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Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

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.
  • 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

  • Gaza truce talks in Cairo as heavy fighting rages

    An Israeli siege on Gaza has sparked UN warnings of famine, and France's foreign ministry said Israel is "clearly responsible"...

    Envoys from the United States, Qatar and Hamas arrived in Cairo, Egyptian state-linked media reported Sunday, the latest effort towards a six-week truce

    But sticking points remained, including a Hamas demand that Israeli forces entirely withdraw from the Gaza Strip after almost five months of devastating war

  • Saudi Arabia to imprison, fine people for helping, employing illegal immigrants

    RIYADH, SAUDI ARABIA – The Directorate of Public Security stressed that anyone who facilitates the entry, transfer or employment of...

    The means of transportation used for bringing illegal immigrants will be confiscated.

    The housing unit used to shelter illegal immigrants will be confiscated, as per the law.

  • Polls for Iraq Kurd parliament postponed to June

    Iraqi Kurds announced that polls to elect a new parliament in the autonomous region would be held in June, after...

    Regional president Nechirvan Barzani signed the order for the elections to be held on June 10, a presidency statement said.

    In August last year, authorities announced polling would take place on February 25 after consultation with the parties.

  • Cargo ship sunk by Houthis poses environmental risk, says US military

    Yemen's government also said earlier Saturday that the ship which was departed UAE and was bound for the Bulgarian port...

    Houthis claimed the February 18 attack against the Rubymar, a cargo ship flying a Belizean flag and operated by a Lebanese firm, which transported combustible fertilizers

    US Central Command (CENTCOM) confirmed late Saturday that the vessel "sank in the Red Sea after being struck" by an anti-ship ballistic missile last month