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.

Key Johnson ally resigns with scathing attack on British PM

Former culture minister Nadine Dorries announced her intention to resign 11 weeks ago but had remained as member of parliament...
  • In her resignation letter, Dorries accused PM Rishi Sunak of abandoning the fundamental principles of Conservatism and said "history will not judge you kindly"
  • Former culture minister Nadine Dorries was unexpectedly not awarded a seat in the upper chamber of parliament, the House of Lords, in Johnson's resignation honors list

3 US Marines dead after aircraft crashes during drills in Australia

Rescue efforts were complicated by the location of the crash -- the remote and sparsely populated Melville Island about 60...
  • Five Marines had been rescued from the crash site and flown to a hospital in Darwin in a "serious condition", the United States officials said
  • PM Anthony Albanese described the incident as "tragic" and "regrettable" but stressed that authorities were still trying to piece together what happened

Iran-Russia military ties not subject to US dictates: Russia deputy FM

Tehran, Iran--Iran and Russia are independent countries whose military cooperation is not subject to the dictates of the United States...
  • The Russian minister said that Iran and Russia were independent countries and not subject to the dictates of the US and its allies
  • He termed the military cooperation with Iran as completely legal and fully consistent with the international obligations of Russia and Iran

At least 11 Syrian soldiers die in a rebel attack in Idlib

The rebels "detonated tunnels they had dug beneath army positions and simultaneously launched an assault from other tunnels", said Rami...
  • The attack involving jihadists from the Ansar al-Tawhid group and the Turkestan Islamic Party (TIP) took place in Idlib
  • Two children were killed and five other civilians wounded when their home was hit in the village of Kansafra

Climate change to be discussed in Dubai COP28 meet, says Egypt minister

Cairo, Egypt - Egyptian Minister of International Cooperation Dr. Rania Al Mashat, said the 28th Conference of the Parties to...
  • noted that international reports indicate that the countries in the Middle East and North Africa region are most vulnerable to climate change risks
  • Al Mashat added that COP28 will see presentations on the most important results and joint action taken over a year within the National Platform for Green Projects

10 killed as minibus plunges into ravine in Iran

TEHRAN, IRAN - A minibus carrying mountaineers in Iran plunged into a ravine, killing 10 people, state media reported on Saturday....
  • If the seat belts had been buckled, the number of victims would have been lower, an Iranian official said.
  • The minibus was heading towards a tourist village in the mountainous region when it overturned, the official added.

Iran court asks US to pay $330m fine for planning a coup against Tehran

A court in Tehran has ordered the US government to pay $330 million in damages for "planning a coup" against...
  • Several people were killed in clashes between the coup plotters and government forces, and scores of others were arrested.
  • State news agency IRNA said the "insurgents" were led by a former Iranian air force commander, and had their headquarters in Nojeh.

Joint Jordanian-Yemeni Business Council to resume activities, says JCC

AMMAN, JORDAN - President of the Jordan Chamber of Commerce (JCC) Khalil Al-Haj Tawfiq on Saturday discussed with Director General...
  • The Jordan Chamber of Commerce stressed on the importance of attracting new Yemeni investments to the Hashemite Kingdom.
  • The JCC said the Kingdom offers several opportunities in multiple commercial, service and industrial sectors for investors.

NASA and SpaceX Dragon spacecraft blasts off to ISS

Florida, US--NASA and SpaceX's Dragon spacecraft blasted off on Saturday carrying four astronauts to the International Space Station. The Crew-7...
  • Carried by a Falcon 9 rocket, the Dragon spacecraft lifted off at 3:27 am (0727 GMT) from Launch Complex 39A at NASA's Kennedy Space Center in Florida
  • The multinational crew will spend six months aboard the ISS, where they will carry out science experiments including collecting samples during a spacewalk

BRICS expansion points to a shift in global dynamics

The Middle East, with its vast resources and strategic position, can play a crucial role in BRICS' vision of a...
  • The inclusion of major Middle Eastern countries, six out of the ten biggest global oil suppliers, will now be part of the BRICS
  • This gives the alliance significant leverage in the global energy market, potentially influencing global oil prices and energy policies

Unexploded bombs haunt Gazans, posing deadly risk as fragile truce halts demining efforts in ruins

After two years of war, the ruined cities of Gaza, a densely packed territory home to more than two million...

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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...

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...

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...

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Global tax plans targeting super rich and tech giants stall under Trump

Paris, France -- Global tax plans targeting billionaires and multinational companies are running aground, with the United States torpedoing reforms...
  • Countries have accused Amazon, Microsoft, Google owner Alphabet and Facebook's parent company Meta of sidestepping local taxes.
  • Trump issued a warning on February 21 to countries that would hit big tech and other US companies with fines or taxes that are "discriminatory, disproportionate".

‘Resist Tyranny’: Another round of anti-Trump demonstrations hit major US cities

Many took aim at Trump's deportations of undocumented migrants, chanting "No ICE, no fear, immigrants are welcome here," a reference...
  • In New York, people gathered outside the city's main library carrying signs targeting the US president with slogans like "No Kings in America" and "Resist Tyranny."
  • In Washington, protesters voiced concern that Trump was threatening long-respected constitutional norms, including the right to due process.

US Supreme Court intervenes to pause Trump deportations

Washington, United States - The US Supreme Court, in a dramatic nighttime intervention Saturday, paused President Donald Trump's unprecedented use...
  • The emergency ruling, delivered in two terse paragraphs, noted that two of the most conservative of the nine justices had dissented
  • The order temporarily prevents the government from continuing to expel migrants under the 1798 Alien Enemies Act