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

Blinken, Wang discuss Gaza war in phone call

Beijing, China - The US Secretary of State Antony Blinken and China's Foreign Minister Wang Yi on Wednesday spoke over the...
  • Blinken discussed his recent travel in the Middle East and US diplomatic efforts in the region with Wang
  • He also underscored that the recent Houthi attacks against commercial vessels in the Red Sea

Got to have faith: religion finds its moment at COP28

Organizers say the Faith pavilion is supporting progress toward an ambitious pact to limit global warming, that also ensures financial...
  • Organizers say more than 300 faith leaders from all major religions and traditional beliefs are expected to participate in the pavilion during the two-week-long conference
  • Faith leaders issued an interfaith statement in support of reducing and eventually exiting fossil fuels - a flashpoint issue at the conference overseen by an Emirati oil executive

EU seeks agreement on world’s first AI law

European Commission, the EU's executive arm, first proposed an AI law in 2021 that would regulate systems based on the...
  • Negotiators from EU Parliament and EU member states will meet on Wednesday from 1400 GMT, with talks expected to last into the evening
  • Although there is no real deadline, senior European Union figures have repeatedly said the bloc must finalize the law before the end of 2023

Israeli attack on Lebanon kills soldier, wounds three

The Lebanese army in a statement said that its position was targeted by the "Israeli enemy" on the southern border....
  • Acknowledging the attack on Lebanon, Israel said that it had targeted a Hizbollah position
  • At least 110 have been killed on the Lebanese side since October, mostly Hizbollah fighters

Putin senses reviving fortunes as front holds, West frays

Warsaw, Poland - As Vladimir Putin touches down in the Middle East later on Wednesday for visits to the UAE...
  • A much-touted Ukrainian counteroffensive that was once expected to carve through Russian lines has stalled, oil revenue is rebounding
  • Russia's front line has largely repelled Ukraine's counter-offensive, launched with billions of dollars worth of Western arms

Investments strengthen Türkiye-GCC economic ties

The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to...
  • The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to significantly boost bilateral trade.
  • Türkiye-GCC relations are revitalized through billion-dollar deals and support for Turkey's post-earthquake recovery, aiming to triple trade with the Gulf by 2030.

Russian oil price cap partially successful

LONDON, UK - A Western price cap imposed a year ago on Russia's oil has had limited success with Moscow increasingly...
  • The cap was jointly imposed on December 5, 2022 by the European Union, Australia and the Group of Seven rich countries.
  • Initially successful, it lost its impact once President Vladimir Putin's Russia found new buyers for its oil and new tankers to deliver it.

Qatari emir denounces ‘shameful’ global inaction in Israel-Hamas war

Doha, Qatar - Qatar's ruler hit out at "shameful" international inaction over the Israel-Hamas war in Gaza as he opened a...
  • Qatar emir called for a global probe into Israeli massacres in Gaza, and urged a just solution to Palestinian issue
  • Qatar, a US ally which hosts a large US military base, hosts a Hamas office which doubles as the residence of its self-exiled leader, Ismail Haniyeh

Released Palestinians allege mistreatment in Israeli prisons

Ramallah, Palestinian Territories -- Released under an exchange between Israel and Hamas, former Palestinian civilians held in various jails have described...
  • There are around 7,800 Palestinians civilians in Israeli jails. Some 3,580 Palestinians have been held by Israeli forces since Oct 7.
  • "Testimonies and video evidence also point to numerous incidents of torture and other ill-treatment by Israeli forces," Amnesty International has said.

Gaza safe zones declared by Israel neither safe, nor humanitarian: UN

"The so-called safe zones... are not scientific, they are not rational, they are not possible, and I think the authorities...
  • Gaza health ministry put the latest death toll of civilians killed in Israeli bombardment and ground attacks at 16,248, around 70 percent of them women and children.
  • As Israel's offensive pushes deeper into Gaza, international aid organizations have warned that civilians in the de territory are running out of places to flee to.

At least 80 Yemeni separatists killed in fighting, strikes since Friday

At least 152 members of the UAE-backed STC forces were wounded and 130 were taken captive, a military official from...

Company News

Latest News

Iran holds state funeral for top brass slain in Israel war

Iran held a state funeral Saturday for some 60 scientists and commanders killed in its war with Israel, after its...

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...

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...

Most Read

Doctors’ aid group slams US-backed Gaza relief scheme over deadly roll-out

The Gaza Humanitarian Foundation, which began operating last month and has largely replaced established humanitarian organisations, "is degrading Palestinians by...
  • The Gaza Humanitarian Foundation, which began operating last month and has largely replaced established humanitarian organisations
  • Starting in March, Israel blocked deliveries of food and other crucial supplies into Gaza for more than two months, leading to warnings of famine across a territory

Israel FM says world has ‘obligation’ to stop Iran getting nuclear bomb

Israel's foreign minister said Friday the world was obliged to stop Iran developing an atomic bomb, days after Israel claimed...
  • "Israel acted at the last possible moment against an imminent threat against it, the region and the international community," Gideon Saar wrote on X
  • The conflict erupted on June 13 when Israel launched a bombing campaign that it said aimed to stop Iran from developing a nuclear weapon - an ambition Iran has consistently denied

Iran says IAEA chief request to visit bombed sites suggests ‘malign intent’

Iran on Friday rejected a request by UN nuclear watchdog chief Rafael Grossi to visit facilities bombed by Israel and...
  • IAEA director general "Grossi's insistence on visiting the bombed sites under the pretext of safeguards is meaningless, Iranian foreign minister said
  • Araghchi again hit out at Grossi personally for not speaking out against the Israeli and US strikes on Iran's nuclear facilities, describing it as " betrayal of his duties."