Search Site

Trends banner

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.
  • Qatar and Turkey to reunite wounded Gazans with their relatives in Doha

    Doha, Qatar - Qatar and Turkey announced partnership in reuniting wounded Palestinians from the Gaza Strip with their relatives in...

    The Ministry of Foreign Affairs said that a number of the wounded are receiving treatment in Turkey, while their relatives were undergoing treatment in Qatar.

    The reunification will enable the patients to continue their treatment together in Doha, as part of the initiative of Qatar's Amir Sheikh Tamim Al-Thani.

  • Gaza ceasefire, post-conflict planning on Blinken’s Saudi visit agenda

    Blinken is due to travel on to Egypt, which neighbors Gaza and whose envoys have been involved in previous mediation...

    He will discuss "a political path for the Palestinian people with security assurances with Israel, and an architecture for lasting peace and security in the region", Miller added.

    Nearly six months into the war, Israel's key backer the United States has repeatedly called on its ally to allow more humanitarian aid into besieged Gaza.

  • Afghanistan blames ‘politics’ as Australia cancels T20 tour in UAE

    The Afghanistan Cricket Board urged the Australian government "not to impose its policies on cricket boards" and "focus on supporting...

    Cricket Australia said it had received advice "that conditions for women and girls in Afghanistan are getting worse" and postponed the three-match series scheduled in August

    The decision, announced Tuesday, was third time since 2021, when the Taliban returned to power, that Australia have refused to play Afghanistan outside of international tournaments

  • Israel’s Gallant to visit US as Rafah pressure builds

    During his first visit to Washington since war erupted in response to Hamas's unprecedented October 7 attack, Gallant is due...

    Netanyahu's office said a delegation would visit Washington at "the request of US President"

    Biden said Monday he had told Netanyahu to send a team to Washington

  • No oil and gas majors aligned with climate targets: report

    An A grade would be potentially aligned with the goals of the 2015 Paris Agreement to limit temperature rise to...

    The assessment of the 25 largest listed fossil fuel firms by the think-tank Carbon Tracker is designed to enable investors to judge whether the firms are in line with international

    At the bottom of the Carbon Tracker list were Saudi Aramco, Brazil's Petrobras, and the US's ExxonMobil, all rated G. The US firm Conoco Phillips was given an H

  • GCC and EU hold talks to boost economic, political ties

    Brussels, Belgium-- The Gulf Cooperation Council (GCC) and the European Union have held talks in Brussels in order to enhance...

    Jasem Mohamed Albudaiwi, head of the GCC, held talks with members of the EU Political and Security Committee

    The two sides exchanged views on a group of regional and international issues, including the crisis in the Gaza Strip

  • Libya closes Tunisia border crossing after outbreak of clashes

    Tripoli, Libya--Libya ordered the "immediate" closure of its main border crossing with Tunisia on Tuesday following clashes between armed groups and...

    According to Libya's interior ministry, it ordered the closure of the post "after outlaw groups attacked the post in order to create chaos"

    Armed clashes began on Monday night between armed groups who control Ras Jedir and security forces sent by Tripoli, as per media reports

  • Govt source: Canada halting arms shipments to Israel

    On Monday, the Canadian Parliament passed a nonbinding resolution calling for the international community to work toward a two-state solution...

    The move comes as Ottawa has only exported "non-lethal" shipments such as communications equipment to Israel since the deadly October 7 attacks

    Israel has historically been a top receiver of Canadian arms exports, with CAN$21 million worth of military materiel exported to Israel in 2022

  • Hamas leader blames Israel for sabotaging truce talks

    Ismail Haniyeh said that the Israeli actions at Al-Shifa Medical Complex "confirm their intent to obstruct the recovery of life...

    Negotiations for a Gaza ceasefire and hostage release were underway in Doha

    Mossad head David Barnea had flown in for talks with the Qatari prime minister on Monday

  • EU members to discuss Bosnia entry into Union

    Brussels, Belgium - A group of EU countries including Germany on Tuesday pushed for a green light to start membership negotiations...

    The EU's 27 leaders will debate at a summit on Thursday a proposal from the bloc's executive to launch the talks with the Balkan country

    Balkan country Bosnia has been an official candidate for membership since 2022 but needed to implement a string of major reforms