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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.

Qatar takes key step to control own airspace

Qatar said on Tuesday that it has been given a preliminary green light by a UN body on a proposal...

G20 ministers set to green light global tax reform

Finance ministers from the G20 richest nations are expected to give the green light Saturday to a historic deal to...

Dubai authorities probe Jebel Ali Port blast

Dubai authorities were Thursday investigating an explosion on a container ship carrying flammable materials which unleashed a fireball at one...

Saudi Arabia unveils $18b plan to turn kingdom into data center hub

The government will work with the private sector, including local and international investors, to achieve the goal The kingdom is...

Bomb-laden drones hit Erbil airport in northern Iraq

The attack took place at around 1930 GMT but caused no injuries or major damage Since the start of the...

Cyberattack hits hundreds of US businesses

A US IT company urges customers to shut down their servers after the attack UN Security Council members recently warned...

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private...

UAE consumers prefer online motor insurance

74% of the customers buy car insurance online in the UAE More than 90% of the consumers review car insurance...

Oil prices extend gains after OPEC+ talks fail, equities mixed

Brent broke above $77 for the first time since 2018 Breakdown of talks raises the possibility of $100 a barrel...

Disagreement between UAE, Saudi Arabia hobbles OPEC

The UAE on Sunday pushed back against a plan by the OPEC+ group to extend a pact to cut oil...

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...

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Latest News

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"...

Biden demands assault-weapons ban after 8 killed in Texas mall rampage

Responders, distressed witnesses and police described scenes of panic and horror in Allen, where video footage shared online showed the...

Egypt ex-graft chief freed from prison, charged again: activist

A military court had found Geneina guilty in 2018 of "spreading information to harm the military", after he had said...

UN admits aid failure for Syria as quake toll hits 33,000

Supplies have been slow to arrive in Syria, where years of conflict have ravaged the healthcare system, and parts of...

At least 20 escape Syria prison holding IS inmates after quake

The British-based Syrian Observatory for Human Rights war monitor said it could not verify whether prisoners had escaped, but confirmed...

UN admits aid failure for Syria as quake toll hits 33,000

Supplies have been slow to arrive in Syria, where years of conflict have ravaged the healthcare system, and parts of...

At least 20 escape Syria prison holding IS inmates after quake

The British-based Syrian Observatory for Human Rights war monitor said it could not verify whether prisoners had escaped, but confirmed...

Musk kicks Kanye West off Twitter for ‘incitement to violence’ 

West has made a series of anti-Semitic comments recently, as the one-time titan of fashion and music appears to have...

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Sudanese journalists form union to safeguard press freedom

The journalists' syndicate held elections on Saturday, the first since ousted president Omar al-Bashir dissolved independent unions after rising to...
  • Saturday's ballot named as head of the syndicate Abdelmoneim Abu Idris Ali, a correspondent for Agence France-Presse in Khartoum said.
  • Reporters Without Borders, which ranked Sudan 151 out of 180 countries in its 2022 World Press Freedom Index, welcomed the "positive step".

Morocco bus crash leaves 23 dead, scores injured

An average of 3,500 deaths and 12,000 injuries have been recorded annually in Morocco, according to the National Road Safety...
  • The bus overturned on a bend of a motorway in Khouribga province in the morning, an investigation has been opened into the accident
  • An average of 3,500 deaths and 12,000 injuries have been recorded annually in Morocco, according to the National Road Safety Agency

Tunisia train accident leaves nearly 100 passengers injured

A head-on collision between two passenger trains injured 95 people on Monday morning in the south of the Tunisian capital,...
  • Most of the injured suffered bruises or fractures, none of them life-threatening, sources confirmed
  • Between 2017 and 2021, the country saw 173 train accidents which killed 229 people and injured 345