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.

Algeria moves to further curb press freedom with new law

The new law would ban Algerian media outlets from receiving funding or "direct and indirect material aid" from abroad, under...
  • Parliament's lower house approved the bill on March 28 and on Monday the upper house began debating it, with a vote expected Thursday
  • Earlier this month an Algiers court sentenced prominent journalist Ihsane El Kadi to three years in prison for "foreign financing of his business"

UAE and Malta sign MoUs to deepen ties in maritime, sports fields

Abu Dhabi, UAE-- The UAE and Malta have signed three memoranda of understanding in areas of maritime affairs, youth, and...
  • The two ministers discussed ways of deepening cooperation and partnership between the two countries
  • The foreign minister of Malta expressed hope to build bilateral relations with the UAE in various field while applauding the UAE's achievements

Israel’s Netanyahu vows to restore security as violence surges

The day after Israeli police on Wednesday stormed the prayer hall of Jerusalem's Al-Aqsa mosque -- Islam's third-holiest site --...
  • Heavy clashes, shootings, rocket strikes and a car-ramming attack have marred a period when the Muslim holy month of Ramadan coincides with the Jewish Passover and Christian Easter
  • The latest casualties were a Palestinian teenager and a British-Israeli mother who succumbed on Monday to injuries from a West Bank gun attack that earlier killed her two daughters

Saudi envoy to Yemen travels to Houthi-held capital to ‘stabilize truce’

The Saudi ambassador's visit seeks to support the prisoner exchange and also to explore venues of dialogue to reach "a...
  • The Saudi ambassador's visit seeks to support the prisoner exchange and also to explore venues of dialogue to reach "a sustainable, comprehensive political solution"
  • Last week, a Yemeni government source told AFP that the Saudis and Houthis had agreed in principle on a new six-month truce to pave the way for talks

Iran plans to strengthen penalties for violence against women

TEHRAN, IRAN  -  Iran's parliament has adopted proposals to toughen penalties for perpetrators of violence against women which could be voted...
  • The text or the draft bill, which can still be modified, could be formally promulgated into law in the coming months.
  • The text allows the judiciary to provide married women with a permit to leave the country even if their husband prevents them from travelling abroad.

Israeli army kills Palestinian as settlers rally at West Bank outpost

Mohammed Fayez Balhan, 15, was killed after being shot "with live occupation (Israeli) bullets in the head, chest and abdomen",...
  • The Israeli army meanwhile said its forces were operating in the Aqabat Jaber camp near Jericho, without providing further details.
  • Members of Israeli cabinet joined thousands of settlers who rallied in West Bank to push for settlements to be set up in the occupied Palestinian territory.

Environment Agency – Abu Dhabi launches strategic environmental assessment program

ABU DHABI, UAE - The Environment Agency - Abu Dhabi (EAD) has introduced the Strategic Environmental Assessment (SEA) planning program...
  • Strategic Environmental Assessment will promote sustainable development and a healthy environment for future generations.
  • SEA will aid in evaluating environmental impacts and guiding the investigation of alternatives and potential mitigation efforts.

US deploys naval destroyer in South China Sea as China rehearses ‘sealing off’ Taiwan

After two days of exercises that included simulating targeted strikes on Taiwan and encirclement of the island, the Chinese military...
  • China launched the exercises in response to Taiwan President Tsai Ing-wen's meeting with US House Speaker Kevin McCarthy last week
  • The US which had called for China to show restraint, on Monday sent the USS Milius guided-missile destroyer into Beijing-claimed waters

4th batch of Saudi oil derivatives grant arrives in Aden

Aden, Yemen - The fourth batch of the Saudi Oil Derivatives Grant, consisting of 150,000 metric tons of diesel and...
  • This initiative is part of Saudi Arabia's ongoing efforts to support the Yemeni people
  • The grant was provided to help Yemen operate over 70 power generation plants

China to end Taiwan military exercises with live-fire drills

China's war games involved sending planes, ships and personnel into "the maritime areas and air space" around all four sides...
  • Chinese fighter jets and warships simulated strikes on the self-ruled in exercises that sparked condemnation from Taipei and calls for restraint from Washinghton
  • Dubbed "Joint Sword", the three-day operation has included rehearsing an encirclement of Taiwan, the People's Liberation Army's (PLA) Eastern Theatre Command said

Putin vows ‘significant’ response to ‘Europe’s militarisation’

Russian President Vladimir Putin on Thursday promised a "significant" response to "Europe's militarisation", as he addressed a foreign policy forum...

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In escalation, Israel bombs Hezbollah-linked finance group

-Israel began bombing Lebanese branches of an association accused of financing the Iran-backed Hezbollah movement, Lebanese state media reported late...

Putin thanks UAE president for positive role in prisoner exchange with Ukraine

UAE President Sheikh Mohamed meets his Russian counterpart Vladimir Putin to discuss bilateral ties and Middle East. Sheikh Mohamed will...

Israeli attack kills 73 in north Gaza as Netanyahu says Hezbollah tried to kill him

War in the Middle East continues as Israeli attack kills 73 in northern Gaza while Israeli Prime Minister Netanyahu says...

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Hamas leader Yahya Sinwar killed in Gaza as Iran issues fresh warning over Israeli retaliation

Israel and the US government officials express "relief" at the death of Hamas leader Yahya Sinwar. He became the militant...
  • Israel and the United States government officials express "relief" at the death of Hamas leader Yahya Sinwar
  • Iran's Revolutionary Guards chief Hossein Salami warned that Tehran would hit Israel "painfully" if it attacks Iranian targets

Escalating Conflict: Israel strikes Hezbollah in Lebanon killing mayor war

Hezbollah claimed it destroyed an Israeli tank using a guided missile, while Israel reported killing Hezbollah leader Jalal Mustafa Hariri...
  • The latest exchanges came as Israel faced increasing international pressure after UN peacekeepers in Lebanon were wounded
  • The region is braced for Israel's promised retaliation against its arch-foe Iran for launching around 200 missiles at Israel on October 1

Netanyahu rejects ceasefire’ in Lebanon, Hezbollah threatens to expand the scope of its missile strikes across Israel

In a call with French President Emmanuel Macron, Netanyahu said he was "opposed to a unilateral ceasefire, which does not...
  • Netanyahu's comments came as the United States ramped up pressure over Israel's conduct of the wars in Lebanon and Gaza
  • Netanyahu has insisted there must be a buffer zone along Israel's border with Lebanon where there is no presence of Hezbollah fighters