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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.
  • Syria FM says wants to ‘strengthen relations’ with China

    Syrian Foreign Minister Asaad al-Shaibani expressed on Monday his government's willingness to build a "strategic partnership" with China, a key...

    A foreign ministry statement said that Shaibani met with the Chinese ambassador to the United Nations, Fu Cong, at UN headquarters in New York

    In the meeting with Beijing's envoy, Shaibani said the two countries "will work together to build a long-term strategic partnership in the near future

  • Abu Dhabi launches $500mn maternal health fund for Africa

    Nairobi, Kenya -- A $500-million fund aimed at improving maternal and neonatal health in sub-Saharan Africa was launched Tuesday in...

    The Beginnings Fund brings together philanthropists including the Gates Foundation and the Mohamed bin Zayed Foundation for Humanity, run by the UAE president.

    It set a deadline of 2030 to reach the $500-million target and has already reached $450 million in pledges, organizers said in a statement.

  • UN rights chief demands world act to stop Israel’s Gaza ‘catastrophe’

    "As the complete blockade of assistance essential for survival enters its ninth week, there must be concerted international efforts to...

    It halted aid deliveries to Gaza on March 2, days before the collapse of a ceasefire that had significantly reduced hostilities after 15 months of war.

    Supplies are dwindling and the UN's World Food Programme last Friday said it had sent out its "last remaining food stocks".

  • UN ‘alarmed’ by US strikes in Yemen that Huthis say killed 68 migrants

    The United Nations expressed deep alarm on Monday at reports that US strikes on Yemen killed scores of people at...

    The US military has hammered the Iran-backed Huthis with near-daily strikes since March 15 in an operation dubbed "Rough Rider."

    Huthi-controlled media said the latest strikes on the movement's stronghold of Saada killed at least 68 people, all Africans

  • Amnesty accuses Israel of ‘live-streamed genocide’ against Gaza Palestinians

    Paris, France - Amnesty International on Tuesday accused Israel of committing a "live-streamed genocide" against Palestinians in Gaza by forcibly...

    In its annual report, Amnesty charged that Israel had acted with "specific intent to destroy Palestinians in Gaza, thus committing genocide."

    Israel has rejected accusations of "genocide" from Amnesty, other rights groups and some states in its war in Gaza

  • Putin orders three-day ceasefire; Zelensky slams it as manipulative ahead of Victory Day

    Before Putin's announcement, US Secretary of State Marco Rubio held new talks with Russian counterpart Sergei Lavrov, having declared that...

    Before Putin’s announcement, US Secretary of State Rubio told Lavrov this week is critical for peace efforts

    The Kremlin said Putin had ordered a "ceasefire" for the 80th anniversary of Victory Day from May 8 to May 10

  • Brazil calls for Israeli withdrawal from Gaza at BRICS ministers’ meet

    The meeting comes at a critical moment for the world economy after the International Monetary Fund this week slashed growth...

    "The resumption of Israeli bombardments and the continued obstruction of humanitarian aid are unacceptable," Brazilian Foreign Minister Mauro Vieira said.

    The BRICS grouping has expanded significantly since its 2009 inception, and now includes Iran, Egypt, Indonesia, Ethiopia and the United Arab Emirates.

  • China says on ‘right side of history’ in trade standoff with US

    Since returning to the presidency in January, US President Donald Trump has imposed 10 percent tariffs on most US trading...

    The US, China said, "play cards out of thin air, bully and go back on their word", condemning Washington's "unilateralism and bullying."

    Beijing, however, has vowed to fight a trade war "to the end" and denied US claims it is in talks with Washington

  • Trump thinks Zelensky ready to give up Crimea to Russia

    US President Donald Trump said he believed Ukrainian President Volodymyr Zelensky was ready to concede Crimea to Russia as part...

    Trump also stepped up pressure on Vladimir Putin, saying the Russian president should "stop shooting" and sign an agreement to end the grinding war

    Trump's comments came a day after he met Zelensky during the funeral of Pope Francis, breaking the ice after a major row between the US and Ukrainian leaders at the White House

  • Khamenei orders probe into port blast as Iran’s nuclear talks, regional tensions simmer in background

    The New York Times quoted a person with ties to Iran's Islamic Revolutionary Guard Corps, speaking on condition of anonymity...

    His instructions came after President Masoud Pezeshkian visited the blast scene in Shahid Rajaee Port near the strategic Strait of Hormuz

    Defence ministry spokesman Reza Talaei-Nik later told state TV that "there has been no imported or exported cargo for military fuel or military use in the area."