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.

Israeli settler kills a Palestinian in West Bank

Nablus, Palestinian Territories - One Palestinian was killed on Saturday by an Israeli settler near the northern city of Nablus in...
  • Bilal Abu Salah, 40, was "shot in the chest by a settler" in the village of Sawiya near Nablus, a Palestinian health ministry statement said.
  • An official told AFP that Abu Salah was killed while he was harvesting olives with other members of his family.

Scene is worse than an earthquake, say residents as Israel hammers Gaza

After air strikes and artillery fire rained down for hours overnight, much of the Gaza Strip has become an indistinguishable...
  • The destruction followed an announcement from the Israeli military that its forces had expanded operations in Gaza.
  • A food rations distribution center in Gaza run by the UN agency for Palestinian refugees was looted.

Hamas seeks to let go Russian-Israeli hostages, says Russian media

Hamas is trying to locate eight Russian-Israeli dual citizens among nearly 230 taken hostage during its members' attack on Israel...
  • "From the Russian side, via the foreign ministry, we received a list of citizens that have dual citizenship," senior Hamas representative Moussa Abu Marzook said.
  • The Kremlin admitted earlier this week it had not succeeded in freeing Russian hostages and that it did not know how many of its citizens had been taken.

Iran, Russia to invest $38bn in developing INSTC

TEHRAN, IRAN – The Iranian head of Solyanka Port in Russia said that the International North-South Transport Corridor (INSTC) is a...
  • The Iranian head of Solyanka Port spoke of the measures taken by the Islamic Republic of Iran Shipping Line (IRISL ) to develop the INSTC route.
  • The IRISL group purchased 30 rail wagons, 5,400 containers and ordered the construction of 21 equipped vessels for strengthening maritime routes.

32 killed in fire at ArcelorMittal mine in Kazakhstan

KARAGANDA, KAZAKHSTAN - A fire at a mine in Kazakhstan owed by steel giant ArcelorMittal killed 32 people on Saturday, with...
  • The fire was Kazakhstan's worst mining accident since 2006, when 41 miners died at an ArcelorMittal site.
  • The company said 252 miners have been brought out from underground and that rescue operations were ongoing.

Skirmishes on Israel-Lebanon border displace thousands

The International Organization for Migration said in an update that 28,965 people have been displaced, mainly in the country's south,...
  • Many displaced people are living in makeshift shelters in the southern Lebanon's larger towns
  • Some 58 people have been killed in the cross-border exchanges of fire, most of them Hizbollah fighters

US, China agree to work towards Biden-Xi meeting next month

With the Israel-Hamas conflict raging in the Middle East, Biden also "underscored that the United States and China must work...
  • Biden has invited Xi Jinping to San Francisco in November for the Asia-Pacific Economic Cooperation (APEC) summit, amid tense relations with China
  • A senior administration official said the White House was leaving it to Beijing to confirm that Xi would come but "we are making preparations for just such a meeting."

US supports ‘humanitarian pauses’ to let aid into Gaza

White House National Security Council spokesman John Kirby said the US supports pauses in Israel's war against Hamas in order...
  • His comments came after EU leaders demanded "humanitarian corridors and pauses" in the conflict
  • In the meantime the Israeli army said it would extend ground operations in the Gaza Strip on Friday

AI revolutionizes real estate across GCC countries

Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler...
  • Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler CEO Sam Singh tells TRENDS.
  • AI helps tenants find perfect homes, introducing dynamic pricing based on various factors, while data privacy concerns persist in its real estate integration, he adds.

UN raises war crimes concerns over Israel-Hamas conflict

The United Nations said it was concerned that war crimes were being committed on both sides in the conflict between...
  • Israel has cut supplies of food, water and power to Gaza, notably blocking all deliveries of fuel saying it would be exploited by Hamas.
  • The UN official said a humanitarian catastrophe was unfolding for the people "locked inside Gaza who are being collectively punished.

US, Qatar, Turkey, Egypt to hold talks on next phase of Gaza truce in Miami

Under the second stage, Israel is supposed to withdraw from its positions in Gaza, an interim authority is to govern...

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France opens ‘complicity in genocide’ probes over blocked Gaza aid

Paris, France -- French anti-terror prosecutors have opened probes into "complicity in genocide" and "incitement to genocide" after French-Israelis allegedly...

Saudi, Egypt, UAE drive strategic moves across sectors and borders

Saudi Arabia records the lowest Hajj attendance in three decades—outside the pandemic years—triggered by tighter visa restrictions; Special Envoy Zhai...

US slaps sanctions on four ICC judges over Israel, US cases

The United States on Thursday imposed sanctions on four judges at the International Criminal Court including over an arrest warrant...

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Lebanon says dismantled ‘more than 500’ Hezbollah installations in south

Under a November ceasefire agreement between Israel and Hezbollah, the Iran-backed militant group was required to pull its fighters out...
  • In a televised address marking 100 days in office, Salam said his government was pressing ahead with reforms demanded by the international community
  • Under a November ceasefire agreement between Israel and Hezbollah, Hezbollah was required to dismantle its military infrastructure south of the Litani

What is genocide and is it happening in Gaza?

The accusation against Israel of genocide has been made with increasing force from quarters ranging from "Schindler's List" star Ralph...
  • Israel's military offensive on Gaza since October 2023 has killed 54,677 people, mostly civilians, according to the health ministry in the occupied Palestinian territory.
  • French-Israeli lawyer Omer Shatz said "there is no doubt that war crimes, crimes against humanity are being committed" in Gaza.

Syria says Israeli strikes ‘aimed at undermining’ stability

Syria's Foreign Minister Asaad al-Shaibani condemned on Wednesday Israeli strikes in retaliation for overnight rocket fire, saying they were aimed...
  • Israel bombed southern Syria after the military reported that two projectiles were fired into Israeli territory
  • Two unknown groups claimed responsibility for the launches, while Syrian authorities denied responsibility