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.

Japan allots US$1.6bn to contentious Australia hydrogen project

In a statement, HESC said the project has entered its commercial demonstration phase with money from Japan's Green Innovation Fund,...
  • The Hydrogen Energy Supply Chain (HESC) project is a joint Japanese-Australian undertaking intended to produce plentiful and affordable fuel for Tokyo
  • Its backers argue it will create economic opportunity in Victoria, but NGO Environment Victoria has also warned about the HESC's CCS claims

Qatar appoints new PM, after resignation of Sheikh Khalid

Doha, Qatar-- Qatar's Prime Minister Sheikh Khalid bin Khalifa bin Abdul Aziz Al Thani has resigned from his job, according...
  • According to the state news agency, the emir has appointed Sheikh Mohammed Bin Abdul Rahman Al Thani in the post
  • The outgoing PM Sheikh Khalid was appointed to the office in January 2020, after having been head of the Amiri Diwan

Pentagon chief in Iraq, 20 years after US-led invasion toppled Saddam

Iraq has recently hosted a raft of foreign officials, including the Iranian, Russian and Saudi foreign ministers and UN chief...
  • His visit comes ahead of the March 20 anniversary of the ground invasion which ushered in two decades of bloodshed that Iraq is only now beginning to exit
  • "I'm here to reaffirm the US-Iraq strategic partnership as we move toward a more secure, stable and sovereign Iraq," Austin tweeted as he landed in Baghdad

World Bank pauses Tunisia program over president’s migrant remarks

In the message sent on Sunday evening, the bank's outgoing President David Malpass said Saied's tirade had triggered "racially motivated...
  • World Bank President David Malpass noted that measures announced by the Tunisian government to protect and support migrants and refugees marked a "positive step"
  • According to official figures, there are around 21,000 undocumented migrants from other parts of Africa in Tunisia, which is home to around 12 million people

UAE shares view at first G20 Culture Working Group meeting

ABU DHABI, UAE  - UAE Ministry of Culture and Youth (MCY) participated in the First G20 Culture Working Group (CWG)...
  • G20 members, invited countries and international organizations attended the meetings of the Culture Working Group.
  • The meeting discussed the challenges and opportunities in the cultural ecosystem on a global scale.

Turkey’s opposition scrambles to select consensus candidate

Analysts view the opposition's failure to put aside their differences just two months before the vote as one of the...
  • Tayyip Erdogan faces the fight of his political life in what many view as Turkey's most consequential election.
  • The 68-year-old leader will need to overcome the twin hurdles of an economic crisis and a devastating earthquake.

Saudi Arabia to deposit $5 bn in quake-hit Turkey’s central bank

Ahmed Al Khateeb, the Saudi tourism minister and board chairman of the Saudi Fund for Development, signed an agreement with...
  • The decision, which will shore up Turkey's foreign reserves and help it combat inflation, was made on the order of King Salman and Crown Prince Mohammed bin Salman.
  • Turkey was already suffering from skyrocketing inflation and a weakening currency before last month's massive 7.8-magnitude earthquake.

Severe punishment for people behind poisoning, says Iran

Iran's Supreme leader Ayatollah Ali Khamenei said those behind the poisoning of schoolgirls in recent months should face "severe punishment",...
  • Female pupils have reported suffering symptoms such as shortness of breath, nausea and vertigo after detecting "unpleasant" or "unknown" odors
  • Last week, deputy health minister Younes Panahi said that the suspected attacks were aimed at shutting down education for girls.

UNESCO chief in Iraq to visit war-battered cultural sites

UNESCO chief Audrey Azoulay was to visit reconstruction projects and meet top officials including Prime Minister Mohammed Shia al-Sudani and...
  • Audrey Azoulay will on Monday tour Iraq's national museum and the historic centre of Baghdad, including Al-Mutanabi streets, home to generations of booksellers
  • On Wednesday, he will head to Arbil, capital of the autonomous region of Kurdistan and home to an ancient citadel that is also a UNESCO World Heritage Site

Israeli Air Force reservists protest over legal reforms

Dozens of Israeli Air Force pilots have said they will boycott military training in protest at government legal reforms that...
  • Judicial reform is a cornerstone of Prime Minister Benjamin Netanyahu's extreme-right administration.
  • Netanyahu presents the overhaul as key to restoring balance between the branches of government in a system.

Palestinian leader to address UN as the US weighs whether to stop Israel’s Gaza annexation

Steve Witkoff, Trump's golfing friend turned roving global negotiator, said that Trump in a separate meeting with a group of...

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North Korea shows first photos of banned uranium enrichment site

North Korea for the first time showed images of the centrifuges that produce fuel for its nuclear bombs on Friday,...

US releases $1.3 billion in military aid to Egypt

The United States, Egypt and Qatar are parties to the negotiations for the release of the hostages held by Hamas...

EU’s top diplomat urges de-escalation at Lebanon-Israel border

As war has raged in the Gaza Strip following Hamas's October 7 attack on Israel, Lebanon's Hezbollah has traded near-daily...

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Israel strike on Lebanon kills Hezbollah commander

Mohammad Qassem al-Shaer, "a field commander" in the group's elite Radwan Force, "was targeted in an Israeli strike on a...
  • Hezbollah earlier announced Shaer had been killed by Israeli fire, but did not refer to him as a commander
  • The Israeli military said its air force had "eliminated the terrorist Mohammad Qassem al-Shaer" in the Bekaa Valley

Oil tanker ablaze off Yemen threatens environmental disaster

An abandoned tanker carrying more than one million barrels of crude oil could contaminate vast areas of the Red Sea...
  • Threatening an oil spill four times the size of the 1989 Exxon Valdez disaster off Alaska
  • An attempt by private companies to tow away the burning ship was abandoned because it was "not safe"

Gaza agency says Israeli strike kills 40 in humanitarian zone

Gaza civil defence official Mohammed Al-Mughair told AFP early Tuesday that "40 martyrs and 60 injured were recovered and transferred"...
  • The strike hit Al-Mawasi - in Gaza's main southern city of Khan Yunis - which was designated a safe zone by the Israeli military early in the war
  • Israel's military has occasionally carried out operations in and around the area, including a strike in July that it said killed Hamas military chief Mohammed Deif