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

We respect climate science, says COP28 head

DUBAI, UAE - The Emirati president of the UN's COP28 talks said on Monday he respects climate science, after a leaked...
  • Sultan Al Jaber also repeated his past statements that a phase out of fossil fuels was "inevitable".
  • He acknowledged that global greenhouse gas emissions must be cut by 43 percent by 2030.

Saudi energy minister calls Western climate pledges ‘small change’

"Unlike the small change offered for loss and damage from our partners in developed countries, the Kingdom through its South-South...
  • The loss and damage fund for vulnerable nations, a major win at COP28, has attracted about $655m so far, a sum criticized as insufficient by campaigners.
  • The prince's remarks were the latest sign of sharp differences around tackling the climate crisis as negotiators from around the world attempt to hammer out an agreement in Dubai.

Rights organizations sue Netherlands over F-35 parts to Israel

The case concerns US-owned F-35 parts stored at a warehouse in the Netherlands and then shipped to several partners, including...
  • A rights group said the export "made the Netherlands complicit in violations of the laws of war and the collective punishment of Gazans
  • "By supplying weapons parts, the Netherlands runs the risk of becoming complicit in violations of international humanitarian law," said Dagmar Oudshoorn, director Amnesty

Saudi Arabia, Turkiye strengthen collaboration in agriculture, water management

RIYADH, SAUDI ARABIA – The Kingdom's Minister of Environment, Water and Agriculture Eng. Abdurrahman bin Abdul Mohsen Al-Fadhli signed a...
  • Saudi Arabia and Turkiye expressed their commitment to prepare the agricultural sector in both the countries for climate change.
  • The MoU aims to strengthen cooperation and enhance production capabilities in the domains of agriculture, livestock and water management.

ENEC, Kazatomprom ink pact

The move will ensure a secure supply of nuclear fuel.
  • ENEC's global partnerships will support the continued rapid decarbonisation of the country's heavy and energy-intensive industries.
  • This will create further clean energy sources while using the latest technologies and helping to deliver Net Zero by 2050.

Israel launches offensive in southern Gaza amid mounting civilian deaths

Armored personnel carriers and bulldozers were also seen as Israel expanded its operations against Hamas in response to the Palestinian...
  • "Despite what has been assured, attacks in the south of Gaza are every bit as vicious as what the north endured," said UNICEF spokesman James Elder.
  • Israel's ally US intensifies calls for the protection of Gaza's civilians, with Vice President Kamala Harris saying that "too many innocent Palestinians have been killed".

UAE’s ENEC signs MoU with TerraPower for nuclear-technology development

Dubai, UAE--The Emirates Nuclear Energy Corporation (ENEC) has signed a memorandum of understanding with TerraPower, an American nuclear innovation company,...
  • ENEC and TerraPower will collaborate across various areas, including technical design and commercial viability of the TerraPower Natrium technology development
  • The MoU will look to jointly accelerate the commercialisation and global deployment of Natrium technology under licensing agreements with TerraPower

White House says Israel ‘making effort’ to protect Gaza civilians

According to Hamas, more than 15,500 people have been killed in Gaza since the beginning of the war, but Kirby...
  • John Kirby insisted that US intelligence was unaware of any secret, advance Hamas blueprint for its October 7 attack on Israel that triggered the conflict
  • The New York Times reported last week that Israeli authorities had obtained such a document a year before the attack occurred

Yemeni rebels attack British ship in Bab el-Mandeb Strait: report

Dubai, UAE - Rebels from the Yemeni Ansar Allah movement (the Houthi) have staged a drone attack on a British...
  • The United Kingdom Maritime Trade Operations said earlier that it had received information about increased drone activity and, presumably, an explosion in Ban el-Mandeb
  • Yemen’s Houthi movement said on Sunday targeted two Israeli ships with an armed drone and a naval missile, a spokesperson for the group’s military said

UAE president and UN chief discuss ‘collective action’ to address climate challenges

Dubai, UAE-- UAE President Sheikh Mohamed bin Zayed and UN Secretary General António Guterres discussed the importance of the conference...
  • The UN chief applauded the initiative of UAE president in establishing a US$30 billion fund for global climate solutions
  • They also talked on cooperation between the UAE and UN agencies, particularly in supporting world peace and climate action

Bondi shooting responders honoured at Sydney Ashes Test

Sydney, Australia -- England and Australia's cricket teams honoured at the fifth Ashes Test in Sydney on Sunday emergency service...

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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...

Conflicts and related fatalities triple since 2000, fueling extreme poverty: WB

Washington, United States -- Conflicts and related fatalities have more than tripled since the early 2000s, fueling extreme poverty, the...

US Supreme Court curbs power of individual judges to block Trump

In a 6-3 ruling stemming from Trump's bid to end birthright citizenship, the court said nationwide injunctions issued by district...

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Spain PM Sanchez says Gaza in ‘catastrophic situation of genocide’

Spanish Prime Minister Pedro Sanchez on Thursday said Gaza was in a "catastrophic situation of genocide" and urged the European...
  • The comments represent the strongest condemnation to date by the Socialist leader, an outspoken critic of the Israeli offensive in Gaza sparked by Hamas's 2023 attack on Israel
  • Sanchez mentioned a recent human rights review by the bloc's diplomatic service which, he said, addressed "the catastrophic situation of genocide unfolding in Gaza".

WHO delivers its first medical aid to Gaza since March 2

The shipment of supplies, plasma and blood will be distributed among hospitals in the Palestinian territory in the coming days,...
  • Israel imposed a total blockade on the Gaza Strip on March 2. More than two months later, it began allowing some food in, but no other aid items until now.
  • Last week the WHO said only 17 of Gaza's 36 hospitals were minimally to partially functional, with the rest unable to function at all.

Iran strikes damage hard to assess under Israeli military censorship

Such regulations are nothing new in Israel, where any written or visual publication deemed potentially harmful to the loosely defined...
  • But with the recent missile barrages from Iran that managed to breach Israel's vaunted air defenses and kill 28 people, the restrictions were further tightened.
  • Most of the government's communication during the war focused on its military successes, with Prime Minister Benjamin Netanyahu on Tuesday praising a "historic victory" over Iran.