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Geostrategy

SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

Israeli army says intercepted missile from Yemen before it entered Israeli territory

Jerusalem, Undefined - The Israeli army said Wednesday it intercepted a ballistic missile fired towards the country from Yemen.Air raid sirens...
  • Air raid sirens sounded over a wide swathe of central Israel as a precaution against falling debris, but the army said it shot down the projectile before it entered Israeli territo
  • Yemen's Iran-backed Huthi rebels have repeatedly launched missiles against Israel in solidarity with the Palestinians since the war in Gaza began more than a year ago

Syria authorities say armed groups have agreed to disband

Syria's new leaders announced Tuesday that they had reached an agreement with the country's rebel groups on their dissolution and...
  • Absent from the meeting were representatives of the US-backed, Kurdish-led forces
  • Turkey has "real economic leverage" thanks to a 900-kilometer border with Syria

Netanyahu tells Israel parliament ‘some progress’ on Gaza hostage deal, defence minister admits to killing Haniyeh

In an interview with The Wall Street Journal last week, Netanyahu said, however, said he was not going to agree...
  • In recent days, indirect negotiations between Israel and Hamas mediated by Qatar, Egypt, and the US took place in Doha, rekindling hope of an agreement that has proven elusive
  • Negotiations have faced multiple challenges since a one-week truce in November 2023, with the primary point of contention being the establishment of a lasting ceasefire

Post-Assad Syria seeks peace; Erdogan pushes anti-terror agenda, US warns on Kurdish conflict

Barbara Leaf, Washington's top diplomat for the Middle East, told Syria's new leader Ahmed al-Sharaa of the "critical need to...
  • On a recent tour to the region, US Secretary of State Antony Blinken had stressed the need to prevent a resurgence of Islamic State group (IS) jihadists
  • Turkish President Recep Tayyip Erdogan, who backed Assad's opponents, has stressed reconciliation and restoration of Syria's territorial integrity and unity

HRW accuses Israel of ‘acts of genocide’ for restricting Gaza water access

Human Rights Watch (HRW) accused Israel of committing "acts of #genocide" in the Gaza Strip by damaging water infrastructure and...
  • "Systematic nature" to deprive Gazans of water has "likely caused thousands of deaths"- HRW
  • Israel also cut electricity supplies, attacked repair workers and blocked imports of repair materials

UN urges ‘free and fair’ elections in Syria post-Assad ouster amid ongoing challenges

Turkey's Foreign Minister warned Syria's new government to address Kurdish militancy, signaling potential intervention if unresolved with tensions rising with...
  • UN humanitarian chief Tom Fletcher called for a massive aid boost by donor countries to respond to "this moment of hope" for Syria
  • Years of civil war have also left the country heavily dependent on aid, deeply fragmented and desperate for justice and peace

UN envoy warns Syria conflict not over yet

United Nations' special envoy for Syria, Geir Pedersen, referring to fighting between the US-backed, Kurdish-led Syrian Democratic Forces (SDF) and...
  • Israel has carried out hundreds of strikes on Syrian military assets since Assad's overthrow
  • Large-scale returns of refugees to Syria could destabilize the country further

UN envoy warns Syria conflict persists as rebels seek international ties post-Assad ouster

The UN migration chief expressed concerns about large-scale refugee returns destabilizing Syria further, particularly affecting religious minorities who fled violence...
  • The United Nations' special envoy for Syria, Geir Pedersen, said on Tuesday "there have been significant hostilities in the last two weeks, before a ceasefire was brokered."
  • Israel has carried out hundreds of strikes on Syrian military assets since Assad's overthrow in what it says is a bid to prevent them falling into hostile hands

Syria since Assad’s overthrow: latest developments

HTS leader Abu Mohammed al-Jolani said that all rebel factions in Syria would "be disbanded and the fighters trained to...
  • Assad denounced the country's new leaders as "terrorists"
  • President Elect Trump said Turkey did an unfriendly takeover, without a lot of lives being lost

Jolani vows to disband rebel factions, integrate fighters into Syria’s Defence Ministry for unity

Jolani emphasized unity in Syria, advocating a social contract among religions for justice, while urging diplomats to lift sanctions to...
  • Assad fled Syria on December 8, as rebels led by Islamist group Hayat Tahrir al-Sham (HTS) captured the capital Damascus, ending decades of dictatorship and years of civil war
  • HTS leader Jolani has sought to reassure minorities at home and governments abroad that the country's interim leaders will protect all Syrians, as well as state institutions

Workers should have a say in AI implementation, says TUAC general secretary

Davos, Switzerland -- The transformation seen in the labor market brought about by green transition and new technologies has raised...

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Palestinian Authority suspends Al Jazeera broadcasts

The Palestinian Authority on Wednesday ordered the suspension of broadcasts by Qatar-based Al Jazeera across the Palestinian territories, accusing the...

‘Numb’ New Orleans grapples with horror of deadly truck attack

New Orleans, United States - The celebratory atmosphere of Bourbon Street in New Orleans, long an American byword for indulgence and...

Syria Foreign Minister in Saudi Arabia, hopes the visit opens ‘new, bright page’

Last week, in an interview with Saudi-owned Al Arabiya television, Sharaa said Saudi Arabia "will certainly have a large role...

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South Korea’s Yoon: from star prosecutor to president facing arrest

Yoon is under investigation for his martial law declaration and faces criminal charges of insurrection, which could result in life...
  • Investigators sought an arrest warrant against Yoon which a court issued on Tuesday.
  • If arrested, Yoon would become the first S.Korean president detained before impeachment procedures

UN experts demand Israel face consequences for alleged Gaza war crimes and genocide claims

The experts called for urgent, independent and thorough investigations into alleged serious violations of international law, saying Israel's continued impunity...
  • Israel's retaliatory military campaign has killed more than 45,500 people in Gaza, a majority of them civilians
  • The experts highlighted alleged crimes against humanity committed by Israel "including murder, torture, sexual violence.'

Former US president Jimmy Carter dies aged 100

Carter had been in hospice care since mid-February 2023 at his home in Plains, Georgia -- the same small town...
  • Carter died "peacefully" at his home in Plains, "surrounded by his family," the Carter Center said in a statement
  • Carter was the longest-lived US president -- an outcome that seemed unlikely back in 2015 when the Southern Democrat revealed he had brain cancer