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.

Turkey holds 110 over terror links: police sources

State media reported that police held people suspected of financing the outlawed Kurdistan Workers' Party (PKK) or roping in new...
  • The mass raids, dubbed by the sources as a "counter-terror" operation, took place in 21 provinces including the Kurdish majority Diyarbakir in the southeast
  • The Diyarbakir bar association said the number of detentions could be as high as 150, adding that they included 20 lawyers, five journalists, three actors and one politician

Israelis mark Memorial Day under political strain

Like Jewish religious holidays, Israelis commemorate Memorial Day from sunset and into the following day, with several events planned at...
  • At 8:00 pm local time (1700 GMT), sirens rang out across the country to mark the traditional minute of silence in tribute to the fallen soldiers and victims of terrorist attacks
  • Memorial Day comes ahead of Independence Day on Tuesday evening during which Israelis celebrate the creation of their state in accordance with the Jewish calendar

Amnesty urges Lebanon to ‘immediately’ stop deporting Syrians

The London-based rights group said the Syrians were expelled following raids on their homes in various parts of the country,...
  • On Friday security officials and a humanitarian source said Lebanese authorities sent dozens of Syrians back to the country, despite warnings they faced grave danger there
  • The Syrian refugees "are at risk of torture or persecution at the hands of the Syrian government upon return", Amnesty said Monday, describing the situation as "alarming"

Iran imposes sanctions on UK, EU individuals, entities

Tehran, Iran— Iran has announced new sanctions against the UK and European Union “individuals and entities” for supporting what it...
  • The Islamic Republic has imposed sanctions as a form of retaliation for "cruel sanctions " against Iranian people
  • The country’s foreign ministry blamed the UK and EU for violating international obligations on combating terrorism

UK, Netherlands vow to build world’s biggest electricity power-line

The UK and the Netherlands have announced LionLink, a subsea energy link project that will connect offshore wind farms in...
  • Developed by UK's energy distributor National Grid and Dutch electricity supplier TenneT, the project will power up to 1.8 million British homes
  • The subsea energy link project is expected to be operational by the early 2030s and will be the largest in terms of electricity capacity in the world

India to become world’s most populous nation this week, says UN

India will overtake China as the world's most populous country in the coming week, hitting almost 1.43 billion people, the...
  • India is topping China due to both rapid growth in its own population and a decline in China's after hitting 1.426 billion last year.
  • China is expected to decline steadily to around one billion people by the end of this century, according to UN projections.

Bangladesh gets new president before general election

Mohammed Shahabuddin, a former judge and a ruling party official, was sworn in as the president of Bangladesh, just months...
  • The opposition in Bangladesh has staged a series of protests, demanding that Prime Minister Sheikh Hasina step down.
  • The opposition accuses Hasina, who has been in power since 2009, of rigging the previous two elections.

UN chief calls for ceasefire in Sudan, says conflict may affect region

Foreign nations pushed with evacuations of their citizens from Sudan which, the UN chief warned, is "on the edge of...
  • The US, European, Middle Eastern, African and Asian nations have launched emergency missions to bring to safety their citizens from Sudan.
  • At least 427 people have been killed and over 3,700 wounded, as per UN agencies, which said Sudanese civilians fleeing the affected areas.

Saudi Fund for Development to provide $130m loans to Kyrgyzstan

Two loan agreements were signed in the Kyrgyz capital Bishkek by the SFD CEO Sultan bin Abdulrahman Al-Marshad with the...
  • The first agreement worth $100 million involves financing the construction of 3000 housing units covering an area 255,000 square meters.
  • The second agreement is related to financing of the Taraz-Talas Road Project (Phase 4), which aims to reconstruct 93 km of road to improve road safety.

Australia sets in motion largest defense renovation in decades

Australia launched its biggest defense overhaul in decades, vowing to turn a military that is "no longer fit for purpose"...
  • The biggest changes may be felt in the Australian army, which will now have a sharper focus on coastal defense.
  • Australia's military will develop the ability to strike from air, land and sea, strengthen northern bases and recruit more troops.

Hamas calls for swift hostage-prisoner swap as talks set to begin

Foreign ministers of several countries, including Egypt, said the talks were a "real opportunity" to achieve a comprehensive and sustainable...

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Israel escalates bombing in Lebanon as Hezbollah fires projectiles; UN warns of Gaza famine

Israel escalated strikes on Hezbollah in Beirut and Tyre, targeting strongholds, while Hezbollah launched retaliatory attacks on Haifa, hitting a...

With Trump’s presidency, expect pro-Israel policies to replace Biden’s nuanced approach in Middle East relations

Trump’s return could shift US policy on Israel, with his Republican Party's pro-Israel stance and his preference for "America First"...

HRW accuses Israel of ‘war crime’ with ‘forcible transfer’ in Gaza

Human Rights Watch said in a report released Thursday that Israel's repeated evacuation orders in Gaza amount to the "war...

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UN nuclear chief heads to Iran for crucial talks

International Atomic Energy Agency chief Rafael Grossi is set to visit Tehran on Wednesday for crucial talks on Iran's nuclear...
  • Israel has warned Iran it was "more exposed than ever" to strikes on its nuclear facilities
  • Tehran has deactivated surveillance devices needed to monitor the nuclear program

Lebanon says 11 killed in Israel strikes across the country

Lebanon said Israeli strikes killed 11 people across the country Tuesday
  • "The Israeli enemy strike on Baalshmay killed five people," the health ministry said
  • Israeli strikes outside Hezbollah strongholds have often targeted buildings where displaced civilians have sought refuge

Donald Trump ramps up transition moves with key appointments

President-elect Donald Trump is tapping loyalists for several key posts after signaling his desire to have his cabinet confirmed without...
  • Trump has promised to carry out the "biggest deportation operation in the history of our country"
  • New York congresswoman Elise Stefanik got the nod for UN ambassador, while Stephen Miller might serve as deputy chief of staff