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

Israeli forces kill 11 Palestinians in West Bank: Health ministry

The latest death was a 17-year-old boy who the ministry said was shot in the chest by the Israeli army...
  • Israel has occupied the West Bank since the 1967 Arab-Israeli war, and in recent months troops have carried out repeated deadly raids on Jenin.
  • More than 280 Palestinians have been killed by Israeli forces or settlers in the West Bank since the war in Gaza erupted on October 7, health officials say.

115 soldiers have been killed in Gaza war, says Israeli army

According to the military's official list of casualties, nine of those killed on Tuesday belonged to units that a military...
  • The 10 deaths recorded on Tuesday made it the single deadliest day for the military since its ground assault on the Palestinian territory began on October 27
  • The Israeli military campaign has so far killed more than 18,600 people in Gaza, also mostly civilians, according to the territory's Hamas-run health ministry

OPEC+ cartel’s grip on oil market loosening as demand slows: IEA

Slowing demand growth and rising US crude production will make it more difficult for OPEC+ to continue to prop up...
  • The Paris-based IEA, which advises oil-consuming nations, noted that prices had fallen by around $25 per barrel since September highs.
  • Efficiency improvements and a booming electric vehicle fleet have also been lowering oil demand, it added.

Saudi, Iran top diplomats discuss bilateral ties, Gaza ceasefire

Tehran, Iran-- Saudi Arabia and Iran's foreign ministers have stressed the need for an immediate ceasefire in Gaza and sending...
  • The two foreign ministers met in Geneva, discussed bilateral ties between the two countries, and the latest developments in Gaza
  • The Saudi foreign minister said there is a positive trend in bilateral relations and "we welcome the development of relations"

US shows signs of strained patience with ally Israel

President Joe Biden while expressing his frustration with rightwing Israeli Prime Minister Benjamin Netanyahu referred this week to "indiscriminate bombing"...
  • However Washington has been careful not to openly criticize its ally
  • US diplomats have expressed dissatisfaction with Israel's conduct of the war

Tunisian villages grapple with severe water scarcity

Ouled Omar, Tunisia - Tunisian villager Ounissa Mazhoud ties two empty jerry cans to a donkey and cautiously descends a stony...
  • The World Bank predicts that by 2030 the Middle East and North Africa region will fall below the "absolute water scarcity" threshold of 500 cubic meters yearly per person.
  • Tunisia, already the 33rd most water-stressed country according to the World Resources Institute, has dropped to 450 cubic meters per inhabitant

Gaza government runs out of children’s vaccines, warns of ‘catastrophe’

The announcement came more than two months into the Israel-Hamas war in Gaza as international aid organizations have warned about...
  • The Gaza health ministry called on international institutions to deliver urgently needed vaccines "to prevent disaster"
  • The UN Humanitarian Coordinator for the Palestinian territories, Lynn Hastings, said that UNICEF was looking into the issue

World Bank to expand climate funding in MENA by $10 billion

Brhane said the World Bank integrated climate into all its work across the MENA region and is on track to...
  • The funding supports both reducing net emissions and resilience projects, said Meskerem Brhane, the bank's Regional Director for Sustainable Development, MENA.
  • She added that by embracing green growth strategies, the region's GDP could potentially grow to over $13 trillion by 2050.

UNICEF warns of terrible results on children due to Lebanon crises

Beirut, Lebanon - Lebanon's compounding crises are having a "devastating" impact on children and their education, a United Nations agency said...
  • UN children's agency UNICEF said more than a quarter of households surveyed last month reported children not attending school, compared to 18 percent in April.
  • For four years, Lebanon has been gripped by a crushing economic crisis that has pushed most of the population into poverty

Israeli army opens fire at hospital wards: Gaza health ministry

"The occupation (Israeli) forces have tightened the siege and the targeting of Kamal Adwan hospital, firing at patient rooms and...
  • The head of the UN agency for Palestinian refugees Philippe Lazzarini warned that the people of Gaza were "running out of time and options".
  • Israel's Foreign Minister Eli Cohen said that the war in the Gaza Strip would continue "with or without international support".

Yemen separatists set for Riyadh talks after fighting: official

The leader of Yemen's separatists is heading to Riyadh on Tuesday for talks, a Yemeni official told AFP, after days...

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Arab Parliament condemns Israeli West Bank annexation statements

Cairo, Egypt -- Mohammed bin Ahmed Al Yamahi, President of the Arab Parliament, has strongly condemned and rejected the dangerous...

Japan plans ‘world first’ deep-sea mineral extraction from Jan

Tokyo, Japan -- Japan will from January attempt to extract rare earth minerals from the ocean floor in the deepest...

Israeli forces kill 69 Palestinians in Gaza, including those sheltering in a school

They included 38 people waiting for humanitarian aid at three separate locations in central and southern Gaza and a child...

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Iran ends cooperation with UN nuclear watchdog after Israel, US strikes

It came after last month's 12-day conflict between Iran and Israel, which saw unprecedented Israeli and US strikes on Iran's...
  • It came after last month's 12-day conflict between Iran and Israel, which saw unprecedented Israeli and US strikes on Iran's nuclear facilities
  • On June 25, a day after a ceasefire took hold, Iranian lawmakers voted overwhelmingly to suspend cooperation with the Vienna-based IAEA

Netanyahu vows to uproot Hamas as ceasefire proposals are discussed

The Israeli leader had yet to comment on US President Donald Trump's claim that Israel had backed a plan for...
  • The Israeli leader had yet to comment on Trump's claim that Israel had backed a plan for a 60-day truce in its offensive against Hamas in the war-ravaged territory
  • Nearly 21 months of war have created dire humanitarian conditions for the more than two million people in the Gaza Strip, where Israel has recently expanded its military operations

Hamas says discussing Gaza ceasefire proposals from mediators

It said it sought "to reach an agreement that guarantees ending the aggression, achieving the withdrawal (of Israel from Gaza)...
  • Qatar and Egypt have been mediating efforts to end the conflict that erupted in October 2023, when a deadly Hamas attack on Israel prompted a devastating Israeli offensive.
  • The new proposal "includes a 60-day truce, during which Hamas would release half of the (22) living Israeli captives in the Gaza Strip.