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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.

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

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.

WHO says Gaza facilities attacked as Israel expands operations, calls for ceasefire

WHO chief Tedros Adhanom Ghebreyesus said the Israeli military had entered the UN agency's staff residence, forced women and children...
  • WHO chief Tedros Adhanom Ghebreyesus said the Israeli military had entered the UN agency's staff residence, stripped and interrogated male staff at gunpoint
  • Tedros, who also condemned an attack on the WHO's main warehouse in Deir el-Balah, said: "A ceasefire is not just necessary, it is overdue," he said on X.

US President Trump ‘caught off guard’ by Israeli strikes in Syria

US President Donald Trump was "caught off guard" by Israeli strikes in Syria last week, White House spokeswoman Karoline Leavitt...
  • Israel had launched strikes on the the southern Druze-majority city of Sweida, saying it aimed to put pressure on the Syrian government to withdraw its troops from the region
  • Trump "was caught off guard by the bombing in Syria and also the bombing of a Catholic church in Gaza," Leavitt told reporters at a press briefing

Iran says will not halt nuclear enrichment ahead of European talks

Iran is scheduled to meet Britain, France and Germany in Istanbul on Friday, to discuss its nuclear programme, with Tehran...
  • Iran is due to meet Britain, France and Germany in Istanbul on Friday, to discuss its nuclear programme, with Tehran accusing European powers of scuppering the 2015 nuclear deal
  • The meeting will be the first since Iran's 12-day war with Israel last month, during which the United States carried out strikes against Tehran's nuclear facilities

Russia publishes rare footage of largest drone factory

Moscow, Russia -- Russia has showcased what it calls the biggest drone factory in the world, broadcasting rare footage from...
  • The plant is near the town of Yelabuga in the central Russian region of Tatarstan, located in what was initially planned to be a special economic zone to boost science and business
  • More than 1,000 kilometers (620 miles) from the Ukrainian border, it has now become a target for Kyiv's own long-range attacks.

Western nations call for immediate end to Gaza war as Israel expands offensive

"The suffering of civilians in Gaza has reached new depths," the signatories, including Britain, France, Australia, Canada and 21 other...

UNRWA says some Gaza staff starving as malnutrition soars

UNRWA said that shortages in the Palestinian territory had caused food prices to increase by 40 times, while the aid...
  • "The suffering in Gaza is manmade and must be stopped," it wrote. "Lift the siege and let aid in safely and at scale."
  • The civil defense agency on Sunday reported at least three infant deaths from "severe hunger and malnutrition" in the past week.

Trump says Hamas ‘didn’t want’ Gaza ceasefire deal as talks break down

The US president argued that the Palestinian militant group was not ready to hand over the remaining captives in Gaza...

Latest News

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...

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...

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...

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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

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.