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.

French president announces measures to quell riots

French President Emmanuel Macron announced measures including more police and urged parents to keep minors off the streets as he...
  • French President Macron attempted to strike a balance between political pressure for a harsh response and fears of triggering a still stronger backlash.
  • "Additional means" would be mobilized by government to tackle the rioting, Macron said, without specifying how many more officers might be involved.

Iran to join Shanghai alliance with China, Russia next week: Lavrov

Moscow, Russia -- Iran will be formally approved as a member of the regional Shanghai Cooperation Organization with China, Russia and...
  • Iran has intensified its diplomacy with friends and foes alike in recent months, seeking to reduce its isolation, improve its economy and project strength.
  • The SCO, which has its headquarters in China, is a diplomatic organization with eight members, including India and Pakistan.

Arab world expresses outrage over Quran desecration in Sweden

Described as a "flagrant provocation to all Muslims," the incident has drawn outrage from the Council of Arab Interior Ministers,...
  • The organizations emphasize the importance of respect for human rights and all religious beliefs.
  • The UAE's Ministry of Foreign Affairs summons Swedish envoy to lodge protest and condemnation.

Canada, others to seek damages from Iran at UN court over downed jet

On Wednesday, Iran took Canada to the Hague-based International Court of Justice, the UN's top tribunal, accusing Ottawa of allowing...
  • Iranian forces shot down Ukraine International Airlines flight PS752 shortly after takeoff from Tehran on January 8, 2020, killing all 176 people on board
  • Canada, Britain, Sweden and Ukraine - which had a number of citizens on board - have been seeking reparations on behalf of victims' families

UN General Assembly creates body to probe fate of Syria’s missing

The Independent Institution on Missing Persons in the Syrian Arab Republic will "clarify the fate and whereabouts of all missing...
  • Resolution calls for the UN chief, and other relevant parties to define the new organization's mandate in the next 80 days
  • Thursday's vote came after UN secretary-general Antonio Gutterres called for the formation of such a body in a report in August

US to sell $440m in ammunition, parts to Taiwan

Taiwan's defense ministry on Friday welcomed the planned sale for "providing the need for enhancing our defense capacity as well...

Lack of Lebanon reforms threatens stability, says IMF

The International Monetary Fund warned in a report that Lebanon's failure to implement reforms could have "irreversible" consequences for the...
  • In April 2022, Lebanon and the IMF reached a conditional agreement on a $3-billion-dollar loan needed to save the economy.
  • Lebanese officials have still yet to enact the substantial changes required to kickstart the 46-month financing program.

UAE Head of Cyber Security leads delegation to conference in Israel

ABU DHABI, UAE  - Dr. Mohamed Al Kuwaiti, Head of Cyber Security for the Government, led a high-level UAE delegation...
  • The UAE delegation met with the stakeholders in the Israeli cyber ecosystem including investors and top experts.
  • The visit provided valuable insights into the latest global trends in cybersecurity and allowed the participants to explore potential collaborations.

Turkmenistan unveils $5 bn city in honor of national leader

Arkadag, Turkmenistan -- Turkmenistan on Thursday inaugurated Arkadag, a $ 5-billion "smart" city built in honor of former strongman leader Gurbanguly...
  • The new city is named after Gurbanguly Berdymukhamedov, who ruled over the country between 2006 and 2022 and now carries the title Hero Arkadag (Protector).
  • The former president, who turned 66 on Thursday, remains the real decision-maker in the country, observers say.

EU presses Tunisia in bid to stem Med migrant flow

In early June, European Union countries reached agreement on a long-stalled revision of the bloc's asylum rules. It aims to...
  • The discussion will come two weeks after a boat believed to have been carrying hundreds of migrants capsized off Greece in one of the worst such tragedies in years
  • Amnesty International and other rights groups say the tragedy resulted from Brussels' "Fortress Europe" policy implemented over the past seven years

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...

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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...

Syrian presidency announces agreement to integrate Kurdish institutions

The Syrian presidency announced on Monday an agreement with the head of the Kurdish-dominated Syrian Democratic Forces (SDF) to integrate...

Jeddah Talks: Ukraine accepts US proposal of 30-day ceasefire with Russia

The positive response from Ukraine prompted President Donald Trump's administration to lift a freeze on military aid and to predict...

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Hamas pushes for phase two of Gaza truce talks

Hamas said its representatives met with mediators in Cairo at the weekend, emphasizing the need for humanitarian aid to re-enter...
  • The high-level delegation also stressed the need for "moving directly to begin negotiations for the second phase" of the deal, which will lay the groundwork for a ceasefire.
  • Hamas's demands for the second phase include a full Israeli withdrawal from Gaza, an end to the blockade, the reconstruction of the territory and financial support.

Muslim nations meet in Jeddah to unite against Trump’s controversial Gaza takeover proposal.

Trump's plan has already united Arab countries in opposition, with Saudi Arabia also hosting Arab leaders two weeks ago to...
  • At Tuesday's summit in Cairo, Arab leaders backed the proposal to rebuild the Gaza Strip under the future administration of the Palestinian Authority
  • However, the plan, which does not outline a role for Hamas, which controls Gaza, was rejected by both the United States and Israel

Ukraine, US delegations to meet in Jeddah next week: Saudi

Riyadh, Saudi Arabia -- Saudi Arabia on Friday welcomed a meeting between the United States and Ukraine due next week...
  • Saudi Arabia last month hosted a Russian-American meeting -- the first high-level talks between the two governments since the Ukraine war began in 2022.
  • Relations between the US and Ukraine have rapidly deteriorated after an explosive meeting at the White House led to Washington cutting off military aid and intelligence sharing.