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 Arabs face arrests and sackings as Gaza war escalates

Abir Bakr, a lawyer for Palestinian singer Dalal Abu Amneh who was arrested briefly four days ago, told AFP her...
  • Israeli Arabs -- many of whom identify as Palestinian citizens of Israel -- have expressed solidarity with Palestinians in Gaza amid Israel's aerial bombing
  • Students and workers inside Israel have been subject to dismissals and legal prosecution, Israel's left-leaning Haaretz newspaper wrote

Rockets fired at US army in Iraq, no casualty reported

Baghdad, Iraq - US troops stationed at two bases in Iraq have been targeted with rocket attacks that caused no casualties,...
  • An Iraqi security official had earlier told AFP that three Katyusha rockets struck near a base of the international coalition .
  • On Thursday evening, another rocket attack targeted the Ain al-Assad base in western Iraq, where US forces are also stationed.

GCC and ASEAN denounce Gaza attack, urge permanent ceasefire

The six-member Gulf Cooperation Council (GCC) and the 10-member Association of Southeast Asian Nations (ASEAN) also called for the release...
  • "As we gather, we are saddened by the escalating violence that Gaza is witnessing today, the price of which is being paid by innocent civilians," said Mohammed bin Salman.
  • "The violence must stop, humanity must be the priority in this moment, and we must prevent things from getting worse," Indonesian President Joko Widodo said.

Biden requests $10bn package, including Ukraine and Israel funds

The package also includes $7 billion for countering China and strengthening allies in the Asia-Pacific region, and over $9 billion...
  • In an impassioned Oval Office speech, Biden argued that the huge sums involved -- $61bn for Ukraine and $14bn for Israel -- would secure American interests for generations.
  • A growing number of Republicans -- and US voters in general -- oppose to adding to the $43.9 billion in security assistance that the United States has committed to Ukraine.

Thousands rally in support of Gaza across Egypt, says media

CAIRO, EGYPT – Tens of thousands of protesters rallied across Egypt in support of war-torn Gaza on Friday, with large crowds...
  • Several thousand packed into Tahrir Square, the epicentre of the 2011 uprising that toppled long-time autocrat Hosni Mubarak.
  • Media reports said rallies took place in other Egyptian cities on day 14 of Israel's bombardment of Gaza following Hamas's attack on October 7.

Mahmoud Abbas turns down call from Joe Biden: Israeli radio

Tel Aviv, Israel -- Palestinian President Mahmoud Abbas declined to take a telephone call from US President Joe Biden during...
  • Representatives from the Biden administration tried to set up a phone conversation between the two leaders on October 18, but Abbas turned the request down.
  • state-run Kan Radio, however, clarified that the sides nevertheless remain in contact. Biden intended to hold phone conversations with Egyptian President Abdel Fattah El-and Abbas.

No suspension for Mazraoui over Gaza post, says Bayern Munich

Berlin, Germany - Bayern Munich on Friday said defender Noussair Mazraoui would not be suspended, after a probe into the Moroccan...
  • In the wake of the deadly attack on Israel by Hamas, Mazraoui had put up several pro-Palestinian posts.
  • The club's chief executive Jan-Christian Dreesen said Mazraoui "credibly assured us he rejects terror and war" .

Air Arabia launches non-stop flights between UAE’s Sharjah, Egypt’s Giza

SHARJAH/ ABU DHABI, UAE -  Air Arabia announced the launch of a new route operating between Sharjah and Giza city...
  • The non-stop flights will connect Sharjah International Airport with Giza and will have a frequency of five weekly flights.
  • British Airways announced that it will launch daily flights from London to Abu Dhabi next year.

Egypt ‘clearing path for Gaza aid’: security source, witnesses

The UN has described the situation inside Gaza as "beyond catastrophic" as Israel pounds the enclave from the air in...
  • Israel has refused to open its borders with Gaza but US President Joe Biden brokered a deal to allow aid in via the Rafah crossing with Egypt
  • The deal came with strict conditions from Israel, aid must only go to civilians and not fall into the hands of Hamas fighters

Saudi leader tells British PM attacks on Gaza ‘heinous’

Mohammed bin Salman, the Gulf kingdom's de facto ruler, made his comments during a meeting with British Prime Minister Rishi...
  • Sunak and Prince Mohammed "agreed that the loss of innocent lives in Israel and Gaza over the last two weeks has been horrific," according to a readout from Sunak's office
  • Since the war broke out, Saudi Arabia has issued a series of statements denouncing the displacement of Palestinians from their homes and attacks on "defenseless civilians"

Israel says Hamas ‘will be disarmed’ after group proposes weapons freeze

Israel said Thursday that Hamas "will be disarmed" as part of the US-sponsored peace plan for Gaza, after a top...

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Macron says abandoning Gaza ‘will kill’ West’s credibility

French President Emmanuel Macron said on Friday that abandoning war-torn Gaza to its fate and giving Israel a "free pass"...

UN declares Gaza the hungriest place on earth, says entire population risks famine

Negotiations to end nearly 20 months of war have so far failed to achieve a breakthrough, with Israel resuming operations...

Saudi foreign minister Prince Faisal bin Farhan to make rare West Bank visit

Prince Faisal will head a delegation to Ramallah, the first such trip since Israel first occupied the Palestinian territory in...

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UAE orders all companies to monitor emissions in new climate law

Under the new law, companies are required to report and reduce their emissions of the greenhouse gases that are responsible...
  • "By institutionalizing emissions monitoring and climate adaptation, the UAE is setting a compelling example for countries across the region," she said.
  • Public and private companies now have to regularly monitor emissions and take steps to reduce them, or risk fines of up to two million dirhams ($545,000).

Turkey says Ukraine, Russia want ceasefire ahead of possible talks

NATO member Turkey, which has strove to maintain relations with both Kyiv and Moscow, has become a key mediator amid...
  • NATO member Turkey, which has strove to maintain relations with both Kyiv and Moscow, has become a key mediator amid US President Donald Trump's push for a deal
  • At negotiations in Istanbul on May 16, Ukraine said Russia threatened to accelerate its ground offensive into new regions and made a host of hardline demands

Islamic State claims first attack on new Syria forces since Assad fall: monitors

The Islamic State (IS) group on Thursday claimed its first attack on Syria's new government forces since the fall of...
  • In a statement picked up by SITE Intelligence Group, IS said it had planted an "explosive device" on a Syrian forces' vehicle in the southern province of Sweida.
  • Reported attacks by the group in areas controlled by the Islamist-led government, which took power after Assad's ouster in December, have been scarce