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.

Erdogan, opponent attract huge crowds ahead of crucial elections

The 69-year-old president has bounced back strongly from what was described as a digestive problem in the run-up to one...
  • The veteran Turkish leader filled a central Ankara square that can fit a few hundred thousand people with flag-waving supporters.
  • Erdogan in 2019 lost landmark municipal votes in Ankara, Istanbul and Izmir -- Turkey's three biggest and most economically powerful cities.

Iran’s parliament removes minister over rising prices

Iran's parliament voted in an impeachment session to remove the industry minister amid soaring prices as the Islamic republic's economy...
  • The vote came with the economy battered by Western sanctions, rampant inflation and depreciation of the rial against the dollar.
  • Defending the minister ahead of the vote, President Ebrahim Raisi had urged "stability in the management of this ministry".

Flight carrying humanitarian aid from Red Cross lands in Sudan

KHARTOUM, SUDAN -  A first Red Cross plane laden with humanitarian aid on Sunday landed in Sudan, where deadly clashes between...
  • The shipment took off from the Jordanian capital Amman and arrived in the eastern city of Port Sudan.
  • Only 16 percent of hospitals are functioning in the capital Khartoum, according to the World Health Organization.

US tells Beijing to stop ‘provocative and unsafe conduct’ in South China sea

Washington, United States--The US called on China Saturday to stop its "provocative and unsafe conduct" in the disputed South China Sea,...
  • US has warned China to refrain from taking aggressive actions, saying that any attack on Philippine armed forces would trigger a US response
  • China blamed the Philippine boats for intruding without its permission and termed it a "premeditated and provocative action"

Turkey inches closer to referendum on Erdogan’s two-decade rule

The 69-year-old leader looked fighting fit as he strutted back on stage after a three-day illness and tossed flowers to...
  • Polls show Erdogan running neck-and-neck against secular opposition leader Kemal Kilicdaroglu and his alliance of six disparate parties
  • The president is venerated across more conservative swathes of Turkey for unshackling religious restrictions and bringing jobs to millions of people

Jordan’s king seeks deeper partnership with US in ‘various fields’

Amman, Jordan--Expressing his deep appreciation of the United States for its support to Jordan, King Abdullah has called for strengthening...
  • Both the sides pledged to deepen the historic friendship and strategic partnership between Jordan and the US, and to widen ties in various fields
  • The king maintained that a restart in negotiations between the Palestinians and the Israelis was critical in order to reach just and comprehensive peace in the region

Saudi evacuation party brings 65 Iranians from Sudan

JEDDAH, SAUDI ARABIA - The first Iranian evacuees to escape the Sudan conflict through Saudi Arabia arrived on Saturday in Jeddah,...
  • Saudi Arabia has so far organized evacuations of about 5,000 people from 96 countries, according to the foreign ministry.
  • More than 510 people have been killed since fighting erupted on April 15 between the Sudan's army and its paramilitary forces.

Iran’s president criticizes US presence in Middle East

Iran's President Ebrahim Raisi slammed the United States' presence in the Middle East, as he hosted his counterpart from neighboring...
  • The US has 2,500 non-combat troops in Iraq to provide it with advice and training.
  • About 900 US troops remain in Syria, most in the Kurdish-administered northeast.

Jordan’s exports to EU nations in January,  February 2023 rose to US$87m

AMMAN, JORDAN - Value of Jordanian exports to European Union countries increased during January-February period of 2023, by 108.5 percent...
  • Jordan's imports from the EU nations in January, February 2023 rose to reach US$671 million.
  • Trade exchange between Jordan and EU countries in January, February 2023 amounted to about US$758 million.

Three civilians wounded in Israel air strikes in Syria, says state media

Three civilians were wounded in Israeli air strikes near the Syrian city of Homs, state media reported, with a war...
  • Israel has repeatedly said it will not allow its arch-foe Iran to extend its footprint in Syria.
  • "The Israeli enemy carried out an air attack with missiles, from the direction of north Lebanon," state media reported.

UN chief demands end to Gaza hostilities, immediate release of hostages

On the second anniversary of the Hamas October 7, 2023 attack on Israel, Antonio Guterres decried a "humanitarian catastrophe on...

Company News

Latest News

Biden-brokered truce deal halts Israel-Hezbollah war; Netanyahu plans to go full force against Gaza and Iran

Under US-brokered terms, Lebanon's army regains border control, curbing Hezbollah activity, while Israel vows to maintain security operations if threats...

Israel intensifies attacks before ceasefire deadline as Lebanon seeks “immediate halt”

US president says ceasefire takes effect on Wednesday at 4:00 AM Beirut time, as Lebanese officials accuse Israel of trying...

EU urges immediate halt to Israel-Hezbollah war as Israeli attacks kill more in Gaza and Lebanon

Israeli attacks have killed dozens in Gaza and Lebanon is the past 24 hours, while EU chief visits Beirut asking...

Most Read

Putin hints at strikes on West in ‘global’ Ukraine war

In a defiant address to the nation, Russia's president railed at Ukraine's allies granting permission for Kyiv to use Western-supplied...
  • The Kremlin strongman spoke out after a day of frayed nerves, with Russia test-firing a new generation intermediate-range missile at Ukraine
  • Ukraine's President Volodymyr Zelensky branded the strike a major ramping up of the "scale and brutality" of the war by a "crazy neighbour."

Hezbollah says Israel ‘cannot impose conditions’ for truce

U.S. envoy Amos Hochstein announced "additional progress" in Lebanon-Israel ceasefire talks, heading to Israel to finalize an agreement amidst escalating...
  • "Israel cannot defeat us and cannot impose its conditions on us," Hezbollah leader Naim Qassem said in an address broadcast shortly after Hochstein announced his travel plans
  • Israeli Foreign Minister Gideon Saar, in a near-simultaneous statement, said any ceasefire deal must ensure Israel still has the "freedom to act" against Hezbollah

US envoy presses Israel-Hezbollah truce bid in Lebanon visit

Hochstein said an end to the war was "now within our grasp", while Hezbollah-allied parliament speaker Nabih Berri, said the...
  • The United States and France have spearheaded efforts for a truce in the conflict
  • Hochstein said an end to the war was "now within our grasp"