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.

China rejects envoy’s claims on ex-Soviet countries sovereignty

China insisted it respects the sovereignty of all ex-Soviet countries, after comments by its ambassador to France drew ire in...
  • Beijing distanced itself from Lu's remarks - while also defending its claimed neutral stance on Russia's war in Ukraine.
  • Lu said countries that emerged after the fall of the Soviet Union "don't have effective status under international law.

West imposed nearly 800 sanctions on Iran since Sept 2022: Analyst

Tehran, Iran -- The West has intensified economic pressures on Iran in recent months and imposed nearly 800 sanctions on...
  • Several Western governments imposed new sanctions on Iran in the aftermath of the protests against the death in custody of Mahsa Amini.
  • Mohsen Pakaeen, a foreign policy analyst, asked Iran to improve the economic structure of the country to avoid the negative consequences of the sanctions.

Iraq president to visit Iran as Middle East peace process gathers pace

Tehran, Iran-- Iraq's President Abdul Latif Rashid will make an official visit to Iran in the near future as the...
  • The visit of Iraqi president to Iran was raised in a phone call between the Iraqi Foreign Minister Fuad Hussein and Iranian Foreign Minister Hossein Amirabdollahian
  • The two foreign ministers also reviewed ways to widen strategic cooperation and the need for consultations on various issues of mutual interest

Israel arrests Jordan MP for smuggling arms, gold into West Bank

Jordan's foreign ministry said that Israel has arrested Imad Adwan, a member of parliament, suspected of smuggling weapons and gold...
  • The foreign ministry said that Jordan is seeking to find out the details of his arrest and address "it as quickly as possible"
  • According to Israeli media, he was arrested at the King Hussein (Allenby) crossing in the West Bank, which Israel has occupied since 1967

Chinese diplomat’s views on post USSR nations draw EU ire

Brussels, Belgium - Comments made by the Chinese ambassador to France questioning the sovereignty of post-Soviet countries were "unacceptable," EU foreign...
  • Ambassador Lu Shaye suggested countries that emerged after the fall of the Soviet Union "don't have effective status under international law.
  • Ukraine and other independent post-Soviet nations -- including EU members Estonia, Latvia and Lithuania -- have condemned Lu's remarks.

Syrians in rebel-held Idlib rally against Arab-Assad detente

"We came to send a message to the whole world that with this normalization, you will gain Bashar al-Assad the...
  • Several hundred Syrians, some displaced from other parts of the country by the 12-year war, took part in the protest, according to an AFP reporter.
  • Idlib is home to about three million people. The enclave is controlled by Hayat Tahrir al-Sham, the former Syrian branch of Al-Qaeda, and other rebel groups.

Algerian president to visit France in June

ALGIERS, ALGERIA -  Algerian President Abdelmadjid Tebboune will visit France in June, his office said Sunday, weeks after a diplomatic spat...
  • In February, Algeria withdrew its ambassador from France, accusing it of helping an activist, sentenced to prison, flee the African country.
  • Algeria was a French colony for 130 years and gained its independence in 1962 after a devastating eight-year war.

HFZA showcases Sharjah as attractive investment destination at India Steel 2023

SHARJAH, UAE -  India is among the UAE's most significant investment partners, with substantial mutual investments. Iron and steel rank...
  • Iron and steel rank among the top commodities exported from the UAE to India.
  • India is among UAE's most vital trade partners, with substantial mutual investments.

Collective action required for food security, says FAO

MIYAZAKI, JAPAN  -  With hunger levels rising and food prices soaring in most of the world, collective actions are necessary...
  • Trade continues to be key for global food security and all nations must commit to well-functioning markets and transparency, FAO said.
  • "We need to work together in an efficient, effective and coherent manner to identify the solutions," FAO added.

UK to test new alert system on mobile phones

LONDON, UK - The UK will conduct its first test of a new emergency alert service on Sunday, with millions of...
  • The alert system, modeled on schemes in Canada, Japan, and the US aims to warn the public if there is a danger to life nearby.
  • Emergency services and the government hope to use the system to alert people to issues such as severe flooding and fires.

Bangladesh deploys warships to protect prized hilsa fish

Dhaka, Bangladesh -- Bangladesh's defense force said it has deployed warships and patrol aircraft as part of a special surveillance...

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Nations far apart in COP29 climate finance talks

According to the latest draft of the long-sought climate finance pact, most developing countries favor an annual commitment from wealthy...

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...

Lebanon says 11 killed in Israel strikes across the country

Lebanon said Israeli strikes killed 11 people across the country Tuesday

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Saudi Crown Prince says Israel must not attack Iran, expresses shock over war crimes in Gaza

Indicating improving ties between the two major powerhouses in the Middle East, Crown Prince Mohammed bin Salman urged international community...
  • International community should oblige Israel "to respect the sovereignty of the sisterly Islamic Republic of Iran.."
  • Riyadh and Tehran are warming their relationship, and this is a very different regional environment, says expert.

Saudi hosts Muslim nations to discuss war in the Middle East with Trump in the equation

Arab and Muslim leaders are gathering in Saudi capital city Riyadh to discuss Israeli war against Gaza and Lebanon in...
  • Summit in Saudi Arabia is an opportunity for Muslim leaders to show signal what they want and expect from the incoming Trump administration
  • Israeli strikes on Sunday killed dozens in Gaza and Lebanon as US deadline for Israel to improve aid delivery is on Wednesday

Qatar halts Gaza mediation efforts amid stalled talks on ceasefire and hostage release

The Gulf emirate, which has hosted Hamas's political leadership since 2012 with US blessing, has been involved in months of...
  • Talks, also mediated by Cairo and Washington, have repeatedly hit problems since a one-week truce in November 2023 -- the only one so far
  • One crucial hurdle has been Hamas's insistence that Israel withdraw completely from Gaza, something Israeli officials have repeatedly rejected