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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.

‘Too hot outside’: Saudis take to walking, jogging in malls

Roughly one in five Saudi adults is obese, according to an in-depth study published by the World Bank last year...
  • Roughly one in five Saudi adults is obese, according to an in-depth study published by the World Bank last year that described the issue as "alarming"
  • To help bring that percentage down, the Saudi Sports for All Federation now organizes races such as the Riyadh Marathon, which this year drew thousands of runners

Tree-hugging AI to the rescue of Brazilian Amazon

The Manaus project has just completed its pilot phase with ten prototype boxes fixed to trees in a densely forested...
  • The boxes sport sensors and software trained "to recognize the sounds of chainsaws and tractors, or anything that could cause deforestation," an official said
  • The sensors look like small internet modems but are in fact wireless and can relay data up to one kilometer (0.6 miles) via satellite to others in a network

Iraq asks Sweden to extradite accused in Quran burning incident

STOCKHOLM, SWEDEN - Baghdad has asked Sweden to extradite Iraqi refugee Salwan Momika, who stoked international outrage by desecrating the Quran,...
  • The Swedish government has condemned the desecrations of the Quran but upheld the country's laws regarding freedom of speech and assembly.
  • The accused in the Quran burning incident said that Iraq was seeking his extradition to try him according to Islamic law.

Sheikha Fatima launches national plan for empowerment of Emirati women

ABU DHABI, UAE – Chairwoman of the General Women's Union (GWU) Sheikha Fatima bint Mubarak launched the National Strategy for...
  • This strategy comes in line with Sheikha Fatima’s vision to achieve fair and comprehensive women's participation in all fields.
  • The plan provides a general framework and guidance for decision makers in federal, local government institutions, private sector and civil society.

All eyes on tech firms as strict EU digital rules come into effect

The landmark Digital Services Act (DSA) compels tech companies to better police content to protect European users against disinformation and...
  • The first phase of the regulation affects 19 "very large" digital platforms including social media networks, websites and online retailers with at least 45m monthly active users.
  • They are: Alibaba AliExpress, Amazon Store, Apple AppStore, Booking.com, Meta-owned Facebook and Instagram, Google's Maps, Play, and Shopping, LinkedIn, Pinterest.

UAE plays an active role in shaping better future for societies, says minister

NEW DELHI, INDIA – The UAE is committed to playing an active role in global efforts to shape a better...
  • The UAE is also committed to enhancing human resources’ contribution to sustainable development.
  • The minister applauded all G20 members for “their dedication and commitment to the objectives and vision of the forum.”

Macron adjourns Germany visit over riots in France

President Emmanuel Macron informed Berlin he was postponing a state visit to deal with the urban rioting that has rocked...
  • Shops were ransacked and town halls attacked in various locations nationwide, despite 45,000 members of the police dealing with the situation.
  • The protests over the death of teenager Nahel M., who was of Algerian origin, have again exposed the severe racial tensions in modern France.

French president announces measures to quell riots

French President Emmanuel Macron announced measures including more police and urged parents to keep minors off the streets as he...
  • French President Macron attempted to strike a balance between political pressure for a harsh response and fears of triggering a still stronger backlash.
  • "Additional means" would be mobilized by government to tackle the rioting, Macron said, without specifying how many more officers might be involved.

Royal fever sweeps Jordan ahead of crown prince Hussein’s wedding

On the big day for the Hashemite kingdom, a key Western ally, the royal red motorcade, reserved for special occasions,...
  • The eldest son of King Abdullah II will marry Saudi fiancee Rajwa Al Saif at the grand royal wedding with regional monarchs, US First Lady Jill Biden is also among the guests
  • Photos of Saif's henna bridal party took the internet by storm last week as she donned a white gown with an Arabic poetry verse embroidered: "When I see you, life becomes sweet"

Uzbekistan, IsDB ink pacts worth US$396.7m for infrastructure, education

JEDDAH, SAUDI ARABIA  - Islamic Development Bank (IsDB) President and Group Chairman Dr. Muhammad Al-Jasser and Uzbekistan Minister of Investments,...
  • Under the agreement, IsDB will provide US$260 million in financing for the Integrated Rural Development Project.
  • The project will empower local communities, improve their access to quality and resilient infrastructure.

Media’s Role in the Age of Algorithms

In a world where 5 billion people are active on social media, our digital voices shape culture, foster belonging, and...

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Sudanese artists escaping war seek revival in Cairo

When the first bombs rang out in Sudan, Amjad, Fatima and Mazin abandoned their paintbrushes, musical instruments and studios, leaving...

Morocco law reform offers hope for women’s rights

Rabat, Morocco - Two decades after a landmark but limited revision of Morocco's family law marked a breakthrough for women, activists...

Artists utilize technology against AI copycats

NEW YORK, US - Artists under siege by artificial intelligence (AI) that studies their work, then replicates their styles, have teamed...

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Iraqis haunted by war battle mental health issues

Ravaged by war and rocked by Islamic State group attacks, Iraq's demand for mental health professionals is great, but help...
  • The World Health Organization estimates that in a country of 43 million, there are just two mental health workers for every 100,000 Iraqis
  • Baghdad's Al-Rashad psychiatric hospital has only 11 psychiatrists for its 1,425 patients, aged between 14 and 70, its director Firas al-Kadhim said

‘Too hot outside’: Saudis take to walking, jogging in malls

Roughly one in five Saudi adults is obese, according to an in-depth study published by the World Bank last year...
  • Roughly one in five Saudi adults is obese, according to an in-depth study published by the World Bank last year that described the issue as "alarming"
  • To help bring that percentage down, the Saudi Sports for All Federation now organizes races such as the Riyadh Marathon, which this year drew thousands of runners

Tree-hugging AI to the rescue of Brazilian Amazon

The Manaus project has just completed its pilot phase with ten prototype boxes fixed to trees in a densely forested...
  • The boxes sport sensors and software trained "to recognize the sounds of chainsaws and tractors, or anything that could cause deforestation," an official said
  • The sensors look like small internet modems but are in fact wireless and can relay data up to one kilometer (0.6 miles) via satellite to others in a network