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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.
  • Yemen rebels announce first civilian death in US-UK strikes

    The Houthis, who control war-torn Yemen's most populated areas, have previously reported the death of 17 of their fighters in...

    One person was killed and eight wounded, the Houthis' official news agency said late on Sunday, a day after US and British forces said they fired on 18 targets across the country

    US-British strikes were in response to dozens of Houthi drone and missile attacks on Red Sea shipping since November, which the rebels say are in solidarity with Palestinians

  • Attack on Rafah would be ‘nail in coffin’ of Gaza aid: UN chief

    Speaking before the UN Human Rights Council in Geneva, Antonio Guterres said that Gaza's southernmost city, where more than 1.4...

    UN chief lamented that despite his urgent calls for the UN Security Council to take all measures to "end the bloodshed in Gaza and prevent escalation", it had failed to act

    The comments of UN chief came after Netanyahu on Sunday reiterated that his country was intent on a ground invasion in Rafah, in its bid for "total victory" over Hamas

  • Qatar ruler to arrive in Paris for discussions on Gaza

    The gas-rich country has emerged as the key player in mediation between Israel and Hamas to agree a truce in...

    It will be his first state visit to France since he became emir of the hugely influential emirate in 2013

    The discussions between the two leaders will focus on "ongoing efforts to obtain a ceasefire in Gaza"

  • US airman dead after self-immolating outside Israeli embassy

    The shocking act was an escalation of recent protests across the United States against Israel's actions in Gaza. Washington last...

    US media reported that the man livestreamed himself on Twitch, wearing fatigues and declaring he will "not be complicit in genocide" before dousing himself in liquid

    The man lit himself on fire while yelling "Free Palestine!" until he fell on the ground, he was transported to hospital with "critical life threatening injuries", officials said

  • Gaza deal won’t affect Israel’s Hizbollah fight: Gallant

    Negotiations have been underway to strike a possible deal for Hamas to release hostages and pause the fighting in the...

    Gallant said he would assess how Israel was combating increased Hizbollah activity

    10 Israeli soldiers and six civilians have been killed in the north since October 7

  • WTO launches US$50m fund for women entrepreneurs in developing countries

    ABU DHABI, UAE - The director general of the World Trade Organization, Ngozi Okonjo-Iweala, on Sunday launched a $50 million fund...

    The director general of WTO said the "ground-breaking initiative... embodies our collective commitment to empower women".

    The fund will help businesses run by women in developing countries to adopt digital technologies and increase their online presence.

  • Body of Israeli soldier killed in Hamas attack held in Gaza, say campaigners

    JERUSALEM - An Israeli soldier seized by Hamas fighters during their October 7 attack was killed the same day and...

    During the October 7 attack, Palestinian fighters abducted around 250 Israelis and foreigners to the Gaza Strip.

    Around 130 are still held captive there. This includes 31 who are believed dead, among them six soldiers.

  • Hawkish economic approach on China has bipartisan support in US, say analysts

    WASHINGTON, US  - In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards...

    Despite differences between Democrats and Republicans, analysts expect Washington's approach to Beijing will only become tougher.

    Biden has largely maintained Trump-era tariffs, rolled out export control restrictions to curtail China's ability to buy and make certain high-end chips.

  • Trump notches up another win in race for Republican nomination

    Trump completed a sweep of the first four major nominating contests, converting a year of blockbuster polls into a likely...

    US president Joe Biden reacted to the South Carolina result with a brief written statement warning Americans of "the threat Donald Trump poses to US future"

    Trump had won Iowa by 30 points and New Hampshire by 10, while a dispute in Nevada led to the real estate tycoon running unopposed in the first official contest in western US

  • G7 vows more Russia sanctions after virtual talks on Ukraine

    In a statement after the meeting, which Ukrainian President Volodymyr Zelensky also attended, the leaders vowed to "raise the cost"...

    G7 expressed concern about the transfer by Chinese businesses of weapon components

    The group demanded that Russia "fully clarify the circumstances" around the death of Alexei Navalny