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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.

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Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Emirates to launch daily Dubai-Tel Aviv flights from Dec.6

  • Abu Dhabi-based airline Etihad and Israeli carrier Arkia now also offer regular flights.
  • Emirates said the new service would also link Israel seamlessly with its global route network.

Emirates is to start daily flights between Dubai and Tel Aviv on December 6, the airline announced, in the latest sign of deepening relations since the UAE and Israel normalized ties in September last year.

The Dubai-based carrier, one of the largest in the world, said the new service would also link Israel seamlessly with its global route network.

Low-cost carrier Flydubai launched the first commercial flights between Tel Aviv and Dubai just a few months after last year’s agreement.

Abu Dhabi-based airline Etihad and Israeli carrier Arkia now also offer regular flights.

The UAE’s normalization of its relations with Israel, in a deal brokered by then US president Donald Trump’s administration, broke with decades of Arab consensus and infuriated the Palestinians and their supporters.