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.

Israeli forces kill two Palestinians in Nablus raid

Israeli forces have carried out a number of deadly raids in the The raid came two days after a peak...
  • The Israeli army said it had carried out the raid to apprehend two individuals linked to an attack in which two Israeli soldiers were injured last month
  • Since the start of the year, the Israeli-Palestinian conflict has claimed the lives of at least 90 Palestinians, 15 Israelis and one Ukranian

China begins security probe into US chipmaker Micron

BEIJING, CHINA - Chinese authorities have begun an investigation into leading US memory chipmaker Micron Technology, a decision Beijing's foreign ministry...
  • The probe escalates an already fierce battle between US and China for supremacy in the field of semiconductors.
  • US authorities have in recent years sought to prevent the country's advanced chip technology from being exported to China.

Car bombing rocks Syria capital, no deaths reported: state media

Sunday's attack comes amid increased Israeli air strikes on Syria. The air strike near the western Syrian city of Homs...
  • The interior ministry said "two people were slightly injured" in the blast that targeted a pick-up truck, adding that "investigations are ongoing"
  • Two Iran-affiliated fighters were killed in an Israeli air strike in Syria Sunday, according to the British-based monitor with a wide range of sources in Syria

Jordan king says ‘duty to deter Israeli escalation’ in Jerusalem, safeguard holy sites

The king touted a longtime commitment to preserving "peace and harmony" at Jerusalem's Al-Aqsa mosque compound -- Islam's third holiest...
  • A statement said the king told the delegation, led by Palestinian president Mahmud Abbas, that Jordan "will always be with you."
  • The meeting follows tensions with the Israeli government over a minister's remarks denying the existence of the Palestinian people

Arab thaw: Egypt’s Sisi likely to meet Syria’s Assad this month

Cairo. Egypt - The Egyptian President Abdel Fattah al-Sisi is planning to hold a meeting with his Syrian counterpart Bashar...
  • Cairo and Damascus are in the process of restoring diplomatic ties after the end of the holy month of Ramadan
  • Syrian Foreign Minister Faisal Mekdad was in Cairo for talks with Egyptian officials, marking the first such visit in over a decade

Egyptian President al-Sisi meets Saudi Crown Prince amid quest for financial aid

CAIRO, EGYPT - Egyptian President Abdel Fattah al-Sisi met Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz...
  • Both Egypt and Saudi Arabia possess significant influence within the Arab, Islamic, and international spheres.
  • The similarity between Egyptian and Saudi policies leads to alignment on several global, Arab, and Islamic issues.

Trump’s lawyers denounce indictment as ‘political persecution’

On Sunday, his attorney Joe Tacopina bluntly dismissed the anticipated charges -- related to a hush-money payment to an adult...
  • Trump is due to be arraigned at a Manhattan courthouse on Tuesday, the first time a president or former president faces criminal charges.
  • The indictment is still under seal, and the circumstances of Donald Trump's appearance in New York remain unclear.

Israeli government approves formation of a national guard

The Israeli government approved a decision to form a national guard, officials said, which opponents warn would function as a...
  • The national guard will comprise 1,800 members who will "bring back personal security" to Israelis, said a government statement.
  • More details about the guard's goals and authority will be issued by a committee within two months, the statement added.

Innovation key to solving Gulf water woes

Improved farming techniques, better desalination technologies, awareness campaigns and global cooperation can mitigate the regions problems caused by water scarcity.
  • World Economic Forum says the Middle East and North Africa is one of the most water-scarce regions in the world.
  • For years, the water crisis has exacerbated conflict and political tensions, while UNICEF says 90% of children in the region live in water stress areas.

Miami to host next edition of Global Priority Summit in 2024

According to FII CEO Richard Attias, the report on the Global Priority Summit will be ready by October 2023, and...
  • The summit emphasized the significance of motivation and collaborative efforts as crucial factors for the achievement of Saudi Arabia's Vision 2030
  • The FII CEO Richard Attias noted that what made the global conversation at the Miami Summit remarkable was that all speakers mentioned Saudi Arabia as a standard model

Yemen’s Huthis take responsibility for attack on Dutch cargo ship

Sana, Yemen - Yemen's Huthi rebels claimed responsibility on Wednesday for an attack on a Dutch cargo ship this week...

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Saied re-elected Tunisia president with 90.7% of the vote

Tunis, Tunisia - Kais Saied has been re-elected president of Tunisia with 90.69 percent of votes cast, electoral authority ISIE said...

HRW: Israeli strikes endanger civilians on Lebanon-Syria border

Human Rights Watch said the strikes were "impeding civilians trying to flee and disrupting humanitarian operations", adding: "The situation places...

Israel marks first anniversary of Hamas’s October 7 attack

Israel began its commemorations Monday of the one-year anniversary of Hamas's deadly October 7 attack, with an outpouring of emotion...

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Israeli airstrikes escalate in Lebanon as UN and Macron demand urgent ceasefire and de-escalation

As Israeli airstrikes rock Beirut, the UN demands peace and hostages’ release, and Macron criticizes Israel’s military actions, warning against...
  • The UN secretary-general denounced Hamas and called for an immediate end to the "shocking violence and bloodshed" in Gaza and Lebanon
  • French President Emmanuel Macron called Saturday for a halt on arms deliveries to Israel for use in Gaza, provoking a sharp response from Israeli PM Netanyahu

Iran FM threatens ‘even stronger’ retaliation to any attack

"Our reaction to any attack by the Zionist regime is completely clear," Foreign Minister Abbas Araghchi told reporters in the...
  • He spoke after an Israeli military official told AFP, the army was "preparing a response to the unprecedented and unlawful Iranian attack."
  • The conflict has also drawn in Iran's Lebanese ally Hezbollah, and on September 23 Israel sharply intensified its campaign against the militant group

Trump says he thinks Israel should ‘hit’ Iran nuclear facilities

The former president, speaking at a campaign event in North Carolina, referred to a question posed to Democratic President Joe...
  • "When they asked him (Biden) that question, the answer should have been, hit the nuclear first, and worry about the rest later," Trump said
  • Biden was asked on Wednesday whether he would support strikes against Iranian nuclear sites and the US president told reporters: "The answer is no."