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.

Australia resumes use of term “Occupied Palestinian Territories”

Dubai, UAE - In a significant policy shift, the Australian government has announced its decision to reinstate the term "Occupied...
  • This policy shift marks a departure from Australia's previous reluctance to use the term "occupied" or "occupation" since 2014
  • As the Australian government adjusts its foreign policy stance, it continues to express support for Israel

Five key factors influencing potential Israel-Saudi diplomatic deal

Riyadh, Saudi Arabia -  In recent days, speculation has grown about the Biden administration's attempts to broker a normalization agreement...
  • One important component of the discussions is to boost US-Saudi ties in multiple areas, including security and civilian nuclear cooperation
  • Saudi Arabia seems less likely to move as quickly as the United Arab Emirates, Bahrain, and Morocco did in the Abraham Accords, for a range of reasons

Israeli troops shoot Palestinian dead in occupied West Bank

Israel has occupied the West Bank since 1967 and its forces regularly make incursions into Palestinian communities.
  • Mahmoud Jihad Jarad, 23, was shot dead by troops during an overnight raid on Tulkarm refugee camp in the northern West Bank.
  • Jarad's body was shrouded in a Palestinian flag, his head wrapped in a keffiyeh, as he was carried through the streets in a funeral procession.

Spill risk over as UN removes oil from decaying Yemen tanker

Hodeida, Yemen -- The United Nations said Friday it had successfully transferred more than one million barrels of oil from a...
  • The milestone means that "the core aspect" of a years-long effort to address the threat posed by the Safer, often referred to as a "ticking time bomb", is now finished, the UN said
  • All told, the UN has priced the operation at $143 million, a fraction of the estimated $20 billion clean-up costs in the event of a spill.

Covid cases up 80 percent globally as new subvariant rises

The number of new COVID-19 cases reported worldwide rose by 80 percent in the last month, the World Health Organization...
  • The UN agency said that nations reported nearly 1.5 million new cases from July 10 to August 6.
  • Many of the new cases came in the Western Pacific region, which saw infections jump by 137 percent.

Egypt dig unearths 41-million-year-old whale in desert

With an estimated length of 2.5 metres (eight feet) and a body mass of approximately 187 kilogrammes (410 pounds), Tutcetus...
  • The team has dubbed the species "Tutcetus rayanensis" after the Egyptian boy king Tutankhamun and the Wadi El-Rayan Protected Area in Egypt's Fayoum Oasis
  • Fayoum Oasis, some 90 miles southwest of Cairo, boasts Wadi al-Hitan, the Valley of the Whales, a UNESCO World Heritage Site that has turned up hundreds of fossils

IS attack on bus kills 23 Syrian soldiers: monitor

Despite losing their last piece of territory in Syria in 2019, IS has maintained hideouts in the vast Syrian desert...
  • The attack killed "23 soldiers and wounded more than 10 others", some of whom in critical condition, said the Syrian Observatory for Human Rights
  • Ten Syrian soldiers and pro-government fighters were killed earlier this week in an IS attack in the Raqa province, the Observatory said Tuesday

Iran says prisoners deal agreed with US: state media

Based on the agreement, five Iranian prisoners in the US and five American prisoners in Iran will be exchanged," the...
  • All of the detained Americans are of Iranian descent, but Iran does not recognize dual nationality
  • Iranian state media reported that the process had begun to also release Iranian funds in a European bank

Tunisia, Libya collaborate to help stranded migrants at border

In a collaborative bid to address the migrant crisis, Tunisia and Libya have announced a shared responsibility for hundreds of...
  • Tunisia and Libya agree to share responsibility for hundreds of migrants stranded at their border
  • Tunisia will take charge of 126 migrants, including children, with Libya accommodating the remaining 150-200

US, Iraq strengthen security ties; vow to defeat ISIS; set up military commission

WASHINGTON – The United States and Iraq pledged to boost security cooperation, regional stability, and the shared interest in Iraq's...
  • Iraq, US focus on the 2008 U.S.-Iraq Strategic Framework Agreement and non-combat role of U.S. forces
  • The two countries emphasize recognition of the support from CJTF-OIR to the Iraqi Security Forces

Long-shot socialist Mamdani in touching distance of becoming NY mayor

New York, United States - An unknown local lawmaker just a few months ago, leftist Zohran Mamdani has burst onto...

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In skies, as on land, European forces face gaps if US pulls back

Leeuwarden, Netherlands - Fighter jets from the United States, France, Finland and Germany roar into the skies from a Dutch...

Bridges in the Gulf: wealthy states mediate crisis after crisis

Dubai, United Arab Emirates - When US and Iranian negotiators meet in Oman on Saturday they will be just the...

Trump warns of military option; Iran threatens to end UN nuclear inspections before Oman talks

Last month, Trump sent a letter to Khamenei, who has the final say in matters of state in Iran, calling...

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Turkey opposition to fight Erdogan ‘until the end’: leader tells AFP

The Turkish opposition will fight "until the end" against President Recep Tayyip Erdogan, the leader of the opposition CHP party...
  • Republican People's Party (CHP) leader Ozgur Ozel demanded snap polls that would show the "biggest no confidence vote in history" against Erdogan
  • Imamoglu's arrest sparked the biggest opposition protests to grip Turkey since 2013 although the rallies have dipped in intensity over the past 10 days

US reiterates support for Morocco on Western Sahara

Secretary of State Marco Rubio on Tuesday renewed US support for Morocco's sovereignty and political plan for Western Sahara, a...
  • Trump, during his first term in office, in 2020 recognized Morocco's claim to the vast desert territory after the kingdom normalized relations with Israel
  • Morocco mostly controls the former Spanish colony but has been challenged for decades by the Algeria-backed Polisario Front

Israel seizes Gaza territory as Macron signals imminent French recognition of Palestinian statehood

French President Emmanuel Macron meanwhile said that France plans to recognise a Palestinian state in the "coming months", a move...
  • Israel's Defence Minister Katz said that "large areas are being seized and added to Israel's security zones, leaving Gaza smaller and more isolated."
  • Katz emphasised that Israel would keep increasing pressure on Gaza "until the hostages are freed and Hamas is defeated."