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

AFP’s Gaza bureau significantly damaged in Israeli strike

AFP is the only one of the world's three major international news agencies currently operating a live video feed from...
  • "The consequences of such an attack would have been devastating if the AFP team on the ground had not evacuated the city," said AFP CEO Fabrice Fries.
  • "The location of this bureau is known to everyone and has been pointed out several times over the past few days, precisely to prevent such an attack," said Fries.

Dubai Customs thwarts smuggling at airport, seize drugs

DUBAI, UAE –The Dubai Customs apprehended a traveler arriving from a European country who was trying to smuggle various small...
  • Dubai Customs relies on highly skilled, experienced, and efficient personnel and state-of-the-art inspection and scanning equipment.
  • The seized items included 292 hallucinogenic pills, 5 hallucinogenic stamps, 13.84 grams of hallucinogenic powder, 7.38 grams of crack cocaine.

Palestinian journalist killed in Gaza bombing: network

"Our colleague Mohammed Abu Hatab fell as a martyr along with members of his family in an Israeli bombardment against...
  • Since Israel began bombarding the Gaza Strip, hundreds of Palestinian journalists have had to flee south from Gaza City
  • The Palestinian journalists' union says that 27 of its members have been killed in the territory since October 7

Blinken’s visit to Israel to focus on minimizing civilian casualties

Washington, United States - US Secretary of State Antony Blinken who arrived in Israel today on a diplomatic visit will...
  • Blinken also intends to focus on the future of Gaza post-Hamas, exploring avenues for humanitarian aid to reach the area and strategies to prevent the conflict from spreading
  • The conflict in Gaza, which began when Hamas militants breached the border on October 7, has resulted in a significant loss of life and an escalating humanitarian crisis

Hizbollah chief to break silence on Israel-Hamas war

The border tensions have revived memories of Hizbollah's devastating 2006 war with Israel that killed more than 1,200 people in...
  • After Hamas militants launched an unprecedented October 7 attack on Israel from the Gaza Strip, Lebanon's southern border has seen escalating tit-for-tat exchanges
  • The cross-border attacks heated up Thursday, as Israel responded with a "broad assault" after Hizbollah attacked 19 Israeli positions simultaneously, according to the group

Russian Foreign Ministry specifies conditions for resuming grain deal

Moscow, Russia - Moscow on Thursday reiterated the need to fully implement the provisions of the Russia-UN memorandum for the...
  • The implementation of the grain deal, an agreement on a corridor for ships with Ukrainian grain concluded in July 2022, was terminated on July 17
  • Russian President Vladimir Putin previously noted that the terms of the deal with regard to Russia were not met, despite the efforts of the UN

Firing by Israeli troops kill two shepherds in Lebanon

Beirut, Lebanon - Lebanon's army on Thursday retrieved the bodies of two shepherds killed by Israeli fire, official media said, raising...
  • The two shepherds, aged 20 and 22, had been reported missing on Wednesday as they herded their flock through Wazzani, their home village near the border.
  • "They were found dead after the (Israeli) occupation forces opened fire in their direction," Lebanese state media reported.

Iraq event on ‘regional stability’ adjourned over Gaza war

Baghdad, Iraq - An international summit in Baghdad on "regional stability" planned for late November has been postponed due to the...
  • The event "is postponed until further notice due to the regional events" in the Middle East, said Farhad Alaaldin, an Iraqi official.
  • Alaaldin noted "in particular what is happening in Palestine", referring to war that erupted after the October 7 attacks by Hamas members.

Tunisia’s parliament debates bill criminalizing normalcy with Israel

Tunis, Tunisia - Tunisia's parliament on Thursday began debating a bill that would criminalize any normalization of ties with Israel as...
  • The draft bill defines "normalization" as "recognition of the Zionist entity or the establishment of direct or indirect ties"
  • The legislation was drawn up and approved in late October by a group of lawmakers who back President Kais Saied

Bahrain suspends economic relations with Israel

DUBAI, UAE - Bahrain has recalled its Ambassador from Israel and decided to suspend economic relations with Tel Aviv in...
  • Bahrain took the decision to recall the Kingdom’s Ambassador to Israel back to the country, the Council of Representatives said.
  • It also demanded taking measures to preserve lives of people in the Gaza Strip and other regions of Palestine.

German wheelchair user flies into space, a first

Houston, United States -- A German woman engineer on Saturday became the first wheelchair user to blast into space, taking...

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Tehran readies counter-proposal as Iran-US nuclear talks set to resume Sunday in Muscat

Iran has said it will present a counter-proposal to the latest draft from Washington, which it had criticised for failing...

MENA brief Jun 11: Umrah returns, ADGM surges, Abu Dhabi property market up

China has extended visa-free entry for up to 30 days to citizens of Saudi Arabia, Oman, Kuwait, and Bahrain—boosting bilateral...

Israel deports Greta Thunberg after intercepting Gaza-bound aid boat

Tel Aviv, Israel - Campaigner Greta Thunberg arrived home in Sweden late Tuesday, after Israel detained her and other activists aboard...

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EU removes UAE from ‘high-risk’ money-laundering list, adds Monaco

The European Commission said it added Algeria, Angola, Ivory Coast, Kenya, Laos, Lebanon, Namibia, Nepal and Venezuela, along with Monaco,...
  • In addition to the UAE, it removed Barbados, Gibraltar, Jamaica, Panama, the Philippines, Senegal and Uganda.
  • The moves come after a money-laundering watchdog said in February it had removed the Philippines from its list of countries that face increased monitoring.

Israel says Gaza-bound aid boat activists awaiting deportation after their vessel intercepted

Swedish campaigner Greta Thunberg and other activists detained aboard a Gaza-bound aid boat have been taken to a Tel Aviv...
  • The activist group departed Italy on June 1 aboard the Madleen carrying food and supplies for Gaza, whose entire population the UN has warned is at risk of famine
  • "The passengers of the 'Selfie Yacht' arrived at Ben Gurion Airport to depart from Israel and return to their home countries," the Israeli foreign ministry said on X

Trump warns of decision time as Iran prepares nuclear counter-proposal

In a key sticking point, Iran has insisted on the right to enrich uranium at low levels for civilian use...
  • Trump spoke by telephone with Israeli Prime Minister Benjamin Netanyahu, whose office said the US leader informed that he had made a "reasonable offer" to Iran
  • Netanyahu has threatened to strike the nuclear sites of Iran, whose cleric-run government he sees as Israel's existential enemy, but Trump has said he has held him back