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

US military plane crashes in Mediterranean training ‘mishap’

US EUCOM did not specify the type of plane or where it was flying from, but the US has deployed...
  • The statement said that the aircraft sortie was purely related to training and "there are no indications of hostile activity"
  • Israel's military responded with a relentless air, land and naval assault on Gaza, leaving more than 11,000 people dead

France rallies for Gaza, demanding ceasefire

Pleading for an end to Israel's war on the Gaza Strip, thousands of pro-Palestine supporters took to streets in Paris...
  • Similar ceasefire rallies also took place in other French towns including Marseille, Toulouse, Rennes and Bordeaux
  • Manuel Bompard, one of the coordinators in Marseille, said the mobilization is essential in the face of massacres

Arab, Islamic leaders seek end to Israeli aggression

The Joint Arab Islamic Extraordinary Summit, held in Riyadh calls for an immediate ceasefire and the establishment of a just...
  • The Joint Arab Islamic Extraordinary Summit, held in Riyadh calls for an immediate ceasefire and the establishment of a just and lasting peace based on a two-state solution.
  • Leaders from the Arab and Islamic world jointly call for the protection of Palestinian civilians, emphasizing the centrality of the Palestinian cause in regional stability.

Arab, Muslim leaders summit condemns Israel over Gaza offensive

Arab and Muslim leaders condemned Israeli forces' "barbaric" actions in Gaza but declined to approve punitive economic and political steps...
  • The summit took place against a backdrop of widespread anger in the Middle East and beyond over Israel's aerial and ground offensive in Gaza.
  • Israel's offensive in Gaza killed over 11,000 people, mostly civilians and many of them children, according to the Hamas-run health ministry.

Russia spreading disinformation on Middle East situation, says Microsoft

Paris, France - Russia has been spreading "disinformation" about the situation in the Middle East, the president of Microsoft said on...
  • Brad Smith, Microsoft vice chair and president, was asked about the role of the US tech giant in promoting peace at an international peace forum in Paris.
  • The president of tech giant said that Microsoft and its competitors were fighting against disinformation, in particular by using Artificial Intelligence (AI).

Saudi to host joint Arab-Islamic summit on Gaza crisis

Riyadh, Saudi Arabia - Saudi Foreign Ministry said on Saturday that the Kingdom will hold a joint Arab Islamic extraordinary...
  • Saudi ministry said It was decided to hold a ‘Joint Arab Islamic Extraordinary Summit’ in an exceptional manner on November 11.
  • Earlier, ‘extraordinary session of the Arab Summit’ and the ‘Extraordinary Islamic Summit’ were scheduled to be held on the same date.

Israel faces global calls to protect civilians in Gaza

The suffering and death in Gaza has prompted growing calls for a halt in five weeks of fighting in order...
  • The Gaza health ministry says Israeli fighting has killed more than 11,000 people, also mostly civilians and many of them children
  • Almost 1.6 million people have been internally displaced since October 7, the UN agency for Palestinian refugees (UNRWA) said

Israeli bombing leaves Gaza with no safe zones, says Russia to UN

New York, USA - There are no safe zones left in Gaza amid Israeli strikes, Russian Permanent Representative to the...
  • "(Israel’s) deliberate strikes on civilian facilities are a blatant violation of international humanitarian law," said Russian envoy to the UN.
  • The Israel Defense Forces (IDF) meanwhile reported that the Israeli military has taken control of 11 military posts of the Palestinian group Hamas.

French president urges Israel to stop bombing Gaza civilians

Emmanuel Macron, speaking to the BBC, cited examples of "these babies, these ladies, these old people" in urging Israel to...
  • Macron said the killings in Gaza by Israel was creating "resentment and bad feelings" in the Middle East
  • More than 11,000 people, mainly civilians, have been killed in Israel's air and ground assault

Saudi-African Summit calls for peace in Middle East

The Summit held in Riyadh emphasizes resolving the Palestinian-Israeli conflict, urging international pressure on Israel for peace and addressing Gaza's...
  • The Summit in Riyadh emphasizes resolving the Palestinian-Israeli conflict, urging international pressure on Israel for peace and addressing Gaza's humanitarian crisis.
  • Marking a significant step in Saudi-African relations, Riyadh Declaration vows to enhance cooperation across defense, economic, cultural, and environmental sectors.

Israel to invest $110 billion over the next decade to develop its own independent arms industry

Prime Minister Benjamin Netanyahu said Wednesday that Israel would invest $110 billion over the next decade to develop its own...

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Trump due in Canada as G7 confronts Israel-Iran crisis, may consider joint stance

Trump has praised Israel's strikes, noting it used US weapons, even though Prime Minister Benjamin Netanyahu defied his public calls...

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...

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...

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Tens of thousands dressed in red rally in Dutch protest for Gaza

Rights groups such as Amnesty International and Oxfam organized the demonstration through the city to the International Court of Justice,...
  • "More than 150,000 people here dressed in red just want concrete sanctions to stop the genocide in Gaza," said Michiel Servaes, director of Oxfam Novib.
  • A previous protest in The Hague on May 18 drew more than 100,000 people, according to organizers, who described it as the country's largest demonstration in 20 years.

MENA brief Jun 15: Erdogan warns of ‘devastating war’, Gaza internet restored

Iran announced it will scale back cooperation with the International Atomic Energy Agency (IAEA), expressing deep dissatisfaction over what it...
  • With strategic ties to both Iran and the United States, Baghdad is engaging both capitals in a bid to maintain its neutral stance.
  • The UAE's Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan has engaged in telephone diplomacy with several counterparts, focusing on regional de-escalation.

8 killed in overnight strikes on Israel, Iran’s defense headquarters hit

In the central region, at least four people, including a 10-year-old boy, were killed and around 100 others wounded in...
  • In the central region, at least four people, including a 10-year-old boy, were killed and around 100 others wounded in a rocket strike.
  • An MDA spokesman told Israeli broadcaster Channel 12 that around 200 people were wounded in overnight missile strikes fired by Iran.