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ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

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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.

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Iran fears Covid variant outbreak could hit it harder

    • Official data put Covid toll in Iran at 84,000

    • Tehran, nine other cities highest-risk places

    Iran has struggled to keep the Covid pandemic under control, and now it must prepare for a worse case of the virus hitting them. President Hassan Rouhani on Saturday said that Iran will be hit by an outbreak of the Delta variant.

    “It is feared that we are on the way to a fifth wave throughout the country,” Rouhani told a meeting of Iran’s anti-virus taskforce, warning the public to be careful as “the Delta variant has spread” in southern provinces.

    According to AFP, Iran is battling the Middle East’s deadliest outbreak of coronavirus. COVID-19 has killed more than 84,000 people out of over 3.2 million detected infections in the Islamic republic, according to official figures that authorities admit do not account for all infections.

    The health ministry has classified as “red” — the highest category on Iran’s coronavirus risk scale — the capital Tehran and nine other cities in Tehran province. The southern and southeastern provinces of Fars, Hormozgan, Kerman and Sistan-Baluchistan are also now classified as “red.”

    Strangled by US sanctions that have made it difficult to make money transfers to foreign firms, Iran says it is struggling to import vaccines for its population of 83 million. Just over 4.4 million people have received the first dose of vaccine in Iran, while only 1.7 million have received the necessary two doses, the health ministry says.

    “God willing, the situation will improve in terms of vaccinations from next week,” Rouhani said. The authorities in Iran have approved the emergency use of two locally produced vaccines.