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.

UN ‘alarmed’ by clashes at Eritrean protests in Israel

Trouble erupted on Saturday when a demonstration against an Eritrean government event turned violent, injuring nearly 140 people, including a...
  • The clashes between police and demonstrators began outside a south Tel Aviv venue that was set to host a pro-regime event organised by the Eritrean embassy in Israel
  • Hundreds of anti-government Eritreans came to prevent the event from taking place, Israeli police ordered the street to be emptied calling the gathering an illegal demonstration

UN envoy arrives in Western Sahara for talks on disputed territory

A statement said he was "looking forward to conducting visits in the region and meetings, engaging all concerned ahead of the...
  • UN said de Mistura's trip would focus on the prospects of constructively advancing the political process on Western Sahara in the course of these regional engagement
  • The Security Council called in October last year for all parties to the dispute to engage in talks to come up with a "lasting and mutually acceptable political solution"

Saudi Arabia and Iran two most influential countries in Islamic world: Raisi

Tehran, Iran--Iran's President Ebrahim Raisi has termed Saudi Arabia and Iran as the two most influential countries in the region...
  • Iranian president in his meeting with Alireza Enayati, the new ambassador to Saudi Arabia, spoke of strengthening relations between the two countries
  • In June, the Islamic republic reopened its embassy in Riyadh and then followed it up with the reopening of its consulate in Jeddah

UAE and Africa strengthen carbon market collaboration

"Our collaboration with the Africa Carbon Markets Initiative provides carbon market buyers in the UAE and wider region with access...
  • The UAE Carbon Alliance has signed a Letter of Intent for a US$450 million purchase of African carbon credits by 2030
  • Collaboration with Africa Carbon Markets Initiative will provide UAE with access to high-quality carbon credits from Africa

Saudi Arabia forms Global Water Organization to secure sustainable resources

Jeddah, Saudi Arabia--Saudi Arabia’s Crown Prince Mohammed bin Salman has announced the establishment of Global Water Organization in order to...
  • The body will seek to exchange knowledge, expertise, the advance of water technology, innovation, and share research and development experiences
  • It will also press for the funding of high-priority projects to ensure the long-term sustainability of water resources while ensuring access to water for all

Putin says Russia will deliver free grain to six African nations

Since pulling out of the deal, which aimed to ensure safe grain exports via the Black Sea, Russia has been...
  • Turkish President Recep Tayyip Erdogan said that Ankara was against alternative proposals to last year's Ukraine grain agreement, which Moscow scuppered in July.
  • Erdogan said that Turkey and the UN had prepared new proposals aimed at addressing Russia's problems with the deal, adding that he hoped to reach a workable solution.

UN nuclear watchdog ‘regrets’ lack of Iranian cooperation

International Atomic Energy Agency (IAEA) director general Rafael Grossi "requests Iran to work with the agency in earnest and in...
  • Tehran in March vowed to reactivate surveillance devices which were disconnected in June 2022 amid deteriorating relations with the West.
  • The IAEA said Iran's total stockpile of enriched uranium was lower than in May but still more than 18 times the limit set in a 2015 accord.

Israel and Bahrain agree to increase trade volume, boost tourism

"The foreign minister and I agreed that we should work together to increase the number of direct flights, the tourism,...
  • Israeli Foreign Minister Cohen arrived in Bahrain on Sunday, accompanied by a business delegation of more than 30 companies.
  • Earlier on Monday, he met Crown Prince Salman bin Hamad Al-Khalifa and discussed "the importance of advancing a free trade agreement".

Saudi and Iran to resume home-and-away matches: AFC

The move by the two countries' football federations would contribute to "fostering closer ties between their respective footballing communities, allowing...
  • Saudi Arabia and Iran severed ties in 2016 after Saudi diplomatic missions in Iran were attacked during protests over Riyadh's execution of Shiite cleric Nimr al-Nimr.
  • The AFC then decided that football matches between the two countries would take place on neutral ground, an arrangement it described at the time as "most unfortunate".

Half of large Swiss firms have faced cyberattacks: study

The study showed a correlation between the size of a company and the risk of cyberattacks. Based on a survey...
  • A full 45 percent of companies in Switzerland counting 250 employees or more have already been hit by at least one cyberattack
  • Florian Schutz, who is in charge of implementing Switzerland's national cyber protection strategy, said that "all companies are at risk"

Turkey, and six of its Muslim allies say Palestinian self-rule key to Gaza future

Turkey, which played a central role in forging the now shaky three-week-old ceasefire, is pushing for Muslim nations to bring...

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Trump trade war pushes firms to consider stockpiling

Even if they don't all acknowledge it so openly, firms in many different sectors are stockpiling their products in the United...

Palestinian president Abbas appoints Fatah veteran Hussein al Sheikh as potential successor

Abbas's close aide, 69-year-old Hussein was appointed as the first ever vice president of the Palestine Liberation Organization after the...

Russia says retook Kursk from Ukraine with North Korean help

The Russian army has fully liberated the border Kursk region from Ukrainian control with the help of North Korean soldiers,...

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Iran, US discuss nuclear deal in third round of talks

Muscat, Oman - The United States and Iran went into detail about a potential nuclear deal Saturday at their third...
  • US special envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi again led the talks, which this time included a technical-level meeting between experts from both sides
  • In an interview released Wednesday, US Secretary of State Marco Rubio reiterated Washington's firm stance against Iran's uranium enrichment

Trump, Zelensky meet on sidelines of pope’s funeral

US President Donald Trump on Saturday criticized Russian President Vladimir Putin for attacks on civilian areas of Ukraine in recent...
  • Zelensky said they discussed a possible unconditional ceasefire with Russia and was "hoping for results" from a "very symbolic meeting that has the potential to become historic."
  • The war cast a shadow over preparations for Francis's funeral, and even as it took place, Russia claimed its forces had "fully liberated" the border Kursk region

India, Pakistan and threats of a water war: what we know

India, furious after a deadly attack, has suspended the Indus Waters Treaty with Pakistan, with Islamabad warning any attempt to...
  • The 65-year-old pact was considered a rare diplomatic success story between bitter nuclear-armed rivals who have fought multiple conflicts
  • But one thing experts on both sides of the border agree on is that while important, its suspension will have limited immediate impact on water