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.

British lawmakers call for ‘fresh approaches” to seek Egyptian dissident’s release

London, United Kingdom--Over 100 British lawmakers on Monday expressed concern at the lack of progress in the case of a jailed...
  • Alaa Abdel Fattah, the rights campaigner, is serving a five-year prison sentence for "spreading false news" by sharing a Facebook post about police brutality
  • The lawmakers call for fresh "approaches" as in their opinion private lobbying of the Egyptian government even at the higest levels is yet to deliver results

Israeli army kills one Palestinian in West Bank: Palestinian health ministry

The city of Jenin and its adjacent refugee camp are a regular site of confrontations between Israeli forces and Palestinian...
  • Israeli army said its forces had struck a joint operations center, which it claimed served as a command post for the "Jenin Brigade", a local militant group
  • The army said the early Monday operation had targeted an "observation and reconnaissance" site, as well as a weapons storage facility

Dubai Customs, Japan seize drugs worth $310m from Tokyo port

DUBAI, UAE- Dubai Customs has assisted Japanese customs authorities in intercepting a significant quantity of illicit drugs. Up to 700...
  • Up to 700 kilograms of "methamphetamine" powder, worth $310 million, were concealed within a cargo ship.
  • The successful operation led to the apprehension of both the cargo ship and the illegal drugs at Tokyo Port.

Hamas let Gaza residents pose with weapons at open exhibition

Exhibitions are also scheduled to take place on Saturday in the north and center of the Gaza Strip, where people...
  • Members of the Ezzedine al-Qassam Brigades mingled with young men and women at the exhibition in Gaza City's Unknown Soldier's Square
  • Among the Hamas weapons on display in Gaza City on Friday were a range of locally manufactured missiles, "Shihab" drones

Israel okays deal with Lockheed Martin to buy F-35 fighter jets

Israel has approved buying a third squadron of advanced F-35 fighter jets manufactured by Lockheed Martin in a $3-billion deal,...
  • In May 2018, Israel's military said it had become the first country to use F-35s in combat.
  • The deal to purchase 25 F-35 jets- expected to be signed in coming months - will expand the country's fleet of the aircraft to 75.

OIC calls for measures to prevent Quran burning incidents

The Saudi Arabia-based Organization of Islamic Cooperation called for collective measures to avoid future Quran burnings, days after a copy...
  • The OIC urged member states to "take unified and collective measures to prevent the recurrence of incidents of desecration of copies of the" Quran.
  • The burning of the holy book coincided with the start of the Eid al-Adha holiday and the end of the annual hajj pilgrimage in Saudi Arabia.

Hundreds more arrested in fifth night of French rioting

Protesters, mostly minors, have torched cars, damaged infrastructure and clashed with police in an outpouring of rage since an officer...
  • The interior ministry said police had made 719 arrests overnight -- still a provisional tally -- after around 1,300 the previous night.
  • Some 45,000 police had been deployed across France, the same number as the night before, and backup was dispatched to the previous days' flashpoints, including Lyon,

Iran exhorts France ‘to end violent treatment’ of protesters

France has been rocked by a major wave of violent street protests sparked by the fatal police shooting of a...
  • Iranian Foreign Ministry spokesman Nasser Kanani on Twitter also urged Iranian citizens to "refrain from making unnecessary trips to France"
  • The unrest in France has made headlines in newspapers in the Islamic republic, which was hit last year by nationwide protests

Protesters keep pressure on Israel PM over reform plan

The demonstrators have kept up the pressure with weekly rallies against Netanyahu, who returned to power last December at the...
  • As they have done every Saturday for months, protesters thronged Tel Aviv to demonstrate against the government's judicial overhaul proposa
  • In March, as the mass protests were backed by sweeping industrial action, Netanyahu announced a "pause" to allow for talks on the reforms

Israel launches air strikes on govt-held city of Homs in Syria

Citing a military source, Syrian state news agency SANA said that Israel carried out air strikes near the government-held city...
  • Quoting a source, SANA said Syrian air defenses intercepted some missiles, adding that there were some "material" losses
  • The targeted area, according to the Syrian Observatory for Human Rights war monitor, was a Hezbollah stronghold housing arms depots

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,...

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Electric, hybrid and aerial to entirely transform city life: IIT Madras expert

Easier commutes with faster, quieter, and eco-friendly vehicles would reduce travel times significantly and reduce stress for urban residents, says...

Iran says response to Trump’s letter under ‘assessment’

Iran will conduct a "thorough assessment" before responding to US President Donald Trump's letter urging nuclear talks and warning of...

Egypt, Jordan, Hamas, PLO hail Trump remarks on not ‘expelling’ Palestinians from Gaza

It was not immediately clear whether Trump's comments signalled further backtracking from his widely criticised proposal to take over the...

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Arab ministers, US envoy discuss Gaza reconstruction amid ongoing ceasefire talks in Qatar

The plan by Muslim-majority nations has been rejected by both Israel and its key ally the United States, but has...
  • The 57-member Organization of Islamic Cooperation (OIC) formally adopted a plan put forward by the Arab League at an emergency meeting in Saudi Arabia
  • The Egyptian-spearheaded plan emerged as a proposal to rebuild the Gaza Strip under the future administration of the Palestinian Authority

US trading partners hit back on steel, aluminum tariffs

The steep 25-percent levies came into place after midnight with no exemptions despite countries' efforts to avert them, in a...
  • Canada, which is heavily exposed to the US steel and aluminum levies, announced additional tariffs of CAN$29.8 billion ($20.7 billion) on US goods, coming into force Thursday.
  • Uncertainty over Trump's trade plans and worries that they could tip the world's biggest economy into a recession have roiled financial markets.

Hamas confirms Gaza truce talks in Doha as Yemen’s Huthis threaten Israeli shipping over aid block

The initial phase of the truce brokered by Qatar, Egypt and the United States began on January 19, and helped...
  • The first 42-day phase of the truce deal expired in early March without agreement on subsequent stages meant to secure a lasting end to the war
  • There are differing views on how to proceed, with Hamas seeking immediate negotiations for the next phase, while Israel wants to extend the first phase