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.

UAE, France, India to join hands in energy, climate change sector

The United Arab Emirates, France and India have issued a joint statement announcing the establishment of a trilateral cooperation initiative...
  • The three countries affirmed that the trilateral initiative will serve to promote the design and execution of cooperation projects in various fields
  • The initiative will also serve as a platform to expand cooperation between the three countries’ development agencies on sustainable projects

Iraq is a key trade partner of Jordan, says Kingdom’s Commerce Chamber head

AMMAN, JORDAN - Chairman of the Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq said Iraq is an "important" trade...
  • Jordanian-Iraqi economic relations have witnessed development due to the joint trade agreements and projects signed between the two countries.
  • There is a need to increase joint trade exchange and overcome obstacles to entry of the two countries' products and commodities in both the countries markets.

UN chief calls for building alliance of peace on International Day of Human Fraternity

NEW YORK, US - On the occasion of the International Day of Human Fraternity, the UN chief Saturday called for...
  • The International Day of Human Fraternity celebrates values that hold our human family together, UN Secretary-General António Guterres said.
  • Let us all take inspiration and renew our commitment to stand together as one human family, the UN chief said.

UAE participates in G20’s sustainable finance working group meeting for 2023

ABU DHABI, UAE - The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20...
  • The meeting, held at Guwahati, India, sought to discuss and agree on the group’s main points for 2023 in line with the priorities of the Indian Presidency.
  • G20 members, invited countries, sustainable finance working group country members, international organization like IMF also attended the meeting.

US, western allies slam Iran’s response to UN nuclear watchdog report

Washington, United States--The United States issued a joint statement with France, the United Kingdom and Germany on Friday criticizing Iran's "inadequate"...
  • The UN nuclear watchdog issued a warning to Tehran on Wednesday after it found that changes had been made without prior notification at the Fordo Fuel Enrichment Plant
  • Iran said that an IAEA inspector had accidentally flagged the changes as being undeclared, and that the matter was later resolved

Hamas slams Sudan agreement to move ahead with Israel ties

During the three-decade rule of Islamist general Omar al-Bashir, Sudan was one of the staunchest supporters of Hamas and other...
  • Hamas called on the Sudanese leadership to backtrack on this decision that contradicts the interests of the brotherly people of Sudan and would only serve the Israeli agenda
  • On Thursday, during the first visit to Khartoum by an Israeli foreign minister, the two governments agreed to move forward with the normalisation process agreed in January 2021

UAE, France foreign ministers discuss strategic partnership

ABU DHABI, UAE - UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan received French...
  • The UAE and French ministers discussed bilateral relations and available opportunities for expanding cooperation between the two countries.
  • The two sides stressed their keenness to continue consultations and coordination on issues of mutual concern.

US, UAE officials discuss financial crimes

ABU DHABI, UAE - The US Department of the Treasury’s Under Secretary for Terrorism and Financial Intelligence Brian Nelson led...
  • Officials from both the countries reiterated their commitment to the continued dialogue between the two sides.
  • They agreed to exchange respective experiences on efforts pertaining to Virtual Assets and Virtual Asset Providers (VASPs), supervisory efforts.

Saudi Arabia, France ink MoU on energy cooperation

The MoU encourages cooperation between the two countries in the fields of electricity, renewable energy, energy efficiency, energy storage, smart...
  • The MoU encourages cooperation between the two countries in the fields of electricity, renewable energy, energy efficiency, energy storage, smart grids
  • It also promotes cooperation in digital transformation, localization of materials, products and services in the energy supply chain

Sudan, Israel agree to move forward with ‘normalisation’

Sudan in January 2021 formally agreed to normalize relations with Israel in a quid pro quo for the United States...
  • Sudan had for decades maintained a rigid anti-Israel stance under longtime autocratic president Omar al-Bashir, who was ousted in April 2019
  • Israeli Foreign Minister said he expects relations to be formalized by the end of 2023, but not before Sudan appoints a civilian government

Trump speaks with Xi, sees progress on TikTok, says will visit China early next year

US President Donald Trump hailed Friday what he called progress with Chinese President Xi Jinping including on selling blockbuster app...

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Bangladesh arrest total passes 2,500

What began as demonstrations against politicized admission quotas for sought-after government jobs snowballed into some of the country's worst unrest.

Defiant Netanyahu to face US Congress amid Biden’s withdrawal

US Secretary of State Antony Blinken, using an American football image, said Friday that negotiators were "inside the 10 yard...

The Biden bombshell: a plot twist that roils Trump too

With the Democrat no longer in the race, the Trump operation finds itself pushed into a strategic pivot, forced now...

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Defiant Biden vows to ‘win’ despite growing revolt

Around 25 House Democrats and three senators have now called on Biden to drop out since a disastrous debate performance...
  • Biden vowed to return to the campaign trail next week, and took aim at Donald Trump's "dark" speech accepting his nomination at the Republican National Convention on Thursday
  • Amid party defections, media speculation is mounting that Biden is using his weekend in Delaware to consult family members and mull over the path ahead

Yemen Houthis claim responsibility for drone attack on Tel Aviv

A statement from the rebels, who have carried out dozens of attacks against Red Sea shipping in what they say...
  • Israeli emergency services say the explosion left one person dead and up to 10 lightly injured
  • The US intercepted a ballistic missile and three drones launched by the Houthis at Israel on Friday night

Hezbollah vows to hit new Israeli targets if civilians killed

Since October, the cross-border violence has killed 511 people in Lebanon.
  • Hezbollah warned Israel of the consequences of any invasion of Lebanon
  • The Israeli military said that "operational plans for an offensive in Lebanon were approved and validated"