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.

Members of US Congress make rare visit to Syria’s rebel area

The Republican delegation comprising French Hill, Ben Cline and Scott Fitzgerald entered Syria from Turkey through the Bab al-Salama border...
  • The Congress members met with Raed Saleh, the director of the White Helmets rescue group
  • The meeting stressed "the importance of continuing cross-border aid in light of the growing humanitarian needs"

Libyan FM ‘suspended’ over talks with Israeli counterpart

Prime Minister Abdulhamid Dbeibah said that Najla al-Mangoush, the foreign minister, has been temporarily suspended and will be subject to...
  • Although the Libyan foreign ministry called the meeting a chance encounter, news of it led to street protests in many Libyan cities
  • Israel has managed to normalize relations with several Arab countries in recent years as part of US-backed deal

Egypt, Ethiopia restart talks over dam construction

Cairo, Egypt - Egypt announced on Sunday that negotiations had resumed over Ethiopia's controversial mega-dam, after agreeing last month to reach...
  • The massive $4.2-billion Grand Ethiopian Renaissance Dam (GERD) has been at the center of a regional dispute ever since Ethiopia broke ground on the project in 2011
  • For years at loggerheads over the issue, Egyptian President al-Sisi and Ethiopian Prime Minister Abiy Ahmed had agreed in July to finalize a deal within four months

Iran says European countries willing to buy our drones

TEHRAN, IRAN - A number of European countries have asked to purchase Iran’s unmanned aerial vehicles, the spokesperson for the...
  • A spokesperson for the Iranian Defense Ministry said Tehran is prepared to export military drones after fulfilling its domestic needs,
  • Political and security considerations will be taken into consideration before finalizing such deals, the spokesperson added.

Tehran exports goods worth $7.2bn to West Asia in 4 months from March 2023

TEHRAN, IRAN - Iran exported $7.2 billion worth of products to West Asian countries in the first four months of...
  • Comprehensive strategic five-year plans have been defined for the West Asian countries with a focus on trade infrastructure.
  • The plans include organizing and development of transportation platforms, banking exchanges, customs and standards.

The fight over a ‘dangerous’ ideology shaping AI debate

Paris, France - Silicon Valley's favorite philosophy, longtermism, has helped to frame the debate on artificial intelligence around the idea of...
  • Silicon Valley's favorite philosophy, longtermism, has helped to frame the debate on artificial intelligence around the idea of human extinction.
  • But increasingly vocal critics are warning that the philosophy is dangerous, and the obsession with extinction distracts from real problems associated with AI like data theft.

Years of coal plant expansion torment Turkey’s villagers

Villagers and environmental activists have been locked in clashes with the police in the southwestern Mugla province since their plant...
  • An AFP tour of five Turkish coal-fired power plant villages witnessed the high human cost of relying on the outdated, highly polluting energy source.
  • Turkey was the last among the G20 economies to ratify the Paris Climate Accords, doing so only after the environment became a top issue in the wake of deadly wildfires.

BRICS to coordinate approaches with new members within UN, G20: Lavrov

The BRICS summit, which held in Johannesburg from Aug 22-24 agreed to admit Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and...
  • Lavrov said BRICS leaders deal with real issues while Western politicians and reporters "tend to mostly wag their tongues".
  • The expanded BRICS’ positions in the Group of Twenty will strengthen because both Saudi Arabia and Argentina are its members, he said.

Iran readies to finalize document on wider cooperation with Oman

Tehran, Iran -- Iran has expressed its readiness to finalize the provisions of a strategic document on comprehensive cooperation with...
  • Iran's foreign minister Amir Abdollahian also appreciated the efforts by the Sultan of Oman and talked about Iran’s stances on the trend of talks aimed at lifting the sanctions.
  • Abdollahian appreciated Qatar for its role in the release of Iranian assets blocked in foreign countries.

Sheikha Fatima launches national plan for empowerment of Emirati women

ABU DHABI, UAE – Chairwoman of the General Women's Union (GWU) Sheikha Fatima bint Mubarak launched the National Strategy for...
  • This strategy comes in line with Sheikha Fatima’s vision to achieve fair and comprehensive women's participation in all fields.
  • The plan provides a general framework and guidance for decision makers in federal, local government institutions, private sector and civil society.

UN Security Council backs Morocco plan for W. Sahara autonomy

The UN Security Council voted Friday in favor of a resolution backing Morocco's autonomy plan for Western Sahara as the...

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Pope Francis is dead at 88, world leaders pay tributes to the energetic reformer

"Today, we lost a faithful friend of the Palestinian people and their legitimate rights," Palestinian president Mahmud Abbas said, noting...

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,...

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...

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Gaza rescuers say Israeli air strikes kill 25 and injure dozens of Palestinians

Gaza City, Palestinian Territories -- Gaza's civil defense agency reported that Israeli air strikes since dawn on Sunday have killed...
  • "Since dawn today, the occupation's air strikes have killed 20 people and injured dozens more, including children and women across Gaza," said Mahmud Bassal.
  • In a separate statement later, the agency reported that five people were killed in an Israeli drone strike on a group of civilians in eastern Rafah.

US aid cuts strain response to health crises worldwide: WHO

Riyadh, Saudi Arabia -- The United States slashing foreign aid risks piling pressure on already acute humanitarian crises across the...
  • Donald Trump has effectively frozen foreign aid funding, moved to dismantle USAID and other programs, and announced plans to leave the WHO.
  • Washington, which had long been the WHO's biggest donor, did not pay its 2024 dues, and it remains unclear if the United States will meet its membership obligations for 2025.

Lebanon president says disarming Hezbollah ‘delicate’ as two dead in strikes

Beirut, Lebanon -- Lebanese President Joseph Aoun said Sunday that disarming Hezbollah group was a "delicate" matter whose implementation required...
  • "We will implement" a state monopoly on bearing arms "but we have to wait for the circumstances" to allow this. "Nobody is speaking to me about timing or pressure."
  • Hezbollah, long a dominant force in Lebanon, was left weakened by more than a year of hostilities with Israel, sparked by the Gaza war.