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.

OPEC+ looks set to further hike oil output

Since April, the V8 group -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman...

Egyptians, Zambians in court over gold on mystery plane

The Drug Enforcement Commission said the chartered aircraft was transporting "dangerous goods". Judge Davies Chimbwili said that they were accused...
  • Drug and law enforcement authorities said 11 suspects, including a senior Zambian police officer, had been arrested and charged with "espionage"
  • Court papers seen by AFP list a former Egyptian military person and businessman as well as a Zambian police officer among the suspects

Hezbollah seeks restriction on UN’s Lebanon peacekeepers

The mandate of the UN Interim Force in Lebanon, which expires Thursday, was extended last year with a slight modification...
  • Under the modified mandate the peacekeeping force "is allowed to conduct its operations independently", the UN resolution said
  • On Monday, Lebanon's Foreign Minister Abdallah Bouhabib met in New York with UN chief to convey Lebanon's position

Doctors Without Borders loses contact with 2 foreign staff in Yemen

Dubai, UAE--The Doctors Without Borders (MSF) charity has "lost contact" with two of its foreign staff in Yemen, the group...
  • The aid group said that the two employees, from Germany and Burma, were in the northern province of Marib, without giving any more details
  • Some month back, one of the employees of the UN World Food Program had been killed in an attack in the southern province of Taez

Bahrain and US review partnership in political, economic and security fields

Manama, Bahrain--Bahrain and the United States have reviewed joint cooperation, partnership and strategic dialogue in the political, economic and security...
  • Both officials lay stress on continuing efforts to prevent the proliferation of weapons of mass destruction and ensure cyber security
  • The Bahraini official underscored the importance of exchaning expertise on the use of modern technologies and AI in space affairs

Iran vows to respond if Iraq fails to disarm Kurdish rebels

Tehran, Iran - Iran on Monday warned Iraq that it would take action if Baghdad does not honor its commitment by...
  • The Iraqi government has pledged to disarm armed terrorist groups in Iraq by September 19," Iran's foreign ministry spokesman said.
  • He said that Baghdad had agreed to evacuate the groups from their bases and "transfer them to camps provided by the Iraqi government".

NEOM to set up education, research and innovation center

TABUK, SAUDI ARABIA – NEOM has announced plans to establish a world-class education, research and innovation (ERI) center, following last...
  • NEOM’s ERI center will enable access to a world-class education, research and innovation ecosystem at any stage of the life of a learner.
  • The curricula deployed across NEOM’s ERI pillars will prepare a digitally fluent workforce, equipping students with real-life skill sets.

French President says change in existing world order would weaken West, Europe

PARIS, FRANCE - Attempts to change the existing world order threaten to weaken the West and especially Europe, French President...
  • Emmanuel Macron said the role of the UN Security Council, International Monetary Fund and World Bank are constantly being challenged.
  • Emmanuel Macron said the role of the UN Security Council, International Monetary Fund and World Bank are constantly being challenged.

Saudi Arabia and Iran invited to Moscow-led defense bloc’s military drills

Moscow, Russia -- Collective Security Treaty Organization (CSTO) member states have invited observers from Saudi Arabia, Iran, China and Mongolia...
  • China and Mongolia are the other two countries invited to monitor the Combat Brotherhood-2023 drills in Belarus, CSTO Joint Staff Chief Colonel General Anatoly Sidorov said.
  • Combat Brotherhood, a joint operational and strategic exercise, will be held in Belarus on September 1-6.

Turkey’s Erdogan to visit Russia for talks with Putin

Turkish President Recep Tayyip Erdogan is to visit Russia "soon" for talks with Vladimir Putin on reviving a deal to...
  • Kremlin spokesman Dmitry Peskov told reporters that a meeting was being prepared "intensively", without giving a time or place for the talks.
  • Erdogan has used his good relations with Russia and Ukraine to try to bring the two sides into formal peace talks.

Israel strikes force closure of Syria airport: state media

Israel has launched hundreds of air strikes in the last 12 years of civil war in Syria, primarily targeting Iran-backed...
  • Syrian transport ministry official said the damage centred on the only functioning runway
  • The Syrian Observatory for Human Rights said the strikes also targeted an adjacent military airport

OPEC+ looks set to further hike oil output

Since April, the V8 group -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman...

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Trump tariffs have increased financial stability risks: IMF report

The IMF's Global Financial Stability Report (GFSR) was published as world financial leaders gather for meetings in Washington under the...

US envoy to Israel urges Hamas to sign deal so aid can enter Gaza

The new US ambassador to Israel on Monday called on Palestinian militant group Hamas to accept a deal that would...

Davos meet founder Klaus Schwab steps down from WEF board

Geneva, Switzerland -- The World Economic Forum said on Monday that its founder Klaus Schwab has stepped down from the...

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West Bank campus a dystopian shelter for Palestinians uprooted again

Jenin, Palestinian Territories - On deserted university grounds in the occupied West Bank, Palestinian children run outside nearly empty buildings,...
  • Tens of thousands of Palestinians have been displaced from the northern West Bank since Israel launched the offensive dubbed "Iron Wall" on January 21 in the area
  • The United Nations agency, UNRWA, provides aid but recent Israeli legislation barring coordination with Israeli military authorities has complicated its work

US defense chief shared sensitive information in second Signal chat: US media

US Defense Secretary Pete Hegseth shared information on forthcoming US air strikes on Yemen in a private Signal chat group...
  • Last month, the Atlantic editor-in-chief was accidentally added to a Signal chat where officials discussed the March 15 strikes
  • The information shared "included the flight schedules for the F/A-18 Hornets targeting the Houthis in Yemen," the Times reported

From tariffs to deportations, Trump’s first 100 days signal imperial shift in US leadership

Trump has also stepped up the sense of an endless reality show in which he is the star, as he...
  • Trump has been driven by a sense of grievance left over from an undisciplined first term that ended in the shame of the 2021 US Capitol riots after his election defeat to Joe Biden
  • And while Trump freed hundreds of those attackers from jail on his first day back in office, he is taking no prisoners when it comes to consolidating the power of the White House