Geostrategy

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Saudi Arabia’s next play: Capital to capability

FII 2025 marked Saudi Arabia’s shift from spectacle to scaffolding — pivoting from oil power to systemic force in energy,...
  • What distinguished this edition was not the staging but the facts now pointing the same way.
  • Multilaterals and the government upgraded growth projections. The sovereign wealth fund flagged a strategic pivot.

Israel says received bodies of two Gaza hostages from Red Cross

Not including the latest two, Hamas have so far given back the remains of 15 of the 28 deceased hostages...
  • Israel launched a wave of strikes on Gaza overnight from Tuesday to Wednesday after an attack that left an Israeli soldier dead in the south of the Palestinian territory.
  • Hamas has said its fighters had "no connection to the shooting incident in Rafah" and reaffirmed its commitment to the truce.

Israel hits another Gaza target after deadliest night since truce

Israel said it struck an arms dump in Gaza on Wednesday, hours after the deadliest night of bombing since the...
  • The military announced it had carried out a strike on a site in the Beit Lahia area of northern Gaza where it said weapons were being stockpiled for "an imminent terror attack."
  • Israeli troops, it said, would remain deployed in "accordance with the ceasefire agreement and will continue to operate to remove any immediate threat".

Trade truce in balance as Trump meets ‘tough negotiator’ Xi: ‘We’ll have a great understanding’

The world's two top economies' trade tussle -- encompassing everything from rare earths to soybeans and port fees -- has rocked...
  • Sitting opposite each other each leader was flanked by senior officials including Secretary of State Marco Rubio, Treasury chief Scott Bessent and Commerce Secretary Howard Lutnick
  • Xi's team, which arrived from Beijing shortly before - the US side was already in South Korea - included Foreign Minister Wang Yi, and Commerce Minister Wang Wentao

Israel hits dozens of targets as Gaza sees deadliest night since truce

Gaza's civil defense agency said more than 100 people were killed, including many children, but both US President Donald Trump...
  • The Hamas-run territory's civil defense agency said at least 35 children were among the more than 100 killed.
  • United Nations rights chief Volker Turk said the report of so many dead was appalling and urged all side not to let peace "slip from our grasp".

Syria attracted $28 bn in investment since Assad’s fall: president

Syria has begun the mammoth task of trying to rebuild its shattered economy, after over a decade of war saw...
  • Earlier this month, the World Bank put a "conservative best estimate" of the cost of rebuilding Syria at $216 billion.
  • In May, Syria signed a $7 billion energy deal with a consortium of Qatari, Turkish and US companies as it seeks to revive its crippled power sector.

Pakistan says peace talks with Afghanistan ‘failed’

Islamabad, Pakistan - Pakistan said Wednesday that negotiations for a lasting truce with Afghanistan had "failed to bring about a...
  • Pakistan and Afghanistan have been holding negotiations in Istanbul aimed at securing peace after the South Asian neighbours' deadliest border clashes in years
  • The violence, which killed more than 70 people and wounded hundreds, erupted following explosions in Kabul on October 9 that the Taliban authorities blamed on Pakistan

Trump says ‘nothing’ will jeopardize Gaza ceasefire after Israeli strikes kill 38 people

Trump defended Israel's actions on Wednesday, saying it "should hit back" if Israeli soldiers were killed, but added that "nothing's...
  • Prime Minister Benjamin Netanyahu ordered "powerful strikes" on Gaza, after his defence minister accused Hamas of attacking Israeli troops in Gaza
  • While Israel Katz did not say where the troops were attacked, Hamas said its fighters had "no connection to the shooting incident in Rafah" and reaffirmed its commitment to the US

Iran proposes regional currency to boost trade

Tehran, Iran -- Iranian President Masoud Pezeshkian on Tuesday proposed that Iran and its regional trading partners establish a shared...
  • Years of international sanctions, largely imposed by the United States over Tehran's nuclear programme, have severely weakened Iran's economy.
  • "Even a common currency could be adopted in the region to help promote economic development," he told a meeting with Tajik Interior Minister Ramazan Rahimzada.

OpenAI says a million ChatGPT users talk about suicide

San Francisco, United States -- Data from ChatGPT-maker OpenAI suggest that more than a million of the people using its...
  • estimated that approximately 0.15 percent of users have "conversations that include explicit indicators of potential suicidal planning or intent."
  • With OpenAI reporting more than 800 million people use ChatGPT every week, this translates to about 1.2 million people.

Hormuz traffic falls to lowest level in two months after surge in tanker attacks

Saudi Arabia confirmed three deaths and 36 injuries from Houthi strikes, while renewed Yemen fighting has displaced more than 200,000...

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US strikes hit Iran for the six consecutive time as energy concerns rise

For the first time in the latest escalation, US strikes also reached areas around the Iranian capital. Iran responded by...

US, Iran exchange fresh strikes as Trump says Tehran wants to ‘settle’

US Central Command (Centcom) said the latest operation struck Iranian command centers, air defense sites, missile and drone capabilities, as...

Global support for refugees remains strong, but skepticism over asylum claims persists: Ipsos

Thirty-four percent of respondents in the Ipsos survey said genuine refugees should seek asylum in the first safe country they...

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US strikes hit Iran for third night as Tehran expands retaliation across Gulf

US Central Command (CENTCOM) said its forces completed a five-hour mission that struck military targets in Bushehr, Chah Bahar, Jask,...
  • Hours earlier, Trump had told conservative radio host Hugh Hewitt that US forces would continue to strike Iran.
  • The IRGC said it carried out missile and drone strikes on Bahrain, targeting what it described as weapons support warehouse.

Dubai utility DEWA says solar park to exceed 8 GW capacity by 2030

Dubai, UAE -- Dubai's state utility DEWA said its flagship Mohammed bin Rashid Al Maktoum Solar Park will exceed 8,000...
  • Mohammed bin Rashid Al Maktoum Solar Park will exceed 8,000 megawatts (MW) of generation capacity by 2030.
  • The utility said it ranks first globally in 13 operational performance indicators, including electricity transmission and distribution losses of 2 percent.

US launches fresh strikes on Iran as Tehran expands attacks on Gulf bases

The latest operation followed approximately 140 US strikes carried out the previous day after Iran attacked a commercial ship in...
  • Iranian state media reported US strikes on the southern Gulf islands and said one person was killed and four others wounded in Khuzestan province.
  • Iran also reported drone strikes on sites in Oman, while Kuwait said border posts and an offshore oil platform had come under attack.