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.

Saudi Arabian delegation arrives in Iran to cement diplomatic ties

Saturday's visit is part of "implementing the tripartite agreement" reached on March 10 between the two regional powers, brokered by...
  • Iranian President Ebrahim Raisi has been invited by Saudi King Salman to Riyadh, a trip planned to take place after the holy fasting month of Ramadan.
  • The two countries severed ties after protesters in the Islamic republic attacked Saudi diplomatic missions following Riyadh's execution of a prominent Shiite cleric.

Omani group in Yemen to discuss Saudi-Houthi peace deal

Nearly a decade of war in Yemen has claimed hundreds of thousands of lives, both directly and indirectly, and triggered...
  • The rapprochement between the two great regional rivals, Iran and Saudi Arabia, has fueled hopes of reduced tensions in the Middle East.
  • The United Nations special envoy on Yemen, Hans Grundberg, was in the Omani capital this week for talks on "the political process".

20 sub-Saharan migrants missing after boat sinks off Tunisia coast

They were among 37 people aboard the vessel which had left from Tunisia's coast and then "sank on Friday afternoon",...
  • It was at least the sixth sinking since the beginning of March in incidents which have left around 100 people dead or missing.
  • The latest case adds to the more than 14,000 migrants which Tunisia's coastguard said it has intercepted on their way to Europe between January and March.

Schoolgirl poisonings continue in Iran

TEHRAN, IRAN - Dozens of schoolgirls were poisoned Saturday in several schools across Iran, local media reported, in continuation of the...
  • School going girls have been regularly targeted by poisoning since late November 2022 in Iran.
  • Iran reported that till March 7, over 5000 students across 25 provinces in the country have been poisoned.

Iraq condemns Turkey for air strikes in Kurd region

BAGHDAD, IRAQ - Iraqi President Abdel Latif Rashid condemned Turkey on Saturday for bombarding an area near Sulaimaniyah airport in the...
  • Iraqi president said Turkey continued to target Kurdistan region as it struck against Sulaimaniyah airport.
  • President Abdel Latif Rashid said Turkey has "no legal justification" for attacking the Kurdish region.

Jordanians still revere Saddam for Palestine cause, Arab nationalism

Amman, Jordan -- Twenty years after the fall of his regime, the late Iraqi president Saddam Hussein remains admired and popular...
  • "Tens of thousands of Jordanians graduated from Iraqi universities in various fields during Saddam's era with free scholarships," MP Khalil Attiyeh told AFP.
  • "The main reason Jordanians love Saddam is that they saw him as a hero and a savior who had a mission to boost the Arab nation at all levels," Attiyeh told AFP.

North Korea tests another underwater ‘nuclear attack drone’

In response to US and South Kroea military drills, North Korea has tested another underwater nuclear attack drone, though military...
  • Blaming US-South Korea exercises for a worsening regional security situation, it claimed to have conducted the first test of the Haeil
  • According to Seoul, the US and South Korea staged joint air drills involving at least one US nuclear-capable B-52H strategic bomber

Russia formally charges Wall Street Journal reporter with espionage

Evan Gershkovich was formally charged with espionage by Russia, according to Russian news agencies, accusation rejected both by the reporter...
  • According to state-run agency TASS, sleuths from the FSB charged Gershkovich with espionage "in the interests of his country"
  • The State Department summoned the Russian ambassador and Antony Blinken raised the matter in a telephone call to Russian foreign minister

China announces military drills in Taiwan Strait

In a PLA statement, Senior Colonel Shi Yi, spokesman for the Eastern Theatre Command, said "United Sharp Sword" would involve...
  • The People's Liberation Army's Eastern Theatre Command said "United Sharp Sword" would run April 8 to 10 for "combat preparedness."
  • The move follows a meeting in California between Taiwan President Tsai Ing-wen and US House Speaker Kevin McCarthy

Israel mobilizes police, army reserves in latest spike of violence

Following the killing of three people in the West Bank and Tel Aviv, Israel has mobilized police and army reserves...
  • In the occupied West Bank on Friday, two British-Israeli sisters were killed and their mother seriously wounded in a shooting attack
  • In Tel Aviv, one man was killed and seven people wounded when a car rammed into people sauntering along a cycling path along the seafront

Israel to deport aid flotilla activists, draws widespread condemnation

Turkey called the interception "an act of terrorism," and on Thursday said it had opened an investigation after Israeli forces...

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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 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 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...

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UN raises alarm over catastrophe amid ongoing Israeli strikes on Gaza, Lebanon

With Israel ramping up strikes on Lebanon and Gaza, the UN warns of a potentially catastrophic regional conflict, highlighting the...
  • Israel has faced a fierce diplomatic backlash over the injuries suffered by five Blue Helmets serving in south Lebanon
  • Lebanon's health ministry said Saturday that Israeli air strikes on three sites had killed at least 15 people, raising an earlier toll

Blinken says US wants Lebanon solution, not ‘broader conflict’

"So Israel has a clear and very legitimate interest in doing that. The people of Lebanon want the same thing....
  • Blinken again said that Israel, which has been carrying out deadly strikes on Lebanon, "has a right to defend itself" against Hezbollah
  • "We continue to engage intensely to prevent broader conflict in the region," Blinken told reporters after an East Asia Summit in Laos

European Mediterranean states to discuss Middle East, migration

Leaders from nine European countries around the Mediterranean Sea are set to meet in Cyprus on Friday October 11 to...
  • Italy, Greece and Spain are the main arrival points in the EU for migrants displaced by war or fleeing poverty
  • The EU has been one of the biggest funders of humanitarian projects in the Palestinian territories