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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.
  • US intel says Iran nuclear sites not destroyed, only set back by a few months

    Trump rejected that claim on Tuesday, posting on his Truth Social account that “the nuclear sites in Iran are completely...

    Trump rebuffed that claim on Tuesday, posting on his Truth Social account that "THE NUCLEAR SITES IN IRAN ARE COMPLETELY DESTROYED!"

    White House Press Secretary Karoline Leavitt had previously confirmed the authenticity of the assessment but said it was "flat-out wrong".

  • Israel kills 46 Gazans waiting for aid as hostage families call for end to war

    Civil defense spokesman Mahmud Bassal told AFP that 21 people were killed and around 150 wounded by Israeli fire near...

    The territory of more than two million people is suffering from famine-like conditions after Israel blocked all supplies from early March to the end of May.

    France condemned what it called deadly "Israeli fire" against civilians in a statement from the foreign ministry apparently referring to the Netzarim corridor incident.

  • Oil slides, stocks rise as Iran-Israel ceasefire holds

    The main international and US oil contracts briefly bounced off their lows as Israel and Iran accused each other of...

    Prices were also brought down by Trump saying that China could continue to buy oil from Iran, in what appeared to be relief from sanctions Washington had previously imposed.

    There was also relief that Iran has refrained from closing the strategic Strait of Hormuz, a chokepoint for about one-fifth of the world's oil supply.

  • Iran says not seeking nuclear weapons but will assert ‘legitimate rights’

    As a fragile ceasefire with Israel took hold after 12 days of fighting that also included US strikes, Pezeshkian told...

    The war between the longtime regional foes saw Israel strike Iranian nuclear facilities and killed nuclear scientists and the country's top military brass.

    On Sunday, Israel's ally the United States launched unprecedented strikes of its own on Iranian nuclear facilities at Fordo, Isfahan and Natanz.

  • Pro-Palestinian protest leader details 104 days spent in US custody

    Mahmoud Khalil, one of the most prominent leaders of pro-Palestinian protests on US campuses, recounted his experience surviving 104 days...

    Khalil, a legal permanent resident in the United States who is married to an American citizen and has a US-born son, had been in custody since March facing removal proceedings

    "I shared a dorm with over 70 men, absolutely no privacy, lights on all the time," the 30-year-old said Sunday on the steps of Columbia University, where he was a graduate student

  • NATO summit seeks to keep Trump happy – and alliance united

    From meeting his spending demand to limiting the participation of Ukraine's President Volodymyr Zelensky, everything is being done to try...

    The overriding focus of the gathering - which kicks off with dinner hosted by the Dutch king - has been on keeping Trump happy after his return to power

    From meeting his spending demand to limiting the participation of Ukraine's President Zelensky, everything is being done to avoid chances of confrontation with volatile leader

  • ‘Unidentified’ drone hits Baghdad base: Iraq security officials

    An "unidentified" drone struck a military base in Baghdad early Tuesday while another fell in the west of the capital,...

    The first attack hit a radar system at the Taji base, causing only material damage, a security source told AFP.

    The strikes come hours after Iran launched missiles at a US military facility in Qatar in retaliation for the American bombing

  • Trump announces phased ceasefire to end conflict, Iran offers to halt strikes if Israel stops

    The adversaries had been swapping missile fire since Israel carried out surprise "preemptive" strikes against Iran on June 13, targeting...

    Trump had said the ceasefire would be a phased 24-hour process beginning at around 0400 GMT Tuesday, with Iran halting all operations. Israel would follow suit 12 hour later

    Abbas Araghchi suggested that Iran had already halted its operation at 4am Tehran time (0030 GMT) -- and wanted a simultaneous end in attacks from Israel as well

  • Iranian ballistic missiles target US base in Qatar, the largest in Middle East

    No casualties reported in the attack that came a day after the US attacked three key nuclear facilities in Iran....
  • EU seeks Gaza progress after Israel found in breach of cooperation deal

    Brussels, Belgium -- The EU said Monday that Israel must improve the humanitarian situation in Gaza or else face possible...

    The European Union's top diplomat, Kaja Kallas, said the bloc hopes to use a review of the EU-Israel Association Agreement to pressure Israel to ease suffering in Gaza.

    The bloc last month launched an audit of the EU-Israel deal, which forms the basis for trade ties, under one of its articles calling for respect of human rights.