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.

Time for Syria to return to Arab fold, Sheikh Mohamed tells Assad

Abu Dhabi, which normalized relations with Assad's government in 2018, has led aid efforts in the aftermath of the February...
  • This is Bashar al-Assad's second trip to the UAE in successive years, and follows his visit to Oman in February.
  • UAE has vowed to provide in excess of $100 million as aid to quake hit Syria, and gave thousands of tons materials in relief items.

Iran’s president welcomes invitation by Saudi king

Iranian President Ebrahim Raisi has "welcomed" an invitation from Saudi Arabia's King Salman to visit the kingdom following the reconciliation...
  • Riyadh cut relations after Iranian protesters attacked Saudi diplomatic missions in 2016 following the Saudi execution of Shiite cleric Nimr al-Nimr.
  • The two regional heavyweights announced on March 11 a Chinese-brokered deal to restore ties nearly seven years after they were severed.

Former Qatar finance minister charged with bribery, money laundering, corruption

DOHA, QATAR -  Qatari prosecutors have charged former finance minister Ali Sharif Al-Emadi with bribery, money laundering and a range of...
  • Ali Sharif Al-Emadi who became finance minister and chairman of Qatar National Bank in 2013, has not been held in detention.
  • Prosecutors said the investigation had been completed "by interrogating the accused, hearing witnesses, and examining the technical reports".

Kuwait nullifies 2022 elections, reinstates previous parliament

The ruling was made due to discrepancies in the decree dissolving the previous parliament, the official KUNA news agency said....
  • Many in the opposition had stayed out of elections in the past decade, over what they saw as alleged meddling in parliament by the executive authorities.
  • Kuwait is the only Gulf Arab state with a fully elected parliament. One of the world's biggest oil exporters, it adopted a parliamentary system in 1962.

UAE, Serbia discuss cooperation in R&D, innovation

BELGRADE, SERBIA - UAE Minister of State for Public Education and Advanced Technology  Sarah Al Amiri discussed cooperation in research...
  • The UAE minister discussed ways to enhance cooperation between the two nations in her visit to Serbia.
  • She also discussed ways and means to strengthen the education system and vocational schools.

China’s President Xi Jinping plays peacemaker on Russia visit

Xi is pushing for a greater role for China on the global stage and rumours that he may soon hold...
  • Announcing the trip Friday, foreign ministry spokesman Wang Wenbin said China would "play a constructive role in promoting peace talks"
  • China last month published a 12-point position paper on the war in Ukraine, calling for dialogue and respect for all countries' territorial sovereignity

Canada eases immigration rules to make Syrians, Turks feel at home

"Canada is committed to providing relief to those impacted by the devastating earthquakes in Türkiye and Syria," said Sean Fraser, Minister...
  • The new measures would allow, for example, people from those countries to apply for work permits that authorize foreigners to work for any employer for a specified period
  • The announcement comes 10 days after the UN urged the international community to speed up its settlement of Syrian refugees from areas affected by the earthquake in Turkey

Former US President Donald Trump claims his arrest is imminent

Donald Trump called on his supporters to "protest, take our nation back", as he expects to be arrested over an...
  • A conviction in the hush money case would not prevent Trump from running, but an indictment can have major consequences
  • Denouncing Trump's announcement as "reckless, Nancy Pelosi said it would foment unrest among his supporters

Ukraine grain deal extended, says Turkey’s President

Turkey announced the extension of a deal that has allowed exports of Ukrainian grain to resume following Russia's invasion, but...
  • Turkey and the United Nations did not specify the duration of the grain deal.
  • A deal brokered by Turkey and the United Nations in July 2022 - and signed by Kyiv and Moscow - had allowed for the safe passage og grain supplies.

Erdogan to meet Egyptian President al-Sisi soon, says Turkish minister

Turkey's top diplomat said President Recep Tayyip Erdogan and Egyptian President Abdel Fattah al-Sisi would meet to mark the end...
  • Turkey's foreign minister said his country wants to restore diplomatic relations with Egypt at the highest level.
  • Egyptian foreign minister Sameh Shoukry visited Turkey in February after the deadly earthquake as a mark of solidarity

World’s highest bridge opens to traffic in China

Beijing, China -- The world's highest bridge opened to traffic in China on Sunday, state media said, capping an engineering...

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Putin expects Türkiye’s Erdogan to attend BRICS summit in Russia

Russian President Vladimir Putin said Wednesday he expected his Turkish counterpart Recep Tayyip Erdogan to attend a BRICS summit in...

HRW says Israeli strikes on Lebanon putting civilians ‘at grave risk’

United Nations "member states should take urgent action to establish an independent inquiry into violations during the current hostilities", said...

Biden warns at UN against ‘full-scale war’ over Lebanon

Biden also pushed again for an elusive ceasefire between Israel and Hamas, telling the global body it was time to...

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Nearly 500 dead in Israeli strikes on Hezbollah strongholds in Lebanon

Israeli air strikes on Lebanon killed at least 492 people on Monday, including 35 children, Lebanon's health ministry said, marking...
  • Israel said it killed a "large number" of Hezbollah militants when it hit about 1,600 sites in southern and eastern Lebanon
  • EU foreign affairs chief Josep Borrell warned that Israel and Hezbollah were "almost in full-fledged war"

Hamas weakened, not crushed a year into war with Israel

The Palestinian group has not been crushed outright, and a year on from its unprecedented attack on Israel, an end...
  • In one of the biggest blows to the movement since it was founded in 1987 during the Palestinian intifada uprising, Hamas's leader Ismail Haniyeh was assassinated in Iran on July 31
  • On the Gaza battlefield, Israeli forces have aggressively pursued both Sinwar and Hamas military chief Mohammed Deif, whom Israel says it killed in an air strike

World leaders gather at UN as Mideast tensions explode

Escalating clashes between Israel and Hezbollah threatened to overshadow US President Joe Biden's final appearance at the UN's signature annual...
  • UN Security Council member France called for an emergency meeting on the crisis engulfing the Middle East
  • Top diplomat of European Union Josep Borrell warned, "we are almost in a full-fledged war" about the Lebanon-Israel situation