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.

UAE discusses clean energy partnerships with Germany, Netherlands

ABU DHABI, UAE -  A senior UAE official of the Ministry of Energy and Infrastructure (MoEI) visited Germany and the...
  • Over 11,500 decision-makers, energy ministers and CEOs from over 100 countries participated in the World Hydrogen Summit 2023 in Netherlands.
  • A senior UAE official provided an overview of the country's energy transition, with a focus on its hydrogen industry.

Sudan’s de facto leader sacks rival general as war rages on

The sacking of the general made no difference to the fighting on the ground in both Khartoum and Darfur even...
  • Saudi Arabia, hosting an Arab summit on Friday, has been seeking to hammer our a humanitarian ceasefire, while representatives of the warring generals are at present in the kingdom
  • UN aid chief said he was "allocating $22 million to support relief efforts in Chad, the Central African Republic, Egypt and South Sudan," where Sudanese have sought refuge

Serious efforts needed to tackle Arab world challenges

He stresses on resolving the Palestinian issue, expressing concerns over escalating Israeli attacks and calling for a collective response to...
  • OIC Secretary General Hussein Ibrahim Taha highlights the need for strengthening cooperation amid delicate circumstances in Arab and Islamic world
  • During the Arab League Summit, Taha also underscores the importance of resolving the Palestinian issue and calls for a collective international response

Iran says reserves right to take action on Afghan water dispute

Iran said it "reserves" the right to take action as a dispute with Afghanistan escalates over an upstream river dam...
  • Iran accused Afghan authorities of not meeting their obligations in providing Tehran with its "water rights" from the Helmand River.
  • The Helmand River flows from the mountains of the central Afghan province of the same name for over 1,000 kilometers into Lake Hamoun.

Leaders call for unity, peace, progress in Arab world

The Arab League Summit, which concluded on an optimistic note in Jeddah, highlighted the need for unified Arab positions and...
  • The Arab League Summit, which concluded on an optimistic note in Jeddah, highlighted the need for unified Arab positions and effective strategies to confront current challenges
  • Several leaders, including those from Egypt, Jordan, and the UAE, focused on issues such as national state preservation, economic cooperation, and regional stability

Ajman Chamber, Belgium Embassy discuss trade opportunities

AJMAN, UAE -   Chairman of the Ajman Chamber of Commerce and Industry (ACCI) Abdullah Al Muwaiji discussed trade and investment...
  • The meeting aimed to strengthen economic ties and promote Ajman as an attractive investment destination.
  • The discussions focused on bilateral economic, trade investment relations, tourism, industry, trade, education, health.

Syria, Ukraine join as Arab League Summit kicks off

Syrian President Bashar al-Assad returns to Arab League Summit, which confronts conflicts across the Middle East and beyond, including the...
  • Syrian President Bashar al-Assad returns to Arab League Summit, which confronts conflicts across the Middle East and beyond, including the war in Ukraine.
  • Ukrainian President Volodymyr Zelensky meets Saudi Crown Prince Mohammed bin Salman and thanks him for backing Ukraine's sovereignty ahead of the summit

Interpol red notice issued for Lebanon central bank chief

Lebanon has received an Interpol red notice requesting the arrest of central bank governor Riad Salameh after a French magistrate...
  • French investigators suspect that central bank boss Riad Salameh misused public funds to accumulate real estate and banking assets.
  • In March 2022, France, Germany and Luxembourg froze assets worth US$130 million (120 million euros) believed to belong to Salameh.

Iran hangs three in connection with Amini protests

Iran executed three men convicted of killing security force members during protests triggered by Mahsa Amini's death last year, the...
  • During the protests, thousands of Iranians were arrested and hundreds killed including dozens of security forces.
  • With the hangings, the total number of Iranians executed in connection with the demonstrations rises to seven.

‘Some’ Arab leaders turn ‘blind eye’ to Russian invasion: Zelensky

Zelensky's surprise trip to the summit in the Red Sea coastal city of Jeddah was his first to the Middle...
  • The summit also marks the return to the Arab League of Syrian President Bashar al-Assad, a staunch Russian ally who was suspended in 2011.
  • Zelensky highlighted how the war in Ukraine has affected Muslims in the Crimean Peninsula, which was annexed by Russia in 2014.

Major win for Trump on Gaza, but will it stand test of time?

Washington, United States - US President Donald Trump has undeniably scored a diplomatic victory by helping to broker a truce...

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Pakistan air strikes kill 46 in Afghanistan: Taliban spokesman

Kabul, Afghanistan - Pakistan air strikes in an eastern border province of Afghanistan killed 46 people, the Taliban government spokesman told...

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...

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...

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Post-Assad Syria seeks peace; Erdogan pushes anti-terror agenda, US warns on Kurdish conflict

Barbara Leaf, Washington's top diplomat for the Middle East, told Syria's new leader Ahmed al-Sharaa of the "critical need to...
  • On a recent tour to the region, US Secretary of State Antony Blinken had stressed the need to prevent a resurgence of Islamic State group (IS) jihadists
  • Turkish President Recep Tayyip Erdogan, who backed Assad's opponents, has stressed reconciliation and restoration of Syria's territorial integrity and unity

HRW accuses Israel of ‘acts of genocide’ for restricting Gaza water access

Human Rights Watch (HRW) accused Israel of committing "acts of #genocide" in the Gaza Strip by damaging water infrastructure and...
  • "Systematic nature" to deprive Gazans of water has "likely caused thousands of deaths"- HRW
  • Israel also cut electricity supplies, attacked repair workers and blocked imports of repair materials

UN urges ‘free and fair’ elections in Syria post-Assad ouster amid ongoing challenges

Turkey's Foreign Minister warned Syria's new government to address Kurdish militancy, signaling potential intervention if unresolved with tensions rising with...
  • UN humanitarian chief Tom Fletcher called for a massive aid boost by donor countries to respond to "this moment of hope" for Syria
  • Years of civil war have also left the country heavily dependent on aid, deeply fragmented and desperate for justice and peace