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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.
  • Hizbollah vows revenge for Israeli missile strike in Syria

    Beirut, Lebanon--Lebanon's Iran-backed Hizbollah group warned Tuesday that Israel will pay for killing high-level Iranian Revolutionary Guards (IRGC) in a strike...

    The Lebanese resistance group has exchanged near-daily cross-border fire with Israel in support of its ally Hamas since the Gaza war erupted in October.

    The Syrian Observatory for Human Rights said 11 people were killed in the strikes, including eight Iranians, two Syrians and one Lebanese, all of them fighters.

  • Blinken in Paris for talks on Ukraine and Gaza

    After Paris, Blinken will head to Brussels for NATO foreign ministers' talks ahead of the alliance's 75th anniversary summit in...

    Paris has also advocated for a permanent ceasefire between Israel and Hamas

    The United States recently let pass a UN Security Council resolution that calls for a truce

  • Israel, US hold virtual meeting on Rafah offensive plans

    The White House said in a statement that the two sides had a "constructive engagement on Rafah" during two hours...

    The Israeli side agreed to take the concerns into account and to have follow up discussions

    The statement said that follow-up discussions will include in-person meetings next week

  • Israeli troops leave behind trail of destruction at Gaza hospital

    Palestinian Territories - Israeli forces on Monday pulled out of Gaza's largest hospital complex after an intensive two-week military operation,...

    The health ministry in Hamas-ruled Gaza said that "the scale of the destruction inside the complex and the buildings around it is very large".

    Israel said it had battled Palestinian fighters hiding inside Gaza City's Al-Shifa Hospital, killed at least 200 enemy fighters

  • New shipping service in Saudi Arabia launched

    RIYADH, SAUDI ARABIA - The Saudi Ports Authority (Mawani) has announced the addition of the new shipping service 'NRS' by...

    The NRS shipping service will link Jeddah Islamic Port to Yanbu Commercial Port, Neom Port, Aqaba Port in Jordan, and Sokhna Port in Egypt.

    This will further establish the Kingdom's position as a global logistics hub that bridges three continents,

  • Sister of Hamas leader Ismail Haniyeh arrested by Israeli police

    Jerusalem, Undefined - Israeli police said Monday they had arrested the sister of Hamas leader Ismail Haniyeh "as part of a...

    Police told AFP that Sabah Abdel Salam Haniyeh, who is an Israeli citizen, was taken into custody in the town of Tel Sheva

    A police spokesman, who confirmed it was Haniyeh's sister, said she is suspected of having contact with Hamas operatives

  • Gaza’s health ministry says 32,845 killed by Israel since battle began

    Palestinian Territories - The health ministry in Gaza said Monday that at least 32,845 people have been killed in the...

    The toll includes at least 63 deaths over the past 24 hours, a ministry statement said, adding that 75,392 people have been wounded in the Gaza Strip since war began

    Monday's toll update was released hours after the Israeli military withdrew from Gaza's biggest hospital, Al-Shifa, after a two-week operation that saw heavy fighting

  • Erdogan sees ‘turning point’ for Turkey after poll drubbing

    Observers called it Erdogan's worst election defeat since his party took power in 2002. Many blamed inflations running at 67...

    Near-final results showed the main opposition Republican People's Party wresting the main cities and Anatolian provinces that were strongholds for Erdogan's party

    Turkish president Recep Tayyip Erdogan told dismayed supporters overnight that they "must not waste" the four years remaining before the next presidential vote

  • Israeli army withdraws from Al-Shifa, Gaza health ministry

    The Hamas government media office said the Israeli air strikes had provided cover for the withdrawing vehicles. The army launched...

    The Israeli military withdrew after burning down the complex buildings

    Dozens of bodies, some of them decomposed, have been recovered the site

  • Israel’s prime minister undergoes ‘successful’ surgery

    The prime minister's office said in a statement that Benjamin Netanyahu was in "good shape and beginning to recover after...

    Thousands of Israelis rallied in Jerusalem on Sunday evening to call for his resignation

    Israel's war on Gaza has so far killed at least 32,782 people, mostly women and children