Geostrategy

Air Arabia profit falls

Revenue rises despite regional cost pressures

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.

Putin revokes Russia’s ratification of Nuclear Test Ban Treaty

During parliamentary hearings, State Duma speaker Vyacheslav Volodin said the move to revoke the treaty was a response to the...
  • The 1996 treaty outlaws all nuclear explosions, including live tests of nuclear weapons, though it never came into force.
  • The West has accused Russia of using reckless nuclear rhetoric since it launched its offensive on Ukraine last February.

US sanctions Turkey, China, UAE entities to disrupt Russia war

"Russia is dependent on willing third-country individuals and entities to resupply its military and perpetuate its heinous war against Ukraine...
  • The latest sanctions involve 130 new targets. Among them are Turkish national Berk Turken for his role in a procurement network with ties to Russian intelligence services
  • A UAE-based network has been sanctioned for alleged involvement in Russian illicit finance, the department said.

Political and tech leaders tackle AI safety at inaugural summit

London, United Kingdom – UK Prime Minister Rishi Sunak on Thursday hosts political and tech leaders at the inaugural global...
  • The United Kingdom, the United States, the European Union and China have agreed to cooperate to ensure the safe use and deployment of AI technologies.
  • The summit identified an agenda of three key points: identifying risks, building risk-based policies in different countries.

Egypt says to help evacuate ‘about 7,000’ Gaza foreign nationals

For the first time after weeks of deadly fighting between Israel and Palestinian militants since the Hamas attacks of October...
  • Egyptian officials said 76 wounded Palestinians and 335 foreign passport holders had crossed into Egypt on Wednesday
  • Among those who crossed were 31 Austrians, four Italians, five French nationals and some Germans, their governments said

Biden voices support for humanitarian ‘pause’ in Israel-Hamas war

The 80-year-old Democrat was delivering remarks to some 200 supporters in the northern US state when a member of the...
  • "I think we need a pause. A pause means giving time to get the prisoners out", Biden responded to a Jewish Rabbi who asked him to call for ceasefire
  • Asked about Joe Biden's remarks, the White House later clarified that by "prisoners" the president was referring to hostages held by Hamas

195 die in Israel strikes on Gaza camp, hundreds wounded

The Hamas government in Gaza said that 195 people had been killed in Israeli strikes this week on Jabalia refugee...
  • Ambulances were set to rush several dozen patients to Egyptian hospitals, and about 400 foreigners or dual nationals were expected to escape.
  • Egypt said that eventually it hoped to help evacuate 7,000 foreigners from over 60 countries from the densely crowded territory of 2.4 million people.

More than 20,000 wounded people still in Gaza: MSF

The MSF pleaded that the people who plan to leave Gaza must be allowed "without further delay" and should also...
  • According to Gaza's Hamas-run health ministry, the bombing campaign has killed 8,796 people
  • The UN and aid groups have sounded the alarm on the catastrophic humanitarian situation inside Gaza

Israeli Prime Minister orders hunt for Hamas leaders: Seymour Hersh

New York, United States - Israeli Prime Minister Benjamin Netanyahu reportedly ordered Israeli intelligence agencies to track and assassinate all...
  • Hersh claims that, based on information from a "well-informed Israeli," Netanyahu tasked intelligence agencies with a mission to eliminate Hamas leaders
  • The directive is said to extend to the families of Hamas political and military leaders, including their spouses, siblings, children, and parents

Saudi defense minister meets Blinken, Lloyd over Gaza war

Washington, United States - Saudi Minister of Defense, Prince Khalid bin Salman bin Abdulaziz met the US Secretary of State...
  • The focus of the meeting with Blinken was the ongoing Israeli-Palestine conflict, with discussions centered on joint efforts and coordination to de-escalate
  • Prince Khalid also met Austin at the Pentagon and discussions focused on bilateral affairs and the situation in Middle East

Middle East conflict alters regional energy dynamics

Chevron's Tamar gas field halt, rising global oil prices, and jeopardized gas supplies to Egypt and Jordan underscore the impact...
  • Chevron's Tamar gas field halt, rising global oil prices, and jeopardized gas supplies to Egypt and Jordan underscore the impact of geopolitics on energy security.
  • Achieving peace in the Middle East region is crucial, not just for the well-being of its people but also for maintaining global economic stability and energy security.

Zelensky says US mooted direct Ukraine-Russia talks on ending war in Miami

Ukrainian President Volodymyr Zelensky said on Saturday that Washington had proposed the first face-to-face negotiations between Ukraine and Russia in...

Company News

Latest News

‘What wrong did he do?’ Gaza family mourn three-year-old shot dead

Gazan mother Amal Abu Shalouf ran her hand over her son's face and hair, a brief farewell before a man...

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,...

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...

Most Read

NATO learns as Ukraine’s Operation Spider’s web changes battlefield: NATO Commander

Brussels, Belgium - Ukraine's "creativity", including its massive "Spider's web" drone attack deep inside Russia, holds profound lessons for Western...
  • Vandier said the operation showed how crucial innovation and adaptation were for victory, as modern warfare changes at lightning speed
  • "We are entering a dynamic era where armies must rely on both major planning but also adaptive planning," the navy commander said

Israel says Gaza-bound activist boat carrying Greta Thunberg redirected

The Madleen departed from Italy on June 1 to bring awareness to food shortages in Gaza, which the United Nations...
  • In a statement, the coalition said the Israeli military intercepted the Madleen around 3:02 am CET (0102 GMT) just off the coast of Gaza
  • Israel's foreign ministry said it had redirected the boat towards Israeli shores, and expected those onboard to return to their home countries

Iran says no sanctions relief in US nuclear proposal

Tehran, Iran -- Iran's parliament speaker said on Sunday that the latest US proposal for a nuclear deal does not...
  • Parliament speaker Mohammad Bagher Ghalibaf called it a sign of dishonesty, accusing the Americans of seeking to impose a "unilateral" agreement that Tehran would not accept.
  • "The delusional US president should know better and change his approach if he is really looking for a deal," Ghalibaf said.