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.

UN identifies 158 firms linked to Israeli settlements

While several companies including Alstom and Opodo had been removed from the non-exhaustive database, major firms such as Airbnb, Booking.com,...

Turkey’s foreign minister to visit Egypt as relations ‘return to normal’

It follows a visit last month by Egypt's Foreign Minister Sameh Shoukry to Turkey in a show of solidarity after...
  • At the time, Turkey's President Recep Tayyip Erdogan said he would "never" speak to "anyone" like Egyptian President Abdel Fattah al-Sisi.
  • But in November, Sisi and Erdogan shook hands in Qatar, in what the Egyptian presidency heralded as a new beginning in their ties.

UNSC unanimously adopts UAE, Japan resolutions on Afghanistan

NEW YORK, US - The United Nations Security Council Friday unanimously adopted two resolutions tabled by the UAE and Japan...
  • The first resolution will extend the mandate of the United Nations Assistance Mission in Afghanistan for an additional 12 months.
  • The second resolution requests that an independent assessment be carried out regarding the international approach to Afghanistan.

Xi Jinping to visit Russia next week, will discuss ‘strategic cooperation’

The two leaders "will discuss deepening the exhaustive partnership and strategic cooperation between Russia and China", including on the international...
  • Xi last visited Russia in 2019, though Putin attended the opening ceremony of the Winter Olympics in Beijing last year
  • The pair will talk about "strategic cooperation", according to a near-simultaneous statement from the Kremlin

Iran-US nuclear talks dead for now, says acclaimed scholar

The degree of anger and sympathy for the protesters, particularly among the American and European public, makes it near impossible...
  • Iran’s relations with the Arab countries are better than they were a year or two ago
  • Unsure of the US help, Gulf states are following their own strategy on managing danger in their region

Two decades after US invasion of Iraq, Senate votes to end war authorization

Since the beginning of his administration in 2021, President Joe Biden has urged Congress to revoke the 1991 and 2002...
  • In a procedural vote that came over a decade after the war's official end, senators from both parties strongly supported cancelling the 2002 Authorization for Use of Military Force
  • The same bill also revokes 1991 Authorization for Use of Military Force that empowered Bush's father president George HW Bush to attack Iraq after Saddam's forces invaded Kuwait

Israelis protesters return to streets as Netanyahu rejects reforms compromise

Demonstrators gathered in Jerusalem and the northern city of Haifa to denounce the overhaul that would, among other things, allow...
  • President Isaac Herzog presented a proposed compromise on the reforms, but the government immediately rejected it
  • Leaders of opposition parties said in a joint news conference on Thursday they supported Herzog's outline

UAE, Russia to enhance cooperation in economic, technology sectors

Moscow, Russia -  The UAE and Russia have agreed to enhance cooperation in the fields of innovation, environment, and education...
  • The two countries are also looking forward to enhancing cooperation in renewable energy and food security
  • Shifting of Russian oil trade away from the west has made the UAE the focus of Moscow's ongoing pivot to Asia

UAE pledges $3m for rebuilding Huwara raided by Israeli settlers

Thirty houses were burned and damaged, according to local officials, after dozens of Israeli settlers set them ablaze. Bezalel Smotrich,...
  • Last month, dozens of Israeli settlers violently attacked the Huwara town in occupied area of northern West Bank.
  • The occupied area of West Bank is under Israel's control since 1967 war, and around 2.9 million Palestinians live in the area.

Lebanon bank chief turns up for European probe into his wealth

Salameh had been summoned to appear on Wednesday but failed to show up, alleging that "the presence of international judges...
  • He faces allegations of crimes including embezzlement in separate probes in Lebanon and abroad. He rarely appeared before investigating judges, despite numerous complaints.
  • France, Germany and Luxembourg seized assets worth 120 million euros ($130 million) in March last year in a move linked to a French probe into Salameh's personal wealth.

No recent crossings of Lebanon-Israel border, say UN peacekeepers

BEIRUT, LEBANON - The UN peacekeeping force in Lebanon said Thursday it had not observed any border crossings after Israel said...
  • UNIFIL acts as a buffer between Lebanon and Israel, neighbors that remain technically at war and have no diplomatic relations.
  • United Nations Interim Force in Lebanon urged both sides to exercise restraint and use UNIFIL coordination mechanisms to "avoid misunderstandings".

Sweeping UN sanctions loom for Iran after nuclear talks fail

Sweeping UN sanctions loomed for Iran late Saturday for the first time in a decade, after last ditch nuclear talks...

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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...

Biden’s United States powerless as Israel pounds Lebanon

US President Joe Biden's top priorities for the past 11 months has been to prevent the Gaza war from spiraling...

Iran’s president calls Israel warmonger as he seeks talks with West

Iran's President Masoud Pezeshkian has accused Israel of seeking regional war, as he attempted to cast Tehran as restrained and...

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UN alarmed as Israeli strikes kill more than 180 people in Lebanon

Lebanon's health ministry said more than 700 were injured on Monday in the worst toll by far in nearly a...
  • Iran's foreign ministry warned Israel on Monday of "dangerous consequences" following deadly strikes in Lebanon
  • "We are extremely concerned, deeply worried about the escalation in Lebanon," says top UN official

Israel army tells Lebanese to ‘move away’ from Hezbollah sites

The Israeli military on Monday told people in Lebanon to move away from Hezbollah targets and vowed to carry out...
  • Israel and Hezbollah threatened on Sunday to escalate their cross-border attacks
  • Hezbollah deputy chief Naim Qassem said the group was in a "new phase" in its battle against Israel

United by innovation and progress: The enduring US-UAE partnership

‘’In close partnership, we are working to advance multilateral diplomatic solutions and provide urgently needed humanitarian assistance in Gaza and...
  • 'Our ongoing defense and counterterrorism cooperation makes our countries and the world more secure.'
  • 'US and UAE troops have stood shoulder to shoulder in six conflicts over the last 30 years;'