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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 says talks with US unlikely to ‘lead to any outcome’

    US Secretary of State Marco Rubio said that Iran could have civilian nuclear power while importing enriched uranium but that...

    "We don't think it will lead to any outcome. We don't know what will happen," said Khamenei during a speech, adding that denying Iran's right to enrich uranium was "a big mistake".

    Iran currently enriches uranium to 60 percent, far above the 3.67-percent limit set in the 2015 deal and close though still short of the 90 percent needed for a nuclear warhead

  • EU to lift all economic sanctions on Syria to help the war-torn country

    EU countries agreed Tuesday to lift all their remaining economic sanctions on Syria in a bid to help the war-torn...

    The move from the European Union comes after US President Donald Trump announced last week that Washington was lifting its sanctions against Syria.

    The country's new rulers have been clamouring for relief from the crushing international punishment imposed after Assad's crackdown on opponents

  • US asking countries for ‘voluntary’ Palestinian relocation: Rubio

    Israel has again warned the population of Gaza -- nearly entirely displaced since the war broke out over the October...

    President Donald Trump has repeatedly mused about displacing Gaza's two million people to make way for reconstruction.

    Responding to a question in testimony to the Senate Foreign Relations Committee, Rubio said: "There's no deportation."

  • UK halts trade talks with Israel, summons envoy over Gaza

    Foreign Secretary David Lammy accused Israeli Prime Minister Benjamin Netanyahu's government of "egregious actions and rhetoric" over its expansion of...

    Lammy said Britain "cannot stand by in the face of this new deterioration" in Gaza and was pausing negotiations with Israel on a new free-trade agreement.

    Israel was the country's 44th-largest trading partner last year, with the two countries exchanging 5.8 billion pounds ($7.8 billion) in goods and services.

  • Israel will ‘take control of all’ of Gaza, says Netanyahu as WHO warns of famine risk

    After more than two months of a total blockade, the World Health Organization issued a stark warning on the humanitarian...

    In southern Gaza, the Israeli military issued an evacuation call to Palestinians in and around Khan Yunis city ahead of what it described as an "unprecedented attack".

    Two million people are "starving" in the Gaza Strip, with the deliberate blocking of aid driving up the risk of famine, the World Health Organization chief warned.

  • Joe Biden diagnosed with aggressive prostate cancer

    Former US president Joe Biden has been diagnosed with an "aggressive" form of prostate cancer that has spread to his...

    US President Donald Trump, who has long derided political rival Biden over his cognitive abilities, said he was "saddened" by the news

    Prostate cancer is the most common form of cancer in men, with the American Cancer Society reporting one in eight men in the US are diagnosed with it

  • Trump to hold call with Putin in push for Ukraine truce

    Trump also said he would speak to Ukrainian President Volodymyr Zelensky and NATO officials, expressing hope that a "ceasefire will...

    Trump had vowed during the US election campaign to halt the conflict within a day of taking office, but his diplomatic efforts have so far yielded little progress

    Delegations from Russia and Ukraine held direct negotiations in Istanbul last week for the first time in almost three years, but the talks ended without a commitment to a ceasefire

  • Israel to allow food into Gaza after two month blockade

    The announcement came hours after the military said it had begun "extensive ground operations" in a newly intensified campaign in...

    The announcement came hours after the military said it had begun "extensive ground operations" in a newly intensified campaign in Gaza

    Last week US President Donald Trump, a critical ally, acknowledged that "a lot of people are starving", adding "we're going to get that taken care of."

  • Israel army announces ‘extensive ground operations’ in ramped-up Gaza campaign

    Since a two-month ceasefire collapsed in March as Israel resumed its offensive, negotiations mediated by Qatar, Egypt and the United...

    Israel has faced increasing pressure to lift its aid blockade, as UN agencies warn of critical shortages of food, clean water, fuel and medicine.

    The UN had warned of the risk of famine in Gaza long before the aid blockade was imposed.

  • Saudi airline resumes first Iran hajj flights since 2015

    Riyadh, Saudi Arabia -- A Saudi airline has resumed flights for Iranian hajj pilgrims to the kingdom for the first...

    Flynas is a budget airline based in Saudi Arabia, which operates domestic and international routes.

    Officials stressed that the flights were not commercial and were only for the hajj pilgrimage.