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.

Cementing ties: Iran invites Saudi Arabia’s king to visit Tehran

The two countries had severed ties seven years ago after Saudi Arabia executed a revered Saudi shia cleric Sheikh Nimr...
  • The two Middle East powerhouses had held several rounds of dialogue in Iraq and Oman before reaching the agreement to mend ties on March 10 in China.
  • Saudi delegation to visit Iran to discuss the reopening of the embassy and consulate. Iranian officials say diplomatic mission likely to open before May 9.

After major Yemen prisoner swap, another 104 released: ICRC

A day after a major prisoner exchange, more than 100 prisoners of war were flown from Saudi Arabia to Yemen...
  • The exchange and the truce negotiations come a month after Gulf heavyweights Saudi Arabia and Iran agreed to re-establish diplomatic ties
  • The release of 104 captives, days before the major Muslim festival of Eid al-Fitr, takes the total number to 973 freed since Friday

US raid in Syria targets senior IS leader: Centcom

Beirut, Lebanon--A US helicopter raid on Monday targeted a senior Islamic State group leader in Syria suspected of plotting attacks in...
  • A US Central Command statement said that the target of the strike was "responsible for planning terror attacks in the Middle East and Europe"
  • The strike, according to the Observatory, a Britain-based war monitor, killed the main target and two other fighters

More than 40 people killed in Syria attacks blamed on IS

The Observatory, which has a wide network of sources on the ground in Syria, said fighters riding motorbikes also attacked...
  • Since February, more than 240 people have been killed in IS attacks targeting truffle hunters or by landmines left by the extremists
  • Remnants of explosives laid by all sides in the conflict are now claiming more lives in Syria than anywhere else in the world, says the UN

UN denounces Sudan clashes, demands ‘swift justice’ over killings

Denouncing clashes in Sudan that have left dozens of civilians dead including three workers of the World Food Program, UN...
  • The UN Security Council, according to diplomatic sources, is planning to discuss the situation in Sudan at a closed-door meeting on Monday.
  • FIghting between the Sudanese armed forces and a rival paramilitary, the Rapid Support Forces, have left at least 56 civilians dead

10 Iranian soldiers sentenced for downing of Ukrainian plane

Iran's judiciary had said in November 2021 that a trial had opened in Tehran for 10 military members in connection...
  • A commander received 10 years in prison and nine others were sentenced to between one and three years.
  • Iranian forces shot down Ukraine International Airlines flight PS752 shortly after its takeoff from Tehran on January 8 that year.

WFP stops Sudan operation after three members killed in violence

The UN's food agency said it was suspending work in Sudan after three staff were killed in the Darfur region,...
  • "While we review the evolving security situation, we are forced to temporarily halt all operations in Sudan," said a WFP official.
  • Fighting in Sudan raged for a second day in battles between rival generals who seized power in a 2021 coup.

Ukrainian foreign minister to discuss ‘bolstering ties’ during Iraq visit

In February this year, the Iraqi foreign minister reiterated Baghdad's support for a ceasefire and negotiations to end the war...
  • Ukrainian minister Kuleba is due to hold talks with Iraqi Foreign Minister Fuad Hussein as well as Prime Minister Mohamed Shia al-Sudani.
  • Iraq maintains good economic ties with both Kiev and Moscow, and has adopted a neutral stance since Russia invaded Ukraine.

Iraq invites Turkey, Iran to discuss water share issue  

BAGHDAD, IRAQ -  Iraq's Minister of Water Resources Aoun Diab said on Sunday that the releases of the Tigris River...
  • Iraq's Minister of Water Resources said that an invitation was extended to the Iranian Minister of Energy to attend the third Baghdad Water Conference.
  • Iraq invited the Turkish delegation for the purpose of continuing discussions on activating the memorandum of understanding signed between the two countries.

Iran seals 150 businesses for ‘disrespecting’ headscarf obligation

The closures were announced a day after police said they have now implemented a plan to deal with women who...
  • The crackdown comes after the number of women defying the code has risen since a protest movement triggered by the death in custody last year of Kurdish-Iranian Mahsa Amini.
  • Last week, police chief Ahmad-Reza Radan said those who remove their headscarves would be identified using "smart equipment".

Hamas says ready for peace talks, Trump urges Israel to halt Gaza bombing

Trump's peace proposal, backed by Israeli Prime Minister Benjamin Netanyahu, calls for a halt to hostilities in the nearly two-year...

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Israel, US envoys discuss possible ceasefire amid rising casualties in Lebanon conflict

With US mediation, a ceasefire proposal emerges for both Gaza and Lebanon, balancing Israel's security demands and Lebanon’s need for...

New Hezbollah leader signals ceasefire openness, but Israel demands Hezbollah withdrawal, border security

Israel’s security cabinet discussed terms, including Hezbollah’s withdrawal north of the Litani River and Lebanese army deployment along the border...

New Hezbollah leader says will accept ceasefire with Israel if terms ‘suitable’

Qassem replaces Hasan Nasrallah who was assassinated by Israel on September 27 after more than 30 years at the helm...

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Mideast at ‘most dangerous juncture’ in decades: UN official

The UN's special coordinator for Middle East peace warned that the region was at its "most dangerous juncture" in decades
  • Israel's retaliatory offensive has killed at least 43,020 Palestinians in Gaza
  • And in Lebanon, at least 1,700 people have been killed since September 23

Updates: Israel slaps ban on United Nations and kills more than 150 in Lebanon and Gaza

Shunning international pressure, Israeli parliament passed a bill banning a United Nations aid agency, and also intensified its strikes against...
  • UNRWA has provided essential aid, schooling, healthcare and assistance across the Palestinian territories and to Palestinian refugees
  • US President Joe Biden said: "We need a [Gaza] ceasefire. We should end this war. It should end, it should end, it should end."

Iran FM says ‘received indications’ before Israeli attack

Araghchi said the "necessary measures" were taken when the attack unfolded, adding that he had been in contact with military...
  • "We had received indications since the evening about the possibility of an attack that night," Araghchi told reporters without specifying the nature of the indications
  • US news website Axios on Saturday said Israel has "sent message to Iran" ahead of its attack and warned it "against a response"