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

G7 urges two-state solution to Israel-Palestinian conflict

The latest round of conflict between Israel and Hamas began when the Palestinian fighters launched an unprecedented attack into Israel...
  • The leaders said they are committed to a Palestinian state as part of a two-state solution
  • The statement from G7 leaders comes as Israel continues to battle Hamas in Gaza

Israel approves new settlement in east Jerusalem: NGO

The Palestinian foreign ministry said on Tuesday that Israel was "taking advantage of international concern over the war in Gaza...
  • Half the "new neighborhood" comprising 1,738 housing units will be in the city's annexed east, the Israeli NGO Peace Now said
  • According to the Ir Amin anti-settlement NGO, around 300,000 Palestinians and 200,000 Israelis live in east Jerusalem

China slams ‘smearing’ of Belt and Road project after Italy withdraws

Proponents of the BRI praise it for bringing resources and economic growth to the Global South. But critics have long...
  • The foreign ministry did not directly comment on Italy's decision to withdraw from Beijing's vast BRI project
  • But Wang pointed to the more than 150 participating countries as evidence of it being the "most popular international public product

US finds war crimes and ethnic cleansing in Sudan war

After months of rising concern and frustration at the failure of talks, Secretary of State Antony Blinken presented findings following...
  • Blinken said that both the Sudanese army and the RSF have committed war crimes
  • More than 10,000 people have been killed, as per the Armed Conflict Location and Event Data Project

UK defence minister to visit Middle East to discuss ways to boost Gaza aid

Shapps will also visit Kibbutz Kfar Aza in southern Israel which was attacked by Hamas on October 7 which killed...
  • Shapps will also discuss how the UK can support the Palestinian Authority, the recovery of hostages, as well as efforts to prevent further escalation in the Middle East
  • Earlier this week Shapps said Britain was considering sending military support vessel RFA Lyme Bay to provide medical and humanitarian aid in the Middle East

Israel approves ‘minimal’ increase in fuel supply to Gaza

Israeli Prime Minister Benjamin Netanyahu's office wrote on X that a "minimal supplement of fuel necessary to prevent a humanitarian...
  • Israel said the fuel supply increase was "necessary to avoid a humanitarian collapse"
  • UN chief said he feared that public order would "completely break down soon" in Gaza

Ambitious agreements mark Saudi Crown Prince’s Qatar visit

Doha, Qatar – Following a landmark visit by Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud to Qatar,...
  • The two countries expressed deep concern about the humanitarian situation in Gaza and the need for a comprehensive and just resolution to the Palestinian question.
  • Economic and trade discussions focused on enhancing economic partnerships, diversifying trade, and investing in opportunities within the framework of their transformative visions.

KSA, Russia plan fertilizer JV, deepen OPEC+ ties

Russian President Vladimir Putin's visit to Riyadh underscores the deepening economic and diplomatic relations between the two countries.
  • Russian President Vladimir Putin's visit to Riyadh underscores the deepening economic and diplomatic relations between the two countries.
  • Putin's extended one-on-one dialogue with the Saudi Crown Prince Mohammed bin Salman covers bilateral and regional topics.

Palestinians in Gaza living in utter, deepening horror: UN rights chief

"Civilians in Gaza continue to be relentlessly bombarded by Israel and collectively punished -- suffering death, siege, destruction and deprivation...
  • The UN official said 1.9 million of the Palestinian enclave's 2.2 million people had been displaced and were being pushed into overcrowded and unhealthy conditions of South Gaza
  • The official added he was gravely concerned by "dehumanizing and inciteful statements" made by current and former Israeli officials, as well as Hamas figures

Russia, UAE boost energy relations, explore new JVs

The two countries strengthen their partnership, discussing the use of Russian equipment in UAE's energy projects during Putin's significant visit...
  • Russia and UAE strengthen their partnership, discussing the use of Russian equipment in UAE's energy projects during Putin's significant visit to Abu Dhabi.
  • The Russian President praises the UAE's successful hosting of COP28 and the strengthening of cultural and humanitarian connections.

The US and Venezuela’s vast oil reserves: key questions amid sanctions, geopolitics and energy

After a US military operation that seized Nicolas Maduro, President Donald Trump said he wants to allow American oil companies...

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Morocco’s Atlantic gambit: linking restive Sahel to ocean

Dubai, UAE -- A planned trade corridor linking the landlocked Sahel to the Atlantic is at the heart of an...

AI is learning to lie, scheme, and threaten its creators

In one particularly jarring example, under threat of being unplugged, Anthropic's latest creation Claude 4 lashed back by blackmailing an...

Yemen’s Huthi rebels say fired missile at Israel

Yemen's Iran-backed Huthi rebels said they fired a ballistic missile towards Israel on Saturday, in response to Israel's conduct towards...

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Iran extends access to airspace for overflights after ceasefire

Iran has expanded access to its airspace for international overflights following a ceasefire with Israel, though flight restrictions remain in...
  • Flights to and from airports in the north, south and west of the country, including Tehran's Mehrabad and Imam Khomeini international airports, remained suspended
  • The move comes after Iran reopened its eastern airspace on Wednesday, following a ceasefire that ended 12 days of fighting with Israel

Qatar urges Israel, Hamas to seize ‘window of opportunity’ for Gaza truce

US President Donald Trump voiced optimism on Friday about a new ceasefire in Gaza saying an agreement involving Israel and...
  • US President Donald Trump voiced optimism on Friday about a new ceasefire in Gaza saying an agreement involving Israel and Hamas could come as early as next week
  • Mediators have been engaged in months of back-and-forth negotiations with the warring parties aimed at ending 20 months of war in Gaza

Putin says Russia, Ukraine peace proposals “absolute contradictory”

Russian President Vladimir Putin said Friday that Russia and Ukraine's demands for peace were "absolutely contradictory", after two rounds of...
  • Russian and Ukrainian negotiators swapped memorandums outlining their visions for how to end the three-year conflict at peace talks in Istanbul this month
  • But other than large-scale prisoner exchanges, the talks have failed to result in any progress toward ending the fighting, triggered by Russian military offensive in February 2022