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.

Future of Iran-UAE relations promising: Reza Ameri

Tehran, Iran-- The future of relations between Iran and the United Arab Emirates is promising and in line with the...
  • Reza Ameri, Iran's new ambassador to the UAE, noted progress in relations between the two countries after a period of downturn
  • The UAE and Iran have had discussions to cooperate in political, economic, commercial, consular, cultural and scientific fields

Mitsotakis wins second term with clear majority in Greece polls

Conservative leader Kyriakos Mitsotakis won Greece's national elections on Sunday with a clear majority, securing a second term during which...
  • Kyriakos Mitsotakis's New Democracy party achieves over 40.5 percent of votes, surpassing Syriza
  • The Conservative party leader plans rapid major reforms to transform Greece in his new term

Extended reality: XR tech transforms GCC businesses

XR technologies -- encompassing AR, VR, and MR -- are rapidly gaining traction across diverse sectors in the Gulf region,...
  • XR technologies -- encompassing AR, VR, and MR -- are rapidly gaining traction across diverse sectors in the Gulf region, including academic, entertainment, and gaming
  • The new XR technologies are also reshaping retail and remote work, blurring the lines between the virtual and physical realms, says Raed Mikail, Founder and CEO of AVR Labs

China supported Russia to counter Wagner mutiny, says Moscow

MOSCOW, RUSSIA - Russia's foreign ministry said on Sunday that Beijing had backed Moscow's efforts to counter a short-lived armed uprising...
  • Russia said China expressed for the efforts of the leadership of the Russian Federation to stabilize the situation in the country.
  • It came after a meeting in Beijing between China's deputy foreign minister Ma Zhaoxu and Russian deputy foreign minister Andrey Rudenko.

India’s Modi, Egypt’s Sisi pledge to deepen strategic partnership

Indian Prime Minister Narendra Modi met Egypt's President Abdel Fattah al-Sisi in Cairo on a rare visit during which both...
  • New Delhi and Cairo have pledged to boost bilateral trade as India is also stepping up investment in Egypt, particularly in renewable energy.
  • India is already Egypt's seventh-largest trading partner, according to data from Cairo's central bank, with trade reaching $7 billion last year.

Lebanon’s main Druze party choses Taymur Jumblatt as new leader

Almost 2,000 supporters gathered in Ain Zhalta, in the Druze heartland of the Chouf mountains, where members of the Progressive...
  • He takes up the mantle at a time when Lebanon has been reeling from three years of gruelling economic crisis, widely blamed on the governing elite.
  • The Druze are a secretive offshoot of Islam that make up around five percent of Lebanon's population but who have wielded political clout under Taymur's father.

Mitsotakis’s conservatives set for landslide Greece election win

Mitsotakis's New Democracy party obtained over 40 percent of the vote, well ahead of the leftist Syriza party led by...
  • Mitsotakis, 55, who steered Greece from the coronavirus pandemic back to two consecutive years of strong growth, had already a scored a thumping win in an election just a month ago
  • But having fallen short by five seats in parliament of being able to form a single-party government, he declined to form a coalition, forcing voters back to ballot boxes.

UAE discusses tourism with India, UK, Indonesia and Japan

NEW DELHI, INDIA - UAE Minister of Economy and Head of the Emirates Tourism Council Abdullah bin Touq Al Marri...
  • The UAE is keen on developing tourism ties with countries and building partnerships in fields that supports economic, social growth and prosperity.
  • The UAE had adopted a forward-looking vision to develop a distinguished tourism sector at the regional and global levels.

Protesters demand ‘justice’ on anniversary of Spain-Morocco border crush

Activist Quinndy Akeju said many families "had not yet identified or buried their dead" after some 2,000 migrants -- many...
  • The "marches for justice", organised by rights groups, denounced what they said was the authorities' refusal to investigate the causes of the incident
  • Amnesty international and other rights groups say at least 37 people were killed on 24 June, 2022, with another 76 migrants still missing

Russian security crisis eases as Wagner forces leave Russia

Wagner fighters, who had launched a mutiny to overthrow Russia's military leadership, are reported to be leaving the Voronezh region...
  • Kremlin announces the end of the mutiny after Wagner chief agrees to exile in Belarus
  • The deal averts immediate assault on Moscow but highlights vulnerabilities in Putin's rule

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...

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Building futuristic sustainable urban cities starts from the underground up

Underground innovation, digitization, and AI are vital for sustainable, inclusive, and resilient future cities, says Sam Wiffen, director and founder...

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...

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...

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The future is already here

Humanity is on a tech-fueled trajectory. Data and informed predictions are inspiring, showing how AI is reshaping economies, smart cities...
  • The global travel and tourism industry is projected to contribute over $15 trillion annually to the world economy by 2030.
  • By 2035, 60% of the city traffic and emissions can be reduced thanks to shared autonomous electric vehicles.

Trump orders pause to Ukraine aid: White House official

President Donald Trump suspended military aid to Ukraine on Monday, a US official told AFP, sharply escalating pressure on Kyiv...
  • The move comes just days after a stunning public clash at the White House between Ukrainian President Volodymyr Zelensky and Trump
  • We are pausing and reviewing our aid to ensure that it is contributing to a solution, said a White House official

Gazans face food shortages, price hikes as Israel blocks aid amid ceasefire negotiations stalemate

Despite ceasefire negotiations, Gaza’s humanitarian situation remains critical, with markets facing inflation, displaced residents lacking proper shelter, and aid workers...
  • Humanitarian groups warn that the aid suspension is worsening an already dire crisis in Gaza.
  • Hamas official claims Israel allowed only 15 out of 65,000 promised mobile homes into Gaza