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.

Three Iraqi soldiers killed in country’s north, says military official

Three Iraqi soldiers were killed and four others wounded in a pre-dawn attack in the country's north blamed on the...
  • The attack occurred in an area disputed between Iraq's federal government, which holds Kirkuk, and the country's autonomous northern region of Kurdistan.
  • IS groups seized swathes of Iraq and neighboring Syria in 2014, declaring a "caliphate" which they ruled before their defeat in late 2017.

Donald Trump terms indictment ‘fake’ in address to supporters

The 37 counts of the indictment -- released on Friday and focused on his alleged mishandling of classified materials --...
  • In Columbus, Georgia, Trump railed against Biden and the Department of Justice and what he called a "fake indictment"
  • Trump has already responded to the indictment with a string of posts on his Truth Social platform calling Smith "deranged"

Desperate Syrians recycle plastic waste to make living

Recycling, in rebel-controlled Syria, is rather a grim lifeline than environmental impulse for desperate residents searching for work or items...
  • In northern Idlib province, workers at a factory making mats and rugs churn out brightly coloured recycled plastic
  • The mats made from recycled plastic cost between $5 and $15, while traditional Persian-style rugs are around $100

Egypt tightens visa requirements for Sudanese fleeing war

Since the eruption of violence some 200,000 Sudanese nationals have entered Egypt, most of them through land crossings. Egyptian authorities...
  • Cairo's foreign ministry issued a statement on Saturday announcing the new regulations, justifying the move as a crackdown on "illegal activities" including fraud
  • The authorities introduced visa procedures aimed at regulating "the entry of the brotherly Sudanese (people) into Egypt after more than 50 days of crisis" in their country

UAE, Turkish presidents discuss bilateral, economic relations in Istanbul

ISTANBUL, TURKEY - UAE President Sheikh Mohamed bin Zayed Al Nahyan  arrived here on Saturday for a working visit and...
  • The UAE and Turkish presidents discussed their shared interest in advancing sustainable economic growth and social development.
  • Both the leaders applauded the recent progress witnessed in UAE- Turkey relations and discussed the benefits of CEPA.

Iran’s Raisi, France’s Macron discuss ways to promote ties

Iran's President Ebrahim Raisi and his French counterpart Emmanuel Macron in a lengthy phone call discussed ways to promote ties,...
  • A 2015 nuclear accord between Iran and world powers gave the Islamic republic relief from international sanctions in return for curbs on its nuclear program.
  • In 2018 the United States withdrew unilaterally from the deal and reimposed sanctions, prompting Tehran to suspend implementing its own commitments.

45 governments endorse doubling energy efficiency by 2030

PARIS, FRANCE -  Forty-five governments have endorsed doubling the average global rate of energy efficiency improvements by the end of...
  • The meeting stressed as to how energy efficiency can help accelerate clean energy transition toward reaching net zero emissions by 2050.
  • The meeting underscored that effective policies must be fully leveraged to encourage behavior change among consumers and businesses.

UAE convenes Security Council meet, urges UN, League of Arab States to cooperate

NEW YORK,  US - Minister of State Khalifa Shaheen Al Marar chaired the first signature event of the UAE’s United...
  • UAE called on UN and League of Arab States to work jointly on combating terrorism, preventing conflicts by championing the values of tolerance.
  • The UAE would support the work of the Security Council in reaching decisions that contribute to resolving Arab and international issues.

Sudan warring parties agree to 24-hour ceasefire: mediators

Although many ceasefires have been broken, yet the twenty-four truce is seen as a chance to give the people of...
  • According to the UN, some two million people have been displaced from their homes, including 476,000 who have sought shelter in neighboring countries
  • The latest ceasefire follows US Secretary of State Antony Blinken's three-day visit to Saudi Arabia, where he held discussions on Sudan with Saudi officials

Russia plans to make Iranian drones by next year, says US government

Russia is receiving materials from Iran to build a drone factory that "could be fully operational early next year," White...
  • "The Russia-Iran military partnership appears to be deepening," Kirby said in a statement, citing US intelligence information.
  • Washington estimates that Russia has received hundreds of attack drones as well as related equipment from Iran to aid Moscow's invasion of Ukraine.

Building a secure future: Key takeaways from WEF’s Dubai meetings

The Annual Meeting on Cybersecurity, held jointly with the Global Future Councils, focused on strengthening global cooperation to enhance digital...

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Hezbollah supporters protest banning Iranian planes from landing in Beirut

Beirut, Lebanon - Hezbollah supporters blocked the Beirut airport road and burned tyres on Thursday to protest a decision barring two...

Trump eyes summit with Xi-Putin, shaking up world order, Macron warns against ‘capitulation’

US president's remarks on Russia and China mark a seismic shift after more than a decade of US policy which...

Israel says could fulfil Trump’s Gaza displacement plan if hostages not freed, Hamas says truce deal ‘fragile’

Hamas has said it would postpone the release citing Israeli violations, and hours later, Trump warned that "hell" would break...

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Egypt to present ‘vision’ for Gaza reconstruction without displacement amid Trump threat to halt aid

The statement came a day after US President Donald Trump said he could "conceivably" halt aid to Egypt and Jordan...
  • The foreign ministry said Egypt "hopes to cooperate" with Trump's administration on the matter, with the goal of "reaching a fair settlement of the Palestinian cause"
  • It said its plan would provide for the reconstruction of Gaza "in a clear and decisive manner that ensures the Palestinian people stay on their land

Jordan king set for tense Trump talks as Gaza truce under strain

The talks come a day after Trump said he could "conceivably" halt billions of dollars in US aid to both...
  • King Abdullah is a key US ally but last week rejected "any attempts" to take control of the Palestinian territories and displace its people.
  • Every year, Jordan receives around $750 million in economic assistance from Washington and another $350 million in military aid.

Trump warns ‘all hell’ will break loose if Gaza hostages not returned after Hamas delays exchanges

The January 19 truce halted 15 months of Gaza fighting, freeing Israeli hostages in exchange for Palestinian prisoners, but tensions...
  • The truce that went into effect on January 19 largely halted more than 15 months of fighting in the Gaza Strip saw five groups of Israeli hostages freed
  • But tensions have been running high since a shock proposal by Trump to take over the Gaza Strip and remove its more than two million inhabitants