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.

California sues oil giants, alleges environment, climate-risks deception

The US state of California sued five of the world's largest oil companies, alleging the firms caused billions of dollars...
  • The suit follows numerous other cases brought by US cities, counties and states against fossil fuel interests over the impact of climate change.
  • The suit seeks the creation of an abatement fund to pay for future damages caused by climate disasters in California.

Turkey accuses Brussels of disinterest in its EU membership

Istanbul, Turkey - President Recep Tayyip Erdogan on Saturday accused the European Union of pulling away from Turkey, whose efforts to...
  • "The European Union is trying to distance itself from us," Turkish President Recep Tayyip Erdogan told reporters at Istanbul airport.
  • Erdogan has made mending torn ties with Western allies a priority after winning a difficult election in May following years of tensions.

8 dead, 3 injured in Yemen after lightning, floods

Sanaa, Yemen - Flooding and lightning strikes in Yemen have killed eight civilians, an official and a doctor told AFP on...
  • The lightning strikes occurred on Friday in the Al-Layha and Al-Zahra districts of Hodeida governorate on the Red Sea coast.
  • Also on Friday, flooding killed one woman and destroyed dozens of homes in the nearby town of Hais, according to an official.

Sharjah Social Security Fund offers service period purchase option

SHARJAH, UAE - The Sharjah Social Security Fund (SSSF) has allowed the possibility of acquiring the service period for insured...
  • This move aligns with the fund's strategies aimed at enhancing the well-being of employees and providing them with opportunities to boost their pensions.
  • The fund said it is allowed to procure the service period for insured employees after they have completed a minimum of 20 years of actual service.

Saudi-China Entrepreneurs Association and HKTDC sign MoU

Hong Kong - The Saudi Arabia-China Entrepreneurs Association (SCEA) has signed a Memorandum of Understanding (MoU) with the Hong Kong...
  • The MoU between SCEA and HKTDC aims to fortify commercial ties, particularly aiding startups and service providers eyeing global expansion.
  • The agreement was signed during the eighth Belt and Road Summit, a two-day event themed "Ten Years of Cooperation for Mutual Benefit".

Egypt jails opposition activist ahead of next year’s presidential polls

CAIRO, EGYPT - An Egyptian court has sentenced prominent dissident Hisham Kassem to six months in prison, his lawyer and political...
  • Hisham Kassem was also slapped with about $650 fine after being found guilty of defaming a former minister.
  • Kassem’s lawyer Nasser Amin wrote on Facebook that the verdict would be appealed in a court hearing on October 7.

Israel accounts for 46 percent of global Jewish population

TEL AVIV, ISRAEL – The total global Jewish population rose to 15.7 million over the last year, while the number...
  • Data showed that the global Jewish population grew by some 100,000 over the past year.
  • The US has the second-largest Jewish population in the world, after Israel, - at 6.3 million.

Iran denounces new Western sanctions on Amini death anniversary

Slamming the new sanctions imposed by the Western countries on the Islamic republic, Iran's foreign ministry spokesman Nasser Kanani termed...
  • US sanctions targeted 25 Iranian officials, three media outlets and an internet censorship firm onto their sanctions blacklist
  • Last year's Amini protests saw hundreds of people killed, including dozens of security forces, and thousands arrested

UAE and Russia look to boost ties in education, space, scientific research

Moscow, Russia--The UAE and Russia are looking to strengthen the bilateral cooperation in higher education, scientific research, space, and engineering...
  • Ahmad Belhoul Al Falasi, Minister of Education, and Valery Falkov, Minister of Science and Higher Education of Russia, held discussions to boost cooperation in many sectors
  • The UAE minister visited the Moscow State Technical University, where he saw its research centres and learnt about the latest scientific and engineering tech solutions

Remove sanctions to restore Black Sea Grain Initiative: Russian Ambassador to US

Washington, United States - Russian Ambassador to Washington, Anatoly Antonov, on Friday asked the United States to remove sanctions barriers...
  • Antonov's statement comes in response to comments by US National Security Adviser Jake Sullivan, who expressed skepticism about a swift return to the initiative
  • Ambassador Antonov stressed that Russia has consistently expressed its willingness to reopen the doors to the initiative provided its concerns were addressed

Israel confirms remains returned are officer Goldin killed in 2014 Gaza war

Jerusalem, Undefined - Israel said the remains it received on Sunday from Hamas were those of Lieutenant Hadar Goldin, an...

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Turkey, Israel must ease tensions in Syria: analysts

Six months after Bashar al-Assad's fall, Turkey and Israel are both operating in Syria with starkly opposing agendas, stoking fears...

Indian PM vows to stop waters key to rival Pakistan

New Delhi, India - Prime Minister Narendra Modi said Tuesday that water from India that once flowed across borders will...

Hamas says Gaza truce talks pointless as Israel wages ‘hunger war’

Hamas on Tuesday dismissed as pointless ceasefire talks with Israel, accusing it of waging a "hunger war" on Gaza, where...

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Israel cabinet approves plan for Gaza ‘conquest’

Israel resumed major operations across Gaza on March 18 amid deadlock over how to proceed with a two-month ceasefire that...
  • It comes as the United Nations and aid organisations have repeatedly warned of the humanitarian catastrophe on the ground, with famine looming again
  • The Israeli official said the expanded operations "will include, among other things, the conquest of the Gaza Strip and the holding of the territories

Trump eyes Erdogan’s help to end Ukraine war

NATO member Turkey has sought to maintain good relations with both of its Black Sea neighbors since the Russian invasion...
  • Trump said on his Truth Social network that Erdogan had also invited him to visit Turkey and that the Turkish leader would be meeting him in Washington
  • "I look forward to working with President Erdogan on getting the ridiculous, but deadly, War between Russia and Ukraine ended -- NOW!" Trump posted

Iran says Israel’s Netanyahu dragging US into ‘disaster’ in region

Tehran, Iran - Iran's Foreign Minister Abbas Araghchi on Monday accused Israeli Prime Minister Benjamin Netanyahu of attempting to drag...
  • Araghchi also accused Netanyahu of "attempting to brazenly DICTATE what President Trump can and cannot do in his diplomacy with Iran."
  • Iran's top diplomat cited US support for Israel in its war in Gaza against Palestinian group Hamas since the unprecedented October 2023 attack by the militants