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.

Indo-Pacific needs comprehensive economic prosperity

"The UAE shares a vision with the European Union to achieve comprehensive economic prosperity in the Indo-Pacific," adds Al Kaabi...
  • UAE’s Minister of State Noura Al Kaabi emphasizes global cooperation and growth opportunities at EU's Indo-Pacific Forum
  • UAE shares a vision with the European Union to achieve comprehensive economic prosperity in the Indo-Pacific, she adds

GCC Secretary General hails Qatar’s role in Palestine-Israel ceasefire

Riyadh, Saudi Arabia -- The Gulf Cooperation Council has hailed Qatar's efforts for its role in the ceasefire between Israel...
  • Jassem Mohamed Albudaiwi said the Qatari diplomacy has been successful in dealing deal with international and regional issues, seeking to resolve them through peaceful means.
  • Albudaiwi also appreciated the efforts of Egypt in communicating with the two sides and contributing to establishing the ceasefire.

Iran jails eight for asking workers to strike at gas site

TEHRAN, IRAN - Iranian authorities have arrested eight people for "leading" a workers' strike at a key gas site in the...
  • An official said intelligence services arrested eight main leaders of the workers' strike at a gas site in Iran's south.
  • The gas site is also knows as having the world's largest reserve and employs around 40,000 people.

Three countries to get $280m for financing education programs

A total of $280 million will be provided to Cameroon, Kyrgyzstan and Uzbekistan as innovative financing under the SmartEd initiative...
  • Developed in Dec 2021 by GPE and the ACG, a grouping of Arab financial development institutions, the nitiative has generated $500m to support education in lower-income countries.
  • Funds under the initiative are accessible to 37 countries that are members of the Organization of the Islamic Cooperation and collectively are home to 28m out-of-school children.

India Jewelry Exposition Center launches in Dubai

DUBAI, UAE -  The Gem and Jewelry Export Promotion Council (GJEPC) has launched a first-of-its-kind India Jewelry Exposition Center (IJEX)...
  • India Jewelry Exposition Center will provide a platform for the country's MSMEs to showcase their products to the Middle East market.
  • The move is a reflection of the Middle East's importance to India's gem and jewelry sector which accounts for 30 percent of its exports.

Tehran objects to presence of anti-Iran forces at Kurd event in Iraq

TEHRAN, IRAN- Iran has summoned Iraq's ambassador to protest over the presence of Iranian opposition groups at an official ceremony in...
  • Iran reacted sharply to the invitation of what it calls as separatist groups during a function in Iraq's autonomous region of Kurdistan.
  • Tehran, which refers to all Kurdish groups who oppose the Iranian government as 'terrorists', summoned the Iraqi envoy over the incident.

Syria extends humanitarian aid access via two border crossings: UN

Following international pressure, Damascus agreed to let the UN use the Bab al-Salama and Al-Rai crossings, operated by Turkish-backed rebels,...
  • Syrians affected by the February 6 earthquake that killed more than 55,000 people in Syria and Turkey have been relying on two border crossings for vital humanitarian deliveries
  • The United Nations estimated earlier this week that Syria needs almost $15 billion to recover from the quake, and it put the total cost of damage and losses at almost $9 billion

Turkey’s president leads prayers on eve of fight for political life

The president has never faced a more united opposition than the one led by retired civil servant Kemal Kilicdaroglu and...
  • The president was emulating a ritual that Ottoman sultans performed before they led their men off to war as he braces for presidential polls
  • A shout of "God is greatest" went up over Istanbul's old city as the sun set and news of Erdogan's arrival at the mosque filtered in

After five days of deadly fighting, Gaza ceasefire takes effect

The Egypt-brokered ceasefire began in and around the Gaza Strip on Saturday after five days of violence that has killed...
  • Islamic Jihad political department official Mohammad al-Hindi thanked Egypt for its efforts to bring about the ceasefire
  • The fighting this week was the worst in the Palestinian-Israeli conflict since an August flare-up that killed nearly 50 Palestinian

Anger among people in Turkey, voters divided on election eve

Widespread public anger at the state's slow response to the tragedy leads many believe that Hatay's electors will vote differently.
  • Several people who were forced to flee their homes have returned to take part in the elections.
  • Many people are annoyed that after the earthquake the Turkish state had abandoned them.

Nobel Peace Prize winner Machado dedicates award to Trump

Caracas, Venezuela -- Venezuelan opposition leader Maria Corina Machado dedicated her Nobel Peace Prize on Friday to the people of...

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Israel approves plan aiming to double annexed Golan population, Saudi calls it ‘sabotage’ of Syria

The occupied Golan is home to about 23,000 Druze Arabs, whose presence predates the occupation and most of whom retain...

US contacts Syria’s HTS, Turkey reopens embassy, as Assad allies Iran and Russia face setbacks

The United States said Saturday it had made contact with Syria's victorious Hayat Tahrir al-Sham rebels, despite previously designating the...

G7 meeting to address Syria’s challenges following Assad’s ouster

Damascus, Syria - G7 leaders will meet virtually Friday to discuss the momentous changes underway in Syria, where the interim government...

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54 journalists killed in 2024, a third by Israel: media group

Fifty-four journalists were killed worldwide while carrying out their work or because of their profession in 2024, a third of...
  • Israeli forces were responsible for the deaths of 16 journalists in Gaza and two in Lebanon
  • Israel admits that some have been killed in air strikes on military targets

Transition in Syria: New PM says will ‘guarantee’ rights of all religious groups

With Assad's overthrow plunging Syria into the unknown, its new rulers have sought to assure religious minorities that they will...
  • Assad fled Syria after a lightning offensive spearheaded by the Islamist Hayat Tahrir al-Sham (HTS) group and its allies, which ended five decades of rule by his clan
  • Syrians across the country and around the world erupted in celebration, after enduring a stifling era during which anyone suspected of dissent could be thrown into jail or killed

South Korean police raid president’s office

#South #Korean police raided President #Yoon Suk #Yeol's office as part of the investigation into his declaration of #martial law....
  • The deeply unpopular Yoon is already under a travel ban
  • Yoon survived an impeachment motion in parliament on Saturday