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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.
  • US-backed group says it has begun aid distribution in Gaza

    A controversial US-backed aid group for Gaza announced Monday that it had begun distributing food in the war-ravaged Palestinian territory,...

    The Gaza Humanitarian foundation (GHF) said in a statement that it commenced operations in Gaza today, delivering truckloads of food to its Secure Distribution Sites

    The United Nations and international aid agencies have meanwhile said they will not cooperate with the GHF, amid accusations it is working with Israel

  • Israel strikes Gaza, kills 53 people as Witkoff says Hamas didn’t accept 70-day temporary ceasefire

    Hamas said Monday it had accepted a new ceasefire proposal by US envoy Steve Witkoff, presented by mediators, but a...

    Israel has in recent weeks expanded its offensive in the Gaza Strip, drawing international condemnation as aid trickles in following a monthslong blockade

    European and Arab leaders meeting in Spain over the weekend called for an end to the "inhumane" war, while humanitarian groups said the trickle of aid was not enough

  • Iran rejects push to suspend uranium enrichment to reach nuclear deal with US

    The issue has come into focus in recent weeks, with Iran staunchly defending its right to enrich uranium as part...

    The issue has come into focus in recent weeks, with Iran staunchly defending its right to enrich uranium as part of what it says is a civilian nuclear programme

    The negotiations, which began in April, are the highest-level contact between the two sides since the United States quit a landmark 2015 nuclear accord

  • Hamas accepts mediators’ latest Gaza ceasefire proposal

    The outline of the new potential deal was revealed as Israel ramped up its offensive in the Palestinian territory, and...

    "Hamas has agreed to the new proposal by US envoy Steve Witkoff, which the movement received from mediators," the Hamas source told AFP.

    The deal included "a 70-day truce in exchange for the release of 10 hostages in two batches, and during the truce, negotiations would begin on a permanent ceasefire.

  • Due to war, under 5 percent of Gaza cropland useable for farming: UN

    Paris, France -- Under five percent of Gaza's farmland is useable due to war, further exacerbating the risk of famine...

    By the end of April, more than 80 percent of the farmland was damaged and 77.8 percent was no longer accessible, leaving barely 4.6 percent of potentially arable land.

    Some 688 hectares (1,700 acres) is all that remains for cultivation, according to the assessment.

  • Trump slams ‘crazy’ Putin as Russia pummels Ukraine with massive drone attack

    US President Donald Trump called his Russian counterpart Vladimir Putin "crazy" on Sunday after Moscow launched a deadly barrage of...

    At least 13 people were killed when Russia launched a record number of drones against Ukraine overnight to Sunday

    Those killed in the latest Russian strikes included victims aged eight, 12 and 17 in the northwestern region of Zhytomyr, officials said

  • Turkey, PKK must both change for peace: former militant

    "When you try and explain peace to people, there is a very serious lack of trust," said Yuksel Genc, a...

    "The guerillas are sincere, but they don't think the state is," said Genc, her words briefly interrupted by the roar of a fighter jet flying overhead.

    For years, she was a fighter with the Kurdish rebel group, which on May 12 said it would disarm and disband, ending a four-decade armed struggle against the Turkish state

  • Israel’s US ambassador called home over interview remarks

    Jerusalem, Undefined - Israel's ambassador to Washington is being summoned home on the instructions of a government disciplinary body to...

    Ambassador Yechiel Leiter had accused opponents of Prime Minister Benjamin Netanyahu of levelling "blood libels" at the Israeli leader

    Leiter also dismissed as "insanity" claims that the premier was prolonging the war in Gaza to remain in power, adding: "How dare they say something as malicious as that?"

  • Syria’s new authorities to help locate missing Americans: US envoy

    Damascus, Syria -- Syria's new authorities have agreed to help the United States locate and return Americans who went missing...

    "The new Syrian government has agreed to assist the USA in locating and returning USA citizens or their remains," US special envoy for Syria Tom Barrack wrote on X.

    "The families of Austin Tice, Majd Kamalmaz, and Kayla Mueller must have closure," he added, referring to American citizens who had gone missing or been killed.

  • Spain hosts European, Arab nations to pressure Israel on Gaza

    Madrid will host 20 countries as well as international organizations with the aim of "stopping this war, which no longer...

    The meeting, which also includes representatives from the Arab League and OIC, will promote a two-state solution to the Israeli-Palestinian conflict.

    After the EU decided this week to review its cooperation deal with Israel, Albares said "we must consider sanctions, we must do everything, consider everything to stop this war"'.