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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.

Macron says France will recognise State of Palestine, angering Israel, US

At least 142 countries now recognise or plan to recognise Palestinian statehood, according to an AFP tally -- though Israel...
  • At least 142 countries now recognise or plan to recognise Palestinian statehood, according to an AFP tally -- though Israel and the United States strongly oppose the move
  • Several countries have announced plans to recognise statehood for the Palestinians since Israel launched a bombardment of Gaza nearly two years ago

Iran defends ‘unshakable’ right to enrich uranium ahead of key talks

Iran on Thursday reaffirmed its right to enrich uranium, saying it was "unshakable", on the eve of key talks with...
  • Friday's meeting, set to take place in Istanbul, will be the first since Israel's mid-June attack targeting key nuclear and military sites in the Iran sparked a 12-day war
  • The hostilities between Iran and Israel broke out just two days before Tehran and Washington were set to resume negotiations on Iran's nuclear programme

International Court of Justice court paves way for climate reparations

The court said climate change was an "urgent and existential threat" and countries had a legal duty to prevent harm...
  • Countries breaching their climate obligations were committing a "wrongful act", the court said in its advisory opinion, which is not legally binding.
  • Campaigners and countries on the climate frontlines hailed a milestone moment in the fight for accountability from big polluters most responsible for global warming.

Israel recalls Gaza negotiators after Hamas responds to ceasefire plan

Mediators have been shuttling between Israeli and Hamas delegations in Qatar for more than two weeks, but the indirect talks have...
  • International concern is growing over the plight of the more than two million Palestinians in the Gaza Strip, where the fighting has triggered a dire humanitarian crisis.
  • International news organizations, including AFP, urged Israel on Thursday to allow journalists in and out of Gaza, with concern that a lack of food is putting their lives at risk.

First foreign firm takes ownership of Saudi football club

The Harburg Group -- led by American Ben Harburg -- said it had "officially completed the 100 percent acquisition of...
  • Last season, Al Kholood finished ninth out of the 18 teams in the Saudi Pro League.
  • The Harburg Group currently owns a 6.5 percent stake in Cadiz, a club in Spain's second division.

Russia, Ukraine begin a fresh round of talks in Istanbul, Kremlin plays down breakthrough hopes

Ukraine said it hoped the two countries would discuss the release of prisoners and lay the ground for a meeting...
  • A source in the Ukrainian delegation said the heads of the two delegations held a preparatory meeting with Turkish Foreign Minister Hakan Fidan ahead of wider talks
  • The two sides previously met in the Turkish city in May and June, but managed to agree only on exchanges of prisoners and soldiers' bodies

India expulsions to Bangladesh unlawful, target Muslims: HRW

New Delhi, India - India has pushed hundreds of ethnic Bengali-speaking Muslims into Bangladesh without due process, Human Rights Watch...
  • The Hindu nationalist government of Prime Minister Narendra Modi has long taken a hardline stance on immigration -- particularly those from neighbouring Muslim-majority Bangladesh
  • HRW, a New York-based nonprofit, said India expelled more than 1,500 Muslim men, women, and children to Bangladesh between May 7 and June 15, quoting Bangladeshi authorities

Hamas confirms it responded to latest Gaza truce proposal

Hamas confirmed on Thursday that it has responded to an Israeli proposal for a 60-day ceasefire in Gaza, after more...
  • "Hamas has just submitted its response and that of the Palestinian factions to the ceasefire proposal to the mediators," the Palestinian militant group said in a statement
  • Negotiators from both sides have been holding indirect talks in Doha with mediators in an attempt to reach an agreement on a truce deal

Saudi investors’ delegation arrives in Syria, aims to invest billions

Riyadh, Saudi Arabia -- A Saudi delegation of over 100 investors arrived in Damascus on Wednesday ahead of a conference...
  • The country's investment minister, Khalid Al-Falih, was leading the delegation, which included 120 investors, aiming to ink agreements worth 15 billion riyals ($4 billion).
  • Earlier this year, Saudi Arabia and Qatar pledged to settle Syria's debt to the World Bank totaling about $15 million.

Trump admin unveils AI strategy to maintain US dominance

The 25-page "America's AI Action Plan" outlines three aims: accelerating innovation, building infrastructure, and leading internationally on AI. Overall, the...
  • According to US media reports, Trump was also to announce a series of executive orders to give key components of the plan additional legal weight.
  • AI "challenges America to build vastly greater energy generation than we have today," the plan said.

Gaza civil defence says Israeli forces kill 28 people

Gaza's civil defence agency said Israeli military operations killed at least 23 people on Friday across the Palestinian territory, with...

Latest News

Air India probe of Boeing 787 fuel control switches finds no issues

Mumbai, India - Air India's inspection of the locking feature on the fuel control switches of its existing Boeing 787...

Israeli airstrike kills five Palestinians in West Bank

Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...

Dubai roads, airport reel from floods after record rains

Power outages were reported around Dubai, which was dotted with flooded areas and submerged and abandoned cars. One road tunnel...

Heavy storms soak Gulf as Oman toll rises to 18

Flooding hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and...

Number of journalists killed on job in 2023 declines despite Gaza: RSF

In the first 11 months of 2023, 45 journalists were killed carrying out their work, down from 61 last year,...

International Court of Justice court paves way for climate reparations

The court said climate change was an "urgent and existential threat" and countries had a legal duty to prevent harm...

Israel recalls Gaza negotiators after Hamas responds to ceasefire plan

Mediators have been shuttling between Israeli and Hamas delegations in Qatar for more than two weeks, but the indirect talks have...

First foreign firm takes ownership of Saudi football club

The Harburg Group -- led by American Ben Harburg -- said it had "officially completed the 100 percent acquisition of...

Most Read

India expulsions to Bangladesh unlawful, target Muslims: HRW

New Delhi, India - India has pushed hundreds of ethnic Bengali-speaking Muslims into Bangladesh without due process, Human Rights Watch...
  • The Hindu nationalist government of Prime Minister Narendra Modi has long taken a hardline stance on immigration -- particularly those from neighbouring Muslim-majority Bangladesh
  • HRW, a New York-based nonprofit, said India expelled more than 1,500 Muslim men, women, and children to Bangladesh between May 7 and June 15, quoting Bangladeshi authorities

Hamas confirms it responded to latest Gaza truce proposal

Hamas confirmed on Thursday that it has responded to an Israeli proposal for a 60-day ceasefire in Gaza, after more...
  • "Hamas has just submitted its response and that of the Palestinian factions to the ceasefire proposal to the mediators," the Palestinian militant group said in a statement
  • Negotiators from both sides have been holding indirect talks in Doha with mediators in an attempt to reach an agreement on a truce deal

Saudi investors’ delegation arrives in Syria, aims to invest billions

Riyadh, Saudi Arabia -- A Saudi delegation of over 100 investors arrived in Damascus on Wednesday ahead of a conference...
  • The country's investment minister, Khalid Al-Falih, was leading the delegation, which included 120 investors, aiming to ink agreements worth 15 billion riyals ($4 billion).
  • Earlier this year, Saudi Arabia and Qatar pledged to settle Syria's debt to the World Bank totaling about $15 million.