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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 government grapples with fresh bout of protests

    The protests were fanned by fury over the restrictive dress rules for women, over which Amini had been arrested. But...

    Images posted on social media showed protesters threw stones at the official administration building and took down and burned the Iranian flag

    On Sunday, the vast majority of Iran's lawmakers -- 227 out of 290 -- urged the judiciary to apply "an eye for an eye" retributive justice amid the protests

  • UAE, Turkish FMs discuss food and energy security

    The two ministers also discussed prospects of bilateral cooperation and partnership between the UAE and Türkiye.

    The two ministers also discussed prospects of bilateral cooperation and partnership between the UAE and Türkiye

    Sheikh Abdullah congratulated Çavuşoğlu on the resumption of the grain-export deal through the Black Sea to international markets

  • Iran MPs demand ‘rioters’ face ‘eye for an eye’ justice

    The lawmakers also urged the judiciary to "deal decisively with the perpetrators of these crimes and deal with all those...

    The declaration, approved by 227 parliamentarians, comes as protests following the death of Mahsa Amini enter eighth week

    Amini died in custody in mid-September following her arrest by Tehran's morality police for allegedly breaching the country's dress code for women

  • UAE’s climate initiatives to benefit private sector

    The Gulf country will reveal the mechanisms for implementing its strategic initiative to achieve climate neutrality 2050, as part of...

    At COP27, the Gulf country intends to reveal the details for the mechanisms and pathways for implementing its strategic initiative to achieve climate neutrality 2050

    This is alongside a comprehensive assessment of the status and movement of sustainable financing solutions, including green bonds, says the UAE minister

  • Hamas arrests two in Gaza over firing rockets at Israel

    Gaza rulers Hamas arrested two people over firing rockets at Israel last week, a security source in the Palestinian enclave...

    Israel's army said rockets were launched Thursday from Gaza, the first such military action since three days of cross-border fighting in August.

    The incident prompted Hamas's internal security services to detain two people "directly related to the firing of four rockets", said a security source.

  • Financing for climate damages finally on COP27 agenda

    Countries least responsible for planet-heating emissions -- but hardest hit by an onslaught of weather extremes -- have been ramping...

    The issue was only added to the formal agenda to the UN's COP27 climate summit in the Egyptian resort town of Sharm el-Sheikh after two days of last-ditch negotiations.

    This "reflects a sense of solidarity and empathy for the suffering of the victims of climate induced disasters," Egypt's Sameh Shoukry, the COP27 president, said to applause.

  • Iraqi lawmakers consider bill to reinstate military conscription

    It would take two years after the passing of the law to fully restore conscription, Iraqi MP Watout said, adding...

    Service in the armed forces was mandatory in Iraq from 1935 up until 2003, when a US-led invasion toppled former dictator Saddam Hussein.

    The bill would pave the way for conscription of young men aged 18 to 35, for terms between 3 and 18 months depending on their education.

  • UAE, EU can jointly tackle challenges like climate change: Borrell

    Abu Dhabi, UAE - UAE and European Union discussed ways to enhance cooperation relations in multiple issues of mutual concern...

    Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs, met with Josep Borrell, Vice-President of the EU Commission.

    The two also reviewed the latest developments on the regional and international arenas, including the Ukranian crisis.

  • SCC approves proposals on Council’s establishment law

    SHARJAH, UAE - The Sharjah Consultative Council (SCC) approved several proposals submitted by the council's members on the Consultative Council...

    The session was chaired by Ali Mehd Al Suwaidi, Chairman of the Council

    The members discussed the proposed amendments in terms of the council's legislative and oversight role.

  • ‘UAE to reveal implementation map of Net Zero 2050 at COP27’

    Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said the UAE’s participation in the 27th session of...

    A UAE minister said the COP27 focuses on financing and ensuring equitable participation of developing countries in climate action efforts.

    She said the UAE will invite the world to participate in the efforts to spread and use renewable energy.