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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.
  • Children in war-scarred Idlib kick off their own World Cup

    Idlib, Syria— More than 300 children in rebel-held northwest Syria kicked off their own football World Cup on Saturday, with organizers...

    Ibrahim Sarmini of the NGO Violet, which organized the tournament, said children aged 10 to 14 have been training for months to take part in the "camps World Cup"

    The Idlib region is home to about three million people, around half of them displaced

  • Turkey carries out air strikes in Syria, hitting several towns

    A week after the deadly Istanbul bombing, which Ankara blamed on the Kurdistan Workers' Party (PKK), Turkey carried out air...

    Turkey considers the Kurdish People's Protection Units (YPG) -- the main component of the SDF -- an extension of the outlawed PKK

    Both the PKK and the YPG have denied any involvement in the Istanbul attack, in which six people were killed

  • GAL-AMMROC, GMF ink pacts

    The pact were inked during the B20 Summit in Bali, Indonesia.

    The pacts will allow AMMROC to expand its MRO capabilities and consolidate its status as a key enabler of a sustainable domestic defense sector in the UAE.

    The cooperation will further expand to the joint promotion of the N219 and NC212 aircraft in the Middle East and Africa markets.

  • ‘Most APEC members condemn war in Ukraine’

    Asia-Pacific leaders added their voices to international pressure on Russia over its invasion of Ukraine, issuing a summit statement saying...

    The summit communique was agreed by all APEC members, including Russia and China.

    Apart from substituting the name of the organization, the statement was word-for-word the same as a G20 declaration.

  • UK blames Iran for ‘spreading bloodshed’ from Mideast to Kyiv

    Vowing to work with allies in order to counter Tehran, Britain's foreign minister has blamed Iran for "spreading bloodshed. Ukraine...

    The growing criticism comes as Iran grapples with mass protests -- the biggest in years -- following the death in September of 22-year-old Mahsa Amini

    On Monday, the EU hit more than 30 senior Iranian officials and organizations with sanctions over Tehran's crackdown on protesters and the supply of drones to Russia

  • Xi, Harris meet briefly, call for US-China communication

    The meeting came after the United States said it was looking for China to do more to rein in its...

    Harris spoke to the Chinese leader as they entered a retreat in Bangkok during a summit of the Asia-Pacific Economic Cooperation (APEC) forum

    The vice president reinforced Biden's message that "we must maintain open lines of communication to responsibly manage the competition between our countries."

  • GCC, Bangladesh ink MoU to strengthen economic cooperation

    The MoU was inked on the sidelines of the 18th edition of Manama Dialogue 2022.  

    The MoU was inked on the sidelines of the 18th edition of Manama Dialogue 2022

    The GCC is a regional, intergovernmental, political, and economic union

  • Blinken to visit Doha to launch US-Qatar Strategic Dialogue

    Washington, US— US Secretary of State Antony Blinken will travel to Qatar on November 21 to launch the fifth annual...

    State Department Spokesperson Ned Price said in a statement that Blinken will meet with senior Qatari officials

    The statement added that the US top diplomat will also "recognize Qatar's important contribution to international sports diplomacy as it hosts the World Cup

  • GCC renews commitment to strengthen ties with EU

    Manama, Bahrain—The Gulf Cooperation Council (GCC) has stressed the importance of strengthening ties between the GCC and the European Union...

    During the meeting, a number of issues of common interest were reviewed, and GCC-EU relations were reviewed

    The file of free trade negotiations between the two sides was also reviewed, and the importance of inviting technical teams to review their developments

  • Qatar emir praises Russia for ‘cooperation’ in preparing World Cup

    Two days before the start of the World Cup, Qatar's emir Tamim bin Hamad Al-Thani in a call with Russia's...

    Diplomats say Russia has largely been frozen out of preparations since its February invasion

    No senior Russian officials are expected in Doha for the World Cup, but top US diplomat Blinken starts a two-day visit on Monday, the state department said