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.

Iraq and Turkey foreign ministers hold talks on water supply, oil

The foreign minister's visit is also intended to pave way for Turkish President's trip to Baghdad for which a date...
  • The level of water in the Tigris and Euphrates rivers has seen an alarming reduction in the last few years
  • The two ministers also talked of the imminent resumption of oil exports from Iraqi Kurdistan to Turkey

Dubai Customs foils two attempts to smuggle 171,600 pills

DUBAI, UAE - The Customs Intelligence Management within Dubai Customs has successfully thwarted two separate attempts to smuggle controlled drugs...
  • In the first operation, a shipment consisting of three parcels concealed 96,600 pills of the controlled medication Cipralex, weighing 57 kg.
  • The second operation revealed 75,000 capsules of the prohibited drug Pregabalin, weighing 64 kg and distributed across three parcels.

UAE, KSA optimistic as BRICS leaders weigh expansion

South Africa has revealed potential BRICS expansion plans at the Johannesburg summit, with keen interest shown by Middle Eastern nations,...
  • South Africa revealed potential BRICS expansion plans at the Johannesburg summit, with keen interest shown by Middle Eastern nations, notably UAE and Saudi Arabia
  • Analysts suggest that BRICS' potential expansion could strain relations with major powers, highlight the bloc's diverse appeal, but also raise concerns about diluted influence

Russian army officials visit Libya after invite from pro-Moscow Haftar

Haftar, who backs the country's eastern administration, is close to Russia's private Wagner mercenary group, whose troops guard military and...
  • It said the visit, led by Deputy Defense Minister Yunus-bek Yevkurov, was organized after talks with Libya at the Army-2023 expo and Moscow Conference on International Security.
  • Wagner maintains a strong military presence in Africa, where it has partnered with several nations, including Mali and the Central African Republic.

4 children rescued from cable car in Pakistan

Military helicopters and zipline experts rescued four children from a group of eight people trapped for hours in a stricken...
  • Six children and two adults spent almost 12 hours trapped inside the chairlift at a height of up to 1,200 feet (350 metres) in Khyber Pakhtunkhwa of Pakistan.
  • A video of the first rescue showed a teenager in a harness hanging at the bottom of a swinging rope under a helicopter as crowds cheered with relief.

Former Thai PM Shinawatra jailed after return from exile

Hundreds of supporters lined the streets as the former Manchester City owner was taken to the Supreme Court. There, he...
  • The divisive billionaire landed in a private jet at Bangkok's Don Mueang airport at 9 am (0200 GMT), to be greeted by supporters
  • While Thaksin was being processed by the courts, his party formally nominated Srettha as its PM candidate in parliament

Saudi Arabia accedes to United Nations’ CISG convention

Riyadh, Saudi Arabia -- Saudi Arabia has officially acceded to the United Nations Convention on Contracts for the International Sale...
  • Saudi Arabia became the 96th State Party to the Convention. The Convention will enter into force for Saudi Arabia, except for its part III, on 1 September 2024.
  • The CISG establishes a comprehensive code of legal rules governing the formation of contracts for the international sale of goods and the obligations of the buyer and seller.

Cheap goods flood ‘Daglo’ markets after Sudan looting

During more than four months of deadly conflict between Daglo's Rapid Support Forces (RSF) and the regular army, the paramilitaries...
  • While not directly linked to the RSF in any way, the "Daglo" market has come to be known by that name in a wink at the looting associated with fighters loyal to paramilitary chief
  • The market lies on the main road linking Khartoum and the city of Wad Madani, where many residents of the capital displaced by the fighting have found shelter

Two fighters killed in Israeli strikes near Damascus: NGO

Israel, during more than a decade of civil war in Syria, has launched hundreds of air strikes on its territory,...
  • Syrian Observatory for Human Rights said "two pro-regime fighters were killed in Israeli strikes against military positions"
  • Syria's official news agency had said earlier that the country's air defences had intercepted "hostile targets" in the Damascus area

Syrians rally against poor economic conditions in government-held areas

Beirut, Lebanon - Hundreds of demonstrators took to the streets again on Monday in Syria's southern city of Sweida, local media...
  • Days of rare protests have erupted in the south after the government lifted fuel subsidies last week, dealing a blow to Syrians.
  • "We've had enough, the Syrian people are suffocating," one activist in Sweida said on condition of anonymity for security reasons.

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...

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Chinese vent anger at Trump’s trade war with memes, mockery

Beijing, China -- While China's leaders use their economic and political might to fight Donald Trump's trade war "to the...

Deadly US strikes hit Yemen fuel port used by Huthis

The US military said it had destroyed a key Yemeni fuel port as it targets the country's Huthi rebels, who...

Hamas rejects Israel’s truce plan, demands full withdrawal and end of war in Gaza

The Palestinian militants' chief negotiator spoke out after civil defence rescuers in Gaza said new Israeli air strikes killed at...

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Qatar renews $60 mn grant for Lebanon army salaries

Qatar is to renew a $60 million grant to pay the salaries of Lebanon's army and provide 162 military vehicles,...
  • The Lebanese President arrived in Qatar on Tuesday accompanied by foreign minister Youssef Raggi, and departed Doha on Wednesday afternoon
  • The gas-rich Gulf state in February pledged support for reconstruction in Lebanon and was already a provider of financial and in-kind support to the Lebanon

UN watchdog chief says Iran ‘not far’ from nuclear bomb

The United Nations nuclear watchdog chief Rafael Grossi warned on Wednesday that Iran was "not far" from possessing a nuclear...
  • Western countries including the United States have long accused Iran of seeking to acquire nuclear weapons, an allegation Tehran has consistently denied
  • The UN watchdog was tasked with overseeing Iran's nuclear programme and its compliance with a 2015 nuclear deal which collapsed three years later

Israel says 30% of Gaza now buffer zone, escalates offensive and maintains aid blockade

Prime Minister Benjamin Netanyahu also ordered security chiefs and negotiators to keep pressing for the release of hostages held by...
  • Prime Minister Netanyahu also ordered security chiefs and negotiators to keep pressing for the release of hostages held by Hamas in Gaza
  • The Israeli military said that it had "achieved full operational control over several key areas and routes throughout the Gaza Strip."