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.

GCC letter seeks US response to Israeli Palestinian comments

The letter from the six-member GCC's foreign ministers also called on the United States "to play its role in reaching...
  • The US State Department said they had found Smotrich's comments "to not only be inaccurate but also deeply concerning and dangerous."
  • Violence has intensified in the West Bank in recent months, which Israel has occupied since the Six-Day War of 1967.

UAE urges investment, action for water sustainability at UN meet

DUBAI, UAE – UAE Minister of Climate Change and Environment Mariam bint Mohammed Almheiri emphasized the importance of collaboration, data...
  • The UAE is on track to reduce total water consumption of its food sector by over 15 percent despite doubling production by 2030.
  • The UAE’s national plan - the Water Security Strategy 2036 - ensures that programs are implemented on the supply and demand side.

IMF chief: another ‘challenging year’ ahead, risks to financial stability up

Even with a better outlook for 2024, global growth will remain well below its historic average of 3.8 percent, she...
  • Policymakers have acted decisively in response to financial stability risks, and advanced economy central banks have enhanced the provision of U.S. dollar liquidity, she said.
  • IMF research shows that productivity-enhancing reforms in China could lift real GDP by as much as 2.5 percent by 2027, and by around 18 percent by 2037.

Israeli defence minister calls for pause to reforms as protests continue

The latest demonstration to hit Israel's commercial hub came days after Prime Minister Benjamin Netanyahu vowed to press on with...
  • Galant called for the halt before lawmakers are due to vote next week on a central part of the government's proposals, which would change the way judges are appointed
  • Demonstrations erupted in January after the coalition announced its reform package, which the government says is necessary to rebalance powers between lawmakers and the judiciary

Russia to deploy tactical nuclear weapons in Belarus: Putin

Moscow, Russia--Russian President Vladimir Putin said Saturday he would deploy tactical nuclear weapons in neighbour and ally Belarus, bringing the arms...
  • The Russian president has openly spoken about using nuclear weapons in Ukraine if Russia were threatened
  • Voicing fears that Russia could use nuclear weapons if it feels defeat coming on the battlefield, the US officials have warned Russia against the use

Death toll in US strikes on Iran-linked groups in Syria rises to 19

The Britain-based Observatory, which has a wide network of sources on the ground, said 19 people were killed in the...
  • Further rocket attacks by Iran-backed militias took place late Friday, prompting more strikes by coalition warplanes, the Syrian Observatory for Human Rights reported
  • The Syrian government, which is closely allied with Iran, accused the United States of lying about the targets of its air strikes to justify its "act of aggression"

Violent scenes in France as protests begin against reservoir construction

SAINTE-SOLINE, FRANCE - French security forces again clashed with protesters Saturday as campaigners sought to stop the construction of reservoirs for...
  • Multiple projectiles and improvised explosives were thrown by protesters, with police responding with tear gas and water cannon.
  • Eleven people were already detained after police seized cold weapons, including petanque balls and meat knives, as well as explosives.

UAE highlights food, energy insecurity at G20 Finance Track meeting

CHENNAI, INDIA - The UAE spoke on food and energy insecurity and their implications in the second Framework Working Group...
  • The UAE delegation highlighted emerging uncertainties in the finance sector.
  • The delegation discussed effective ways to promote global financial stability.

EU, Germany reach deal on fossil fuel car phaseout

BRUSSELS, BELGIUM - The European Union and Germany on Saturday said they had struck a deal after a dispute over the...
  • A landmark deal to prohibit new sales of fossil fuel cars from 2035 is key to the bloc's ambitious plan to become a "climate-neutral" economy by 2050.
  • Germany demanded that the EU provide assurances the law would allow the sales of new cars with combustion engines that run on synthetic fuels.

Muharrem Ince, a combative spoiler enters Turkey’s election campaign

Six disparate parties have built an anti-Erdogan alliance and -- after a year-long debate -- rallied around the candidacy of...
  • Ince's last-minute entry into the election race that was shaping opposition's best chance yet to defeat Erdogan has ruffled feathers across the political spectrum
  • Eurasia Group analyst Emre Peker said Muharrem Ince's ability to draw votes away from Kilicdaroglu will make his position crucial in the likely runoff on May 28

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...

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Israel prepares for Lebanon ground invasion as Netanyahu tells Iranians ‘change coming soon’

While Israeli defense minister indicates imminent ground invasion of Lebanon speaking to his country's troops, Prime Minister Netanyahu addresses Iranian...

Israel targets Palestinian group in first strike on Beirut center

Israel hit a Beirut apartment block on Monday, killing three members of a Palestinian armed group in its first strike...

Israel and Hezbollah: A complex history of decades-long conflict and tensions

Nicosia, Cyprus - Israel and Lebanon's Shiite Muslim movement Hezbollah, whose leader Hassan Nasrallah was killed in an Israeli air strike...

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How Israel killed Hezbollah leader Hassan Nasrallah?

Israel has been planning for months to kill Hezbollah leader Hassan Nasrallah in south Beirut. Reports say Israeli PM approved...
  • Exploding devices, which Israel has not claimed, killed at least 39 people, wounded almost 3,000 and "threw Hezbollah's communications back to the stone age
  • Senior officials say that "more than 80 bombs were dropped over a period of several minutes to kill" Hassan Nasrallah

UN sends emergency food aid for one million Lebanese amid fresh Israeli attacks

The World Food Program says it had launched an emergency operation to provide meals for one million people affected by...
  • Lebanon's health ministry said Israeli air strikes killed 21 people on Sunday in east Lebanon
  • "During the intelligence-based strikes, the (air force) struck approximately 120 Hezbollah targets in southern Lebanon"

Trump launches into ‘dark speech’ on illegal immigration

Anti-immigrant sentiment has been at the core of Trump's appeal in economically depressed, majority-white parts of the country ever since...
  • Trump was seeking to strike back at Harris after she visited the US-Mexico border on Friday and vowed to do more to control asylum claims
  • The issue is one of the Democratic vice president’s weakest in polling, as she runs neck-and-neck against Trump in the November 5 election