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.

Israel top court hears appeals against rules for removing prime minister

Israel's top court debated appeals against a law restricting how a prime minister can be removed from office, as current...
  • The legislation says that a prime minister can be declared unfit for office due to health reasons.
  • The law says a two-thirds majority in cabinet is required to take such a step, before the move is approved by at least 80 of the parliament's 120 members.

US allows visa free entry for Israelis citing less discrimination

The Biden administration made the decision after Israel in July promised a series of steps to comply with longstanding US...
  • By the end of November, Israelis will be in the same league as citizens of most Western nations by not needing visas for trips of 90 days or less to the world's largest economy
  • A number of lawmakers from Biden's own Democratic Party had urged Blinken not to go ahead before a Saturday deadline and instead exert pressure for greater change.

Iran successfully test fires military satellite, says state media

Wednesday's launch was carried out by the aerospace wing of the Islamic Revolutionary Guard Corps (IRGC), the ideological arm of...
  • "The Nour-3 imaging satellite... was successfully placed in orbit 450 kilometers (280 miles) above earth," the IRNA news agency said.
  • The United States has repeatedly warned Iran against such launches, saying the same technology can be used for ballistic missiles.

World Bank chief vows to tackle ‘dysfunctionality’ at development lender

The former Mastercard chief executive told the Council on Foreign Relations in New York that the bank should alter its...
  • Banga has previously called on World Bank to collaborate more closely with the private sector to meet the enormous costs associated with climate change mitigation and adaption
  • On Tuesday, Banga said the bank should carefully target where it wants to encourage private investment to help cap carbon emissions in order to have the biggest impact

Saudi envoy seeks to reassure Palestinians amid Israel talks

Sudairi's delegation, which crossed overland from Jordan, was the first from Riyadh to visit the West Bank since the 1993...
  • In a sign of the thaw, Israel's Tourism Minister Haim Katz visited Riyadh on the same day, for the first such high-level public mission to the oil-rich kingdom
  • Speaking at a ceremony Tuesday marking the 1973 Arab-Israeli war, Israeli Prime Minister Benjamin Netanyahu said "many states in the Middle East want peace with Israel"

Erdogan confirms that Turkey will host Netanyahu in the next two months

New York, Washington - Turkish President Recep Tayyip Erdogan has announced that Prime Minister Benjamin Netanyahu is scheduled to visit...
  • Two leaders met in New York on the sidelines of the 78th session of United Nations General Assembly
  • Netanyahu was due to travel to Turkiye in July, but postponed the trip as he had a pacemaker implanted

France warns Lebanon financial aid at risk over presidency deadlock

French President Emmanuel Macron's special envoy urged Lebanese factions to find a "third way" for electing a new president, warning...
  • Lebanon has been without a president for almost a year after ex-head of state Michel Aoun's mandate expired.
  • Lebanon's president is elected by parliament, where neither side has a majority, rather than by universal suffrage.

Top army officials from 30 nations review threats in Asia-Pacific

New Delhi, India - Army chiefs and senior officers from 30 countries including the United States met in India on Tuesday...
  • US Army chief Randy George said the region was "critically important", speaking to reporters alongside his Indian counterpart Manoj Pande.
  • Generals from Japan and Australia, which make up the "Quad" defense cooperation forum alongside Washington and New Delhi, also took part.

Dubai Government reduces public debt by US$7.8bn

DUBAI, UAE - The Public Debt Management Office (PDMO) of the Government of Dubai's Department of Finance (DOF) announced a...
  • The achievement has been realized within a year and a half since the establishment of the office in 2022.
  • This includes a full redemption of Sukuk certificates worth $898 million, the repayment of bilateral and syndicated facilities totaling $1.4 billion.

China grants Approved Destination Status to Saudi Arabia

RIYADH, SAUDI ARABIA – China on Tuesday granted Approved Destination Status (ADS) to the Gulf Kingdom. The bilateral agreement, signed...
  • The bilateral pact allows Chinese citizens to travel to Saudi Arabia in group tours in addition to facilitating greater ease of access.
  • ADS will drive greater connectivity between Saudi Arabia and China and unlock new opportunities across the tourism ecosystem.

UN Security Council set to vote on Trump’s Gaza plan, deployment of international force

The draft, which has been revised several times as a result of high-stakes negotiations, "endorses" the plan, which allowed for...

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Gaza rescuers say 80 killed in Israeli strikes

Gaza rescuers said at least 80 people were killed in Israeli bombardment across the Palestinian territory on Wednesday, as Israeli...

Trump presses Syria leader on Israel after lifting sanctions

US President Donald Trump landed in Doha Wednesday after visiting Riyadh, where he urged Syria's president to normalise with Israel...

Trump welcomed grandly as Saudis invest big in US arms

Under imposing chandeliers, Trump welcomed a promise by Crown Prince Mohammed bin Salman, who effectively rules the kingdom due to...

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Al Jazeera says allowed to resume work in Palestinian territories

Ramallah, Palestinian Territories - Al Jazeera's Ramallah bureau chief said on Monday the news channel could resume working in the...
  • The Ramallah-based Palestinian Authority (PA) ordered the suspension of the Al Jazeera's broadcasts on January 1, accusing it of incitement
  • The channel had aired footage of what appeared to be Palestinian security officers entering the network's office in Ramallah and handing over the suspension orders

Israel hits Gaza hospital in raid Hamas says killed journalist

Israel's military said it struck a Gaza hospital housing militants, in a raid on Tuesday that, according to Hamas, killed...
  • The strike, which Hamas said happened at dawn, ended a brief pause in fighting to allow the release of a US-Israeli hostage
  • The Israeli military said that "significant Hamas terrorists" had been "operating from within a command and control centre" at Nasser Hospital

Trump heads to the Gulf eyeing deals amid diplomatic offensive

In the days before the trip, the White House has played an instrumental part in hammering out a ceasefire between...
  • Riyadh, Doha and Abu Dhabi are expected to roll out the red carpet with a lavish royal welcome for the 78-year-old billionaire
  • Iran is likely to feature prominently during the visit, following a fourth round of talks in Oman over the weekend