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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.
  • Chinese-owned tanker hit by Houthi missile in Red Sea

    The Panamanian-flagged, Chinese-owned and operated Huang Pu issued a distress call but did not request assistance, US Central Command said....

    CENTCOM said Houthi rebels had launched four anti-ship ballistic missiles in the Red Sea

    It added that, after the attack, US forces engaged six drones launched by the Houthis

  • UAE and Egypt presidents hold discussions in Cairo to boost ties

    Cairo, Egypt-- UAE's President Sheikh Mohamed bin Zayed Al Nahyan and his counterpart from Egypt Abdel Fattah El-Sisi met in...

    The two presidents explored opportunities for further collaboration within the framework of the strategic partnership that unites the two countries

    The two leaders also reviewed the ongoing efforts to address the humanitarian situation in the Gaza Strip and alleviate the suffering of its people

  • Three wounded in Israeli strikes in east Lebanon

    Israel has been launching air strikes deeper into Lebanese territory for several weeks against Hizbollah positions, heightening the threat of...

    The Israeli military said in a statement fighter jets "struck a Hizbollah manufacturing site"

    At least 323 people have been killed in Lebanon, most of them Hizbollah fighters

  • Turks to vote in local polls as Erdogan seeks to avenge defeat

    Erdogan has entrusted his former environment minister Murat Kurum to run for mayor of Istanbul in the March 31 polls...

    Erdogan is leading the AKP campaign and his rallies are broadcast daily on television

    The government's failure to get inflation of 67% under control could hurt his Kurum's chances

  • Israel military signals extended operation at Gaza hospital

    Jerusalem--A top Israeli commander has said troops will continue their operation at Gaza's largest hospital Al-Shifa until the last Hamas...

    The operation in and around Al-Shifa hospital was launched by Israeli forces on Monday, saying senior Hamas operatives were based in the compound

    Days of heavy fighting have followed, with the military reporting about 170 Palestinian fighters killed and hundreds more arrested or questioned

  • ‘UAE strengthens Gaza support with humanitarian aid’

    “The activation of the maritime corridor is crucial. It will serve as an essential lifeline for the people of Gaza,...

    UAE reaffirms solidarity with Gaza, launching significant humanitarian initiatives under Sheikh Mohamed bin Zayed Al Nahyan's leadership.

    UAE's comprehensive humanitarian mission includes over 25,000 tons of aid, medical treatment for wounded children and cancer patients.

  • Hamas official speaks of big gaps with Israel in truce talks

    An official from the Palestinian resistance group with knowledge of the talks said that there is a deep divergence in...

    The talks over a ceasefire and possible exchange of hostages and prisoners resumed in Doha this week

    Israel believes about 130 hostages remain in the Gaza Strip, including 33 who are presumed dead

  • End war’s ‘nightmare’, UN chief says at gates of Gaza

    Rafah, Egypt - UN chief Antonio Guterres, on a visit to the doorstep of Gaza, on Saturday said the world has...

    "I carry the voices of the vast majority of the world who have seen enough," Guterres said, deploring "generations wiped out"

    Guterres appealed to Israel for "total, unfettered access for humanitarian goods throughout Gaza"

  • Gaza health ministry says Israel kills 9 people waiting for aid

    Palestinian Territories - The health ministry in Hamas-run Gaza said Israeli fire on Saturday killed nine people and wounded dozens...

    "At least nine martyrs and dozens injured by Israeli occupation army tank fire and shells," said Gaza's health ministry.

    Just over a week ago Gaza's health ministry blamed Israeli fire for the death of 20 people seeking aid at the Kuwait roundabout.

  • Israeli minister calls UN ‘anti-Israeli’ as Guterres visits Gaza border

    JERUSALEM - Israel's foreign minister said on Saturday the United Nations had become an "anti-Israeli body" under Antonio Guterres, after...

    "Under his (Guterres's) leadership, the UN has become an anti-Semitic and anti-Israeli body that shelters and emboldens terror," Foreign Minister Israel Katz said.

    Katz's government has accused staff at the UN agency for Palestinian refugees of involvement in Hamas's October 7 attack that triggered the war.