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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.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.
  • Iran fires back at Israel after onslaught targets nuclear facilities

    Air raids sirens and explosions rang out across Israel after Prime Minister Benjamin Netanyahu took to the airwaves to warn...

    Air raids sirens and explosions rang out across Israel after Prime Minister Benjamin Netanyahu took to the airwaves to warn he expected "several waves of Iranian attacks."

    Smoke could later be seen billowing above the skyscrapers in downtown Tel Aviv, an AFP journalist reported, as Iran's Revolutionary Guard said it had attacked dozens of targets

  • Nations advance ocean protection, vow to defend seabed

    UN Ocean Conference wrapped up Friday with world leaders taking major steps toward marine protection and vowing a showdown when...

    The summit was just the third -- and largest yet -- dedicated entirely to what the United Nations calls an "emergency" in the world's oceans.

    More than 60 heads of state and government joined thousands of business leaders, scientists and environmental campaigners over five days in the southern city of Nice.

  • Iran calls Israeli strikes ‘declaration of war’ amid international calls for restraint

    Trump warns Tehran that the "next planned attacks" will be "even more brutal" and said Iran should cut a deal...

    Top brass killed included the head of Iran's Revolutionary Guards, Hossein Salami, and the chief of staff of its armed forces, Mohammad Bagheri.

    Trump said Israel fully informed him of its raids ahead of time, but insisted the United States was not involved.

  • Nuclear states spent $100 billion on atomic arsenals in 2024, say ICAN

    ICAN said Britain, China, France, India, Israel, North Korea, Pakistan, Russia and the United States together spent nearly $10 billion...

    ICAN said Britain, China, France, India, Israel, North Korea, Pakistan, Russia and the United States together spent nearly $10 billion more than in 2023

    The United States spent $56.8 billion in 2024, followed by China at $12.5 billion and Britain at $10.4 billion, ICAN said in its flagship annual report

  • US still wants talks with Iran on Sunday: US official

    Washington, United States - The United States still hopes to hold talks Sunday with Iran, even after Israel launched a...

    The official had no further information on whether Iran had agreed to the talks

    Oman had earlier planned talks Sunday involving Steve Witkoff, President Donald Trump's friend

  • MENA brief Jun 13: Prince Salman to skip G7 meet, OpenAI in funds talks with PIF

    In the financial sector, Fitch Ratings has projected a notable uptick in mergers and acquisitions within Saudi Arabia’s insurance industry....

    Qatar’s real estate sector recorded transactions exceeding QAR 1 billion in the first five days of June, driven by strong demand for residential and commercial assets.

    Morocco emerged as North Africa’s financial leader, with six of the region’s top 20 listed firms based in the country.

  • Israel says Hamas ‘weaponising suffering in Gaza’ as aid workers killed

    Israel charged on Thursday that Hamas was "weaponising suffering in Gaza" after a US and Israeli-backed charity accused the Palestinian...

    The distribution of food and basic supplies in the blockaded and war-ravaged Gaza has become increasingly fraught and perilous

    Asked to respond to the GHF accusation, the Hamas government media office in Gaza said GHF was a "filthy tool" of Israeli forces

  • Israel strikes Iran’s nuclear sites, kills top generals; Tehran, Iraq shut airspace, casualties reported

    Israel's operation struck at the "heart of Iran's nuclear enrichment programme", taking aim at the atomic facility in Natanz and...

    Israel's operation struck at the "heart of Iran's nuclear enrichment programme", taking aim at the atomic facility in Natanz and nuclear scientists

    Iranian state media said residential buildings in Tehran were also hit, killing a number of civilians including women and children

  • Flames and smoke in aftermath of crashed India passenger jet

    While officials initially said everyone aboard was feared dead, state health official Dhananjay Dwivedi told AFP later that one passenger...

    Air India's flight 171 -- a Boeing 787-8 Dreamliner bound for London's Gatwick Airport -- crashed shortly after takeoff around 0810 GMT.

    The passengers included 169 Indian nationals, 53 British, seven Portuguese, and a Canadian. Two pilots and 10 cabin crew were also aboard.

  • UN to vote on calling for unconditional Gaza ceasefire

    Like the text blocked by Washington to protect its Israeli allies, the draft resolution before the General Assembly calls for...