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.

FNC Speaker, Canadian Senate Speaker discuss strengthening parliamentary ties

ABU DHABI,  UAE - Speaker of the UAE Federal National Council Saqr Ghobash received the visiting Speaker of the Senate...
  • UAE and Canada discussed the development and activation of parliamentary diplomacy between the two countries.
  • The meeting touched on the latest developments in the region and efforts aimed at confronting terrorism and extremism.

How does aid get into rebel-held northwest Syria?

More than four million people live in areas outside government control in Syria's north and northwest, 90 per cent of...
  • The UN largely delivers relief to Syria's northwest via neighbouring Turkey through the Bab al-Hawa crossing
  • On February 13, the United Nations said Damascus had allowed it to use Bab al-Salama and Al-Rai crossings for three months

Jordan, Algeria discuss closer economic cooperation

AMMAN, JORDAN - A Jordanian ministerial delegation met with a number of Algerian ministers in the North African country on...
  • Jordan and Algeria reached an agreement on a roadmap to advance economic, trade, and investment cooperation for the years 2023–2025.
  • The road map highlights key cooperation projects with the objective of expanding trade exchanges, inter-investment volume.

UN Security Council condemns Israeli settlements, terming them as obstacle to peace

The council stressed that the continuation of Israeli settlement activity endangers the principle of the two-state solution.
  • The council stressed that the continuation of Israeli settlement activity endangers the principle of the two-state solution
  • It reaffirmed its firm commitment to the vision of a two-state solution, in accordance with international law and relevant UN resolutions

Syria’s Assad visits Oman after quake, in first since war

Sultan Haitham and Assad "held official talks" at the royal palace in Muscat, Oman's foreign ministry said in a statement....
  • The one-day trip to meet with Sultan Haitham bin Tareq came two weeks after a 7.8-magnitude earthquake struck southeastern Turkey and northern Syria
  • The February 6 quake sparked Arab outreach to the internationally-isolated Assad government, which was expelled from the Arab League after war broke out in 2011

Netanyahu will safeguard ties with UAE, KSA despite pressure from far-right allies: Israel’s ex-minister

However, economic and people-to-people ties between Israel and its Abraham Accords partners will be affected due to the hard right...
  • However, economic and people-to-people ties between Israel and its Abraham Accords partners will be affected due to the hard right nature of Israel’s coalition, says Esawi Frej
  • Netanyahu’s trumpeting of a possible Israeli breakthrough with Saudi Arabia is unfounded, adds Israel’s former minister for regional cooperation

Iran denies enriching uranium above 60 percent

Iran denied reports it has enriched uranium up to 84 percent, just below the 90 percent needed to produce an...
  • The IAEA is "giving Iran the opportunity to explain because it's apparently possible that there can be so-called 'spikes' of higher levels of enrichment".
  • Uranium enriched up to 90 percent purity is considered nuclear weapons-grade.

Algeria allocates $1 billion for development projects in Africa

The decision of the Algerian President was announced in a speech read by Prime Minister Aimene Benabderrahmane at the annual...
  • Tebboune said the agency's approach was based on Algeria's conviction that "security and stability in Africa are linked to development
  • Algerian Agency of International Cooperation for Solidarity and Development would coordinate with African nations seeking to benefit from the initiative

G42 signs on as strategic partner for IDC at NAVDEX 2023

Abu Dhabi, UAE--G42 and its subsidiaries Bayanat, Presight.AI and G42 Cloud have announced their participation as a strategic partner at...
  • The conference will serve as a global platform for decision-makers and the defence sector to highlight technologies and challenges
  • This year will mark the 30th anniversary of IDEX and the 12th anniversary of NAVDEX, where the exhibitions will form the biggest events of their kind in the region

IAEA in talks with Iran after reported nuclear step-up

Iran was last known to enrich up to 60 percent, while a 90-percent threshold is required for use in a...
  • IAEA said that it was discussing with Iran the results of recent agency verification activities and will inform the IAEA Board of Governors as appropriate
  • Iran started stepping up its nuclear activities in 2019, a year after the US under then president Donald Trump pulled out of the landmark deal and reinstated sanctions

Israel’s Netanyahu says peace with Lebanon and Syria possible

Prime Minister Benjamin Netanyahu said Sunday that Israel's war with Lebanese militant group Hezbollah had created the possibility for peace...

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Qatar to host high-stakes Gaza ceasefire talks

US Secretary of State Antony Blinken told several Middle Eastern counterparts in recent days that "this ceasefire deal is of...

In Beirut, US envoy says ‘no more time to waste’ on Gaza ceasefire

US envoy Amos Hochstein's Lebanon trip comes a day before ceasefire negotiations between Hamas and Israel are set to resume

Explosions reported near two ships off Yemen

Two ships reported nearby explosions on Tuesday off the coast of Yemen, maritime security agencies said, though neither event resulted...

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Fitch lowers Israel’s credit rating amid economic strain from Gaza conflict

San Francisco, United States - US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing conflict...
  • Fitch said that the conflict continuing into next year would force Israel to continue its high spending on military
  • Israel has also exchanged near-daily cross-border fire with Hezbollah in Lebanon, forcing Israelis to be evacuated from the northern border region

West tells Iran to ‘stand down’ Israel attack threats; Tehran says ‘no way’

With tensions soaring in the Middle East, the United States says that Iran along with its proxies might attack Israel...
  • Iran and its Lebanese ally Hezbollah have vowed revenge for the killings of Ismail Haniyeh and Fuad Shukr
  • The White House warned that a "significant set of attacks" by Iran and its proxies was possible as soon as this week

Yunus says Bangladesh is experiencing a ‘student-led revolution’

Hasina fled by helicopter as protesters flooded Dhaka's streets in a dramatic end to her long rule. Her government was...
  • "This is a revolution, a student-led revolution," new interim leader Muhammad Yunus said
  • Yunus, 84, arrived back in Bangladesh from Europe on Thursday