Search Site

Trends banner

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.
  • 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.

  • ‘Five including four police officers killed in Iran’

    Four Iranian police officers and one "terrorist" have been killed in separate incidents in the strife-torn country, state media and...

    Iran has been rocked by over seven weeks of nationwide protests over the death of 22-year-old Kurdish Iranian woman Mahsa Amini.

    Amid the wider unrest, clashes have rocked Sistan-Baluchistan province, which borders Pakistan and Afghanistan.

  • COP27 summit opens as world races against climate clock

    Just in the past few months, climate-induced catastrophes have killed thousands, displaced millions and cost billions in damages across the...

    The COP27 summit will focus like never before on money. Developing nations have "high expectations" for the creation of a dedicated funding facility to cover "loss and damage"

    The most conspicuous no-show will be China's Xi Jinping, whose leadership was renewed last month at a Communist Party Congress.

  • UAE, Jordan ministers discuss global, regional issues

    Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi met with UAE Minister of Foreign Affairs...

    The meeting between the two ministers was held on the sidelines of the Sir Bani Yas Forum in Abu Dhabi.

    The ministers highlighted the progress on joint projects and cooperation programs adopted by UAE and Jordan.

  • Six displaced Syrians killed in regime rocket strike: monitor

    According to the Observatory, the rocket fire came the day after five Syrian forces members died in shelling by a...

    The war monitor said more than 30 rockets exploded in several areas, including the camps, west of the city of Idlib in Syria's northwest

    The Idlib region is home to about three million people, they are among the millions displaced internally and abroad by the war in Syria since 2011

  • Ahead of COP27, Germany criticizes Egypt for its human rights record

    The German government's human rights commissioner, Luise Amtsberg, urged summit host Egypt to release jailed dissident Alaa Abdel Fattah, currently...

    "Assuming global responsibility also means, above all, assuming responsibility for the protection of human rights," said Amtsberg.

    Rights groups estimate that some 60,000 political prisoners are behind bars in Egypt, many of them in brutal conditions and overcrowded cells, accusations Cairo rejects.

  • Israeli army kills Palestinian teen in West Bank

    Ramallah, Palestinian Territories— Israeli forces shot dead an 18-year-old Palestinian on Saturday near Ramallah in the occupied West Bank, the Palestinian...

    The Israeli army said soldiers responded to "a report about stone hurling toward a highway" that had caused damage "to a number of cars"

    Its forces on Thursday killed four Palestinians, including an alleged attacker in Israeli-annexed east Jerusalem and the West Bank

  • Iran tests rocket capable of sending satellites into space

    Three months after launching a satellite with the help of Russia, Iran has announced the successful test flight of a...

    The Ghaem-100 rocket was manufactured by the aerospace organization of the Islamic Revolutionary Guard Corps and it is the country's first three-stage solid-fuel satellite launcher

    In August this year, another Iranian satellite, named Khayyam, was launched by Russia on a Soyuz-2.1b rocket from Baikonur Cosmodrome in Kazakhstan

  • Saudi, Australian ministers discuss trade, bilateral ties

    Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef met the Australian Assistant Minister of Industry for Manufacturing...

    The Saudi delegation’s visit to Australia also included participating in the International Mining and Resources Conference + EXPO (IMARC).

    The Saudi delegation highlighted initiatives to develop the industrial sector.