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.

QatarEnergy inks pact with Marubeni

QatarEnergy will supply naphtha to Marubeni for 10 years.
  • This pact builds on the five-year Naphtha sales agreement signed in 2018 between QatarEnergy and Marubeni Corporation.
  • Japan-based Marubeni Corporation is the largest petrochemical feedstock trading entity and aggregator in Asia.

Israeli minister in first public visit to Saudi Arabia amid bilateral talks

Israel's Tourism Minister Haim Katz is the first Israeli minister to head an official delegation in Saudi Arabia, where he...
  • Katz's visit comes after a Saudi envoy on a visit to the occupied West Bank pledged that the Palestinian cause will be "a cornerstone" of any normalization deal with Israel.
  • The visit by a delegation headed by Nayef al-Sudairi was Saudi Arabia's first in three decades to the West Bank, which Israel has occupied since the 1967 Arab-Israel war.

Rising demand for critical metals pose dilemmas for investors

PARIS, FRANCE - Soaring demand for the raw materials needed for the transition towards renewable energy is creating dilemmas for investors...
  • Demand for lithium, an essential component of car batteries, could increase ninefold between 2022 and 2050, said the International Energy Agency.
  • Lithium and other metals that the IEA calls “key to the clean energy transition” will be the topic of a summit hosted by the global energy watchdog in Paris.

Saudi Arabia, amid Israel talks, sends envoy to West Bank

The delegation was led by the Saudi non-resident ambassador to the Palestinian territories, Nayef al-Sudairi, who was to meet Palestinian...
  • The delegation from Saudi Arabia, which crossed overland from Jordan, was the first from Saudi Arabia to visit the West Bank since the 1993 Oslo Accords
  • The Saudi visit comes as Washington has been leading talks between Israel and Saudi Arabia on a normalization that would mark a game changer for the Middle East

China slams US sanctions over Iran aircraft program

Washington last week slapped sanctions on "seven individuals and four entities" based in Iran, China, Russia and Turkey it said...
  • China notes that US has included some Chinese enterprises and individuals in the 'Specially Designated Nationals List', a commerce ministry spokesman said
  • "The United States side should immediately stop its unreasonable suppression of Chinese enterprises and individuals," spokesman said

Saudi Arabia denounces attack that killed two Bahrain soldiers

Riyadh, Saudi Arabia--Saudi Arabia on Tuesday condemned an attack on its territory that killed two Bahraini military personnel near the border...
  • According to Bahrain's military, one officer and a soldier were killed in a drone attack carried out by Yemen's Houthi rebels
  • A Houthi delegation completed five days of talks in Riyadh last week, the first such public visit since hostillities broke out

UAE and India look to boost ‘comprehensive strategic partnership’

New York, US-- The UAE Foreign Minister Sheikh Abdullah bin Zayed has held talks with Subrahmanyam Jaishankar, External Affairs Minister...
  • The two ministers reviewed the issue of climate change and bilateral cooperation in this regard, and also discussed the UAE's hosting of COP28 this year
  • The UAE's foreign minister emphasized that the two countries are keen to support multilateral international action to find effective solutions to all global challenges

Bahrain says 2 soldiers dead in attack near Saudi-Yemen border

The victims "were martyred while performing their sacred national duty to defend the southern borders of the sister Kingdom of...
  • The statement from Bahrain's military said the "terrorist act" was perpetrated by Houthi "attack drones" in an undisclosed location in southern Saudi Arabia
  • Houthis' TV channel reported separately on Monday that "four citizens" were injured in Saudi attacks on Yemeni territory near the border on Monday

Hundreds of Sikh Canadians protest against India

Nearly a week after Canadian Prime Minister Justin Trudeau accused India of being responsible for the killing of a Sikh...
  • Slamming the Modi government for the alleged killing, several hundred protestors gathered in Toronto, Ottawa and Vancouver
  • There are nearly 770, 000 Canadians professing Sikhism and the country is home to the largest Sikh community in the world outside of India

Israel joining US Visa Waiver Program: minister

Tel Aviv, Israel - The United States will declare its participation in the Visa Waiver Program (VWP) this week,  Israel's...
  • To be admitted to the VWP, countries must commit to treating all US travelers equally, irrespective of other passports they may possess
  • For Israel, this would mean allowing Palestinian Americans to travel freely at its airports and within the occupied Palestinian territories

Israel says Gazans who landed in S. Africa unexpectedly had third-country approval

Israeli authorities said on Saturday that 153 Palestinians who turned up unexpectedly in South Africa, triggering questions from its president,...

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Ocalan: founder of the PKK who authored its end

Abdullah Ocalan, the jailed founder of the militant Kurdistan Workers' Party (PKK), is an icon to many Kurds but a...

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...

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...

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Iraq: PKK decision to disband boosts regional stability

Iraq welcomed Monday the Kurdistan Workers' Party's (PKK) decision to disband and end its armed struggle against Turkey, saying it...
  • The PKK decision is a "significant opportunity to promote peace efforts and end long-standing conflicts," a foreign ministry statement said
  • Blacklisted as a terrorist organisation by Turkey and its Western allies, the PKK operates rear bases in Iraq's autonomous Kurdistan region

Israel’s West Bank land registration serves ‘annexation’: NGO

Ramallah, Palestinian Territories - An Israeli rights group denounced Monday a government decision to launch extensive land registration for parts...
  • The Israeli security cabinet on Sunday decided to initiate a land registration process in the West Bank's Area C, which covers more than 60 percent of the territory
  • This might lead to "a massive land theft", Peace Now said, adding that the process could result "in the transfer of ownership of the vast majority of Area C to the (Israeli) state"

Erdogan urges parties to seize ‘window of opportunity’ on Ukraine

Turkish President Recep Tayyip Erdogan on Monday urged parties to take advantage of recent contacts to strike a deal toward...
  • "I would like to reiterate that we are ready to contribute to these meetings and we will be happy to host them," Erdogan said
  • Zelensky said he wanted Trump to attend the direct peace talks with Russia, after the US leader said he was "thinking" of going