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

Crew of Israel-linked tanker seized off Yemen ‘safe’: US official

A US defence official told a media outlet that an unknown number of "unidentified armed individuals" seized the M/V Central...
  • A US defense official said US and coalition forces responded to the emergency aboard the tanker
  • The Houthis have launched a series of drone and missile strikes targeting Israel since the October 7 attack

Global food-security crisis nudges GCC to look inward

Billions of dollars are being invested into ventures to grow food in the GCC to make the arid, hot region...
  • The region is pouring investments into food manufacturing projects, such as dairy products, meat, poultry, fish, fruits, vegetables, and processed foods
  • The GCC governments have devised measures to support local farmers, with much of the focus on local farms and investments in farms outside the Middle East

Hamas frees more captives in Gaza as truce extension mooted

Hamas released a third group of hostages including a four-year-old American girl with more Palestinian prisoners set to be freed...
  • The exchanges under a four-day ceasefire that started Friday have been the first relief for captives' families.
  • United States President Joe Biden announced that the 13 released included a four-year old American girl..

56% Saudi consumers willing to pay premium for green transportation

Riyadh, Saudi Arabia -- An overwhelming 80 percent of consumers across 16 diverse nations now identify climate change as the...
  • An overwhelming 80 percent of consumers across 16 diverse nations now identify climate change as the foremost global challenge.
  • 60 percent of respondents in Saudi Arabia conveyed their readiness to accept a lower salary if it meant working for an organization committed to reducing its carbon footprint.

Hamas fighters to free more hostages as families reunite

A third group of Israeli hostages will be set free by Hamas fighters in exchange for Palestinian prisoners, a day...
  • Hamas has released 26 Israeli hostages in exchange for 78 Palestinian prisoners
  • It will free a total of 50 hostages during the truce in exchange for 150 Palestinians

Israeli army kills 6 people in West Bank: Palestinian ministry

The West Bank has seen an uptick in violence since the October 7 cross-border attack on Israel by Hamas last...
  • A 25-year-old doctor was killed early in the morning outside his home in Qabatiya, a stronghold of Palestinian armed groups
  • Four people were also killed by Israeli army fire in Jenin, during an incursion by a large number of armored vehicles into the town

UN delivers fresh supply of aid in northern Gaza

Eleven ambulances, three coaches and a flatbed were delivered to Al-Shifa hospital, which had seen heavy fighting in recent days,...
  • The UN said that another 200 trucks had been dispatched to the Gaza Strip from Nitzana, Israel
  • It said that the longer the pause lasts, the more aid humanitarian agencies will be able to send into Gaza

UN peacekeeping patrol in Lebanon hit by Israeli fire

A four-day truce between Israel and Hamas began on Friday, and a source close to Hizbollah told AFP that the...
  • The UN Interim Force in Lebanon said in a statement that a UNIFIL patrol was hit by IDF (Israeli army) gunfire" in the vicinity of Aitarun
  • It added that no peacekeepers were injured, "but the vehicle was damaged," and that "this incident occurred during a period of relative calm"

Thousands march in Canada for Gaza ceasefire

Carrying placards and waving Palestinian flags, thousands of protestors chanted slogans before Canada's Parliament in Ottawa, demanding a permanent ceasefire...
  • The march came after an online petition presented to lawmakers with 286,719 signatures
  • A temporary truce was largely being respected as Israel and Hamas exchanged prisoners

Gaza truce: Hamas, Israel free second group of civilians

The move, part of a broader truce agreement mediated by Qatar and Egypt, saw emotional reunions as families welcomed their...
  • The move, part of a broader truce agreement mediated by Qatar and Egypt, saw emotional reunions as families welcomed their loved ones back.
  • The situation remains tense, with discussions about extending the truce and the potential resumption of conflict by Israeli forces.

Israel to ban 37 organizations operating in Gaza, aid flow under threat

Apart from MSF, some of the 37 NGOs to be hit with the ban are the Norwegian Refugee Council, World...

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Airlines suspend or reduce flights in Middle East after Iran strikes

British Airways cancelled flights between London's Heathrow Airport and Dubai and Doha on Sunday following the US strikes on Iran....

Oil prices seesaw as investors await Iran response to US strikes

US stocks edged higher while European markets retreated and Asian equities were mixed, with markets keeping a close eye on...

Netanyahu says returning Gaza hostages will take ‘a bit more time’

Israeli Prime Minister Benjamin Netanyahu on Sunday insisted gains in the conflict against Iran would help with the country's war...

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UN’s Syria envoy outraged by Damascus church attack

The United Nations special envoy for Syria denounced Sunday's attack on a church in Damascus that killed at least 20...
  • Syria's interior ministry said a member of the Islamic State jihadist group was behind the attack, in which dozens of people were wounded
  • UN envoy Geir Pedersen "condemns in the strongest possible terms the terrorist attack at St. Elias Church... which killed and injured civilians who were attending mass."

Massive US bunker-buster bombs make combat debut in Iran strikes

The US military says the GBU-57 -- also named Massive Ordnance Penetrator -- is designed to penetrate up to 200...
  • The 6.6-meter-long GBU-57 also has a specialized fuse as "you need an explosive that's not going to immediately explode under that much shock and pressure," Dahlgren said.
  • The only aircraft capable of deploying the GBU-57 is the B-2 Spirit, a stealth bomber.

Risk of wider conflict flare up as US claims strikes ‘devastated’ Iran’s nuclear program

Iranian Foreign Minister Abbas Araghchi told reporters in Istanbul the United States and Israel had "crossed a very big red...
  • People gathered in the center of Tehran to protest against US and Israeli attacks, waving flags and chanting slogans, state TV showed.
  • The European Union called on all sides "to step back," while stressing Iran must not be allowed to develop nuclear weapons.