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.

Drone strike targeted lawmaker’s home: Libya parliament

The UN-recognized Government of National Unity said the strikes hit "hideouts used by gangs of smugglers in fuel, narcotics and...
  • The UN mission in Libya said it was in contact with concerned national authorities, calling on both to respect relevant national and international laws
  • Libya is split between a nominally interim government in Tripoli in the west, and another in the east backed by military strongman Khalifa Haftar

Japan deal expands UAE’s defense relations with Asia

The signing of the UAE-Japan defense cooperation agreement aims to promote transfer of technology, cooperative research, development, and production projects.
  • The signing of the UAE-Japan defense cooperation agreement aims to promote transfer of technology, cooperative research, development, and production projects
  • The strengthening of defense cooperation with Asian countries is part of a broader UAE's effort to diversify its security partnerships and decrease dependence on the US

Saudi, US mediators see ‘improved respect’ for Sudan ceasefire

Within minutes of the ceasefire taking effect late Monday, witnesses in the capital Khartoum reported air strikes and gunshots. The...
  • The United States and Saudi Arabia, which brokered the latest deal, reported "serious violations" since it took effect, particularly on Wednesday.
  • As civilians, aid groups and mediators pleaded for a stop to the fighting, Sudan's defense ministry issued a call to arms.

RAKEZ highlights Ras Al Khaimah’s potential to Chinese business owners

RAS AL KHAIMAH, UAE - A top-level delegation from Ras Al Khaimah Economic Zone (RAKEZ) recently concluded its trip to...
  • The RAKEZ delegation interacted with prominent Chinese business owners from a range of sectors.
  • The team traveled through Shanghai, Suzhou, Qingdao, Tianjin, Guangzhou, Foshan, and Zhuhai.

Iran, Belgium free jailed persons in prisoner swap

Iran freed Belgian aid worker Olivier Vandecasteele after almost 15 months in custody, in a prisoner exchange for an Iranian...
  • Oman said it had helped broker an "exchange deal" and that an Iranian previously held in Belgium was on his way to Tehran.
  • Iran announced that the freed Iranian is diplomat Assadollah Assadi, who was jailed in Belgium over a 2018 plot.

GCC contributes 97% of Arab humanitarian assistance

The Gulf countries are playing an important role as the estimated cost of providing the necessary aid has surged to...
  • The Gulf countries are playing an important role as the estimated cost of providing the necessary aid has surged to around US$51.5 billion, marking a 25% increase, says a report
  • Challenges facing charitable organizations include conflicts and societal instability, highlighting the need for continued development and capacity building, adds the API report

In Sudan’s capital, risking death in search of water

After nearly six weeks of street battles between forces loyal to rival generals and with temperatures regularly topping 40 degrees...
  • On April 15, when fighting broke out between Sudan's army and the paramilitary RSF, the station supplying several districts of North Khartoum with running running water was damaged
  • Since then, about 300,000 of its inhabitants have not seen a drop of water run from their taps and some have reopened wells or used pots to draw water from the Nile River

Russia sending nuclear arms to Belarus, ratcheting up tensions with the West

"The transfer of nuclear munitions has begun," Lukashenko told reporters during a visit to Moscow to meet with President Vladimir...
  • Lukashenko has allowed his territory, which borders Ukraine, EU and NATO members Poland and Lithuania, to serve as a staging ground for Russian invasion
  • In March, Putin said he would station "tactical" nuclear weapons - in effect short-range atomic missiles - in Belarus, drawing condemnation from the West

Brazilian group seeks trade, investment boost with UAE

Sharjah, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) organized the UAE-Sao Paulo Business Forum on Thursday, marking...
  • During the forum, the two sides discussed joint efforts and investment opportunities available in both cities.
  • The delegation comprised representatives from companies operating in agriculture, food, cosmetics, and furnishings sectors.

‘Partnerships with technology leaders help in Dubai’s digital transformation’

DUBAI, UAE - First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE Sheikh...
  • Successful partnerships with leading industry players are a key enabler of Dubai’s digital transformation journey.
  • The initiative seeks to advance Dubai’s strategic objective of becoming one of the world’s top urban economies.

China accuses US of ‘double standards’ over new tariffs threat

Beijing, China -- China accused the United States of "double standards" on Sunday, after President Donald Trump threatened an additional...

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Ceasefire agreement between Israel and Hamas goes into effect, marking first steps toward peace

As the first phase of the ceasefire takes effect, the world watches to see whether this temporary reprieve will be...

Joint Operations Room set up in Cairo to oversee Gaza ceasefire implementation

Cairo, Egypt - A joint operations room has been established in Cairo to oversee the implementation of the Gaza Strip...

Israel, Hamas ceasefire begins Sunday, includes hostage deal, phased Israeli withdrawal, more aid for Gaza

The deal, brokered by the U.S., Egypt, and Qatar, includes Hamas releasing 33 hostages and Israel freeing hundreds of Palestinian...

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UAE discusses temporary Gaza governance with US, Israel, seeks two-state solution assurance: report

Discussions led by the UAE include provisional administration, PA leadership overhaul, and Gaza reconstruction, requiring extensive international cooperation and adherence...
  • According to sources familiar with the talks, the discussions include the UAE, the US, and other nations overseeing governance, security, and reconstruction of Gaza
  • Israeli Prime Minister Benjamin Netanyahu had suggested that the UAE, Saudi Arabia, and other nations could assist in governing Gaza after the war

In a change of tone, Syria’s new leader urges US to pressure Israel for withdrawal

Julani’s appeal comes as Syria signals a shift in its diplomatic tone. Maher Marwan, Damascus’ new governor, told NPR that...
  • The report, published by Kan 11, said that Israeli authorities have denied receiving any formal communication on the matter
  • A senior security official has stated that Israel "will not compromise its security" in response to the alleged request

US proposes $8B arms deal with Israel; Biden plans strikes on Houthis as Gaza aid faces Trump-era cuts

The US proposes an $8 billion arms deal with Israel, plans intensified strikes on Yemen's Houthis, while Israel considers cutting...
  • According to sources cited by Axios, the arms deal requires formal approval from both the House and Senate committees
  • A US official emphasized that the arms sale aligns with the administration’s commitment to Israel's security