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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.
  • Netanyahu eyes hostage breakthrough as Gaza families mourn victims

    His comments lifted hope for a new ceasefire in the devastating conflict in the Palestinian territory, after US President Donald...

    His comments lifted hope for a new ceasefire in the devastating conflict in the Palestinian territory, after Trump said he hoped a truce could be sealed within a week

    Netanyahu said that after his country's recent "victory" over Iran in their 12-day war, "many opportunities have opened up... first of all, to rescue the hostages."

  • Iran voices ‘serious doubts’ over Israel commitment to ceasefire

    "We have serious doubts over the enemy's compliance with its commitments including the ceasefire, we are ready to respond with...

    The 12-day war erupted on June 13, when Israel launched a bombing campaign in Iran that killed top military commanders and scientists linked to its nuclear programme

    The fighting derailed nuclear talks between Iran and the United States, which later joined its ally Israel's campaign with strikes on Tehran's nuclear facilities

  • Iran voices ‘serious doubts’ over Israel’s commitments, including the ceasefire

    Iran also writes to the UN chief to recognize the Israeli regime and the United States as the "initiators of...

    According to Iran's health ministry, at least 627 civilians were killed and 4,900 injured during the 12-day war with Israel.

    Retaliatory missile attacks by Iran on Israel killed 28 people, according to Israeli authorities.

  • G7 to exempt US multinationals from global minimum tax

    The deal will see US companies benefit from a "side-by-side" solution under which they will only be taxed at home,...

    Nearly 140 countries struck a deal in 2021 to tax multinational companies, an agreement negotiated under the auspices of he Organization for Economic Co-operation and Development.

    That agreement, deeply criticized by Trump, includes two "pillars," the second of which sets a minimum global tax rate of 15 percent.

  • Israeli forces kill 37 Gazans, including nine children, some of them waiting for food aid

    Civil defense spokesman Mahmud Bassal said 35 people were killed in seven Israeli drone and air strikes in various locations,...

    He said the dead included three children who were killed in an air strike on a home in Jabalia, in northern Gaza.

    Bassal said at least six more children died in a neighborhood in the northeast of Gaza City, including some in an air strike near a school where displaced people were sheltering.

  • Morocco’s Atlantic gambit: linking restive Sahel to ocean

    Dubai, UAE -- A planned trade corridor linking the landlocked Sahel to the Atlantic is at the heart of an...

    The "Atlantic Initiative" promises ocean access to Mali, Burkina Faso and Niger through a new $1.3-billion port in the former Spanish colony.

    The Moroccan initiative aims to "substantially transform the economy of these countries" and "the region", said King Mohammed VI when announcing it in late 2023.

  • AI is learning to lie, scheme, and threaten its creators

    In one particularly jarring example, under threat of being unplugged, Anthropic's latest creation Claude 4 lashed back by blackmailing an...

    Meanwhile, ChatGPT-creator OpenAI's o1 tried to download itself onto external servers and denied it when caught red-handed.

    For now, this deceptive behavior only emerges when researchers deliberately stress-test the models with extreme scenarios.

  • Yemen’s Huthi rebels say fired missile at Israel

    Yemen's Iran-backed Huthi rebels said they fired a ballistic missile towards Israel on Saturday, in response to Israel's conduct towards...

    In Israel, warning sirens sounded in several areas, before the army announced the "missile was most likely successfully intercepted."

    It was the first missile launch against Israel announced by the Huthis since the June 24 ceasefire between Israel and Iran which followed their 12-day war

  • Iran holds state funeral for top brass slain in Israel war

    Iran held a state funeral Saturday for some 60 scientists and commanders killed in its war with Israel, after its...

    State television aired footage of thousands of black-clad mourners chanting "Death to America" and "Death to Israel" as they held aloft photographs of the dead

    "Boom, boom, Tel Aviv," read one banner, referring to the retaliatory missile fire launched by Iran against Israel during their 12-day war

  • Iran extends access to airspace for overflights after ceasefire

    Iran has expanded access to its airspace for international overflights following a ceasefire with Israel, though flight restrictions remain in...

    Flights to and from airports in the north, south and west of the country, including Tehran's Mehrabad and Imam Khomeini international airports, remained suspended

    The move comes after Iran reopened its eastern airspace on Wednesday, following a ceasefire that ended 12 days of fighting with Israel