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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Tunisia’s largest party protests outside parliament

    • Several hundred supporters of Saied also gathered in front of parliament, chanting slogans against Ennahdha 

    • The two camps threw stones and bottles at one another, an AFP photographer said

    The head of Tunisia’s Islamist-inspired Ennahdha, the largest party in parliament, led a sit-in protest Monday in front of the legislature after the army blocked him from entering, AFP photographers said.

    Rached Ghannouchi, who is also speaker of the legislature, had tried to gain access from 3:00 am (0200 GMT), hours after President Kais Saied suspended parliament and fired the prime minister, in a move decried by Ennahdha as a “coup d’etat”.

    Several hundred supporters of Saied also gathered in front of parliament on Monday, chanting slogans against Ennahdha and blocking followers of the party from reaching the building.

    The two camps threw stones and bottles at one another, an AFP photographer said.

    The president on Sunday evening announced that he had fired Prime Minister Hichem Mechichi and that he was suspending parliament for 30 days.

    His controversial move comes after a prolonged period of deadlock between the president, prime minister and legislature, which has crippled management of a coronavirus crisis that has seen deaths surge to among the highest per capita rates in the world.

    It also comes despite presidential powers being largely confined to security and diplomacy under a constitution that enshrines a parliamentary democracy.