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 confirms Huthis shot down American drone off Yemen

The Huthis -- who seized Yemen's capital Sanaa in 2014 and control large swathes of the country -- claimed the...
  • The Huthis -- who have downed an American drone before -- said the MQ-9 was spying as part of US support for Israel in its war against Hamas
  • Huthis have targeted Israel on multiple occasions in recent weeks, and the US Navy intercepted several missiles fired by the Huthis last month

Participants in Middle East conflict commit war crimes: UN official

Geneva, Switzerland - UN High Commissioner for Human Rights Volker Turk has described hostage-taking by Palestinian armed groups and Israel's...
  • The collective punishment by Israel of Palestinian civilians amounts also to a war crime, as does the forcible evacuation of civilians, Turk said
  • The high commissioner stressed that "even in the context of a 56-year-old occupation, the current situation is the most dangerous in decades

No evacuation from Gaza into Egypt: Hamas official

According to the official, the Rafah crossing point remained closed because Israel refused to approve the list of wounded who...
  • A large crowd of people hoping to cross into Egypt during the day were seen at the crossing
  • Egypt has offered to help evacuate around 7,000 foreigners through the Rafah crossing

Crisis escalates in Gaza as medical supplies dwindle

The humanitarian situation in Gaza reaches a critical point as medical supplies run low and the Al-Awda Hospital faces closure...
  • The humanitarian situation in Gaza reaches a critical point as medical supplies run low and the Al-Awda Hospital faces closure due to a severe fuel shortage.
  • With the international community's eyes upon them, urgent calls for aid and intervention are being made amidst the ongoing Israeli-Palestinian conflict.

Israeli destruction of Gaza housing a war crime: UN expert

A month of Israeli strikes on targets within the Gaza Strip have destroyed or damaged 45 percent of all housing...
  • The UN official said bombardment of housing, civilian objects and infrastructure are strictly prohibited under international law.
  • "Apartment buildings are not military objects. Hospitals and ambulances are not military objects. Refugee camps are not military objects," he said.

Higher global temperatures culprit El Nino could stay till Apr 2024

Geneva, Switzerland - The El Nino weather phenomenon, which triggers higher global temperatures, is expected to last until at least April...
  • El Nino is a naturally occurring climate pattern typically associated with increased heat worldwide, as well as drought in some parts of the world and heavy rains elsewhere
  • The UN's World Meteorological Organization said the current El Nino, which developed rapidly during July-August this year, was likely to peak between now and January

Israel not to attend Macron’s humanitarian event for Gaza in France

Macron had spoken on Tuesday to Israeli Prime Minister Benjamin Netanyahu and the pair will talk again once the aid...
  • Thursday's aid conference has been put together in a hurry on the sidelines of the Paris Peace Forum on November 10-11, an annual event launched by Macron
  • Recent weeks have seen growing calls for humanitarian "pauses" or a full ceasefire to allow aid to enter Gaza and keep hopes alive of freeing the hostages

EU expansion: who’s in and who wants to join?

Founded in 1957, the European Economic Community (later renamed the EU) started out with six members Belgium, France, Italy, Luxembourg,  the Netherlands and West...
  • In 1973, Britain, Denmark and Ireland joined, followed by Greece, Portugal and Spain in the 1980s.
  • In 1995, the bloc began expanding eastwards, admitting Austria, Finland and Sweden in a leap that gave it a shared border with Russia for the first time.

G7 supports ‘pause’ in Gaza war but stops short of calling for ceasefire

"We stress the need for urgent action to address the deteriorating humanitarian crisis in Gaza... we support humanitarian pauses and...
  • Israeli PM Netanyahu said Monday there would be no fuel delivered to Gaza and no ceasefire unless more than 240 hostages seized by Hamas were freed
  • He also said Israel would assume "overall security" in Gaza after the war ended, while allowing for possible "tactical pauses" before then to free captives

Ahead of likely Xi-Biden summit, China says ready to improve ties with US

Both sides appear willing to patch things up, with Washington sending a number of top officials to Beijing this year...
  • Chinese Vice President Han Zheng said recent high-level meetings between Beijing and Washington were sending "positive signals" that relations were improving
  • Relations between Washington and Beijing sunk to some of their deepest lows in recent years over a host of issues including export controls, human rights and national security

Ex-Israeli PM accuses Netanyahu of ‘treason’ over alleged Qatar funding to his aides

Former Israeli premier Naftali Bennett, widely regarded as a leading contender in next year's legislative elections, called on Monday for...

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Israel warns ‘Tehran will burn’ after wave of Iranian missile fire hit Tel Aviv

Following decades of enmity and conflict by proxy, it is the first time that Israel and Iran have traded fire...

MENA Brief June 14: Iran-Israel War, Abu Dhabi Summit, Saudi Football Rise, & More

Tensions spiked as Iran fired ballistic missiles at Israel in retaliation for Israeli air raids that killed senior Iranian military...

UN conference on Palestinian statehood delayed: Macron

Paris, France - French President Emmanuel Macron said on Friday that next week's UN conference on a two-state solution for...

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US judge extends detention of pro-Palestinian protest leader

Pro-Palestinian student protest leader Mahmoud Khalil remained in US detention Friday despite an expected release, his lawyer said, following reported...
  • US District Judge Michael Fabiarz had issued an order Wednesday that the government could not detain or deport Khalil, a legal permanent resident
  • But by Friday afternoon, the Trump administration "represented that the Petitioner is being detained on another, second charge," the judge wrote

Iran fires back at Israel after onslaught targets nuclear facilities

Air raids sirens and explosions rang out across Israel after Prime Minister Benjamin Netanyahu took to the airwaves to warn...
  • Air raids sirens and explosions rang out across Israel after Prime Minister Benjamin Netanyahu took to the airwaves to warn he expected "several waves of Iranian attacks."
  • Smoke could later be seen billowing above the skyscrapers in downtown Tel Aviv, an AFP journalist reported, as Iran's Revolutionary Guard said it had attacked dozens of targets

Nations advance ocean protection, vow to defend seabed

UN Ocean Conference wrapped up Friday with world leaders taking major steps toward marine protection and vowing a showdown when...
  • The summit was just the third -- and largest yet -- dedicated entirely to what the United Nations calls an "emergency" in the world's oceans.
  • More than 60 heads of state and government joined thousands of business leaders, scientists and environmental campaigners over five days in the southern city of Nice.