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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.

Morocco ban passengers on Covid-hit liner

Passengers wait for flights at Tangier Ibn Battuta Airport in northern Morocco on 14 March (AFP)
  • Morocco on Tuesday raised its alert level for Covid-19 from green to orange after recorded cases spiked in several major cities
  • Last month, Morocco had scrapped Covid rules that ask incoming travelers to present a negative PCR test
Morocco has refused entry to passengers on a German cruise liner after some tested positive for Covid-19, Moroccan media reported Wednesday.The Mein Schiff Herz, owned by German tourism giant TUI and capable of carrying 1,900 passengers plus crew, had been meant to dock in Tangiers on the Gibraltar Straits on Tuesday morning on its way to Lisbon.

But Moroccan authorities barred passengers from disembarking due to “a report received by the Moroccan health authorities which indicates an increase in cases of Covid-19 infection among passengers,” according to news website Le360.

Morocco on Tuesday raised its alert level for Covid-19 from green to orange after recorded cases spiked in several major cities.

Death and hospitalization figures are relatively low but the rising caseload comes as Morocco’s tourism operators hit by two years of near-zero visitor numbers desperately hope for a recovery.

Last month the kingdom scrapped rules that had obliged incoming travelers to present a negative PCR test.