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.

OIC holds meeting on escalating Israeli aggression against the Palestinians

The meeting will deliberate on the current situation in occupied Palestinian territories, especially killings of 11 Palestinian citizens in Nablus.
  • The meeting will deliberate on the current situation in occupied Palestinian territories, especially killings of 11 Palestinian citizens in Nablus
  • According to the OIC statement, the meeting will urge the international community to provide the necessary international protection for the Palestinian people

WHO seeks $392m for Yemen before donor meet

The World Health Organization on Sunday appealed for $392 million ahead of a UN-led donor conference in Geneva to avert...
  • The UN estimates that 21.6 million people –- two-thirds of Yemen's population –- will require humanitarian aid and protection services in 2023
  • Huthi rebels seized the capital Sanaa in 2014, prompting a Saudi-led coalition to intervene the following year to prop up the internationally recognised government

Egypt’s FM to visit Syria and Turkey to show ‘solidarity’

For the first time in a decade, Egypt's Foreign Minister Sameh Shoukry will visit Syria and Turkey to show ""solidarity...
  • While Cairo and Damascus have largely maintained relations during the conflict, the Cairo-based Arab League suspended Syria in 2011
  • Sisi and Erdogan shook hands in Qatar in November, in what the Egyptian presidency heralded as a new beginning in their ties

Jordan Senate Chairman, French senate vice-president discuss bilateral ties

AMMAN, JORDAN -  Chairman of the Jordan Senate's Committee for Arab, International Affairs and Expatriates Hani Mulki, on Sunday discussed...
  • The two leaders also discussed political changes in the surrounding countries following Arab Spring.
  • The French leader said her country is looking forward to strengthening relations and partnerships.

At Jordan talks, Israel and Palestinians vow to prevent escalation

Jordanian state broadcaster Al-Mamlaka said the meeting, which kicked off in the Red Sea resort of Aqaba, was "the first...
  • The meeting comes amid international concerns over intensifying unrest between Israel and the Palestinians.
  • A Jordanian government official told that the meeting aimed at "building trust" between Israel and the Palestinians.

Swiss banks hold cash ’embezzled’ by Lebanese central bank chief: Report

Lebanese central bank chief Riad Salameh is accused of embezzling millions of dollars. He faces faces investigations related to suspicions...
  • A Lebanese judge on Thursday filed new charges against Salameh, his brother Raja and his former assistant Marianne Hoayek for embezzlement of public funds and money laundering.
  • Twelve Swiss banks have received a large part of the money he is alleged to have embezzled, estimated at up to $500 million, SonntagsZeitung reported on Sunday.

Iran sets free Spanish woman in custody since November

Madrid, Spain - Iran has released a Spanish woman who had been detained in the country since November, Spain's foreign minister...
  • Ana Baneira, was 24 years old when she was arrested, the US-based Human Rights Activists News Agency (HRANA) revealed at the time.
  • The circumstances of her detention were never confirmed by Iranian authorities, however it took place as the country was rocked by protests.

Iraq’s Tigris, Euphrates rivers plummet as water crisis looms

NASIRIYAH, IRAQ - Iraq's Tigris and Euphrates rivers have witnessed a sharp decrease in their levels in the south of the...
  • In Nasiriyah, capital of the southern province of Dhi Qar, an AFP photographer saw the river bed of the mighty Euphrates dry in patches.
  • The water ministry blamed the situation in some southern provinces on "the low quantity of water reaching Iraq from neighboring Turkey".

NATO taking part in war by arming Ukraine, says Putin

Putin was speaking on the sidelines of a patriotic concert in Moscow on Thursday on the eve of the first...
  • "They are sending tens of billions of dollars in weapons to Ukraine. This really is participation," Putin said.
  • He said Western countries had "a single aim -- to break up the former Soviet Union and its main part --the Russian federation".

Excess, storage issues behind food waste in GCC

Globally, around 14 percent of food produced is lost between harvest and retail, while an estimated 17 percent of total...
  • When food is lost or wasted, all the resources that were used to produce this food - including water, land, energy, labor and capital - go to waste.
  • The UN says the disposal of food loss and waste in landfills, leads to greenhouse gas emissions, contributing to climate change.

Nvidia to invest up to $100 bn in OpenAI data centers

San Francisco, United States - Nvidia said Monday it will invest up to $100 billion in OpenAI, building infrastructure for...

Company News

Latest News

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,...

Harris bats for nuance on Gaza, Palestinians’ right to ‘freedom, self-determination’

Harris also pledged to "always stand up for Israel's right to defend itself." Some pro-Palestinian activists, who rallied on the...

The Gaza mothers separated from their newborns by war

Jerusalem, Undefined - As their first birthday approaches, the triplets Gaza-native Hanane Bayouk gave birth to in Jerusalem before the war...

Most Read

Israel kills top Palestinian militant as Gaza truce talks stumble

The Israeli military killed a senior Palestinian militant in Lebanon on Wednesday, leading to accusations from the Fatah movement that...
  • The strike killed Khalil Maqdah, described by Fatah as "one of the leaders"
  • Israeli bombardment elsewhere in Gaza killed at least 24 people on Wednesday

Iran probe finds Raisi helicopter crash caused by weather: media

Iran's army in May similarly said it had found no evidence of criminal activity in the crash that also killed...
  • The helicopter carrying 63-year-old Raisi crashed on a fog-shrouded mountainside in northern Iran, killing the president and seven others, and triggering snap elections
  • Fars news agency, quoting an informed security source with knowledge of the conclusions of the probe, said overloading was also behind crash

Blinken presses Hamas to back Gaza truce but sees gaps with Israel

Doha, Qatar - Top US diplomat Antony Blinken appealed Tuesday to Hamas urgently to accept a ceasefire plan to ease suffering...
  • The US secretary of state closed his ninth wartime trip to the region in which he warned that the US-backed truce proposal may be the "last chance" to broker an end the conflict
  • The United States last week presented ideas to bridge gaps and, through Qatar and Egypt, has pressed heavily on Hamas to accept and return to talks this week in Cairo