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.

UAE and Jordan sign MoU to boost investment cooperation

Abu Dhabi, UAE--The UAE and Jordan have signed a memorandum of understanding (MoU) to create a framework for investment cooperation...
  • ADQ has entered into a strategic partnership agreement to create a joint investment fund with Jordan Investment Fund
  • The agreement will enable the UAE and Jordan to explore opportunities to boost bilateral investments and enhance both nations’ GDP

Iran urges Muslim nations to suspend trade with Israel

The bombing campaign by Israel in Gaza has killed more than 8,500 people, two-thirds of them women and children, according...
  • "Muslim countries should not cooperate economically with the Zionist regime (Israel)," said Iran's supreme leader Khamenei, calling for a "block on oil and food exports"
  • "The Muslim world must not forget who is putting pressure on the population of Gaza. It's not just about the Zionist regime," he said.

Saudi set to host FIFA World Cup 2034 in either summer or winter

Despite summer temperatures touching 50 degrees Celsius (122 Fahrenheit) in the major cities, Saudi Arabian Football Federation president Yasser al-Misehal...
  • Misehal also indicated that Saudi Arabia intends to push ahead and host the tournament alone, without asking its neighbors to hold any games.
  • That would make Saudi the first country to organize the newly expanded, 48-team World Cup on its own, after the joint hostings in 2026 and 2030.

UN decries ‘latest atrocity’ as Israel strikes refugee camp again

"This is just the latest atrocity to befall the people of Gaza where the fighting has entered an even more...
  • Jordan said it would "immediately" recall its ambassador to Israel in protest against the ongoing Israeli war in Gaza that has killed thousands of people.
  • US Secretary of State Antony Blinken will hold talks in Israel Friday and then visit other regional powers as Washington seeks "urgent mechanisms" to reduce regional tensions.

Phones and internet ‘completely’ shut off across Gaza

Internet and phone networks were completely cut last week but were restored at the weekend. The government of Palestinian fighters...
  • Global network monitor Netblocks confirmed that Gaza "is in the midst of a new internet blackout with high impact to the last remaining major operator, Paltel
  • A journalist in Gaza confirmed the loss of communications, adding that his phone still had signal because he was using an international SIM card

Wounded Gaza residents and foreigners cross into Egypt

The border opening with Egypt provided the first glimmer of hope in the flaring humanitarian crisis in Gaza which the...
  • Egypt announced that the most badly wounded, foreigners, and dual nationals can leave Gaza
  • The bombing campaign has cost the lives of more than 8,500 people, mostly civilians

Israel reports killing of nine soldiers in battle with Hamas fighters

Jerusalem--Nine Israeli soldiers were killed during combat operations in Gaza on Tuesday, the military said, bringing the total number of...
  • In the Gaza Strip, fierce battles between Israeli ground troops and militants have been reported as Israel has pressed its campaign to "crush" Hamas
  • Yoav Gallant, Israeli Defence Minister, said the deaths of the soldiers in battle was "a hard and painful blow," noting the army's "significant achievements"

Bahrain and UK discuss boosting trade, investment ties

London, UK-- Bahrain and the UK have discussed way to boost bilateral cooperation in trade, investment and economic fields between...
  • The foreign minister of Bahrain is on a visit to London to attend the first strategic dialogue between the two countries
  • The two ministers then co-chaired the meeting of the Bahrain-UK joint committee, attended by representatives of the two countries

Bolivia cuts ties with Israel over Gaza strikes

The South American nation also announced it was sending humanitarian aid to Gaza. The leaders of both Colombia and Chile...
  • The government of leftist Luis Arce is the first in Latin America to cut ties with Israel since Israel began bombarding Gaza
  • Hamas hailed Bolivia's decision, saying it "holds it in high esteem" while urging Arab countries to do the same

Houthi missile, drone attacks at Israel create spillover fears

Dubai, UAE - The Houthi movement, which is part of the "Axis of Resistance" supported by Iran, has expressed its...
  • Houthi military spokesperson Yahya Saree announced in a televised statement quoted by Reuters that they had launched a number of ballistic missiles and drones toward Israel
  • Israel's National Security Adviser, Tzachi Hanegbi, described the Houthi attacks as intolerable but did not provide specific details on how Israel might respond

US vows Hamas disarmament in talks on next Gaza phase as regional officials met

US Secretary of State Marco Rubio on Friday urged the disarmament of Hamas but voiced hope for headway on reaching...

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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...

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...

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...

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Israel says to block Gaza-bound aid boat carrying Greta Thunberg

I have instructed the military to prevent the Madleen flotilla from reaching Gaza," Israeli Defense Minister Israel Katz said in...
  • Aboard the boat are nationals of Germany, France, Brazil, Turkey, Sweden, Spain and the Netherlands.
  • In May, another Freedom Flotilla ship, the Conscience, reported coming under drone attack.

How are the 2026 World Cup contenders shaping up?

Only eight countries have won the World Cup in 22 editions up to the most recent tournament in Qatar, when...
  • Of the eight previous World Cups held on the American continent, seven have been won by a South American team.
  • There was a European winner in Brazil in 2014, when Germany edged Argentina in the final.

Money, mining and marine parks: The big issues at UN ocean summit

Nice, France -- France is hosting world leaders this week to confront what the United Nations calls a global "emergency"...
  • There is pressure on the UN Ocean Conference starting Monday in Nice to show that countries can unite and deliver more than just talk for the world's ailing and neglected seas.
  • Several countries are expected to announce the creation of new marine conservation zones within their national waters, though how protected they really are will come under scrutiny