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

Southern EU countries call for ‘immediate release’ of Gaza aid

Countries of the so-called MED9 group -- Croatia, Cyprus, France, Greece, Italy, Malta, Portugal, Slovenia and Spain -- met on...
  • "There is absolutely no excuse for anyone to block such humanitarian aid," Slovenian Prime Minister Robert Golob said.
  • The reopening of the Rafah border crossing between the Gaza Strip and Egypt remains on hold despite calls from the UN and aid groups.

Trial opens in Klarna’s $8.3 billion lawsuit against Google

Stockholm, Sweden -- A Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner,...
  • The Swedish tech startup filed its suit with the Patent and Market Court in Stockholm in 2022.
  • It filed the suit after EU General Court ruling that Google "breached EU antitrust laws by manipulating search results in favor of their own comparison shopping services".

Trump says Gaza ceasefire still in force after Israeli strikes, suggests Hamas leadership didn’t violate truce

Asked by reporters whether the truce was still in effect, Trump said: "Yeah, it is". The US president, who helped...
  • The dozens of strikes Israel carried out on Hamas positions in Gaza Sunday came after it accused the militant group of targeting its troops in "a blatant violation" of the truce
  • The deal established the outline for hostage and prisoner exchanges, and proposed an ambitious roadmap for Gaza's future, but it has quickly faced challenges to its implementation

Cash-strapped Gazans left disappointed as first banks reopen

Deir el-Balah, Palestinian Territories -- The Palestinians trying to rebuild their lives in the ruins of Gaza are short of...
  • Food is purchased with cash or through bank transfers, which are often complicated due to power and communication outages.
  • Gazans have lost a lot of savings and commissions on transfers can reach 40 percent.

Publishers fight back against US book bans

Frankfurt, Germany -- Escalating attempts to remove works featuring themes such as LGBTQ lifestyles and race relations from US bookshelves...
  • In 2020 just under 300 titles faced "challenges" -- demands to restrict access to them or remove them entirely -- across the United States.
  • That number began surging the following year, and reached over 9,000 in 2023, said the NGO, whose office for intellectual freedom has been tracking challenges since 1990.

13 killed in Gaza as Hamas says Israel devising pretexts to resume attacks

Izzat Al-Rishq, a member of Hamas's political bureau, reaffirmed the group's commitment to the ceasefire and said Israel "continues to...
  • Palestinian witnesses told AFP clashes erupted in the southern city of Rafah in an area still held by Israel.
  • Hamas had been fighting a local Palestinian gang known as Abu Shabab but the militants were "surprised by the presence of army tanks".

Protesters out in force for anti-Trump ‘No Kings’ rallies across US

Organizers said seven million people attended protests spanning New York to Los Angeles, with demonstrations popping up in small cities...
  • Trump's response to Saturday's events was typically aggressive, with the US president posting a series of AI-generated videos to his Truth Social platform depicting him as a king.
  • In one, he is shown wearing a crown and piloting a fighter jet that drops what appears to be feces on anti-Trump protesters.

China’s power paradox: record renewables, continued coal

Bangkok, Thailand -- Call it the China power paradox: while Beijing leads the world in renewable energy expansion, its coal...
  • China accounted for 93 percent of new global coal construction in 2024, the Centre for Research on Energy and Clear Air (CREA) found.
  • China wants 3,600 gigawatts of wind and solar by 2035, but that may not meet future demand, risking further coal increases.

Iran says no longer bound by ‘restrictions’ on its nuclear programme

Iran said on Saturday that it was no longer bound by restrictions on its nuclear programme as a landmark 10-year...
  • The 2015 deal -- signed in Vienna by Iran, China, Britain, France, Germany, Russia and the United States -- saw the lifting of international sanctions against the Islamic republic
  • But the pact had already been in tatters after Washington unilaterally withdrew during President Donald Trump's first term, with Iran later pulling back from its commitments

US envoy Witkoff felt ‘betrayed’ by Israeli attack on Hamas in Qatar

Washington, United States - US envoy Steve Witkoff, President Donald Trump's chief negotiator on the Middle East, has said that...
  • "I think both Jared and I felt, I just feel we felt a little bit betrayed," Witkoff told the CBS news program "60 Minutes" in excerpts released Friday
  • At the time, the strike halted the indirect negotiating process to end the fighting in the devastated Gaza Strip, triggered by Hamas's October 7, 2023 attack on Israel

Yemen forces retake Mokha as Houthi war widens regional tensions

The claim comes after Saudi Arabia, Turkiye and Pakistan agreed to activate collective deterrence measures under their Mecca defense pact...

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Missile attack sets tanker ablaze off Oman as US blames Iran

The latest incident follows weeks of escalating tensions over a US-backed maritime corridor through Omani territorial waters, a route Iran...

Funeral procession for Khamenei begins, mourners carry anti-US and anti-Israel messages

Organizers said the procession is expected to last between 10 and 12 hours along a roughly 10-kilometre route passing through...

OPEC+ agrees fresh August output hike as Gulf oil production slowly recovers

The producer group approved another increase of 188,000 barrels per day for August, signaling confidence that Gulf oil output can...

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Mourners stream into Tehran for Khamenei farewell amid calls for ‘revenge’

The funeral of Iran's assassinated supreme leader has drawn mourners and foreign delegations from more than 100 countries, with Tehran...
  • Red flags symbolising demands for revenge were prominently displayed during the funeral ceremony.
  • More than 5,000 schools have been opened to accommodate pilgrims travelling to Tehran for the funeral.

Adani, Abu Dhabi’s IRH to invest $11.5bn in Odisha aluminum project

Dubai, UAE -- Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH), an IHC Group company, have agreed to establish...
  • The integrated complex will include an alumina refinery, aluminium smelter, captive power plant and downstream manufacturing park.
  • The investment is expected to create 53,500 jobs and become India's largest foreign investment in the metallurgy sector.

Iran begins funeral ceremonies for Khamenei as Tehran prepares for massive show of unity

Millions are expected to gather in the Iranian capital over the coming days, with senior regional leaders attending ceremonies that...
  • New IRGC chief Ahmad Vahidi makes his first public appearance since before the war.
  • Officials estimate that between 15 million and 20 million people could participate in the ceremonies across Tehran.