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.

Dubai Police records 65,942 ‘transactions’ at smart police stations in H1

Dubai, UAE-- During the first half of 2023 the Dubai Police has recorded some 65,942 smart transactions at its 22...
  • According to the police, some 66,000 smart transactions were processed without any human intervention, including the lodging of 16,000 reports
  • Major General Ali Ahmad Ghanim said residents and visitors expect top-notch police services that are both innovative and convenient

Syria cancels BBC’s accreditation over ‘misleading reports’

In a rare move against an international media organization, the Syrian government has cancelled the BBC's accreditation over what it...
  • The information ministry said that accreditation of the BBC Radio correspondent in Syria was also revoked
  • In a terse statement BBC responded that its Arabic news provides impartial independent journalism

Libyan rival leaders to work together for oil income

TRIPOLI, LIBYA- Rivals in politically divided Libya have agreed to form a committee on sharing oil revenues, a move welcomed on...
  • The UN Support Mission in Libya said the financial oversight committee's "inclusive approach" will help enable "a level-playing field for candidates in the polls.
  • Ballots in Libya had been due in December 2021 but disputes including who should stand in the polls meant they were never organized.

EU official denounces Israel for attacking West Bank refugee camp

A European envoy blasted Israel over the "proportionality" of the force it uses, as international envoys toured Jenin refugee camp...
  • European Union representative to the Palestinian territories Sven Kuehn von Burgsdorff led a delegation of UN officials and diplomats from 25 countries to the West Bank.
  • "If there is no political solution to the conflict, we are going to stand here in a week's time, in a month's time... with nothing changed," Kuehn von Burgsdorff said.

Four attackers, Iran policeman killed in clash

TEHRAN, IRAN -  Four assailants were killed on Saturday after blasting their way into an Iranian police compound, leaving one officer...
  • "Four unidentified armed individuals attacked and entered police station Number 16 of Zahedan", the capital of Sistan-Baluchistan province.
  • The attackers used grenades to blast open the gates of the police station and an exchange of fire occurred.

Libya court imposes prison terms on three for human trafficking

One of the three, whose identities and nationalities were not given, was sentenced to life in prison and the other...
  • Libya is constantly slammed for its handling of migrants with rights groups alleging mistreatment by smuggling groups
  • With Italian shores just 290 kilometers away, Libya is a key launchpad for migrants who are often escaping conflict and poverty

Three Palestinians killed in violence at West Bank

NABLUS, PALESTINIAN TERRITORIES -  Three Palestinians were killed on Friday in the occupied West Bank, a day after the United Nations...
  • Israeli forces killed two Palestinian fighters when a firefight erupted during a raid on the northern West Bank city of Nablus, officials from both sides said.
  • The army said it had entered Nablus to arrest two individuals wanted over a shooting earlier this month targeting Israeli police.

HRW urges Tunisia to stop expelling African migrants to desert

Hundreds of migrants from sub-Saharan Africa have been left stranded in dire conditions in the south of Tunisia since being...
  • Sfax, the North African country's second-largest city, is a departure point for many hoping to reach Europe by sea.
  • Tunisian security forces have collectively expelled several hundred Black African migrants and asylum seekers, HRW said.

Iraq, GECF discuss role of oil, gas in country’s development

BAGHDAD, IRAQ -  Secretary General of the Gas Exporting Countries Forum (GECF) Mohammed Hamel on Friday stressed the importance of...
  • The two discussed the oil and gas sector and stressed on the importance of supporting gas and renewable energy investment projects.
  • The two leaders discussed on the development of the oil and gas sector in Iraq and its role in the country's economy.

Kuwait has third largest millionaire population in world

Dubai, UAE -- Kuwait ranked third and Qatar 22nd on the list -- prepared by the World of Statistics --...
  • About 15 percent of Kuwaitis were millionaires, after Hong Kong's 15.3 percent and Switzerland, which had the highest number of millionaires (15.5 percent) in the world.
  • According to the World Wealth Report 2022, the average net worth of a millionaire in Kuwait is $2.9 million.

Lavrov and Rubio discuss Putin-Trump summit, Zelensky seeks invite to the meeting

Russia's top diplomat Sergei Lavrov and US counterpart Marco Rubio discussed preparations for an upcoming summit between Vladimir Putin and...

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Israel deepens Gaza offensive, shuts key routes, and orders evacuations amid heavy civilian casualties

US President Donald Trump "fully supports" Israel's renewed Gaza operations, White House Press Secretary Karoline Leavitt told reporters when asked...

Russia to hold talks with US in Riyadh Monday: Kremlin

Donald Trump spoke to both Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky this week and the US is also due...

Israel announces ground operations, issues ‘last warning’ to Gazans to remove Hamas from power

Israeli forces this week conducted the deadliest wave of air strikes since the start of a truce in January, killing...

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Deepfakes can clone your voice in 5 seconds, tech firms mount defense

Las Vegas, United States -- Tech firms are fighting the scourge of deepfakes, those deceptively realistic voices or videos used...
  • Hong Kong police recently revealed that a multinational firm employee was tricked into wiring $26m to crooks who staged a videoconference with AI avatars of his colleagues.
  • A recent study by identification start-up iBoom found that a scant tenth of one percent of Americans and Britons were able to correctly tell when a picture or video was a deepfake.

Netanyahu says Gaza strikes ‘only the beginning’, future negotiations ‘only under fire’

Hamas has not responded militarily so far, and in a statement urged friendly countries to "pressure" the United States to...
  • The strikes, by far the largest since a truce took effect in January, killed more than 400 people across the Gaza Strip
  • Netanyahu said in a video statement on Tuesday evening "Hamas has already felt the strength of our arm in the past 24 hours

Trump, Putin agree halt to Ukraine energy attacks but no ceasefire

Donald Trump and Vladimir Putin agreed Tuesday on a halt in Russian attacks against Ukrainian energy targets -- but fell...
  • The US and Russian leaders spoke for more than an hour and a half and both expressed hopes for repairing relations between the countries
  • However, there was no agreement from the Russian president for Washington's proposed full 30-day ceasefire in Russia's invasion of its pro-Western neighbor