Geostrategy

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Gaza death toll since ceasefire rises to 1,375 as settler violence surges

The ministry said three Palestinians were killed and at least 27 injured during the 24 hours covered by its latest...
  • Palestinian Civil Defence teams were searching for people trapped beneath a collapsed residential building west of Gaza City.
  • Two homes were demolished in Beit Hanina, while eight residential and agricultural structures were demolished in Hizma, in the occupied West Bank.

Saudi Arabia calls Makkah security ‘Red Line’ after Houthi drone intercepted

Hormuz shipping traffic meanwhile fell to four, while US lawmakers again seek to curb military action as Iran war costs...
  • OIC condemned attacks targeting the kingdom’s holy sites.
  • The Congressional Budget Office estimated that the conflict had cost the United States more than $38 billion over its first six months.

Saudi Arabia’s East-West pipeline shutdown puts 4% of global oil supplies at risk

Oman, meanwhile, postpones meeting with Gulf states and Iran on possible Strait of Hormuz agreements, Foreign Minister Badr Albusaidi said,...
  • Hormuz shipping remains constrained, with four vessels exiting the Gulf and 10 entering over the weekend, preliminary data showed.
  • Oil prices rose sharply on Monday, with Brent crude climbing above $107 a barrel.

Attack on Iranian vessel in Hormuz leaves one dead, 3 injured

Tehran blamed "American enemy" for the attack, which came a day before a meeting between Iran and Gulf states in Oman...
  • Houthis claimed a missile and drone strike on a Saudi military base, while Tehran sought to distance itself from the group’s actions.
  • Houthi military spokesman Yahya Saree said the group used ballistic missiles and drones to target a military base in Sharurah, southern Saudi Arabia.

Houthis take control of key Bab el-Mandab island

A drone attack originating from Iraq leads to the closure of Saudi Arabia's key oil pipeline, prompting Baghdad to order...
  • US forces have redirected 99 commercial vessels as Washington tightens its naval blockade of Iran amid continuing attacks on shipping.
  • US President Donald Trump said the war with Iran would end “very soon”.

Israeli strike in southern Lebanon triggers 4.1 magnitude tremor

An Israeli strike on an alleged Hezbollah tunnel complex in southern Lebanon triggered a 4.1 magnitude tremor, after one of...
  • Israel says the underground complex contained Iranian-made rockets, missiles, drones and weapons as tensions rise along the Lebanon-Israel border.
  • Israeli forces continue to occupy a so-called security zone in southern Lebanon, while Beirut authorities say Israeli strikes have killed more than 4,300 people since March.

IRGC targets US sea drone as Hormuz traffic falls to single digits

The claim came a day after Iran said it had captured an unmanned US submarine drone, while the US military...
  • Trump says he would repeat his decision to wage war, while Gulf states prepare for talks with Iran over a temporary shipping arrangement.
  • Iran’s attacks have also caused material damage to US aircraft at Jordan’s Muwaffaq Salti Air Base, according to a US official cited by Reuters.

Projectiles hit Iran’s Sirik, Minab, Qeshm Island as oil crosses $100 a barrel

Trump, meanwhile, says he expected the war to end “immediately after” the US midterm elections in November, alleging that Iran...
  • Explosions and reported projectile strikes hit Sirik as Iran-US attacks escalate, pushing oil above $100 and raising Hormuz risks.
  • Iran's UN envoy, Gholamhossein Darzi, condemned new US sanctions targeting the Iranian aviation sector, calling them “economic terrorism”

Four Palestinians killed as pressure mounts over West Bank settlements

The UK and 11 other countries have announced support for trade sanctions targeting Israeli settlements in the occupied West Bank....
  • The latest deaths in Nablus, Qalqilya and Tulkarem brought the Palestinian Health Ministry’s West Bank toll this year to 100.
  • US Secretary of State Marco Rubio stopped short of condemning Britain's decision to impose sanctions on illegal Israeli settlements.

US and Iran exchange attacks on oil tankers, warships as oil heads to $100

The US military said it destroyed five Iranian crude oil carriers after Iran’s Islamic Revolutionary Guard Corps (IRGC) launched ballistic...
  • Jordan intercepted most Iranian missiles targeting its territory, while Tehran claimed further strikes against American vessels and tankers in Hormuz.
  • Washington expanded pressure on Tehran with new airline sanctions as shipping disruptions threatened to deepen energy-market uncertainty across the region.

US says carried out ‘limited defensive’ strikes against Iranian targets in Hormuz

Qeshm Island reports explosions as tensions intensify; Tehran claims American drones were shot down; Trump threatens nuclear site if negotiations...

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Gulf economies may not recover to pre-war levels soon as shock will hit many sectors, IMF warns

The IMF projects the Middle East and Central Asia region will contract 0.3 percent in 2026, reflecting its exposure to...

Trump says Iran war will ‘end very soon’ as Yemen hostilities escalate and Hormuz attacks rise

Iran's Ghalibaf warns Washington cannot be trusted, saying Tehran must prepare for renewed fighting even as negotiations continue between the...

UAE has agent control tower for better oversight, audit of AI agents: Al Olama

Speaking at a session titled "Trust Test for Agentic AI" at the World Economic Forum's Annual Meeting of Global Future...

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Trump says Houthis ‘misbehaving very badly’ as Saudi airport shutdown disrupts flights

Etihad Airways cancelled flights between Abu Dhabi and Riyadh until October 19, while services to Dammam were heavily disrupted. Qatar...
  • A Houthi official warned Washington of a “swift and painful response” if the United States intervened further in Yemen’s war.
  • Iran’s Revolutionary Guard said it struck a supertanker in the Strait of Hormuz, accusing it of ignoring warnings and disabling transponders.

WEF to bring 500 global leaders to Dubai for inaugural meeting

Discussions will span artificial intelligence, jobs, geopolitical uncertainty, climate change and economic resilience, with UAE Minister Mohammad Al Gergawi and...
  • More than 500 leaders, including 15 ministers and nearly 150 CEOs and chairs, will attend the October 13-15 meeting.
  • - Sessions will explore agentic AI, global trade, economic resilience and climate challenges, alongside research on youth, sustainability and data-centre infrastructure.

BP pulls out of Riyadh energy congress after airport attack

Saudi Arabia pressed ahead with its five-day energy gathering, signing cooperation agreements with Kuwait, Qatar and Egypt despite travel disruption...
  • BP withdrew from the Riyadh energy congress after an airport missile attack killed 13 people and injured more than 300.
  • Saudi Arabia signed energy cooperation agreements with Kuwait, Qatar and Egypt as the five-day conference proceeded despite travel disruption.