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.

‘Palestinians never die, they always come back’: Bassem Youssef in viral interview 

Dubai, UAE - Egyptian comedian and TV host Bassem Youssef's recent interview with British TV host Piers Morgan has garnered...
  • When asked about his views on the deadly Hamas attacks on Israel, Youssef expressed concern for the plight of Palestinians in Gaza
  • He also made a sarcastic remark, saying, "It's very repetitive. We are used to that... It's just like those Palestinians are very dramatic

EU president says Egypt needs support to handle fleeing Gazans

"Egypt needs support, so let's support Egypt," said Michel, who is in Washington to attend a summit with US President...
  • Michel will attend at al-Sisi's invitation a "conference on the current developments in the Middle East, Palestine and the Peace Process," said his spokesperson
  • Long-awaited humanitarian aid for Palestinians stranded in the Gaza Strip is set to start flowing on Friday, Egyptian media reported on Thursday

Biden urges US to lead world against Hamas, Putin threats

Biden also called for an end to a surge in both anti-Semitism and anti-Muslim prejudice in the United States, especially...
  • Biden, 80, said he would make an "urgent" request to Congress on Friday for funding to help Ukraine and Israel
  • He argued that this was an investment for the United States' future on the world stage for decades to come

US troops attacked in Middle East amid fears of widening war

Washington, United States - US military forces in the Middle East have faced multiple threats from drone attacks in Middle...
  • Over the span of three days, US troops in Iraq and Syria were targeted by attack drones, resulting in minor injuries to coalition personnel
  • These incidents have raised concerns about renewed hostilities against U.S. personnel in the region, as anger grows over Israel's airstrikes

Nine Palestinians killed in West Bank, says health ministry

RAMALLAH, PALESTINIAN TERRITORIES - Israeli troops killed nine Palestinians in multiple clashes across the occupied West Bank on Thursday, the Palestinian health...
  • The Israeli military said it carried out an air strike which killed "a number of terrorists" in Nur Shams.
  • The Palestinian health ministry said it had been informed of "other martyrs who could not be transferred by ambulance to the hospital".

Medics recount shocking toll of child deaths in Gaza war

Rafah, Palestinian Territories -- Eight sleeping children killed in one strike, doctors fighting but failing to save an unborn child --...
  • Doctors say they are fighting a losing battle against a lack of medicines, water and fuel to keep hospitals running.
  • Eight children aged between two and five were among 10 people from the same family killed in an air strike on a house in the city of Khan Yunis, in southern Gaza.

Hate speech and incitement in Hebrew against Palestinians on rise: 7amleh

HAIFA, ISRAEL –  Hate speech and incitement in Hebrew targeting Palestinians on social media is on the rise, said 7amleh-...
  • 7amleh said 63 percent of the documented instances of hate speech and incitement were based on political affiliations.
  • 7amleh documented an additional 701 violations that targeted Palestinian users and supporters in the since October 7- 18,

EU launches enquiry on Meta and TikTok over disinformation

The European Union has built a powerful armory to challenge the power of big tech with its landmark Digital Services Act...
  • The European Commission said it had sent formal requests for information to Meta and TikTok in what is a first procedure launched under the EU's new law on digital content.
  • Meta and TikTok have until October 25 to respond, with a deadline of November 8 for less urgent aspects of the demand for information.

Russia ready to discuss Turkey’s idea about guarantors for Israel, Palestine, says Lavrov

PYONGYANG, NORTH KOREA - Russia is ready to discuss and consider Turkey’s initiative to establish a guarantor system in the...
  • According to the Russian foreign minister, the initiative is driven by the intention to de-escalate things and bring the situation back to normal.
  • He said that the Turkish initiative is rooted in the desire to ensure a balance of interests, rather than favoring one party.

Biden to address nation on Israel, Ukraine as crises mount

The US president trod a tightrope on his wartime visit to Israel, with key Arab allies Jordan and Egypt calling...
  • The 80-year-old, who is seeking a second term in 2024, will address the nation less than 24 hours after returning from a high-stakes solidarity trip to Israel
  • The Democrat's primetime speech comes as he prepares to ask Congress for a joint $100 billion package that includes money for Ukraine and Israel

Hamas proposes weapons ‘freeze’ in return for long-term truce: leader to Al Jazeera

A top Hamas leader told Qatari news channel Al Jazeera on Wednesday that the militant group is open to a...

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No permit, no hajj: Saudi intensifies crackdown after heat deaths

Riyadh, Saudi Arabia -- Saudi Arabia is ramping up a crackdown on unregistered worshippers at next week's hajj pilgrimage, a...

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...

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...

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Generative AI’s most prominent skeptic doubles down

Vancouver, Canada -- Two and a half years since ChatGPT rocked the world, scientist and writer Gary Marcus still remains...
  • Marcus's criticism centers on a fundamental belief: generative AI, the predictive technology that churns out seemingly human-level content, is too flawed to be transformative.
  • The large language models (LLMs) that power these capabilities are inherently broken, he argues, and will never deliver on Silicon Valley's grand promises.

With AI and more shade, Saudi Arabia set for a searing hajj

Riyadh, Saudi Arabia -- With artificial intelligence, more shade and misting machines, Saudi authorities are preparing to welcome more than...
  • Saudi Arabia's hajj minister Tawfiq al-Rabiah told AFP on Thursday that efforts to mitigate the searing desert heat remained a top focus among authorities.
  • This year, Rabiah said authorities have mobilized more than 40 government agencies and 250,000 officials and doubled their efforts to mitigate heat-related risks.

Global economic outlook worsens, AI emerges as both catalyst and risk

Geneva, Switzerland – The global economic outlook has worsened since the start of the year, as rising economic nationalism and...
  • Nearly all the chief economists (97 percent) place trade policy among the areas of highest uncertainty, followed by monetary policy (49 percent) and fiscal policy (35 percent).
  • This uncertainty is expected to weigh on key economic indicators, including trade volumes (70 percent), GDP growth (68 percent) and foreign direct investment (62 percent).