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

UNICEF exhorts donors for US$9.4bn in funding

The agency said the funding would allow it to reach 17.3m children in need of measles vaccinations, 7.6m children with...
  • Afghanistan was the most expensive project listed, with UNICEF calling for $1.4 billion for 2024
  • The agency is aiming in 2024 to reach 48 million women, girls and young people across 58 countries

UAE renews call for Palestinian aid, two-state solution

"The Gulf country aims to launch a concrete plan to achieve the two-state solution to the Palestinian crisis with a...
  • The UAE's contribution to Gaza's reconstruction is conditional, tied to the development of a concrete plan for a two-state solution.
  • During their visit to the Rafah Border, Nusseibeh and UN officials witnessed the devastation in Gaza, underscoring need for ceasefire.

Gaza journalists must be protected from harm: Blinken

AFP and other international media groups had written to Blinken in late October urging his help in protecting journalists on...
  • At least 63 journalists and media workers have been killed since the war began in October
  • French lawmakers urged their PM to call for all efforts to secure the exit of journalists stranded in Gaza

Biden warns Netanyahu risks losing support for Gaza war

Biden told a campaign event in Washington that Israel had "most of the world supporting it" after the Hamas attacks,...
  • The US president told donors that Netanyahu needed to "change" his stance on a two-state solution for the Palestinians
  • Netanyahu meanwhile said there was "disagreement" with Biden over how a post-conflict Gaza would be governed

UNGA strongly endorses ceasefire in Gaza conflict

The UN General Assembly passes a resolution demanding an immediate ceasefire in Gaza, highlighting the Security Council's inaction and putting...
  • The UN General Assembly passes a resolution demanding an immediate ceasefire in Gaza, highlighting the Security Council's inaction and putting pressure on Israel and the US.
  • The resolution, supported by an overwhelming majority, underscores the growing global concern over the humanitarian crisis in Gaza and the need for urgent peace efforts.

Gaza war derails Palestinian economy, say World Bank

Washington, US - The Israel-Hamas war in Gaza is having a severe impact on the Palestinian economy, according to the World...
  • Gaza's contribution to the overall Palestinian economy had already shrunk from around 36 percent in 2005 to just 17 percent last year.
  • Whereas the World Bank previously anticipated growth of 3.0 percent in 2024, it now expects an overall contraction of 6 percent.

Under fire Harvard University president to stay after anti-Semitism row

CAMBRIDGE, US - Harvard University's president, under fire over testimony she gave about anti-Semitism on campus, will remain in her job...
  • Claudine Gay has been facing criticism after she declined to unequivocally say whether calling for genocide of Jews violated Harvard's code of conduct.
  • Over 70 lawmakers including two Democrats called for her resignation even as several high-profile Harvard alumni and donors have called for her departure.

US sanctions China, Turkey firms to curb Russia war efforts

Washington, United States -- The United States unveiled sanctions Tuesday on individuals and companies based in China, Turkey, the United Arab...
  • The latest actions take aim at people and entities accused of supplying Russia’s industry and furthering its ability to wage war against Ukraine.
  • The Treasury Department imposed sanctions on more than 150 parties, while the State Department did so on over 100, including those engaged in sanctions invasion in third countries.

Digitalization has high environmental costs, says UNCTAD meet

DUBAI, UAE - With global attention on the COP28 climate summit, UNCTAD’s eWeek 2023 highlighted digitalization’s potential to accelerate climate...
  • Data-driven technologies like the Internet of Things, robotics and artificial intelligence can enhance climate change monitoring.
  • The digital transformation has left its mark on the planet through raw material depletion, energy and water use, pollution and waste.

Middle East leaders grapple with post-war Gaza challenges at Doha

At the annual Doha Forum that ended Monday, Qatar reiterated that no Arab country would send in forces to stabilize...
  • Jordan's Prime Minister Bisher Khasawneh warned that failure to deal with "the day after" the war would mean "uglier scenes in a year or two".
  • However, concrete policies were lacking at the forum, which did not include high-level representatives from Saudi, Lebanon and Egypt.

Venezuelan parliament swears in interim president after Maduro’s ouster

Venezuela's parliament swore in Delcy Rodriguez as interim president on Monday, two days after US forces seized her predecessor Nicolas...

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Syria state media says talk of peace deal with Israel ‘premature’

Syrian state media reported Wednesday that statements on signing a peace deal with Israel were "premature", days after Israel said...

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...

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...

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US halting some shipments of military aid to Ukraine

The White House said Tuesday it is halting some key weapons shipments to Ukraine that were promised under the Biden...
  • Stopping the delivery of munitions and other military aid including air defense systems likely would be a blow to Ukraine as it contends with Russia's missile and drone attacks
  • The curtailment of military aid signals a possible shift in the priorities of US President Donald Trump, who has pressed for Russia and Ukraine to speed up stalled peace talks

Macron, Putin discuss Iran, Ukraine in first talks since 2022

One week after a ceasefire ended Israel's 12-day war with Iran, the two men also discussed Tehran's nuclear programme, with...
  • One week after a ceasefire ended Israel's 12-day war with Iran, the two men also discussed Tehran's nuclear programme
  • Fighting still raged on the ground in Ukraine over three years after Russia's full-scale February 2022 invasion of its neighbour

Israel expands Gaza campaign ahead of Netanyahu’s US visit

The intensified operations came after days of mounting calls for a ceasefire, with US President Donald Trump -- whom Netanyahu...
  • The intensified operations came after days of mounting calls for a ceasefire, with US President Donald Trump -among those urging Israel to strike a new deal to halt the war
  • Israel's campaign to destroy the Palestinian militant group Hamas has raged on unabated, however, with Gaza reporting Israeli forces killed at least 20 people killed