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.

Five-member Israeli delegation makes first open visit to Saudi Arabia

An Israeli delegation attended a UNESCO meeting in Riyadh, marking the country's first publicly announced visit to Saudi Arabia as...
  • The team travelled through Dubai, the official said, as there are no direct flights between Israel and Saudi Arabia.
  • They received their visas via UNESCO, the United Nations' educational, scientific and cultural organization.

Iran-US non-oil trade reaches US$31m in January-July 2023

TEHRAN, IRAN - The US Bureau of Statistics in its latest report said the trade between Iran and the United...
  • Trade between Iran and the US in January- July 2023 registered a 26 percent growth compared to the same period last year.
  • Iran and the United States had traded US$24.7 million worth of non-oil products from January to July 2022.

UN rights chief urges international probe into Beirut port blast

"Climate change is pushing millions of people into famine. It is destroying hopes, opportunities, homes and lives. In recent months,...
  • Turk was speaking after the G20 at the weekend failed to commit to a phase-out of fossil fuels, something he said was desperately needed.
  • He decried decrying a total lack of accountability for the 2020 Beirut blast that killed more than 220 people, urging "an international fact-finding mission" into it.

Brazil’s president walks back comments on Putin’s safety at Rio G20

New Delhi, India--Brazil's leader withdrew on Monday his personal assurance that Russia President Vladimir Putin would not be arrested if...
  • The president told an Indian media outlet that if he is the president then there was no way Putin will be arrested in Brazil
  • The ICC in March said it had issued an arrest warrant for Putin over the war crime accusation of deporting Ukrainian children

Saudi Arabia, India boost alliance with multiple MoUs

India and Saudi Arabia held their first Strategic Partnership Council meeting, emphasizing the strengthening of defense and security partnerships between...
  • India and Saudi Arabia held their first Strategic Partnership Council meeting, emphasizing the strengthening of defense and security partnerships
  • Talks between the two countries are expected to provide new direction to India-Saudi relationship on a broader regional and global scale.

The relationship between us is in our DNA: Saudi Crown Prince to Indian PM Modi

The state visit of the Crown Prince follows a historic agreement to launch a massive maritime and rail connectivity corridor...
  • After his meeting with Prime Minister Modi, the Crown Prince is slated to meet President Droupadi Murmu at the Rashtrapati Bhawan at around 6:30 pm
  • The visit comes on the heels of a historic agreement announced on Saturday to launch a mega India-Middle East-Europe shipping and railway connectivity corridor

Air raid kills 46 in one of Sudan war’s worst attacks: activists

The number of victims in Sunday's "Qouro market massacre" had risen to 46 by evening, said the local resistance committee,...
  • The bombing in south of Sudan's capital came about a week after another air strike killed 20 civilians
  • The Bashair hospital issued an "urgent appeal" for all medical professionals to come and help treat the injured

Global aid pours into Morocco as quake death toll passes 2,100

The International Federation for Red Cross and Red Crescent Societies has warned that the next 24 to 48 hours will...
  • Countries such as Turkey, Switzerland, Belgium, Italy, Poland, and Israel have also offered assistance
  • A team of French volunteer firefighters has arrived in Morocco as US says it is ready to provide assistance

Keen on promoting digital payments in India, UAE, says RBI

NEW DELHI, INDIA – The Chief General Manager of the Reserve Bank of India's Department of Payment and Settlement Systems,...
  • India and UAE have signed two MoUs to strengthen the use of national currencies for bilateral trade, link payment and financial messaging systems.
  • The RBI official said the two countries can work together to further develop digital payments and make them more efficient and convenient.

Situation in Morocco in the aftermath of quake

PARIS, FRANCE - Rescuers in Morocco were scrambling on Sunday to reach people trapped under the rubble after a powerful earthquake...
  • The worst destruction took place in the remote villages of the High Atlas, in the provinces of Al-Haouz and Taroudant.
  • Work in on to get teams with heavy-lifting equipment into the worst-hit areas including hard-to-reach mountain villages.

At COP30, nations target the jet set with luxury flight tax

Rooted in the idea that a small elite of premium flyers should pay more for their outsized contribution to global...

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Israel says intercepts missile fired from Yemen

The Israeli military said Friday it intercepted a missile fired from Yemen, where Huthi rebels recently claimed responsibility for a...

Israel strikes near Damascus presidential palace over Druze violence that kills over 100 people

Israel has since then attacked hundreds of Syrian military sites and on Friday announced its "fighter jets struck adjacent to...

How much blood is enough to satisfy ‘political objectives’: WHO on Gaza

"We are breaking the bodies and the minds of the children of Gaza. We are starving the children of Gaza,...

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UAE to lift three-year Lebanon travel ban: statement

Dubai, United Arab Emirates -- The United Arab Emirates will lift a ban on its citizens travelling to Lebanon that...
  • The decision was announced a day after Lebanese President Joseph Aoun met with his UAE counterpart Mohamed bin Zayed in Abu Dhabi.
  • In 2021, the UAE imposed a travel ban on its citizens and withdrew diplomats from Beirut in solidarity with Riyadh after a Lebanese minister criticized Saudi intervention in Yemen.

Two-State solution nearing point of no return: UN chief

He renewed calls for an immediate and lasting ceasefire, the unconditional release of all hostages, and full humanitarian access. He...
  • Guterres expressed deep concern over the worsening crisis in Gaza, where nearly 2,000 Palestinians have been killed since the ceasefire collapsed in March
  • He renewed calls for an immediate and lasting ceasefire, the unconditional release of all hostages, and full humanitarian access

US imposes sanctions to curb Iran oil despite talks

The United States said Wednesday it was imposing sanctions on seven companies involved in selling Iranian oil, tightening pressure despite...
  • The United States said it was targeting five trading companies -- four based in the United Arab Emirates and one in Turkey
  • The move comes just after Iran announced a fourth round of talks with President Donald Trump's administration to take place Saturday in Rome