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.

In Turkey families race against time to identify quake victims

Monday's 7.8-magnitude tremor struck Kahramanmaras in the country's southeast, unleashing catastrophe in the region and Syria, killing at least 28,000...
  • Families -- who cannot reach their loved ones during the rescue work -- check one by one bodies either in bags or wrapped in blankets.
  • Turkish Health Minister said on Friday he hoped the missing bodies would be identified and said the government was doing everything it could

UN relief chief fears Turkey-Syria quake deaths to top 50,000

UN relief chief Martin Griffiths said the death toll from the massive earthquake will "double or more" from its current...
  • Officials and medics said 24,617 people were killed in Turkey and 3,574 in Syria. The confirmed total now stands at 28,191
  • Turkey's disaster agency said more than 32,000 people from Turkish organizations are working on search-and-rescue efforts

Thousands protest in Israel against PM Netanyahu’s reforms

Opposing the controversial legal reforms being pushed by Prime Minister Benjamin Netanyahu's right-wing governemnt, thousands of Israeli protested in central...
  • Netanyahu returned to power following elections in November, at the head of a coalition with extreme-right and ultra-Orthodox Jewish parties
  • A Palestinian was shot dead on Saturday during a clash with Jewish settlers in the occupied West Bank, south of Nablus

UN urges ‘immediate ceasefire’ in Syria to help quake aid

The call came as rescue workers continued their search for survivors in the rubble of the 7.8 magnitude quake that...
  • At the session, the council will hear from UN Under-Secretary-General for Humanitarian Affairs Martin Griffiths, who is to visit Turkey and Syria this weekend
  • The rebel-held areas of Syria near Turkey's border are in a particularly dire situation since they cannot receive aid from government-held parts of Syria

UN estimates 5.3 million people in Syria homeless after quake

The earthquake is estimated to have made some 5.3 million people in Syria homeless, which rocked the region this week,...
  • Nearly 23,000 people have died across Turkey and Syria because of the quake, one of the worst disasters to hit the region
  • The quake killed more than 3,300 in Syria, according to health ministry figures and a rescue group

IEA calls special meeting as gas crisis ‘not over’

IEA Executive Director Fatih Birol said the measures taken following Russia's invasion of Ukraine helped European nations whether Russia cutting...
  • The meeting, to be held on Wednesday by video conference, is the first such special IEA ministerial meeting recent history
  • It will also include ministers from several non-IEA member nations and will look at the global repercussions of the cuts to European gas supplies

Iranians celebrate 44th anniversary of Islamic revolution

this year, many flag-waving people travelled on foot to converge on the capital's iconic Azadi (Freedom) Square, despite chilly temperatures....
  • State television said the celebrations were held in 1,400 cities and towns across the country, airing footage of large rallies in Isfahan, Mashhad, Shiraz, and Tabriz
  • For the past two years, the 1979 overthrow of the Western-backed Shah was commemorated mainly in vehicles and on motorcycles due to Covid restrictions

UAE and Japan to boost collaboration in skill development

The two sides reaffirmed their keenness to advance bilateral cooperation in the fields of human resources and skill development.
  • The two sides reaffirmed their keenness to advance bilateral cooperation in the fields of human resources.
  • The meeting also reviewed the legislation and procedures regulating the UAE labor market.

Children found alive as Turkey-Syria quake toll tops 22,000

In the Turkish city of Kahramanmaras, one of those hit hardest, the stench of death clung to the air. But...
  • In the 105th hour, rescuers pulled 18-month-old Yusuf Huseyin from the debris in the southeastern city of Antakya.
  • UN Secretary-General Antonio Guterres urged the Security Council to authorize the opening of new cross-border humanitarian aid points between Turkey and Syria.

Russia to slash oil output by 5% over Western price cap

Russia is part of an alliance with OPEC that meets regularly to decide on oil output levels. As a result...
  • The international benchmark, Brent North Sea crude, leapt 2.3 percent to $86.48 per barrel. New York contract WTI soared 2.5 percent to $80.01.
  • "Russia will voluntarily reduce production by 500,000 barrels per day in March. This will help restore market relations," Deputy PM Alexander Novak said.

Floating wind power sets sail in Japan’s energy shift

Still heavily reliant on imported fossil fuels, Japan has declared offshore wind energy a "trump card" in its drive to...

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Killing of the Palestinian movement’s chief Ismail Haniyeh “will not go unanswered”- Hamas

Palestinian president Mahmud Abbas said Wednesday the killing of Hamas chief Ismail Haniyeh was a "cowardly act" and urged Palestinians...

Hamas chief Ismail Haniyeh killed in Tehran: Iran’s Revolutionary Guards

"The residence of Ismail Haniyeh, head of the political office of Hamas Islamic Resistance, was hit in Tehran, and as...

Israel says ‘eliminated’ Hizbollah commander Fuad Shukr in Beirut strike

"Fuad Shukr was the commander responsible for the Majdal Shams massacre, in which 12 children were murdered after Hizbollah fired...

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Hamas says Netanyahu ‘stalling’ ceasefire deal with new terms

A source with knowledge of the talks said last week that Israel's return with extra demands was "a recurring theme"...
  • The statement came after Egyptian, Qatari and US mediators met with Israeli negotiators in Rome on Sunday as international pressure for a ceasefire grows
  • US President Joe Biden outlined in late May what he called an Israeli initiative for a truce and hostage release deal, and this has become the basis for subsequent talks

Iran’s Khamenei formally grants Pezeshkian presidential powers

In a message read by the director of Khamenei's office, he said: "I endorse the vote (for) the wise, honest,...
  • The endorsement ceremony was held in the capital Tehran in the presence of senior Iranian officials and foreign diplomats, and broadcast on state TV
  • Following the event, acting president Mohammad Mokhber handed over official responsibilities to 69-year-old Pezeshkian

Israel vows retaliation after rocket kills 12 youths in occupied Golan Heights area

Israel's security cabinet on Sunday authorized Prime Minister Benjamin Netanyahu's government to decide on the "manner and timing" of a...
  • Israel's military said Hezbollah fired the rocket from Lebanon, hitting a football pitch in the Druze town of Majdal Shams and killing the youngsters, between 10 and 20 years
  • Hezbollah strongly denies involvement while the US and Israel pinned blame on Hezbollah. EU is pitching for an independent investigation into the incident