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.

Bahrain, Qatar in focus as UAE astronaut shares unique view of the Gulf from space

Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as...
  • Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as "two shining pearls"
  • He also plans to celebrate his 42nd birthday by connecting with an audience at UAE University in Al Ain as part of his 'A Call from Space' initiative

Bahrain to resume diplomatic relations with Lebanon

The Bahraini decision comes the day after the Arab League summit in Saudi Arabia against a backdrop of unexpected rapprochement...
  • Bahrain followed Saudi Arabia in recalling their diplomats towards the end of 2021 after a Lebanese minister criticized Riyadh's military intervention in the war in Yemen.
  • Lebanon's prime minister Najib Mikati said the country "appreciated this decision and welcomes it". Saudi Arabia returned its envoy to Lebanon in April last year.

Moscow ‘captures’ Bakhmut ahead of Kyiv counteroffensive

Bakhmut, which once had a population of 70,000 people, has been the scene of the bloodiest battle in Moscow's more...
  • Ukrainian president Volodymyr Zelensky has warned that the fall of the city would open the way for Russian troops to capture more parts of Donbas.
  • Russia's announcement that the city had fallen came hours ahead of Zelensky's meeting Sunday with US President Joe Biden in Japan, during the G7 summit.

Saudi astronauts to conduct 11 experiments at Space Station

Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission. The...
  • Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom
  • The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.

Air strikes hit Khartoum as factions agree Saudi-US mediated ceasefire

The ceasefire "may be extended with the agreement of both parties," a joint statement issued after talks in Jeddah said....
  • The power struggle between regular army chief Abdel Fattah al-Burhan and his former deputy turned rival Mohamed Hamdan Daglo, who heads the paramilitary RSF, erupted on Apr 15.
  • On Saturday, Qatar's embassy was the latest diplomatic mission to be attacked, after similar attacks on the embassies of Jordan, Turkey and Saudi Arabia.

Qatar embassy attacked in Sudan as civil war rages

Air strikes and artillery exchanges shook the Sudanese capital and armed men ransacked the Qatari embassy as the country's warring...
  • "The embassy staff had previously been evacuated and... none of the diplomats or embassy staff were subjected to any harm," Qatar foreign ministry said.
  • The attack came a day after Arab leaders meeting at a summit in Saudi Arabia urged Sudan's feuding generals to halt the fighting.

WHO unveils network to minimize spread of infectious diseases

The World Health Organization launched a global network to help swiftly detect the threat from infectious diseases, like COVID-19, and...
  • The network will rely on pathogen genomics to analyze the genetic code of viruses, bacteria and other disease-causing organisms.
  • The data gathered will feed into a broader disease surveillance system used to identify and track diseases, in a bid to contain outbreaks.

US debt ceiling issue keeps Biden, aides busy at G7

President Joe Biden may be on the other side of the world but his political fight back home over the...
  • The Group of 7 meeting in Japan is an important stage for Biden's goal of restoring US leadership among the world's democracies.
  • "It is definitely a subject of interest here at the G7," National Security Advisor Jake Sullivan told reporters.

G7 to focus on ‘responsible’ use of artificial intelligence

The world must assess the impact of generative artificial intelligence, G7 leaders said, announcing they will launch discussions this year...
  • Text generation tools such as ChatGPT, image creators and music composed using AI have sparked delight, alarm and legal battles.
  • European Parliament lawmakers this month also took a first step towards EU-wide regulation of ChatGPT and other AI systems.

UAE to implement support scheme for low-income farm owners

DUBAI, UAE -   The Ministry of Community Development and Etihad Water & Electricity have announced the implementation mechanism of the...
  • The support aims to reduce the financial burden related to electricity bills, as part of an integrated and holistic approach to help low-income families in UAE.
  • Beneficiaries can check the monthly support amount by referring to their farms’ consumption bill through Etihad Water & Electricity’s service channels.

Relief and scepticism at London Pro-Palestinian protest

Tens of thousands of pro-Palestinian protesters marched in London on Saturday, expressing scepticism and cautious hope as a ceasefire between...

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Israeli strikes hit Yemen as Netanyahu fires warning

Israeli air strikes pummeled Sanaa's international airport and other targets in Yemen on Thursday, with Huthi rebel media reporting six...

Syrian war monitor says 17 dead in clashes in Tartus province

17 people were killed Wednesday in clashes in Tartus province after security forces sought to arrest an officer under deposed...

Ceasefire talks falter as Hamas, Israel clash over conditions, Gaza sees more destruction and deaths

Hamas accuses Israel of stalling the truce with new demands on troop withdrawal and prisoner release, while Netanyahu’s office counters,...

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Israeli army says intercepted missile from Yemen before it entered Israeli territory

Jerusalem, Undefined - The Israeli army said Wednesday it intercepted a ballistic missile fired towards the country from Yemen. Air raid...
  • Air raid sirens sounded over a wide swathe of central Israel as a precaution against falling debris, but the army said it shot down the projectile before it entered Israeli territo
  • Yemen's Iran-backed Huthi rebels have repeatedly launched missiles against Israel in solidarity with the Palestinians since the war in Gaza began more than a year ago

Syria authorities say armed groups have agreed to disband

Syria's new leaders announced Tuesday that they had reached an agreement with the country's rebel groups on their dissolution and...
  • Absent from the meeting were representatives of the US-backed, Kurdish-led forces
  • Turkey has "real economic leverage" thanks to a 900-kilometer border with Syria

Netanyahu tells Israel parliament ‘some progress’ on Gaza hostage deal, defence minister admits to killing Haniyeh

In an interview with The Wall Street Journal last week, Netanyahu said, however, said he was not going to agree...
  • In recent days, indirect negotiations between Israel and Hamas mediated by Qatar, Egypt, and the US took place in Doha, rekindling hope of an agreement that has proven elusive
  • Negotiations have faced multiple challenges since a one-week truce in November 2023, with the primary point of contention being the establishment of a lasting ceasefire