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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

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.

Iran FM rejects Macron remarks over Lebanon ‘interference’

Iran has warned that a ground invasion of Gaza would be met with a response from other fronts. (AFP)
  • For more than a year, Lebanon has been governed by a caretaker cabinet and without a president since late October
  • On a visit to Beirut, Iran's foreign minister called on Lebanon to overcome its political deadlock and elect a president

Beirut, Lebanon–Iran’s foreign minister on Friday rejected accusations from France over Tehran’s interference in Lebanon, urging President Emmanuel Macron to focus instead on his own country.

Macron had told a conference of French ambassadors earlier this week that a “key element” to resolve Lebanon’s political crisis was “the clarification of regional interference, including that of Iran”.

“I advise Mr Macron to focus on the situation inside France instead of paying attention to questions of interference in other countries,” Hossein Amir-Abdollahian said during a visit to Beirut.

Mired in a gruelling economic crisis since 2019, Lebanon has been governed by a caretaker cabinet for more than a year and without a president since late October.

Lebanese lawmakers failed 12 times to elect a successor to former president Michel Aoun amid bitter disputes between the powerful Iran-backed Shiite movement Hezbollah and its opponents.

“Iran has always played the most constructive role in helping Lebanon,” Amir-Abdollahian told a press conference at the Iranian embassy.

French special envoy Jean-Yves Le Drian — who has been tasked with helping resolve divisions among Lebanon’s sectarian politicians — is expected in Beirut later this month.

Amir-Abdollahian’s visit is his second since April, when he called on Lebanon to overcome its political deadlock and elect a president, urging foreign governments not to interfere in the choice.

Tehran is the key backer of Lebanon’s powerful Hezbollah group, the only faction that kept its weapons after the end of the 1975-1990 civil war.

Amir-Abdollahian also met Hezbollah chief Hassan Nasrallah during the visit, as well as senior officials from Palestinian factions close to Tehran, including Hamas and Islamic Jihad.

Israel and Hezbollah fought a 34-day war in 2006.

Amir-Abdollahian arrived in Beirut Thursday after a trip to Damascus, where he held talks with Syrian President Bashar al-Assad.

Iran has long been one of Assad’s main supporters, helping him claw back territory lost to rebels during Syria’s 12-year war.