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.

Saudi Arabia, US leading diplomatic drive for Sudan truce, end to fighting

fighting and looting raged most of Thursday in the capital Khartoum and US diplomats were frank about the obstacles in...
  • Sudan's warring military factions signed a commitment to respect humanitarian principles in their spiralling conflict late Thursday but they did not reach a ceasefire
  • The agreement commits both sides in general terms to let in badly needed humanitarian assistance after looting and attacks targeting aid in the impoverished country

GCC-China economic relations move beyond oil trade

China aims to play a more central role in the Gulf region, focusing on investment opportunities beyond the oil and...
  • China aims to play a more central role in the Gulf region, focusing on investment opportunities beyond the oil and energy relationship
  • Brokering talks between Saudi Arabia and Iran highlights China's ambition to challenge the US dollar's hegemony in the Gulf region

Global leaders urge ceasefire between Israel, Palestinian groups

The foreign ministers of Egypt, France, Germany and Jordan called for an end to the violence between Israel and Gaza...
  • "The bloodletting must end now," said German Foreign Minister Annalena Baerbock.
  • Jordan's Foreign Minister Ayman Safadi also said the "negative developments must end.

Iraqi museum damaged by IS works toward reopening

IS militants used sledgehammers and power tools to deface ancient statues and pre-Islamic treasures housed in the museum.
  • A gaping hole remains in the floor of the museum's famed Assyrian gallery, caused by a bomb explosion.
  • The artefacts are being revived with financing from the International Alliance for the Protection of Cultural Heritage in Conflict Areas (ALIPH).

Yemen peace push ‘serious’ but next steps unclear: Saudi envoy

"Everybody is serious. Serious means everybody is looking for peace," Mohammed al-Jaber said in his first extensive comments after meeting...
  • Jaber, Riyadh's ambassador to Yemen, travelled to Sanaa in April as part of a plan to "stabilize" the truce, which officially expired in October.
  • The Houthis see Saudi Arabia as a party to the conflict, whereas Jaber indicated that Riyadh sees itself as more of a mediator trying to facilitate a truce.

Iraqi Kurds hold their breath as key Turkish election draws closer

Iraqi Kurds are watching with anxiety the tightest electoral battle yet for Recep Tayyip Erdogan, the outcome of which could...
  • Iraq's Kurdish government scarcely reprimands Ankara, despite Turkey routinely bombarding its territory and causing civilian casualties
  • Kurdish leaders have built relationships with Erdogan, if the president changes, the whole relationship between Arbil and Ankara changes,

Austria to stop TikTok use on government devices

Vienna, Austria - Austria said on Wednesday it will ban TikTok on federal employees' work phones, joining a growing list of...
  • "The federal government has decided to ban the private use and installation of TikTok on work devices of federal employees," said Austrian government.
  • Similar measures have recently been taken by the United States, Britain, Australia, France, the Netherlands and the European Commission.

Global warming raises risk of heat-related deaths among workers

The Occupational Heat Stress conference in Qatar, which focused on climate change and how rising temperatures threaten workers' health, heard...
  • There is no international standard for temperatures for outdoor working, but climate change has forced new scrutiny.
  • Last year's World Cup in Qatar drew attention to workers toiling in temperatures that can top 50 degrees, prompting Qatar to ban outdoor working from 10am to 3.30pm.

Oman to ramp up ‘military and defense industry’ ties with Iran

Tehran, Iran-- Oman is keen to improve the military and defense ties with Iran in order to ensure the security...
  • Sultan of Oman underscored the importance of developing military and defense industry cooperation between the two countries
  • The visiting Iranian Major General Mohammad Bagheri termed Tehran-Muscat relations as stable and positive

Saudi diplomats to return to Damascus to restore broken ties

Syrian President Bashar al-Assad was politically isolated in the region since the conflict began, but a flurry of diplomatic activity...
  • The kingdom would seek to develop joint Arab action, Saudi foreign ministry said, two days after Syria was readmitted to the Arab League
  • The move comes weeks after Syrian President Bashar al-Assad met in Damascus with Saudi Foreign Minister Prince Faisal bin Farhan

Nearly one in six children in Gaza acutely malnourished: study

The study, the most detailed look so far at child hunger in Gaza, analysed data on more than 200,000 children...

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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....

New Syrian rulers pledge stability, accountability, and reconstruction after Assad’s ouster

Abu Mohammed al-Jolani, the Islamist leader who headed the rebel offensive, had previously announced talks on a transfer of power...

Syria rebel leader vows to pursue former officials for torture, war crimes

Syria's Islamist rebel leader on Tuesday vowed to pursue former senior government officials responsible for torture and war crimes, a...

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Celebrations erupt across Syria to mark end of 50 years of Baath party rule

Bashar al-Assad's whereabouts not clear, but his key backer Russia said he had resigned from the presidency and left Syria....
  • Protests spread like wildfire in neighbouring provinces, with anti-government demonstrators toppling statues of late president Hafez al-Assad in the Jaramana suburb of Damascus
  • The Israeli army said Saturday that its troops were assisting UN peacekeeping forces in the Syrian-controlled part of the Golan Heights in repelling an attack "by armed individuals

Syria: Assad faces stunning setbacks as rebels seize Daraa, Hama, and Aleppo in quick succession

While Aleppo and Hama, the two other main cities taken from government control in recent days, fell to an Islamist-led...
  • Since a rebel alliance led by the Islamist Hayat Tahrir al-Sham (HTS) launched its offensive on November 27, the government has lost Aleppo and subsequently Hama in central Syria
  • Syria's civil war, which began with Assad's crackdown on democracy protests, has killed more than 500,000 people and forced more than half the population to flee their homes

Turkey confirms Syria talks with Russia and Iran

A meeting was expected on the forum's sidelines between Turkey, and Damascus allies Iran and Russia.
  • Turkey's Foreign Minister Hakan Fidan "will meet with the Russian and Iranian ministers"
  • The so-called Astana process involving the three countries was launched by Kazakhstan in 2017