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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.
  • UN probes allegations of Egypt ‘surveillance’ at COP27

    SHARM EL SHEIKH, EGYPT - United Nations officers running security at the COP27 climate summit in Egypt said Monday they...

    Participants at COP27 - including activists, rights defenders, and civil society groups - have raised cases of "surveillance" during the summit.

    A German diplomatic source said a complaint was lodged with Egypt as the delegation "felt we were being watched."

  • UAE, Indonesian Presidents to enhance bilateral relations

    SOLO, INDONESIA - President Sheikh Mohamed bin Zayed Al Nahyan and President Joko Widodo of Indonesia held talks aimed at...

    The meeting came as part of the UAE President's working visit to Indonesia to participate in the G20 Leaders' Summit.

    The two Presidents exchanged views on several regional and international issues of common concern.

  • China expects improvement in relations with US after Xi-Biden meet

    Beijing, China— China said on Monday it hopes a meeting between President Xi Jinping and his American counterpart Joe Biden ahead...

    Xi arrived in Bali on Monday afternoon on only his second overseas trip since the pandemic, after a visit to Kazakhstan and Uzbekistan in September

    Biden earlier said he was hoping to set "guardrails" for relations between the world's two largest economies as they vie for international primacy

  • Day after Istanbul explosion, Erdogan arrives at Indonesia G20

    Turkish President Recep Tayyip Erdogan said before he departed Turkey that the "vile attack" that killed at least six people...

    The explosion tore through a busy Istanbul shopping street on Sunday, killing six and wounding dozens

    Turkey's interior minister has blamed the Kurdistan Workers' Party (PKK) for the explosion

  • Lawyer of Egypt’s jailed activist denied access for second time

    Cairo, Egypt— The lawyer for Egypt's jailed hunger-striker Alaa Abdel Fattah said Sunday he had been denied access to his client...

    Alaa Abdel Fattah's family says they fear for his life, and have made appeals to the international community, particularly Britain, where Abdel Fattah gained citizenship this year

    A few world leaders have raised his case with Egyptian President Abdel Fattah al-Sisi in bilateral meetings during the climate talks

  • Racism or Arab Bias? Western media’s heartburn over FIFA World Cup Qatar 2022

    Even as serious rights violations -- including corruption, human trafficking, racism and discrimination -- persist across Europe and US, Western...

    Even as serious rights violations -- including corruption, human trafficking, racism and discrimination -- persist across Europe and US, Western world opts to focus on Qatar

    European nations project themselves as guardians of humanity and take great pride in sermonizing to others but do not do much to fix flaws in their own backyards

  • Israeli president asks Netanyahu to form government

    Israel's veteran ex-premier Benjamin Netanyahu secured a mandate to form a new government, paving the way for his comeback at...

    The 73-year-old right-wing politician widely known as "Bibi" vowed to serve all Israelis.

    Netanyahu, who is fighting corruption allegations in court, will have at least 28 days to build a coalition with his allies.

  • G20 health, finance ministers agree to launch US$1.4bn pandemic fund

    The G20 health ministers have agreed to establish a pandemic fund.

    The fund will be commonly used to fix the health system and close the budget gap for the following five years.

    Up to 20 donor countries and three philanthropists have expressed willingness to contribute to the effort to raise "pandemic fund" totaling US$1.4 billion.

  • Bahrain sees record voter turnout in general elections

    Manama, Bahrain—At least 73 percent of voters have turned out to cast ballots in the 2022 Bahrain general election, the...

    The elections, according to Bahrain News Agency, went smoothly across the kingdom and the eligible voters used the right of franchise

    The minister said that the success of the record turnout was a culmination of the democratic progress led by His Majesty King Hamad bin Isa Al Khalifa since 2002

  • Jordan King and UK PM meet to discuss strategic relations

    London, UK— King Abdullah of Jordan and UK Prime Minister Rishi Sunak have met in London to discuss the development...

    The king expressed Jordan’s keenness to advance its friendly ties with the UK and bolster cooperation in the political, economic and defense fields

    He told the British PM that Jordan would continue to safeguard Islamic and Christian holy sites in Jerusalem under the Hashemite Custodianship