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

UN flag at half mast in remembrance of 100 staff killed in Gaza

In Geneva, the second-largest UN headquarters after New York, the UN flag on Monday flew at half-mast and none of...
  • The blue and white United Nations flag was first lowered at 9:30 am local time at offices in Bangkok, Tokyo and Beijing, and later, other UN offices followed suit
  • The UN agency for supporting Palestinian refugees (UNRWA) announced on Friday that 101 of its employees had died in the Gaza Strip since the war erupted

US strikes Iran-linked locations in eastern Syria

US Defense Secretary Lloyd Austin said that his country's forces carried out precision strikes on facilities in Syria used by...
  • Austin said the strikes were conducted against a training facility and a safe house
  • There are nearly 2,500 American troops based in Iraq and some 900 in Syria

Netanyahu tells NBC ‘there could be’ potential deal to free hostages

"We heard that there was an impending deal of this kind or of that kind and then we learned that...
  • But he stopped short of providing specifics about any plan that might be coming together to free some or all of the 239 hostages that Israel says are being held captive.
  • A source close to Hamas said this week that negotiations have occurred over a possible three-day ceasefire in exchange for the release of a dozen hostages.

Erdogan calls for pressure on US to stop Israel’s Gaza onslaught

Erdogan returned from a summit on Saturday of Arab and Muslim leaders in the Saudi capital Riyadh, which condemned Israeli...
  • "The most important country that needs to be involved is the United States, which has influence on Israel," Erdogan said. But he said he would not call Biden.
  • "We cannot agree with Biden if he approaches (the conflict) by seeing Gaza as the land of occupying settlers or Israel, rather than the land of the Palestinian people," he said.

Wall Street, Hollywood billionaires plan $50m anti-Hamas campaign

Real-estate tycoon Barry Sternlicht has initiated this campaign and sought $1million donations from various affluent business figures, including David Geffen...
  • News website Semafor reported that Sternlicht expressed concern about the potential shift in public opinion against Israel due to the portrayal of Palestinian civilian suffering.
  • The funds will be used for a media blitz to define Hamas as an enemy not only of Israel but also of the United States, the report said.

Gazans fleeing devastating Israeli bombing live in dust, fear and hunger

Perched on trucks, crammed into cars, pulled by donkeys on carts, and on foot, tens of thousands of Palestinians are...
  • In southern Gaza, overflowing with displaced from the north, rents of $150 a month are now up to $500 to $1000.
  • Before the war, a little over 80 per cent of Gazans lived in poverty and almost two-thirds were dependent on international aid, especially for food, according to the UN.

Algeria names new prime minister one year from elections

Algerian news website TSA said the change came after Tebboune publicly criticised "the management of tensions connected to the availability...
  • Tebboune named Ennadir Larbaoui, currently serving as director of the presidential cabinet, to replace PM Aimene Benabderrahmane
  • The nomination of Larbaoui, 74, came just over a year before presidential elections due to be held in December 2024

Concern grows for thousands trapped in Gaza hospital

Crowds of people have crammed into the corridors of Al-Shifa to escape the fighting in Gaza between Israel and Hamas,...
  • OCHA said Israeli bombardments around hospitals in Gaza City intensified on Friday
  • MSF denounced the intense battles as the "death warrant of civilians currently trapped in Al-Shifa hospital"

Ukraine officer had key role in Nord Stream sabotage: reports

Mystery has surrounded who was behind the blasts that damaged the pipelines, cutting off a major route for Russian gas...
  • A joint investigation by The Washington Post newspaper and German outlet Der Spiegel singles out Roman Chervinsky who served in Ukraine's Special Operations Forces
  • He oversaw logistics and support for a six-person team, which rented sailing boat using false identities and diving equipment to place explosive charges on pipelines, said reports

Gaza’s post-war governance uncertain as war rages

Israeli Prime Minister Benjamin Netanyahu, who has long sought to sideline the PA, on Wednesday told Fox News his country does...
  • Antony Blinken said late last month that the Palestinian Authority should retake control of the Gaza Strip from Hamas
  • Hamas leader Osama Hamdan said the group will not accept a puppet government in Gaza and will remain in the territory

Iran Guards seize foreign-crewed oil tanker in Gulf: state media

Iran's Revolutionary Guards on Wednesday seized an oil tanker in the Gulf carrying more than a dozen foreign crew members,...

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France shuts Israeli weapons industry booths at Paris Air Show

The decision added drama to the major aerospace industry event, which was already under the shadow of last week's deadly...

Netanyahu sees Gaza hostage release ‘opening’, orders talks

Israeli Prime Minister Benjamin Netanyahu said Sunday he ordered negotiators to "advance" talks on releasing hostages held in Gaza, after...

Iran tells mediators it won’t negotiate ‘while under attack’: official

Mediators Qatar and Oman were told by Iran that Tehran "will not negotiate while under attack", an official briefed on...

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Israel pounds Iran from west to east in deepest strikes yet, Tehran police headquarters hit

Israel's military said its air force hit Mashhad airport in Iran's far east, making it the longest-range strike of the...
  • With no let-up in sight, Iran said it would begin opening mosques, metro stations and schools to serve as makeshift bomb shelters for civilians.
  • As Israel targeted sites across the Islamic republic, Iran launched a barrage of missiles aimed at Israel in the afternoon, setting off air raid sirens in Jerusalem and elsewhere.

Trump pocketed over $57 mn from crypto coin sales

New York, United States -- US President Donald Trump pocketed more than $57 million from token sales by the crypto...
  • Federal financial disclosure forms released by the White House list the US president's holdings including stocks, dividends, real estate and investment portfolios.
  • Once hostile to the crypto industry, Trump has since returning to power enthusiastically embraced the sector, taking significant steps to clear regulatory hurdles.

‘Nothing left’: Israelis grapple with damage from Iran strike

Bat Yam, Israel -- A shocked Julia Zilbergoltz said she had never experienced anything like the Iranian missile strike that...
  • In Israel's north, four people were killed earlier when a strike hit the town of Tamra, taking to 13 the death toll in the country since the start of the attacks began on Friday.
  • Israeli television channels broadcast footage of devastation from four sites where missiles struck in the early hours of Sunday.