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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.
  • Gazans suffer from hunger, displacement as war rages

    Palestinian Territories - At the Jabalia refugee camp in northern Gaza, Abu Gibril was so desperate for food to feed...

    The World Food Program said its teams reported "unprecedented levels of desperation" while the UN warned that 2.2 million people were on the brink of famine.

    On Friday, the health ministry in Hamas-run Gaza said a two-month-old baby died of malnutrition in hospital in Gaza City, seven kilometers away from Jabalia.

  • Israeli strikes kill dozens in Gaza as truce talks continue in Paris

    The negotiations come after a plan for a post-war Gaza unveiled by Israeli Prime Minister Benjamin Netanyahu drew criticism from...

    Hamas said on Saturday morning that Israeli forces had launched over 70 strikes on civilian homes in Deir al-Balah, Khan Yunis and Rafah.

    An Israeli air strike on Friday destroyed the Gaza home of well-known Palestinian comedian Mahmoud Zuaiter, killing at least 23 people.

  • NORAD fighters intercept high-altitude balloon over US

    WASHINGTON, US – A small balloon floating at a high altitude over the US state of Utah was intercepted by fighter...

    The US Federal Aviation Administration (FAA) "also determined the balloon posed no hazard to flight safety," according to NORAD.

    An unnamed US official told CBS News the balloon had a cube-shaped box about two feet long on each side hanging below it.

  • Pakistan greenlights construction of long-awaited Iran-Pakistan gas pipeline

    Tehran, Iran -  Pakistan has decided to link the gas pipeline from the country's Gwadar port city to the Iranian...

    According to Pakistani media, the country will expedite the project, which faced significant delays, in two phases

    Iran had previously given Pakistan a 180-day deadline until September 2024 to start completion of the pipe-laying work

  • US downs three Houthi drones, strikes anti-ship missiles

    Yemen's Iran-backed Houthis have been targeting shipping for months and their attacks have persisted despite repeated American and British strikes...

    CENTCOM said US forces destroyed "seven Iranian-backed Houthi mobile anti-ship cruise missiles that were prepared to launch towards the Red Sea."

    US Central Command said those strikes , carried out between 12:30 p.m. and 7:15 p.m. Sanaa time, were made in self-defense

  • US warns of environmental disaster from cargo ship hit by Houthi rebels

    The attack on the Rubymar represents the most significant damage yet to be inflicted on a commercial ship since the...

    Rubymar, British-registered and Lebanese-operated cargo ship was damaged in a Sunday missile strike claimed by the Houthis

    US Central Command said the ship is anchored but slowly taking on water and has left an 18 mile oil slick

  • Netanyahu plan for post-war Gaza draws US criticism

    The plan lays out that, even after the war, the Israeli army would have "indefinite freedom" to operate throughout Gaza...

    The new plan came after an Israeli delegation arrived in Paris hoping to "unblock" truce discussions

    Netanyahu's plan envisages civil affairs in a post-war Gaza being run by Palestinian officials without links to Hamas

  • WTO reforms essential to meet global challenges

    “Japan and the UAE will deepen their cooperation beyond traditional areas such as energy and the economy to include a...

    WTO’s 13th Ministerial Conference: Scheduled in Abu Dhabi, aims to address global challenges and reforms.

    Japanese Minister Yoko Kamikawa stresses the need for WTO to transform and tackle global issues effectively.

  • New Delhi confirms few Indians involved with Russian army

    New Delhi, India - India's foreign ministry confirmed on Friday that some of the country's citizens had signed up for...

    A newspaper reported on Wednesday that around 18 Indians were stranded in various border towns along the frontlines of Russia's war in Ukraine.

    Its report alleged that Indians had been conned by Dubai-based recruiters with promises of high wages and a Russian passport.

  • Israel plans to allow local Palestinians administer post-war Gaza

    "The plan states that Israel will move forward with its already-in-motion project to establish a security buffer zone on the...

    The proposal, which Netanyahu submitted to his security cabinet late Thursday, would also see the Israeli army persisting in its war on Hamas until it achieves key goals.

    Even after the war, the Israeli army would have "indefinite freedom" to operate throughout Gaza, according to the plan.