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.
  • ABU DHABI, UAE - Secretary-General of the Organization of Petroleum Exporting Countries Haitham Al Ghais said that OPEC is in...

    The names of these countries will be announced after the completion of the ongoing consultations, the OPEC chief said.

    He said the Charter helps facilitate dialogue and exchange views regarding conditions in the global oil and energy markets.

  • Another security firm, Ambrey, said the Marshall Islands-flagged, Greece-owned bulk carrier "was targeted by missiles in two separate incidents" within...

    The incident occurred before 0400 local time (0100 GMT) in an area where Houthi rebels have repeatedly targeted Red Sea shipping in recent months, UKMTO said

    Houthis' attacks prompted some shipping companies to detour around southern Africa to avoid Red Sea, a vital route that normally carries about 12 percent of global maritime trade

  • The military said in a statement that "during a joint IDF (military), ISA (Shin Bet security agency), and Israel Police...

    During the October 7 attacks, Palestinian fighters seized about 250 hostages, according to an AFP tally based on official Israeli figures. Israel says around 130 are still in Gaza

    Dozens of captives taken on October 7 were released during a one-week truce in November that also saw the release of more than 200 Palestinian captives held in Israeli jails

  • According to the military spokesman for Iraq's prime minister, the discussions aim to schedule a timeline for a pullout of...

    The US-led military coalition was set up in 2014 to fight the Islamic State group

    Since October, US and allied troops have been targeted more than 165 times in the region

  • The latest health scare came weeks after it emerged that Austin, 70, had kept previous hospital stays secret and had...

    Deputy Secretary of Defense Kathleen Hicks "assumed the functions and duties" just before 5:00 pm (2200 GMT), Pentagon spokesman Pat Ryder said

    Austin was "admitted into the critical care unit at Walter Reed National Military Medical Center for supportive care and close monitoring," the Pentagon said

  • Witnesses heard an intense series of strikes and saw smoke billowing above the city, which now hosts more than half...

    Israeli military said that it had conducted a series of strikes in the Gaza Strip

    Israeli PM Benjamin Netanyahu has ordered his army to prepare a ground offensive on Rafah

  • "The Government of India welcomes the release of eight Indian nationals working for the Dahra Global company who were detained...

    In October, India said it was "shocked" after a Qatari court had sentenced them to death, but the sentence was reduced in December

    The Hindu newspaper reported the men were spying for a "third country", while the Times of India has said that "they were accused of spying for Israel."

  • Saudi Arabia said it had disbursed $250 million in aid to the internationally-recognized government in Yemen. The money follows an...

    The Yemeni government relocated to Aden, a port city on the southern coast, after the Iran-backed Houthis seized the capital Sanaa in 2014.

    In 2015 Saudi Arabia mobilized an international coalition intended to oust the Houthis.

  • "The Palestinian economy's dire outlook is worsening as the conflict persists," managing director Kristalina Georgieva told the World Governments Summit...

    In the war-ravaged coastal territory, economic activity dropped 80 percent from October through December compared with a year earlier, the IMF chief said.

    The IMF now sees the economies of the region expanding 2.9 percent this year, a decrease of half a percentage point from its October forecast.

  • Yemen's Houthi rebels, supported by Iran, have launched dozens of attacks against ships in the Red Sea since November, targeting...

    Secretary General Dominguez said IMO is working to ensure that "parties continue to talk so that the situation does not degenerate any further"

    Many shipowners have decided to stop operating in the Red Sea, instead sending their ships on the longer route around the south of Africa