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.

Global body to fund 26 FAO projects worth $174.7m

ROME, ITALY - Building on growing momentum to tackle environmental problems by addressing the ways in which our food and...
  • With these new projects, FAO's partnership with the GEF will have helped countries access over $1.4 billion in financing.
  • These 26 projects will support countries to create or improve the management of nearly 17.9 million hectares of protected areas on land and sea

Over 6,500 arrests after cracking crime chat network, says Europol

PARIS, FRANCE -  More than 6,500 people have been arrested following the 2020 dismantling of EncroChat, an encrypted communications tool used...
  • Close to 200 arrests were of "high-value targets", said Europol, which assists EU members in international investigations.
  • Since 2020, investigators had managed to intercept, share and analyze over 115 million criminal conversations.

Israel summons Ukraine envoy over pro-Russia accusation

On Sunday, the Ukrainian embassy charged that "the current Israeli government" had "opted for a path of close cooperation with...
  • Israel has adopted a cautious approach since Russian forces invaded Ukraine in February last year, seeking to maintain neutrality between the warring sides
  • In an interview with the Jerusalem Post, Benjamin Netanyahu said that weaponry handed to Ukraine could fall into Iranian hands and be turned against Israel

International Security Alliance seizes drugs worth US$750mn in global operation

Abu Dhabi, UAE--The International Security Alliance (ISA) has seized narcotics estimated to be worth US$750 million from a large transnational...
  • Led by the ISA and Ameripol, the operation saw the participation of 22 countries across the Middle East, Africa, Asia, Europe and Latin America
  • Founded in 2017 by the UAE and France, the ISA coordinated the operation from its secretariat in the UAE with the aim of fighting organized crime

UAE President discusses strategic ties in a call with Putin

Abu Dhabi, UAE - UAE President Sheikh Mohamed bin Zayed Al Nahyan discussed strategic relations in a phone conversation with...
  • Sheikh Mohamed underscored the importance of maintaining stability in Russia and ensuring the safety and security of its people
  • President Putin expressed his satisfaction with the progress achieved in various bilateral areas, highlighting growing UAE-Russia relations

US to defund science for Israeli universities in West Bank

The Biden administration has returned to the long-standing US position of calling for a two-state solution with the Palestinians and...
  • Joe Biden's administration reverses a move made under Donald Trump that rejected the wide international consensus that Israel illegally occupies the West Bank
  • David Friedman, Trump's ambassador to Israel and champion of Ariel University, accused the Biden administration of embracing the activist movement to boycott Israel

Ready for prisoner swap with US, says Iran

Iran said it was hoping indirect talks with the United States could lead to a "positive" outcome for a prisoner...
  • At least three Iranian-Americans are being held in Iran, including businessman Siamak Namazi, arrested in October 2015 and sentenced to 10 years in prison.
  • "We are negotiating for the release of Iranian citizens through parties who play a role in good faith," Iran's foreign ministry spokesman Nasser Kanani said.

Record number of pilgrims, braving suffocating heat, converge for Hajj climax

After performing the ritual circumambulation of the Kaaba, the giant black cube at Mecca's Grand Mosque that Muslims pray towards...
  • Pilgrims in robes and sandals, many carrying umbrellas against the beating sun, undertook the journey on foot or crowded onto hundreds of air-conditioned buses.
  • They will spend the night in white tents in Mina, which every year hosts the world's largest encampment, before the hajj's high-point on Tuesday: prayers at Mount Arafat.

Wagner crisis shows Ukraine war is ‘cracking’ Russian power: EU

EU foreign ministers were scrambling to digest the fall-out from the uprising at their regular meeting in Luxembourg. Sweden's Foreign...
  • What has happened during this weekend shows that the war against Ukraine is cracking Russian power, EU foreign policy chief said
  • He added that war against Ukraine launched by Putin and the monster that Putin created with Wagner, the monster is biting him

In deadliest attack this year, Russian strikes kill 13 in rebel-held Syria

Russian forces which back President Bashar al-Assad's regime were responding to rebel drone strikes over the past week that killed...
  • At least nine civilians, including two children, were among the dead, with most killed at a fruit and vegetable market in the Idlib region
  • At least 30 civilians were wounded in Sunday's strikes, said Abdel Rahman, who added that the death toll was likely to rise

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...

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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...

UNRWA warns Israel’s West Bank operation aligns with annexation ‘vision’

The Israeli operation, which the military says targets militants in the northern West Bank, was launched shortly after a truce...

Hamas says Trump’s ‘DEAD’ threat to Gaza undermines ceasefire

"Release all of the Hostages now, not later, and immediately return all of the dead bodies of the people you...

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Arab leaders propose Gaza reconstruction under Palestinian Authority, reject Trump’s takeover plan

The prospect of the Palestinian Authority (PA) governing Gaza remains far from certain, however, with Israel having ruled out any...
  • Tuesday's Arab League summit in Cairo offered an alternative with the adoption of a "comprehensive Arab plan."
  • It announced the establishment of a trust fund to pay for the territory's reconstruction, and urged the international community to back it

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading...
  • The GCC’s ongoing “giga” projects, economic diversification, focus on the digital economy, and emerging technologies all signal a promising future.
  • With over US$2 trillion invested in capital-intensive projects, the GCC’s future looks increasingly secure, despite persistent negative portrayals in parts of the Western media.

Arab leaders meet to hash out Gaza plan as Hamas urges against displacement under Trump plan

A draft version of the Egyptian plan seen by AFP lays out a five-year roadmap with a price tag of...
  • Trump triggered global outrage when he first floated his idea for the United States to "take over" the Gaza Strip and turn it into the "Riviera of the Middle East"
  • Trump has recently appeared to soften his stance, saying he was "not forcing" the plan, which experts have said could violate international law