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,...

UAE minister meets UN Secretary-General on global climate action

NEW YORK, US -  Minister of Industry and Advanced Technology and COP28 President-Designate Dr. Sultan bin Ahmed Al Jaber met...
  • The minister outlined the UAE’s key COP28 priorities across mitigation, adaptation, loss and damage, climate finance and process innovation.
  • The UAE and UN discussed the urgent need to close the financing gap and to keep alive the goal of limiting global warming to 1.5ºC.

Over 1,000 migrants brought safely to Italian ports

ROME, ITALY - Over 1,000 migrants were brought to safety at two Italian ports on Saturday after the overcrowded boats...
  • The shipwreck occurred of the Calabria shore on 26 Feb and Italian prime minister was criticized for being unable to save the boat
  • The incident pushed prime minister into announcing a decree which has provisions of stiffer prison terms for human traffickers

Two policemen killed in Iran,  says state media

TEHRAN, IRAN - Gunmen ambushed and killed two Iranian policemen on patrol in the restive southeastern province of Sistan-Baluchistan, state media...
  • The officers had been "on a mission to provide security" during Friday prayers in the town of Golshan when they came under attack.
  • Sistan-Baluchistan province, on Iran's border with Afghanistan and Pakistan, has been the scene of weekly protests that flared in September 2022.

Li Qiang confirmed as China’s premier by parliament

Li Qiang, one of Chinese President Xi Jinping's trusted allies, was confirmed as premier, as Xi cements his influence on...
  • Li Qiang received nearly every vote from the over 2,900 delegates at the National People's Congress.
  • Journalists were asked to leave the chamber as deputies, mostly dressed in dark suits, marked their ballots.

Tunisia’s Saied plans to restore ties with Syria

Tunisia expelled Syria's ambassador in 2012 over the bloody repression of opponents of President Bashar al-Assad at the outset of...
  • "Nothing can justify the absence of a Tunisian ambassador in Damascus and an ambassador from Syria in Tunis," Saied said
  • Saied had mentioned his intention to "reinforce the diplomatic representation" of Tunisia in Syria back in February

Does Saudi-Iran deal undercut goals of Pentagon’s chief’s Middle East visit?

Surprise Saudi-Iran detente, midwifed by China, has gone against the drift of Austin’s visit to the Middle East which was...
  • Austin visited Jordan, Iraq, Egypt and Israel to shore up US standing and support in view of the growing China-Russia interest and outreach to the Gulf states
  • But the surprise Saudi-Iran detente has gone against the drift of his visit largely premised on an abiding antagonism between the two countries

Tunisian coast guard rescues 1,008 Africans headed for Europe

Tunis, Tunisia--More than 1,000 Africans trying to reach Europe have been rescued in a single night off Tunisia, the coast guard...
  • According to Tunisia's coast guard, more than 1,000 migrants have been rescued off the coast, some 80 miles from Italy
  • Most of them were from sub-Saharan Africa but it included more than 50 Tunisians too, said the coast guard

Yemen’s opposing sides to hold talks in Geneva over prisoner swap

Negotiations overseen in Switzerland by the UN and the International Committee of the Red Cross will see Yemen's warring parties...
  • One of the Houthi delegates to the Geneva talks in a Twitter post on Thursday said that he hoped the negotiations would yield concrete results
  • According to the ICRC, the last major prisoner swap happened in October 2020 when a total of 1,056 prisoners were set free by both sides

Turkey poll on May 14: Erdogan vows to heal quake-stricken nation

Erdogan banned music from his campaign as he signed a decree on national television that kics off campaigning for what...
  • Voters face a choice between keeping Erdogan's Islamic-rooted party in power until 2028 or handing the reins back to the main secular party of Turkey's founder Kemal Ataturk.
  • Erdogan's political opponents have formed the type of broad-tent coalition that Erdogan himself relied on to win more than a dozen elections over his career.

COP28 President Designate meets with key US government officials

WASHINGTON DC, US -  UAE Minister of Industry and Advanced Technology and COP28 President Designate Dr. Sultan bin Ahmed Al...
  • The UAE minister discussed multilateral development bank reform as weel as an update on recent US climate policy action.
  • They discussed the need to invest in global clean energy supply chains, and the role of the US-UAE Partnership for Accelerating Clean Energy.

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,...

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Lebanon device blasts: what we know about deadly attacks

Hundreds of pagers and walkie-talkies used by Hezbollah exploded across Lebanon in unprecedented attacks this week, killing 37 people and...

Latest batch of device explosions in Lebanon stoking fears of a full-blown war with Israel

A second deadly wave of unprecedented explosions in the strongholds of Lebanon's Hezbollah left it in disarray on Thursday, hours...

Lebanon under attack. Fears of all-out war. 20 killed, 450 injured. Israel blamed and flayed.

A second wave of device explosions killed 20 people and wounded more than 450 in Lebanon on Wednesday, officials said,...

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Israel infiltration in Hezbollah supply chain likely behind pager explosions; 9 dead, 2,800 injured

Lebanon's health minister said nine people were killed and some 2,800 wounded Tuesday when pagers used by Hezbollah members exploded...
  • In neighboring Syria, 14 people were wounded "after pagers used by Hezbollah exploded
  • The blasts "killed nine people, including a girl", minister Firass Abiad said in a casualty update

Israel PM adds war goal of allowing northern residents to return home

Israel's Prime Minister Benjamin Netanyahu on Tuesday expanded the country's goals for the war in Gaza, vowing to allow Israelis...
  • Along Israel's northern border with Lebanon, Hezbollah claimed "dozens" of attacks on Israeli positions on Monday
  • On Tuesday, UN member states will debate a draft resolution demanding an end to the Israeli occupation of all Palestinian territories within 12 months

Israel faces risks of global isolation and losing UN membership over Gaza genocide, say UN experts

Experts from the United Nations have warned that Israel might become a pariah state, and its UN membership is under...
  • UN experts slammed Western countries for their "double standards" regarding Israel
  • "We are blowing up the United Nations if we don't react," warns a UN expert as Israel repeatedly disregards UN observations