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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.
  • Israel army announces 4 soldiers killed in Gaza, thousands more troops needed

    News of the soldiers' deaths came as Gaza's civil defence agency reported 38 killed Friday in Israeli attacks across the...

    News of the soldiers' deaths came as Gaza's civil defence agency reported 38 killed Friday in Israeli attacks across the territory

    The deaths bring to 429 the number of Israeli soldiers killed in Gaza since the start of the ground offensive in late October 2023

  • Israel army issues evacuation warning for parts of Gaza City

    "This is a final and urgent warning ahead of an impending strike," army spokesman Avichay Adraee said. The army "will strike...

    The evacuation order comes at the beginning of the Eid al-Adha holiday, one of the main religious festivals of the Muslim calendar.

    The Israeli military has recently stepped up its campaign in Gaza in what it says is a renewed push to defeat Hamas.

  • France opens ‘complicity in genocide’ probes over blocked Gaza aid

    Paris, France -- French anti-terror prosecutors have opened probes into "complicity in genocide" and "incitement to genocide" after French-Israelis allegedly...

    The two investigations, opened after legal complaints, were also to look into possible "complicity in crimes against humanity" between January and May 2024.

    They are the first known probes in France to be looking into alleged violations of international law in Gaza, several sources with knowledge of the cases told AFP.

  • Saudi, Egypt, UAE drive strategic moves across sectors and borders

    Saudi Arabia records the lowest Hajj attendance in three decades—outside the pandemic years—triggered by tighter visa restrictions; Special Envoy Zhai...

    Saudi Arabia marked World Environment Day 2025. The Kingdom hosted global leaders to spotlight land restoration and desertification.

    The UAE’s EDGE Group landed a $2.45 billion deal with Kuwait to supply offshore patrol vessels.

  • US slaps sanctions on four ICC judges over Israel, US cases

    The United States on Thursday imposed sanctions on four judges at the International Criminal Court including over an arrest warrant...

    The four judges in The Hague, all women, will be barred entry to the United States and any property or other interests in the world's largest economy will be blocked

    The court swiftly hit back, saying in a statement: "These measures are a clear attempt to undermine the independence of an international judicial institution

  • Hamas says ready for ‘serious’ Gaza truce talks, as rescuers say 37 killed

    Negotiator Khalil al-Hayya made the declaration in a speech marking the start of Eid al-Adha festivities, typically a joyous date...

    Negotiator Khalil al-Hayya made the declaration in a speech marking the start of Eid al-Adha festivities

    Talks aimed at brokering a new ceasefire have failed to yield a breakthrough since the last brief truce fell apart in March

  • Lebanon says dismantled ‘more than 500’ Hezbollah installations in south

    Under a November ceasefire agreement between Israel and Hezbollah, the Iran-backed militant group was required to pull its fighters out...

    In a televised address marking 100 days in office, Salam said his government was pressing ahead with reforms demanded by the international community

    Under a November ceasefire agreement between Israel and Hezbollah, Hezbollah was required to dismantle its military infrastructure south of the Litani

  • What is genocide and is it happening in Gaza?

    The accusation against Israel of genocide has been made with increasing force from quarters ranging from "Schindler's List" star Ralph...

    Israel's military offensive on Gaza since October 2023 has killed 54,677 people, mostly civilians, according to the health ministry in the occupied Palestinian territory.

    French-Israeli lawyer Omer Shatz said "there is no doubt that war crimes, crimes against humanity are being committed" in Gaza.

  • Syria says Israeli strikes ‘aimed at undermining’ stability

    Syria's Foreign Minister Asaad al-Shaibani condemned on Wednesday Israeli strikes in retaliation for overnight rocket fire, saying they were aimed...

    Israel bombed southern Syria after the military reported that two projectiles were fired into Israeli territory

    Two unknown groups claimed responsibility for the launches, while Syrian authorities denied responsibility

  • Israel arms exports to UAE, Bahrain, Morocco rise sharply after 2023

    Sales to countries considered part of the Abraham Accords -- the United Arab Emirates, Bahrain and Morocco who signed groundbreaking...

    Israel's defense ministry said that its arms exports hit an all-time high of more than $14.7 billion in 2024, despite international criticism of ongoing Gaza onslaught.

    A majority -- 56.8 percent -- of the deals signed were "mega-deals" valued at at least $100 million each, the ministry said, adding that "operational achievements" in the Gaza war.