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

No deal between Israel and Hamas on hostages: US

The Washington Post, citing unnamed sources, said all parties would halt combat operations for at least five days while some...
  • A White House official said they were continuing to work hard to get to a deal
  • Times of Israel quoted PM Benjamin Netanyahu as saying that "as of now there is no deal"

Gaza, West Bank should be ‘reunited’ under Palestinian Authority: Biden

Israel's top ally Washington has given its full backing to the country's response to the October 7 shock attack by...
  • "A two-state solution is the only way to ensure the long-term security of both the Israeli and Palestinian people", Joe Biden wrote
  • Netanyahu did not reject Biden's plan, but said the Palestinian Authority "in its current form is not capable of receiving responsibility for Gaza

‘Significant’ pause in Gaza war if hostages freed: US official

The White House said Biden and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani discussed "the urgent need for all hostages...
  • Brett McGurk said there will be a surge in humanitarian relief once hostages are released
  • Jordan's FM said it was "unacceptable" to link humanitarian pauses to release of hostages

War in Gaza represents serious setback for efforts to reduce tension: Gargash

Manama, Bahrain-- The ongoing war in Gaza represents a serious setback for the efforts to reduce tension in the region...
  • The diplomatic adviser to the UAE president expressed concern that the violence in the Gaza Strip will only fuel further extremism and instability in the region
  • He said a two-state solution is the only "viable path" to peace for both the Palestinian and Israeli peoples, and it demands strong and sustained international participation

WHO calls Gaza’s Al-Shifa hospital death zone

The UN health agency said that it led an assessment mission to the hospital and determined it was a "death...
  • The team could only spend an hour inside the hospital due to the security situation
  • WHO said that there were 32 babies in the hospital "in extremely critical condition"

GCC leads in climate action despite fossil fuel reliance

The UAE, Saudi Arabia, and Qatar outperform 17 other countries in key areas of green investment, sustainable infrastructure, and energy...
  • The UAE, Saudi Arabia, and Qatar outperform 17 other countries in key areas of green investment, sustainable infrastructure, and energy transition, says a report.
  • Leading the green transformation is the UAE, which has been proactively funding a variety of clean energy projects, including solar, wind, and nuclear energy.

EU chief says union against ‘forced displacement’ of Palestinians

Cairo, Egypt - European Commission President Ursula von der Leyen on Saturday said she was opposed to the "forced displacement of...
  • Visiting Egypt, Von der Leyen "thanked Egypt for its key role in providing and facilitating humanitarian aid to vulnerable Palestinians"
  • She discussed with Egyptian president "the ongoing humanitarian crisis in Gaza" and a "political horizon based on a two-state solution"

Manama Dialogue helps in addressing political, security challenges, says GCC

MANAMA, BAHRAIN – Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi has said that the hosting of...
  • The conference brings together global senior officials and experts to exchange ideas and theories about common challenges.
  • It will help in understanding and analyzing issues, promoting security, peace, prosperity and supporting sustainable development.

Palestinian refugees in Lebanon fear for their families in Gaza

Beirut, Lebanon - In a ramshackle Palestinian refugee camp here, Hayat Shehadeh wrings her hands as she watches the Israel-Hamas war....
  • In her Lebanon's refugee camp, Palestinian Fatima al-Ashwah, 61, is glued to television, praying her family members in Gaza are not among those being pulled dead from the rubble.
  • Fighting back tears, she recounted how she had visited Gaza in July, and how the family greeted her and another relative with drums and dancing in celebration at the Rafah crossing

Hundreds flee as Gaza’s main hospital evacuated

Hundreds of people fled after Israel's army ordered the evacuation of Gaza's main hospital where over 2,000 people were trapped...
  • Israel has been pressing military operations inside the hospital, searching for the Hamas operations center it says lies under the sprawling complex.
  • Israel has vowed to destroy Hamas in response to the October 7 attacks which Israeli officials say killed about 1,200 people, most of them civilians.

Saudi-led coalition warns of intervention against Yemen separatists

The statements came a day after reported Saudi airstrikes on separatist positions in Yemen's Hadramawt province — and after Washington...

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European, Iranian diplomats to meet as Trump mulls joining Israel campaign

Iranian Foreign Minister Abbas Araghchi will meet with his French, German, British and EU counterparts in Geneva on Friday to...

21 Palestinians waiting for aid among 72 killed by Israeli forces in Gaza

Civil defense spokesman Mahmud Bassal told AFP that six people were killed while waiting for aid in the southern Gaza...

MENA Brief | June 19: GCC central banks hold interest rates steady, Diriyah House launched in London

As most currencies in the region are pegged to the US dollar, monetary policy follows the decisions taken in Washington,...

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Syrians watch Iran-Israel crossfire as government stays silent

For days, Syrians have watched as Iranian missiles and Israeli interceptors light up the skies over their territory, but the...
  • Iran was one of former ruler Bashar al-Assad's biggest backers, playing a crucial role in propping up his government by providing military advisers and the support of affiliated ar
  • Israel, meanwhile, has occupied the Golan Heights since seizing it from Syria in 1967, and has kept troops in a UN-patrolled buffer zone there since December

Trump weighs involvement as Israel launches fresh strikes on Iran

The White House said Trump would receive an intelligence briefing on Thursday, a US holiday and top US diplomat Marco...
  • As the war entered its seventh day, Israel's military said it was striking Tehran and other parts of Iran, but all eyes were on whether Washington would enter the fray
  • Iran's supreme leader Khamenei meanwhile rejected Trump's demand for an "unconditional surrender", despite claims from the US leader that "Iran's got a lot of trouble."

Khamenei vows Iran will never surrender, warns US of ‘irreparable damage’

Khamenei's speech came six days into the conflict, with US president Donald Trump saying he may or may not intervene...
  • Khamenei, in power since 1989 and the final arbiter of all matters of state in Iran, had earlier vowed the country would show "no mercy" towards Israel's leaders.
  • Israel's Defence Minister Israel Katz said air force jets had destroyed Iran's internal security headquarters after the army announced it was striking military targets in Tehran.