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.

After attack from settlers, envoy urges Security Council to protect Palestinians

The Security Council has an obligation to find ways to "provide protection" for Palestinian civilians, the Palestinian ambassador to the...
  • Mansour said it would have been helpful for Security Council representatives to visit Huwara so they could "see with their own eyes (and) feel the horror in the minds."
  • Last week, for the first time in six years, the Security Council denounced the building of Israeli settlements in the Palestinian territories, in a statement approved by the US

Saudi foreign minister reviews regional issues with GCC Secretary General

During the meeting, the two discussed strengthening the process of joint GCC action and reviewed GCC issues of common concern.
  • During the meeting, the two discussed strengthening the process of joint GCC action and reviewed GCC issues of common concern
  • Earlier on Monday, Al-Budaiwi held talks with Russian Ambassador to Saudi Arabia Sergey Kozlov in Saudi capital

Libya parliament denounces ‘errors’ in UN envoy’s report

The form and rules around elections have been key sticking points in Libya's faltering peace process since the last major...
  • In a statement on Tuesday, the office of parliament chief Aguila Saleh voiced "surprise at the errors in the briefing over the failure of parliament
  • Polls in Libya had been set for December 2021 but were postponed indefinitely amid bitter divisions over who could stand and what powers the president would have

UN chief lands in Iraq for first time in six years to show solidarity

In a show of solidarity with Iraq, UN head Antonio Guterres arrived in the country for the first time in...
  • Guterres said he wanted to demonstrate "solidarity with the people and the democratic institutions of Iraq."
  • He will then travel on to Qatar, where he will attend the summit of the Least Developed Countries

Revised death toll in Turkey and Syria earthquake more than 50,000

A total of 5,951 people were killed across Syria, while Turkey recorded 44,374 deaths after the February 6 earthquake. The...
  • The Syrian government said 1,414 people had been killed in areas under its control, while Turkish-backed officials in Syria put the toll at 4,537 throughout rebel-held areas.
  • The Syrian Observatory for Human Rights war monitor had reported 2,243 people killed in government-held areas -- recording 824 more deaths than the official toll.

US federal agencies given 30-day deadline to enforce TikTok ban

Office of Management and Budget director Shalanda Young in a memorandum called on government agencies within 30 days to "remove...
  • The ban does not apply to businesses in the United States not associated with the federal government, or to the millions of private citizens who use the hugely popular app.
  • However, a recently introduced bill in Congress would "effectively ban TikTok" in this country, according to the American Civil Liberties Union (ACLU).

Dozens of Iran girls hospitalized due to poisoning

TEHRAN, IRAN - Dozens of schoolgirls in Iran were hospitalized on Tuesday after a mysterious poisoning, an Iranian news agency reported,...
  • Hundreds of cases of respiratory distress have been reported in the past three months among Iranian schoolgirls
  • A government official said on Sunday that the attacks were believed to be a deliberate attempt to force the closure of girls' schools

UN envoy to Libya to launch initiative for holding elections this year

Elections were originally scheduled for December 2021, but were postponed indefinitely because of differences over controversial candidates and rules on...
  • Abdoulaye Bitali told the UN Security Council he would launch an initiative "aimed at enabling the organization and holding of presidential and legislative elections in 2023"
  • The UN envoy is planning to establish a high-level steering panel which would be responsible for facilitating the legal framework and time-bound roadmap for elections

Palestinians reel from Israeli reprisals in West Bank

Dozens of Israeli settlers set homes and cars ablaze in the northern town of Huwara overnight Sunday, after a day...
  • The surge in fire continued late Monday when a gunfire killed an American Israeli near Jericho
  • Wageh Odeh, a member of the town council, said 30 house of Palestinians were burnt by Israeli settlers with more than 100 cars torched

Algeria and Russia aim to boost military ties

The head of Algeria's army hosted Russia's top security official on Monday to discuss boosting their military ties, the defence...
  • Moscow has for decades been a major supplier of arms to Algeria, which has one of Africa's most powerful armies
  • Algeria, a major gas supplier to energy-hungry Europe, has maintained warm ties with both its European neighbours and Moscow

‘The time for peace has come:’ Macron recognizes Palestinian state at landmark UN summit

Israeli Prime Minister Benjamin Netanyahu has vowed not to allow a Palestinian state and far-right members of his cabinet have...

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Yemen’s Houthis blew up stranded oil tanker: video

Rebel chief Abdul Malik al-Houthi on Thursday said his forces had "stormed" the tanker earlier this week. He added in...

Yemen’s Houthis agree to temporary truce to secure stranded oil tanker

The vessel had departed from Iraq and was destined for a port near Athens, carrying 150,000 metric tons of crude...

Turkey, Azerbaijan hope for ‘lasting peace’ in South Caucasus

Years of diplomacy between the Caucasus rivals Azerbaijan and Armenia had failed to reach a breakthrough, but negotiations have resumed...

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Egypt says will not accept Israeli force on its Gaza border: state-linked media

Cairo, a key mediator in efforts to secure a ceasefire between Israel and Hamas in Gaza, "reiterated to all parties...
  • A key sticking point in the ceasefire talks have been calls for Israel to withdraw its forces from the border area, including the Rafah crossing
  • Israeli forces seized the Palestinian side of the Rafah crossing in early May, a move that has cut off a crucial aid route and drawn repeated condemnation from Egypt

Israel strikes Lebanon, says thwarted large-scale Hizbollah attack

The result was perhaps the biggest exchange of fire in 10 months of a war which began with a Hamas...
  • Hizbollah, the powerful Iran-backed Lebanese armed group, denied that thousands of launchers had been destroyed or that Israel had thwarted a larger attack
  • Israeli Prime Minister Benjamin Netanyahu told his cabinet the strikes were "not the final word" in the campaign against Hizbollah

Israeli defence minister declares 48-hour state of emergency

"The declaration on the state of emergency enables the IDF (Israeli military) to issue instructions to the citizens of Israel,...
  • "I hereby declare a special situation on the home front in other areas of the country. The situation is valid for 48 hours starting at 6:00 am," Gallant said
  • In a separate statement, the defence ministry said Gallant briefed US Secretary of Defence Lloyd Austin on the overall situation