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

Latest developments in Israel-Hamas war

Jerusalem -  Plans to release another group of Israeli hostages in exchange for Palestinian prisoners suffered a setback on Saturday,...
  • Hamas is expected to free a total of 50 hostages in exchange for 150 Palestinian prisoners in Israel, under a deal brokered by Qatar, Egypt and the US.
  • About 215 hostages are still held in Gaza, the Israeli army has said, adding however that in many cases it is unknown if they are alive or dead.

Hamas postpones hostage release until Israel sticks to ‘terms of agreement’

Hamas said that it was delaying the release of a second group of Israeli hostages in exchange for Palestinian prisoners...
  • A video released by Hamas showed masked fighters with the green headband of the armed wing, handing hostages over to the Red Cross.
  • Israel released 39 Palestinian women and children from its prisons under an agreement that mandates exchanges at a ratio of three to one.

Every industry should be held accountable on climate, says COP28 president

Paris, France - The president of a pivotal UN climate summit defended on Saturday the large presence of industry representatives at...
  • "Everyone needs to be part of this process and everyone needs to be held responsible and everyone needs to be held accountable," COP28 president Sultan Al Jaber said
  • "That includes all industries and in particular heavy emitting industries like aviation, transportation, aluminum, cement, steel, as well as the oil and gas industry," he added

US says Iran hit Israeli cargo ship in Indian Ocean

An Israeli-owned cargo ship was damaged in a suspected drone attack by Iran's Islamic Revolutionary Guard Corps in the Indian...
  • Maritime security company Ambrey said the ship was reportedly damaged when the unmanned aerial vehicle exploded close to it.
  • The reported attack comes almost a week after Yemen's Iran-backed Houthi rebels seized an Israel-linked cargo ship in the southern Red Sea.

9 civilians killed in Syrian army attack, says war monitor

Syrian government bombardment killed nine civilians including six children as they harvested olives in northwestern Idlib province, the country's last...
  • Hayat Tahrir al-Sham (HTS), led by Al-Qaeda's former Syria branch, controls swathes of Idlib province.
  • HTS is considered a terrorist group by Damascus, as well as by the United States and United Nations.

ADB plans to invest US$100bn to maximize climate impact

MANILA, PHILIPPINES - Setting the scene for a low-carbon and climate-resilient Asia and the Pacific, the Asian Development Bank (ADB)...
  • By 2030, more than 55 percent of the population of Asia and the Pacific will live in urban areas, driving up demand for urban-related services.
  • If urban areas continue along the same growth trajectory, Asian cities could contribute over half of the rise in global GHG emissions in the next 20 years.

WHO expresses concern over fate of Gaza hospital chief

The WHO said the head of the biggest hospital in Gaza was arrested on Wednesday along with five other health...
  • The WHO urged for their legal and human rights to be "fully observed during their detention"
  • According to the UN agency, it has carried out three missions to Al-Shifa in the space of a week

Hamas leader Ismail Haniyeh terms Gaza ceasefire ‘political victory’

Dubai, UAE--Senior Hamas leader Ismail Haniyeh has called the ceasefire in the Gaza Strip a political victory at a meeting...
  • The Hamas leader said the ceasefire amounts to a political victory because of the success of the resistance forces on the ground
  • The Iranian foreign minister said that despite Israel's aggressive military action it had failed to destroy Hamas and had to negotiate with it

Egypt’s president calls for recognition of Palestinian state

Speaking at a joint press conference with with the prime ministers of Spain and Belgium in Cairo, Sisi said revival...
  • The president's remarks come on the first day of the four-day truce between Israel and Hamas
  • Israel's aerial and ground offensive in the Gaza Strip has left 14,854 Palestinians dead

For a diaspora soccer club in Chile, ‘Palestine exists’

Santiago, Chile - Thousands of miles from the Middle East, in a stadium in Santiago, Chile, the nation of Palestine exists,...
  • A banner reading "In memory of those who are no longer with us" was displayed in the stands, where a section of seats was left empty to represent the dead
  • Chile is home to the largest Palestinian community outside the Arab world, with the first immigrants arriving from Bethlehem, Beit Jala and Beit Sahour

“Hell to pay”: Trump warns Hamas after Netanyahu talks, threatens Iran with fresh strikes

US President Donald Trump warned Iran of fresh strikes and said Hamas would have "hell to pay" if it fails...

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Iran threatens US bases in response to strikes on nuclear sites

Iran on Sunday threatened US bases in the Middle East after massive air strikes that Washington said had destroyed Tehran's...

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...

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...

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Saudi says ‘no radioactive effects’ detected, more US embassy staff leaves Iraq

"No radioactive effects were detected on the environment of the Kingdom and the Arab Gulf states as a result of...
  • Kuwait's National Guard also posted on X that "radiation levels in Kuwait's airspace and waters are stable and the situation is normal".
  • More personnel from the United States diplomatic mission departed Iraq over the weekend as part of ongoing efforts to reduce embassy staffing due to "regional tensions".

US attacks three key Iranian nuclear facilities, mega bombs likely used in strikes

Trump called on Iran to "agree to end this war," saying that "now is the time for peace." But it...
  • Trump said the United States struck three main Iranian nuclear sites: Fordo, Natanz and Isfahan, with the former being hit with a "full payload of bombs."
  • Natanz was Iran's main uranium enrichment site, with nearly 70 cascades of centrifuges at its two enrichment plants, while a uranium conversion facility.

Iran-Israel war must not become refugee crisis: United Nations

UNHCR, the UN's refugee agency, said the intensity of the attacks between the two sides was already triggering population movements...
  • Strikes in Israel had caused people to seek shelter elsewhere in the country and in some cases abroad.
  • Iran hosts the largest number of refugees in the world -- around 3.5 million -- most of them from Afghanistan.