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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.
  • Russia, Ukraine head to Istanbul for fresh peace talks

    Russian and Ukrainian officials will meet Monday in Istanbul to exchange their plans for how to end the three-year war,...

    Urged on by US President Donald Trump, Moscow and Kyiv have opened direct negotiations for the first time since the early weeks of Russia's invasion

    Russia says it will present a "memorandum" of its peace terms, having resisted pressure by Ukraine to send its demands in advance

  • Gaza rescuers say 31 killed near a US-backed aid site, Israel denies involvement

    Israel has faced growing condemnation over the humanitarian crisis in the war-ravaged Gaza Strip, where the United Nations has warned...

    Israel has faced growing condemnation over the humanitarian crisis in the war-ravaged Gaza Strip

    UN has warned the entire population faces the risk of famine after no aid was allowed to enter for more than two months

  • Egypt unveils plan for new desert city in latest megaproject

    The new city, named Jirian meaning "Flow" in Arabic, is part of Egypt's Nile Delta scheme, a massive agricultural initiative...

    The project is the latest in a string of megaprojects launched by President Abdel Fattah al-Sisi in recent years, including a new administrative capital east of Cairo.

    The project will feature luxury residences, 80-storey skyscrapers, international universities and hospitals, an eco-friendly hotel and commercial zones.

  • Saudi FM says blocking of West Bank delegation shows Israeli rejection of peace process

    Ministers from Saudi Arabia, Egypt, Jordan and Bahrain, along with the Arab League chief, had planned a trip to the...
  • Israeli gunfire kills 10, wounds over 100 near aid site in Gaza

    "At least 10 Palestinians were killed and more than 100 others... were wounded due to gunfire from Israeli vehicles towards...

    The dead and wounded were transferred to Nasser Hospital in Khan Yunis, he said.

    Israel has come under increasing international criticism over the dire humanitarian situation in the Palestinian territory.

  • How social media can ‘trigger’ eating disorders in young people

    Paris, France -- Social media can push vulnerable young people towards developing eating disorders by glorifying thinness and promoting fake,...

    Young women and girls are much more likely to suffer from illnesses such as anorexia, bulimia and binge eating disorder, though rates among men have been increasing.

    Research has shown the percentage of people worldwide who have had some kind of eating disorder during their lives rose from 3.5 percent in 2000 to 7.8 percent in 2018.

  • Arab ministers condemn Israel ‘ban’ on planned West Bank visit to meet president Abbas

    The ministers condemned "Israel's decision to ban the delegation's visit to Ramallah (on Sunday) to meet with the president of...

    Ministers from Saudi Arabia, Egypt, Jordan and Bahrain had been expected to take part alongside the secretary-general of the Arab League

    Israel had announced late Friday that it would not cooperate, effectively blocking the visit as it controls the territory's borders and airspace

  • Saudi top diplomat says ‘at vanguard’ of efforts to rebuild Syria after 14 years of civil war

    On a visit to Riyadh earlier this month, US President Donald Trump said he would lift US sanctions on Syria,...

    Prince Faisal had landed in the Syrian capital earlier, alongside an economic delegation on a visit to discuss ways to support Syria's war-ravaged economy, authorities said

    Saudi Arabia has been one of the most important regional supporters of Syria's new authorities, who took over after ousting longtime ruler Bashar al-Assad in December

  • Macron says abandoning Gaza ‘will kill’ West’s credibility

    French President Emmanuel Macron said on Friday that abandoning war-torn Gaza to its fate and giving Israel a "free pass"...

    "If we abandon Gaza, if we consider there is a free pass for Israel, even if we do condemn terrorist attacks, we will kill our credibility," Macron told defence forum in Singapore

    European Commission chief Ursula von der Leyen on Tuesday denounced attacks in the past days on civilian infrastructure in Gaza as "abhorrent" and "disproportionate."

  • UN declares Gaza the hungriest place on earth, says entire population risks famine

    Negotiations to end nearly 20 months of war have so far failed to achieve a breakthrough, with Israel resuming operations...

    Negotiations to end nearly 20 months of war have so far failed to achieve a breakthrough, with Israel resuming operations in Gaza in March, ending a six-week truce

    Thousands of Palestinians rushed into a Gaza Humanitarian Foundation centre on Tuesday, as Israel implemented a new distribution system that bypasses the UN