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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.

Syria state TV relaunches, months after Assad’s ouster

Damascus, Syria - Syrian state television officially relaunched on Monday with a trial broadcast almost five months after the ouster...
  • After Syria's new authorities took power in December, state media and other television channels, radio stations affiliated with Assad's government suspended broadcasting
  • The channel showcased its new branding and broadcast images of Damascus and Ummayad Square, where the Public Authority for Radio and Television headquarters are located

Israel cabinet approves plan for Gaza ‘conquest’

Israel resumed major operations across Gaza on March 18 amid deadlock over how to proceed with a two-month ceasefire that...
  • It comes as the United Nations and aid organisations have repeatedly warned of the humanitarian catastrophe on the ground, with famine looming again
  • The Israeli official said the expanded operations "will include, among other things, the conquest of the Gaza Strip and the holding of the territories

Trump eyes Erdogan’s help to end Ukraine war

NATO member Turkey has sought to maintain good relations with both of its Black Sea neighbors since the Russian invasion...
  • Trump said on his Truth Social network that Erdogan had also invited him to visit Turkey and that the Turkish leader would be meeting him in Washington
  • "I look forward to working with President Erdogan on getting the ridiculous, but deadly, War between Russia and Ukraine ended -- NOW!" Trump posted

Iran says Israel’s Netanyahu dragging US into ‘disaster’ in region

Tehran, Iran - Iran's Foreign Minister Abbas Araghchi on Monday accused Israeli Prime Minister Benjamin Netanyahu of attempting to drag...
  • Araghchi also accused Netanyahu of "attempting to brazenly DICTATE what President Trump can and cannot do in his diplomacy with Iran."
  • Iran's top diplomat cited US support for Israel in its war in Gaza against Palestinian group Hamas since the unprecedented October 2023 attack by the militants

Pakistan conducts second missile test, India readies civil defence drills

Islamabad, Pakistan - Pakistan conducted a second missile test and India ordered civil defence drills in an escalating stand-off over...
  • New Delhi blames Islamabad for backing an attack on tourists last month - the deadliest against civilians on the Indian-administered side of the Himalayan territory for years
  • Pakistan rejects the accusations, and the two sides have exchanged nightly gunfire since April 24 along the de facto border in Kashmir, the militarised Line of Control

Damascus club shooting sparks fears of restriction on freedoms

A deadly shooting Monday at a Damascus club, days after another attack on the capital's nightlife, has sparked fears, adding...
  • Since the fall of longtime ruler Bashar al-Assad in December, the international community has been pressing the new authorities to respect personal freedoms
  • The Syrian Observatory for Human Rights monitor said gunmen attacked Karawan "with automatic weapons and opened fire, killing a woman and wounding others."

Iran unveils new ballistic missile with 1,200 km range

Iran on Sunday unveiled a new solid-fuel ballistic missile with a range of 1,200 kilometres (745 miles), state television reported,...
  • Western nations have raised concerns about Tehran's missile capabilities, accusing it of destabilising the Middle East
  • Iran supports the "axis of resistance" network of militant groups opposed to Israel, including Yemen's Huthi rebels

Huthis report U.S. strikes after missile hits Israel airport, Netanyahu vows revenge and future retaliation

Israeli Prime Minister Netanyahu warned of future retaliation, saying Israel had acted against Iran-backed Huthis before and “will act in...
  • The Huthi-run Saba news agency said the strikes included two targeting Arbaeen street in the capital as well as one on the airport road, blaming them on "American aggression."
  • The Huthis, who control swathes of Yemen, have launched missiles and drones targeting Israel and Red Sea shipping throughout the Gaza war, acting in solidarity with Palestinians

US Fed expected to pause cuts again and wait for clarity on tariffs

Washington, United States -- The US Federal Reserve is widely expected to extend a recent pause in rate cuts this...
  • Most economists expect the tariffs introduced since January to push up prices and cool economic growth, at least in the short run.
  • Financial markets overwhelmingly expect the Fed to announce another rate cut pause on Wednesday, according to data from CME Group.

Trump’s solar tariffs could drive Asia transition boom

Bangkok, Thailand -- Massive planned US duties on solar panels made in Southeast Asia could be a chance for the...
  • Earlier this month, Washington announced plans for hefty duties on solar panels made in Cambodia, Vietnam, Thailand and Malaysia.
  • Southeast Asia accounted for nearly 80 percent of US solar panel imports in 2024.

Ceasefire order fails to halt fighting in Syria’s Druze heartland

Sweida, Syria - Syrian Bedouin and their allies fought Druze fighters in the community's Sweida heartland for a seventh day...

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G7 to exempt US multinationals from global minimum tax

The deal will see US companies benefit from a "side-by-side" solution under which they will only be taxed at home,...

Israeli forces kill 37 Gazans, including nine children, some of them waiting for food aid

Civil defense spokesman Mahmud Bassal said 35 people were killed in seven Israeli drone and air strikes in various locations,...

Morocco’s Atlantic gambit: linking restive Sahel to ocean

Dubai, UAE -- A planned trade corridor linking the landlocked Sahel to the Atlantic is at the heart of an...

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Yemen’s Huthi rebels say fired missile at Israel

Yemen's Iran-backed Huthi rebels said they fired a ballistic missile towards Israel on Saturday, in response to Israel's conduct towards...
  • In Israel, warning sirens sounded in several areas, before the army announced the "missile was most likely successfully intercepted."
  • It was the first missile launch against Israel announced by the Huthis since the June 24 ceasefire between Israel and Iran which followed their 12-day war

Iran holds state funeral for top brass slain in Israel war

Iran held a state funeral Saturday for some 60 scientists and commanders killed in its war with Israel, after its...
  • State television aired footage of thousands of black-clad mourners chanting "Death to America" and "Death to Israel" as they held aloft photographs of the dead
  • "Boom, boom, Tel Aviv," read one banner, referring to the retaliatory missile fire launched by Iran against Israel during their 12-day war

Iran extends access to airspace for overflights after ceasefire

Iran has expanded access to its airspace for international overflights following a ceasefire with Israel, though flight restrictions remain in...
  • Flights to and from airports in the north, south and west of the country, including Tehran's Mehrabad and Imam Khomeini international airports, remained suspended
  • The move comes after Iran reopened its eastern airspace on Wednesday, following a ceasefire that ended 12 days of fighting with Israel