tangible steps and a roadmap for a two-state solution....
  • The UAE strongly condemns Israel’s collective punishment and displacement policies.
  • The country remains committed to Palestinian humanitarian aid and medical support.

Moroccan officials questioned in EU graft probe

BRUSSELS, BELGIUM - Several Moroccan officials have been questioned as part of a high-profile investigation into alleged bribery by the north...
  • The interviews in Morocco were conducted by local authorities in the presence of Belgian investigators.
  • The questionings were the first in the country since Brussels launched a sprawling graft probe in 2022.

UAE, Turkey explore ways to enhance bilateral relations

Abu Dhabi, UAE - UAE President Sheikh Mohamed bin Zayed Al Nahyan discussed bilateral ties with Recep Tayyip Erdogan, President...
  • UAE President Al Nahyan and Turkish president Erdogan also exchanged views on various regional and international issues of mutual interest.
  • The two leaders emphasized the importance of an immediate ceasefire in the Gaza Strip, ensuring the protection of civilians .

UK shoots down ‘suspected’ drone attack in Red Sea

London, UK - A UK destroyer has brought down a suspected attack drone in the Red Sea, defense minister Grant Shapps...
  • Britain announced last month that it was sending HMS Diamond, one of its most advanced naval vessels, to the Gulf to shore up its presence in the region.
  • The deployment followed the outbreak of conflict between Israel and Hamas and the seizure of an Israeli-linked cargo vessel by Iranian-backed Yemeni Houthi rebels

Kuwait, world mourn passing of Emir Sheikh Nawaf; welcome Sheikh Meshal as successor amid challenges

The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh...
  • The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh Nawaf, amidst global condolences and internal challenges.
  • Public offices in Kuwait will close for three days, and a 40-day mourning period is declared following Sheikh Nawaf's death, who was hospitalized in November.

Kuwait emir Sheikh Al-Sabah dead at 86, says royal court

"With great sadness and sorrow, we mourn... the death of Sheikh Nawaf al-Ahmad Al-Sabah, Emir of the State of Kuwait,"...
  • "With great sadness and sorrow, we mourn... the death of Sheikh Nawaf al-Ahmad Al-Sabah, Emir of the State of Kuwait," said a statement
  • State television had cut its regular programming and switched to a broadcast of Quranic recital before the announcement.

NCSC seeks to regulate Jordan’s cybersecurity market

AMMAN, JORDAN - National Cyber Security Center (NCSC) seeks to regulate the Kingdom's cybersecurity market by outlining and endorsing the...
  • One of the NCSC's key measures focuses on issuing Cybersecurity Services Licensing System, its director said.
  • This would "effectively" contribute to strengthening and supporting Jordanian companies to enter the cybersecurity market.

Volunteers offer help to Arab-Israeli farmers amid Gaza war

Baqa al-Gharbiya, Israel--In Baqa al-Gharbiya, an hour's drive from Haifa, city folk have temporarily traded pens for boots to aid farmers...
  • Many people, lawyers or teachers, have joined hands to help Arab-Israeli farmers in the harvest as there is a shortage of labor force because of the war
  • Volunteers were picking cucumbers, placing seedlings on stakes, and were preparing for the strawberry harvest when the rains interrupted them

Iran executes man convicted of spying for Israel: judiciary

According to human rights groups, including Amnesty International, Iran executes more people per year than any other nation except China....
  • He was also found guilty of "collecting and providing classified information to the Mossad spy service with the aim of disrupting public order."
  • Iran has previously announced the arrests of alleged agents working for foreign countries, including Israel, its regional arch-foe

Yemen separatist leader fled to UAE: Saudi-led coalition

Aidaros Alzubidi was accused of high treason and removed from Yemen's Presidential Leadership Council on Wednesday, while the coalition bombed...

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Settlers and Palestinians clash in West Bank village

Sinjil, Palestinian Territories - Dozens of Israeli settlers and Palestinians clashed Friday in the occupied West Bank village of Sinjil,...

Russia brushes off talks after largest ever drone and missile barrage on Ukraine

Russia on Friday said that it sees no immediate diplomatic way out of the war in Ukraine, hours after pummelling...

Trump to sign ‘big, beautiful’ bill on US Independence Day

Trump pushed Republican lawmakers to get his unpopular "One Big Beautiful Bill" through a reluctant Congress in time for him...

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Israel opposition chief discusses Gaza truce with UAE FM

Jerusalem, Undefined -- Israel's opposition leader said Friday he met with the United Arab Emirates foreign minister in Abu Dhabi...
  • The UAE normalized ties with Israel in 2020 as part of the US-brokered Abraham Accords.
  • WAM said Lapid and Sheikh Abdullah discussed bilateral ties and regional developments including efforts to reach a ceasefire in Gaza.

Iran announces opening of its airspace after war: state media

Iran announced Thursday that it has reopened its airspace, including over Tehran, after closing it on June 13 due to...
  • Tehran's Mehrabad and Imam Khomeini international airports, as well as those in the north, east, west and south of the country, have been reopened and are ready to operate flights
  • Domestic and international flights from all airports across the country -- except those in Isfahan and Tabriz -- will operate between 5:00 am and 6:00 pm, authorities said

Russia becomes first country to recognise Taliban

Afghanistan's government said on Thursday that Russia had become the first country to officially recognise its rule, calling it a...
  • The announcement came after a meeting between Afghanistan's Foreign Minister Amir Khan Muttaqi and Russia's ambassador to Afghanistan, Dmitry Zhirnov, in Kabul
  • Moscow's special representative for Afghanistan, Zamir Kabulov, told the Russia's state news agency Ria Novosti that the government had "recognised" the Taliban government