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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

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.
  • EU queries Meta about ad-free subscriptions, shadow banning

    BRUSSELS, BELGIUM - The EU on Friday used new regulatory powers to query Meta about ad-free subscriptions to Facebook and Instagram as...

    The European Commission made a request for information under the mammoth content moderation law known as the Digital Services Act (DSA).

    The EU has launched probes under the DSA to quiz platforms on how they are addressing concerns from consumer protection to children's activity online.

  • Hamas says Israeli military action kills 7 hostages in Gaza

    Hamas said that seven more hostages seized during its unprecedented attack on southern Israel on October 7 had died because...

    Hamas seized around 250 Israelis and foreigners during the October 7 attack on southern Israel.

    A spokesman for the UN agency OCHA told reporters that "if something doesn't change, a famine is almost inevitable" in Gaza.

  • Leftist Galloway wins MP seat in UK amid anti-Semitism allegations

    London, UK- Controversial left-wing firebrand George Galloway was elected to the UK parliament on Friday after tapping into anger over the...

    Galloway, 69, first became an MP in 1987 and will return to the House of Commons for the first time since 2015 after winning the seat of Rochdale.

    Galloway put the Gaza conflict front and center of his campaign in Rochdale, north of England, which has a 30 percent Muslim population.

  • UN warns famine in Gaza almost inevitable unless war changes

    The UN and other humanitarian actors have not yet declared a state of famine in Gaza, despite worsening conditions in...

    "We have to look at what more and more voices, more and more loudly, are saying about the food security situation across the Gaza Strip, in particular in the north," said Laerke.

    Laerke cited the near-total closure of commercial food imports, the "trickle of trucks" coming in with food aid, and the "massive access constraints" to moving around inside Gaza.

  • Global criticism of Israel after ‘massacre’ of Gazans lining for food

    Global condemnation flowed after Israeli forces in war-ravaged Gaza opened fire as Palestinian civilians scrambled for food aid during a...

    Iran denounced "the barbaric attack by the Zionist regime", China said it was "shocked", and head of the Arab League said the "brutal" act showed "total contempt for human life".

    Saudi Arabia strongly condemned what it called the "targeting" of unarmed civilians, while Kuwait and the UAE also issued condemnations.

  • France calls for ‘independent probe’ into killing of Palestinians receiving aid in Gaza

    Paris, France--France wants an independent inquiry into the deaths of scores of Palestinians during an aid delivery in the northern Gaza...

    French foreign minister said there will have to be an independent probe to determine what happened

    The foreign minister said that France would not apply "double standards" to the Mideast conflict

  • UAE and Russia look to deepen parliamentary cooperation

    Abu Dhabi, UAE-- The UAE and Russia have held talks to enhance the parliamentary cooperation between the two countries.In this...

    The meeting between the two addressed the role of parliamentary diplomacy in supporting efforts to promote security and peace in the region

    The officials also discussed the 10th BRICS Parliamentary Forum, to be held in the city of St. Petersburg, Russia, from 10th to 11th July, 2024

  • Former US ambassador to plead guilty to spying for Cuba

    Rocha additionally faces a lawsuit filed Thursday in Florida by the widow of Cuban dissident Oswaldo Paya. She alleges Rocha...

    Victor Manuel Rocha, 73, was held in December for what US officials called "one of the highest-reaching and longest-lasting infiltrations of the US government by a foreign agent

    Rocha, a naturalized US citizen originally from Colombia, allegedly began aiding Havana as a covert agent of Cuba's General Directorate of Intelligence (DGI) in 1981

  • Split over Gaza and Ukraine, G20 meeting ends in discord

    Brazil's Finance Minister Fernando Haddad told a news conference in Sao Paulo that it was "impossible" to reach a final...

    The group is divided over Gaza, with the US and allies reluctant to condemn Israel

    A French official insisted that Russia should be named as the aggressor in Ukraine

  • WTO ministers struggle to forge deals as talks go into overtime

    ABU DHABI, UAE – World trade ministers were locked in disagreement Thursday on fisheries subsidies, agriculture and digital customs duties as...

    The meeting opened with disagreements between the body's 164 member states on key issues that dominated the agenda of the talks.

    They include fisheries subsidies, agriculture and a moratorium on customs duties for digital transactions.