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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.

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.
  • Israel strike kills 3 Hizbollah-affiliated paramedics in Lebanon

    According to the Hizbollah-affiliated Islamic Health Committee, three volunteer paramedics died "due to a direct Zionist attack on an emergency...

    Israeli said it struck Hizbollah targets including "military compounds"

    Hizbollah and Israel have been exchanging near-daily fire since October 7

  • Macron’s leadership: A tale of arrogance and chaos

    Facing graft allegations, divisive remarks on NATO and Islam, and widespread protests, his presidency underscores challenges of governing in today's...

    Facing graft allegations, divisive remarks on NATO and Islam, and widespread protests, his presidency underscores the challenges of governing in today's geopolitical landscape.

    With Macron's leadership increasingly under scrutiny and his term limit approaching, France stands at a crossroads, questioning the future of its leadership and direction.

  • European Union slaps $1.9bn fine on Apple over violation of rules

    Brussels, Belgium - The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's...

    The $1.9 billion penalty is the third-biggest antitrust fine ever imposed by the European Commission

    The iPhone maker immediately vowed to appeal the first ever antitrust fine slapped on Apple by Brussels

  • Iran declares 41 percent voter turnout in key elections

    Tehran, Iran - Iran on Monday announced a turnout of 41 percent in last week's elections for parliament and a key...

    "Around 25 million people participated, with a turnout of 41 precent," Interior Minister Ahmad Vahidi told a press conference in Tehran.

    The vote was the first since nationwide protests broke out following the September 2022 death in custody of 22-year-old Mahsa Amini.

  • Western countries shelve plans to censure Iran at UN nuclear meet

    Western powers will not censure Iran over its lack of cooperation with the UN nuclear watchdog at its Board of...

    The issues include expanding its nuclear work, deactivating agency surveillance devices for monitoring Iran's nuclear program and barring senior inspectors.

    The so-called E3 group -- France, Germany and the United Kingdom -- initially planned to censure Iran for its lack of cooperation with the agency.

  • UNRWA head seeks General Assembly support after backlash

    The head of the UNRWA is set to defend his organization's work at the General Assembly, after crippling backlash over...

    The UNRWA's ability to carry out its mandate is "seriously threatened," Lazzarini said.

    The agency has been at the center of controversy since Israel accused about a dozen of its employees of involvement in the October 7 attack.

  • Diplomacy the ‘only way’ to end Israel-Hizbollah clashes: US envoy

    "A diplomatic solution is the only way to end the current hostilities" and achieve "a lasting fair security arrangement between Lebanon...

    Israel and Hizbollah movement have been exchanging near-daily fire since October, raising fears all-out conflict could spread across the region.

    Hochstein held talks with other senior officials including Prime Minister Najib Mikati and army chief Joseph Aoun in a push to halt violence along the border with Israel.

  • Israel destroys home of Palestinian accused of killing settlers

    Israel routinely demolishes the homes of Palestinians accused of carrying out attacks, arguing that such measures act as a deterrent, while critics say it...

    The apartment of Moaz al-Masry, who was killed by Israeli forces following the April 7 attack, was demolished in the early hours

    Masry, along with two others, was accused of shooting dead Israeli settler Leah Dee and her daughters Maia and Rina

  • UN says ‘delusional conspiracy theories’ behind global violence

    Geneva, Switzerland - The pernicious "'great replacement' conspiracy theories" spreading in many countries are "delusional" and racist and are directly spurring...

    United Nations High Commissioner for Human Rights Volker Turk also took aim at the "war on woke", which he stressed was "really a war on inclusion"

    Turk insisted that racially mixed and multicultural societies were not something to fear but should be seen as a benefit to people everywhere

  • US Vice President calls for ‘immediate ceasefire’ in Gaza

    Taking an unusually sharp tone, Harris demanded Israel "do more to significantly increase the flow of aid" into Gaza, where...

    Kamala Harris's comments on Sunday came as Washington led a push to lock in a truce before Ramadan

    According to a senior US official, Israel has broadly accepted the terms of proposal to pause the five-month-old war