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.

US unveils 21-point peace proposal: Israel to withdraw from Gaza, Hamas to disarm

While the plan offers several concessions to Palestinians, it also carries provisions favorable to Israel — including Hamas’ demilitarisation and...

Dutch refinery looks to boost production of sustainable aviation fuel

Sustainable aviation fuels are being made from different sources such as municipal waste, leftovers from the agricultural and forestry industry,...
  • EU plans to impose the use of a minimum amount of sustainable aviation fuel by airlines, rising from two percent in 2025 to six percent in 2030 and at least 63 percent in 2050
  • Neste's Lehmus said there was a great need to mature the technologies to make sustainable aviation fuel from diverse sources such as algae, nitrocellulose and synthetic fuels

Israeli air strike near Homs injures five Syrian soldiers

The Syrian Observatory for Human Rights, a Britain-based war monitor, said the strikes targeted several military positions of Syrian government...
  • According to the agency, the attack was Israel's third in recent days after Damascus was targeted on the nights of March 30 and 31
  • The country's air defence intercepted several missiles, but five soldiers were wounded and some material damage was reported, the source added

Ukraine terms Russia UN presidency a ‘slap in the face’

Kyiv, Ukraine--Ukraine on Saturday branded Russia's presidency of the UN Security Council for the month of April "a slap in the...
  • As part of its monthly rotation between the Security Council's 15 member states, Russia takes on the presidency with ties with the West embittered by its invasion of Ukraine
  • Ukraine's foreign minister described Russia's tenure as a "slap in the face to the international community" and called on UNSC members to stop Russia from abusing its presidency

WTO 2023 to put spotlight on trade role in sustainable future

GENEVA, SWITZERLAND - The WTO’s annual Public Forum 2023 will focus this year on how trade can contribute to a...
  • The Forum will examine in particular how the services sector, digitalization and inclusive trade policies can support global environmental goals.
  • Sessions at the Public Forum are organized by representatives from civil society, academia, business, government and international organizations.

Man killed by police in old Jerusalem, says Israel

Israeli police said they shot dead an Arab Israeli who grabbed a gun from an officer and fired it in...
  • The attack occurred hours after thousands of Palestinians had packed the Al-Aqsa mosque compound.
  • Since the beginning of 2023, violence between Israel and Palestinians have increased rapidly.

Syrian foreign minister on a visit to Egypt

Egypt's Foreign Minister Sameh Shoukry met with his Syrian counterpart Faisal Mekdad in Cairo, a first since Syria's civil war...
  • Several Arab countries rushed to Syria's aid after a February 6 earthquake killed tens of thousands in the war-torn country.
  • Egyptian President Abdel Fattah al-Sisi called his Syrian counterpart Bashar al-Assad in an unprecedented show of support.

Iran puts two women behind bars for refusal to wear hijab

Iranian authorities ordered the arrest of two women, the judiciary said after a viral video appeared to show them being...
  • The new incident comes after the death in custody of Iranian Kurd Mahsa Amini in September sparked months of protests
  • Iranian President Ebrahim Raisi reiterated calls affirming that Iranian women should wear the hijab as a "religious necessity".

Norway contributes US$23.7m of flexible funding to FAO

ROME, ITALY  -  The Food and Agriculture Organization of the United Nations (FAO) has welcomed a US$23.7 million contribution from...
  • The funds will be channeled through FAO’s Special Fund for Emergency and Rehabilitation Activities - a funding mechanism with streamlined procedures.
  • With this, FAO aims to reach around 600,000 food insecure people with farming inputs, livestock supplies, fishing inputs and cash assistance where needed.

Pakistani businessman exports food products to Israel

ISLAMABAD, PAKISTAN - The American Jewish Congress celebrated the arrival of the first shipment of food products from Pakistan to...
  • While Israeli authorities and buyers have no issue with direct shipments from Pakistan, officials in Islamabad have not issued any comment.
  • The transaction reportedly involved Pakistani-Jewish businessman Fishel BenKhald and three Israeli entrepreneurs.

US President Joe Biden calls for release of reporter held in Russia

Washington, United States--President Joe Biden on Friday called for Russia to release Wall Street Journal reporter Evan Gershkovich, who is being...
  • In a hard-hitting editorial in the Wall Street Journal, its board of opinion editors called for the expulsion of Russia's ambassador to the US as well as all Russian journalists
  • While condeming the arrest, the White House warned Americans not to travel to Russia and also advising those inside the country to leave for their own safety

Trump gives Hamas ultimatum of ‘three to four days’ on Gaza deal

The plan calls for a ceasefire, the release of hostages by Hamas within 72 hours, a disarmament of Hamas and...

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October 7 anniversary: Hamas praises ‘glorious’ moment in its resistance, Netanyahu says ‘we will win’

Hamas called the Palestinian resistance a testament of resilience against Israeli aggression, while Netanyahu reaffirmed Israel's commitment to crush Hamas...

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...

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...

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Updates: Israel attacks 2,000 sites in Lebanon, kills over 40 rescuers, and destroys hospitals

Israel has intensified its attacks against Lebanon striking emergency services and professionals - a possible war crime. Several hospitals in...
  • Israeli bombing in Lebanon has killed more than 1,110 people and has displaced up to one million
  • Turkish President Recep Tayyip Erdogan accuses Israel of "shamelessly" attacking UN chief Antonio Guterres

Updates: Iran’s supreme leader says anti-Israel resistance will not back down

Ayatollah's rare address in Arabic follows Iran's second-ever direct attack on Israel; rallies held in Jordan and Bahrain in support...
  • Speaking days ahead of Oct 7 attack anniversary, Khamenei defended the Palestinian group's "logical and legal" actions and hailed its "fierce defense" against Israeli forces.
  • Beyond Tehran, crowds of protesters gathered in Jordan and in Bahrain, which both have ties with Israel, after Friday prayers in a show of support for Hamas and Hezbollah.

Israel’s hawkish Yoav Gallant driving war in Lebanon

Jerusalem, Undefined - Defence Minister Yoav Gallant, a former general who has shaped Israel's war against Hamas in Gaza, is a...
  • The hawkish politician, a member of Prime Minister Benjamin Netanyahu's party has repeatedly stressed that Israel must take the fight to Lebanon
  • Military action was "the only way to ensure the return of communities in northern Israel to their homes", Gallant told visiting US envoy Amos Hochstein last month