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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.

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.

Trump claims Obama ‘coup’ as Epstein questions mount

Washington, United States - President Donald Trump sought Tuesday to distract from the growing furor over his administration's handling of...
  • The accusations, delivered in the Oval Office, followed a surprise announcement that Trump's Department of Justice would question an imprisoned, key former assistant to Epstein
  • However, the show of transparency appeared to be part of a concerted effort by the White House and Trump's allies to quell speculation about the convicted sex offender

Trump announces ‘massive’ Japan trade deal including 15% tariff

US President Donald Trump announced Tuesday a "massive" trade deal with Japan, cutting a threatened 25-percent tariff to 15 percent...
  • Trump has vowed to hit dozens of countries with punitive tariffs if they don't strike a deal with the United States by next month
  • So far, Trump has only announced pacts with Japan, Britain, Vietnam, the Philippines and Indonesia, while talks continue with other trade partners

More than 100 NGOs warn ‘mass starvation’ spreading across Gaza

The UN said on Tuesday that Israeli forces had killed more than 1,000 Palestinians trying to get food aid since...
  • Israel is facing mounting international pressure over the catastrophic humanitarian situation in the Palestinian territory
  • More than two million people face severe shortages of food and other essentials after 21 months of Israeli invasion

Top Palestinian official meets US ambassador to Israel in Ramallah

Hussein al-Sheikh, vice-president of the Palestinian Liberation Organization (PLO), on Tuesday said he met the US ambassador to Israel, Mike...
  • Sheikh, a close aide to Palestinian president Mahmud Abbas and seen as a potential successor, said the meeting took place in his office
  • "Discussions were held regarding support for efforts to stop the war in the Gaza Strip, release the hostages and deliver urgent aid to the Palestinian people there," he wrote on X

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.
  • "Today’s announcement underpins our belief in America’s innovation in biopharmaceuticals," the statement quoted CEO Pascal Soriot as saying.
  • The company said it expects 50 percent of its revenue to come from the United States by 2030.

91% of new renewable projects now cheaper than fossil fuels alternatives

Abu Dhabi, UAE --  Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation...
  • IRENA’s new report confirms renewables maintained their price advantage over fossil fuels, with cost declines driven by technological innovation.
  • In 2024, solar photovoltaics (PV) were, on average, 41 percent cheaper than the lowest-cost fossil fuel alternatives, while onshore wind projects were 53 percent cheaper.

Humans beat AI gold-level score at top maths contest

Sydney, Australia -- Humans beat generative AI models made by Google and OpenAI at a top international mathematics competition, despite...
  • Google and OpenAI models didn't score full marks -- unlike five young people at IMO, a prestigious annual competition where participants must be under 20.
  • Google said Monday that an advanced version of its Gemini chatbot had solved five out of the six maths problems set at the IMO, held in Australia's Queensland this month.

Gaza hospital says 21 children dead from malnutrition and starvation

Gaza's population of more than two million people is facing severe shortages of food and other essentials, with residents frequently...
  • Mohammed Abu Salmiya, the director of Al-Shifa Medical Complex in Gaza, said that new cases of malnutrition and starvation were arriving at functioning hospitals "every moment".
  • "We are heading towards alarming numbers of deaths due to the starvation inflicted on the people of Gaza," he added.

China says balance between AI development, security ‘urgently requires consensus’

China's Premier Li Qiang warned Saturday that artificial intelligence development must be weighed against the security risks, saying global consensus...

Latest News

Rescue efforts begin as at least 132 die, hundreds injured in Nepal quake

The quake was felt as far away as India's capital New Delhi, nearly 500 km from the epicentre, 42 km...

100 killed in fire during wedding at Iraq event hall

At the main hospital in Hamdaniyah -- a predominantly Christian town east of Mosul that is also known as Qaraqosh...

Ailing US explorer rescued after nine days in Turkish cave

The 40-year-old explorer developed stomach problems while examining the depths of the Morca Cave, a remote complex of twisting underground...

Sad day for America, says Trump after court appearance

Former US president Donald Trump pleaded not guilty on Thursday to criminal charges that he conspired to overturn the results...

OceanGate co-founder hits back at James Cameron over Titanic sub

Soehnlein stressed it was too soon to say what happened to the Titan and that it was "tricky to navigate"...

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...

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...

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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.