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.

Geothermal, desalination: Top 10 solutions for planetary health

Dubai, UAE--Ten transformative technology solutions could change the way the world powers homes, grows food and secures freshwater, according to...

Sharjah Chamber concludes successful 5-day trade mission to India

SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has successfully concluded its trade mission to India after...
  • The trade mission visited New Delhi and Mumbai to discuss potential investment opportunities.
  • The business gatherings has served as an effective platform to discuss potential investment advantages.

Workshops on suspicious transactions in gold, precious stone sector in UAE

ABU DHABI, UAE -  UAE Ministry of Economy organized two workshops, in Arabic and English, to promote the awareness of...
  • The workshops made the traders and business owners aware of the necessity of reporting suspicious transactions to the Financial Intelligence Unit.
  • This will contribute to enhance the competitiveness of the gold sector and its development in line with international best practices.

Saudi Arabia rises three ranks in education impact on UN SDGs

Riyadh, Saudi Arabia -- Saudi Arabia has advanced three ranks in the Times Higher Education Impact Rankings in 2023, with...
  • The number of Saudi universities was 22 in 2022 within the international ranking, which sorts universities that impact achieving the United Nations Sustainable Development Goals.
  • The 17 goals adopted by all United Nations member states in 2015 aim to end poverty, protect the planet, and ensure prosperity for all by 2030.

Kuwait to hold seventh election in 10 years amid political paralysis

The oil-rich country suffers from constant stand-offs between elected lawmakers and cabinets installed by the reigning Al-Sabah family. The opposition...
  • Fearing that widespread scepticism will discourage many people from voting, the authorities have festooned the capital with posters in an attempt to encourage a better turnout
  • The latest general election was called by the emir last month after he again dissolved parliament amid a persistent deadlock with the executive branch that has stalled reforms

Syrian foreign minister discusses aid on visit to key ally Iraq

The visit by Faisal Mekdad comes weeks after the Arab League agreed to end Syria's suspension from the 22-member bloc,...
  • Baghdad was "one of the initiators" of Syria's return to the Arab League, Iraqi Foreign Minister Fuad Hussein said in a joint press conference with Faisal Mekdad.
  • Mekdad and Iraqi PM also discussed the issue of Syrian refugees who fled the country after war erupted, many of whom now live in Iraq as well as Jordan, Lebanon and Turkey.

Suez Canal traffic resumes after broken down tanker tugged away

Traffic in both directions returned to normal after a brief disruption when the Malta-flagged Seavigour experienced a "machinery malfunction" while...
  • Brief disruptions caused by ships breaking down or running aground are common in the waterway, through which about 10 percent of global maritime trade passes.
  • The canal is a major source of much-needed foreign currency for cash-strapped Egypt, earning it $8 billion in transit fees in 2022.

Volunteers bury 180 unidentified bodies as Sudan war rages

Volunteers have buried 102 unidentified bodies in the capital's cemetery and 78 more in Darfur, ever since the fighting between...
  • According to the Armed Conflict Location and Event Data Project, more than 1,800 people have been killed in the fighting
  • The UN says 1.2 million people have been displaced within Sudan and more than 425,000 have fled abroad

Time won’t strip Palestinians of right to return

"While commemorating 75 years since the crisis, we remember with sorrow the crime against humanity the Palestinian people faced in...
  • Kuwait's UN Ambassador Tariq Al-Bannai underscores Palestinians' right to return to their homeland during a UNRWA meeting
  • Al-Bannai recalls the crisis of 1948, terming it a crime against humanity, leading to displacement of hundreds of thousands of Palestinians.

Cabinet lineup unveiled as Erdogan starts third term as Turkish president

Recep Tayyip Erdogan has begun his third term as Turkish president, vowing to serve "impartially". Despite an economic crisis and...
  • Erdogan names Mehmet Simsek as the finance minister and Hakan Fidan as the foreign minister
  • The Turkish leader pledges to serve 'impartially' and to uphold the secular principles of the republic

Three Israeli, Egyptian dead in cross border firing

Three Israeli soldiers and a member of Egypt's security forces were killed in a rare exchange of fire near the...
  • An army statement identified the assailant as an Egyptian policeman, saying he was killed by Israeli troops after being found "in Israeli territory".
  • Hours before the deadly shooting, Israeli soldiers had foiled an attempted drug smuggling operation at the border, seizing contraband goods.

Geothermal, desalination: Top 10 solutions for planetary health

Dubai, UAE--Ten transformative technology solutions could change the way the world powers homes, grows food and secures freshwater, according to...

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UNFPA and corporate partners drive reproductive justice in workplaces

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...

Saudi Arabia says no Israel normalization without Palestinian state

Riyadh, Saudi Arabia - Saudi Arabia said Wednesday it will not formalize ties with Israel unless a Palestinian state is established,...

Trump doubles down on Gaza shock plan, says Israel will turn over the territory to US

Trump said that by the time of the handover, Palestinians "would have already been resettled in far safer and more...

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Risks are interconnected, need collaborative solutions, says WEF’s Mark Elsner

Davos, Switzerland – Mark Elsner, Head, Global Risks Initiative, World Economic Forum sat with TRENDS during WEF’s summit in Davos...
  • The Global Risks Report 2025, with insights from over 900 experts, identifies state-based armed conflict as the most immediate risk for 2025.
  • The report was circulated ahead of the Davos meeting, which serves as a platform for advancing dialogue, cooperation, and partnerships.

Trump, Netanyahu to discuss Gaza ceasefire, regional stability in White House meeting

Trump has floated a controversial plan to relocate Palestinians to neighboring countries, but Egypt, Jordan, and ceasefire mediator Qatar have...
  • Netanyahu is in Washington for talks with the new Trump administration on a second, longer-term phase of Israel's fragile truce with the Palestinian group Hamas
  • Trump has meanwhile repeatedly touted a plan to "clean out" Gaza, calling for Palestinians to move to neighboring countries such as Egypt or Jordan

OPEC+ sticks to oil output plan after Trump’s price demand

In a bid to boost prices, the Organization of the Petroleum Exporting Countries (OPEC) headed by Saudi Arabia and Russian-led allies...
  • In December, eight OPEC+ countries announced they would start phasing out 2.2 million bpd of voluntary supply cuts from April.
  • The decision to stick to the alliance's timetable to unwind cuts comes after Trump said last month that he would ask Saudi Arabia and OPEC to lower oil prices.