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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.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

From Iran Talks to Dubai Metro: Key Middle East Developments You Need to Know on June 10, 2025

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, attended the foundation stone laying ceremony of the Dubai Metro Blue Line.
  • Sheikh Mohammed launches 30km expansion featuring world's highest metro station (74m) to serve growing population
  • After 12-year exclusion, Damascus prepares to reconnect to global banking network to formalize trade

Dubai, UAE –  Key developments across the Middle East today highlight regional diplomatic, economic and humanitarian trends:

Geopolitical Shifts & Regional Security
U.S.-Iran Nuclear Talks at Critical Juncture – Trump warns of “decision time” as Tehran prepares counterproposal; Israel threatens military action if diplomacy fails

Gaza Humanitarian Crisis Deepens – Israel detains activists (including Greta Thunberg) from intercepted aid boat; WHO reports Al-Amal Hospital “virtually out of service”

Gulf Infrastructure & Economic Growth
Dubai Unveils Blue Metro Line – Sheikh Mohammed launches 30km expansion featuring world’s highest metro station (74m) to serve growing population

Sharjah SMEs Secure 24% More Gov’t Contracts – RUWAD reports strong 2024 performance with 129 Emirati suppliers now registered

Qatar’s Islamic Finance Hits QR683B – Sector grows 4.1% in 2024 led by Sharia-compliant banking (87% share)

Regional Financial Developments
Syria Set to Rejoin SWIFT System – After 12-year exclusion, Damascus prepares to reconnect to global banking network to formalize trade

Leadership & Diplomacy
UAE President Hosts Bohra Leader – Meeting focuses on interfaith dialogue and humanitarian cooperation during Eid celebrations

Saudi Arabia Deploys AI for Hajj Departures – SDAIA implements smart systems at borders to streamline pilgrim exits