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.

Iran warns of ‘reciprocal’ action after EU labels Guards terror group

Members of the European Parliament voted on Wednesday to include the Guards on the 27-nation bloc's terror list in "light...
  • Iran's parliament speaker Mohammad Bagher Ghalibaf said that parliament would "recognize the armies of the European countries... as terrorist groups".
  • The Guards, formed shortly after the 1979 Islamic Revolution, answer to Iran's supreme leader Ayatollah Ali Khamenei and boast their own ground, naval and air forces.

King Charles III coronation to be a star-studded event

The coronation traditionally takes place some months after a new sovereign has ascended to the throne, following a period of...
  • The palace said the three days of ceremonial, celebratory and community events in early May will be a chance for "people to come together in celebration of the historic occasion"
  • Several thousand pairs of tickets will be made available through a public ballot, while volunteers from charities supported by Charles and Camilla will also be able to attend

Sweden’s NATO bid hits roadblock as row heats up with Turkey

President Recep Tayyip Erdogan's objections to Sweden's NATO membership rest largely on Stockholm's refusal to extradite Turkish nationals Ankara wants...
  • Erdogan wants more action from Stockholm against the Kurdistan Workers' Party, listed as a terror group by Turkey and its Western allies
  • Earlier this month, Ankara called in Sweden's ambassador after pro-Kurdish activists hung an effigy of Erdogan from its feet, comparing him to Benito Mussolini

Former PM Yair Lapid joins mass rally against Israel govt

The demonstration was the largest so far since Lapid's successor Benjamin Netanyahu returned to power last month at the head...
  • The Tel Aviv demonstration also drew opponents to Israel's occupation of the Palestinian territories, as many ministers are ardent supporters of settlement expansion
  • Judicial revamp has been met with rare public criticism from Supreme Court president Esther Hayut, who branded it an "unbridled attack" earlier this month

Egypt sets free businessmen detained on terrorism charges

Authorities in Egypt released two noted businessmaen after some two years in pretrial detention on terrorism-related charges, according to the...
  • Safwan Thabet was arrested in December 2020 and charged with joining and financing the banned Muslim Brotherhood, branded a terror group in 2013
  • Egypt released hundreds of political prisoners last year, though rights groups estimate some 60,000 remain in detention,

Iraq finalizes fresh air deals with Gulf countries

BAGHDAD, IRAQ - The Civil Aviation Authority announced the work to conclude new air agreements with the Gulf states. A spokesman...
  • A spokesman for the Civil Aviation Authority said We have agreements with all Gulf countries and all Gulf national carriers that land in Iraqi airports
  • He added that in the future, there may be air agreements with Kuwait as well.

Israeli civilian kills a Palestinian in West Bank, says army

An Israeli civilian shot dead a Palestinian at a settler farm in the occupied West Bank after an attempted stabbing,...
  • Violence this month adds to a toll which saw more than 150 Palestinians killed in the West Bank last year
  • At least 26 Israelis and 200 Palestinians were killed across Israel and the Palestinian territories in 2022

Qatar Chamber discusses investment with Cuban delegation

DOHA, QATAR -  Qatar Chamber First Vice-Chairman Mohamed bin Ahmed bin Twar Al Kuwari met with President of the Republic...
  • The meeting touched on economic and commercial relations between Qatar and Cuba.
  • The Qaraei delegation also discussed the business opportunities offered by the Cuban side in the sector of water resources.

Turkey cancels Swedish defense minister’s visit over planned protest

Istanbul, Turkey--Turkey said on Saturday that it had called off a visit by Sweden's defense minister over a planned anti-Turkey...
  • The visit was aimed at overcoming Ankara's objections to Sweden's bid to join the NATO military alliance
  • Turkey says any progress depends on Swedish steps to extradite people it accuses of terrorism or of having played a part in the 2016 coup attempt against Erdogan

Palestine  welcomes Saudi Arabia’s support for Palestinian cause

In a statement, Palestinian foreign ministry acknowledged the full Saudi support for the right of the Palestinian people in determining...
  • In a statement, Palestinian foreign ministry acknowledged the full Saudi support for the right of the Palestinian people in determining their own destiny
  • Earlier on Friday, Saudi Arabia said it will not normalize ties with Israel in the absence of a two-state solution with the Palestinians

UN investigators: Israel committing genocide in Gaza to ‘destroy the Palestinians’

This is the first time a UN-mandated investigative body has concluded the country is committing genocide and it might prompt...

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Fighting rages in Gaza City’s Shujaiya for fourth day

A Hamas official in Lebanon, Osama Hamdan, confirmed that the Islamist movement had received the latest proposal but said it...

Hamas official says ‘nothing new’ in US Gaza proposals

Hamas insists on a permanent ceasefire and a complete withdrawal of Israeli forces from the Gaza Strip. Hamdan said the...

Reformist hopes for breakthrough as Iran goes to polls

Tehran, Iran - Iranians voted in a presidential election on Friday marked by a lone reformist's bid to break through against...

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Battles in Gaza’s Rafah as US warns Israel over Lebanon

Top Israeli officials have suggested they are open to a diplomatic resolution of the border tensions, though Gallant said Israel...
  • "Another war between Israel and Hezbollah could easily become a regional war," US Defense Secretary warned
  • "Diplomacy is by far the best way to prevent more escalation," Austin added

Iran picks new president at turbulent time

Iranians vote on Friday to elect a new president from six candidates, including a lone reformist who hopes he can...
  • In the 2021 election that brought Raisi to power, voters shunned the polls
  • Six candidates, five conservatives and one reformist, are competing in Iran's presidential election

WikiLeaks founder Assange freed in US plea deal

Assange had been detained in the high-security Belmarsh prison in London since April 2019. He was arrested after spending seven...
  • Assange, who from 2010 published hundreds of thousands of secret US documents as head of the whistleblowing website WikiLeaks, was freed Monday from a high-security British prison
  • The judge on Wednesday sentenced him to five years and two months in prison - with credit for the same amount of time he spent behind bars in Britain