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.

Manaf Al Hajri named finance minister in new Kuwait cabinet

Dubai, UAE -- Kuwait's Prime Minister Sheikh Ahmad Nawaf al-Sabah has named Manaf Abdulaziz Al Hajri as minister for finance...
  • Most of the ministerial portfolios remain unchanged in the new cabinet, such as Bader Al Mulla, who stays the oil minister.
  • Sheikh Talal Al-Khaled Al-Sabah re-appointed as minister of interior and acting minister of defense, and Sheikh Salem Abdullah Al-Jaber Al-Sabah continues to be foreign minister.

Saudi delegation arrives in Yemen for peace talks with Houthis

The delegation's arrival comes roughly a month after China helped broker a surprise rapprochement between Saudi Arabia and Iran, fuelling...
  • Saudis and Houthis are believed to have agreed in principle on a six-month truce to pave the way for three months of talks on establishing a two-year "transition" for Yemen.
  • The deal is expected to fulfil key Houthi goals, including paying salaries of civil servants in Houthi-controlled areas and lifting restrictions on Houthi-controlled airports.

Iran officials to visit Saudi Arabia on April 14 ahead of reopening diplomatic missions

Iran's foreign ministry said a delegation will visit Saudi Arabia by April 14 to pave the way for reopening its...
  • "We are expecting a foreign ministry delegation to visit Saudi Arabia" by Friday (April 14), Deputy Foreign Minister Alireza Enayati said.
  • "Two separate delegations will go to Riyadh and Jeddah", ahead of the reopening of Iran's embassy and consulate respectively, he said.

Pope deeply concerned as Israel-Palestine violence escalates

VATICAN CITY, HOLY SEE - Pope Francis underlined his "deep concern" over a flare-up in tensions between Israel and Palestinians, as...
  • Fresh violence "threatens the climate of trust and mutual respect needed to resume dialogue between Israelis and Palestinians," the Pope said.
  • Israel launched artillery strikes on Syria in retaliation for rockets the army said were fired from there onto Israeli territory.

Oman issues order to regulate consumer cooperatives

MUSCAT, OMAN  -   Oman Ministry of Commerce, Industry and Investment Promotion on Sunday  issued an order to regulate the activities...
  • The order aims at promoting Omani products, establishing new supply chains, supporting national industries.
  • The ministry pointed out that consumer cooperatives operate under a legal framework to sell goods.

Antony Blinken urges Israelis, Palestinians to deescalate tensions

In a telephonic conversation with UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan, Blinken...
  • “The United States will continue to consult closely with partners on how to advance regional security, stability, and prosperity,” Patel said.
  • The UAE was the first Arab state to open diplomatic relations with Israel in almost three decades in a US-brokered deal.

Rocket debris falls in Jordan after blast near Syria border

Amman, Jordan--Jordan's army announced that a rocket exploded Saturday evening and its debris fell in Jordanian territory near the border with...
  • The explosion in the air coincided with the Israeli army announcing the launch of artillery strikes in Syria in response to rocket from there
  • The Jordanian army statement said the debris did not cause any casualties or damage and that officials were examining the site of the incident

US Justice Dept launches investigation into secret US documents leak

US officials told that some documents appeared to be manipulated but many were consistent with CIA World Intelligence Review reports...
  • The breach appears to include assessments and secret intelligence reports that touch not only on Ukraine and Russia but also highly sensitive analyses of US allies
  • US media said, the leak would prove valuable to Moscow by showing how deep US intelligence has penetrated parts of the Russian military apparatus

Iran police to deploy ‘smart’ technology to nab unveiled women

Tehran, Iran--Police in Iran said on Saturday they plan to use "smart" technology in public places to identify and then penalise...
  • A police statement warned that action would be taken against "norm-breaking people" by using tools and smart cameras in public places
  • Since the death in custody of Mahsa Amini last year , the number of women defying the compulsory dress code has increased

Thousands protest in Tel Aviv against Netanyahu plan to reform judiciary

Continuing with their protests against Prime Minister Benjamin Netanyahu's plans to reform the judiciary, tens of thousands of demonstrators filled...
  • Tensions have surged in the region since the storming of Al-Aqsa mosque on Wednesday by Israeli forces, forcibly removing Palestinian worshippers from the mosque
  • Israel has been hit by protests for many weeks now since the reform plans were announced in January by Netanyahu's government, which was formed in December

Two dead, four wounded in UK synagogue ‘terrorist attack’

Two people were killed Thursday and four wounded outside a Manchester synagogue packed with worshippers on a Jewish holiday, UK...

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Updates: Israeli attack kills 33 people in Gaza refugee camp as Hamas mourns Sinwar

As Israel continues to pound Gaza, Lebanon, and West Bank, Turkey's Erdogan conveys his condolences to Hamas officials over Sinwar's...

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...

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...

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Netanyahu assures Biden, Iran counterstrike will only target military sites as war spreads to Lebanon and Gaza

US officials, citing Netanyahu’s pledge, reported relief in Washington as Israel’s counterstrike on Iran will not target oil or nuclear...
  • Israel has vowed to counterattack after Iran fired ballistic missiles at the country on October 1, launched in response to Israel's killing of Tehran-aligned leaders in the region
  • Biden has warned Israel against striking Iran's nuclear or oil facilities in order to avoid a further expansion of regional war and amid worries of a spike in global energy prices

Israel strikes Lebanon after Netanyahu vows no mercy for Hezbollah

srael's military launched strikes Tuesday on eastern Lebanon, as Hezbollah fought Israeli soldiers after Prime Minister Benjamin Netanyahu vowed no...
  • Statement comes a day after a drone attack by Hezbollah killed four Israeli soldiers
  • The Unifil peacekeepers will stay in their positions despite suffering injuries

Hezbollah drone strike kills four, wounds dozens at Israeli base, US sending more air-defences

Hezbollah announced late Sunday that it launched a "squadron of attack drones" at the Binyamina camp, 30 kilometers south of...
  • The attack on a military training camp in Binyamina, near Haifa, is the deadliest such assault on an Israeli base since September 23, when Israel increased its attacks on Hezbollah
  • Authorities in Gaza, meanwhile, said the death toll from an Israeli strike Sunday on a school being used as a shelter for displaced people had risen to 15, including whole families