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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.
  • US backs two-state solution in call to Palestinian leader

    US Secretary of State Anthony Blinken reaffirmed Washington's commitment to a two-state solution to the Israeli-Palestinian conflict in a phone...

    The election result in the Jewish state came against the backdrop of soaring violence between Israel and the Palestinians.

    US Secretary of State Anthony Blinken in a phone call with Palestinian President Mahmoud Abbas also discussed efforts to improve the quality of life for the Palestinian people.

  • Iranians stage new protest actions despite crackdown

    Iranian students protested and shopkeepers went on strike despite a widening crackdown, according to reports on social media, as demonstrations...

    As the working week got underway, security forces adopted new measures to halt protests at universities in Tehran.

    An official in Kerman province admitted the authorities were having trouble quelling the protests that erupted after Amini's death on September 16.

  • Iran admits it had sent drones to Russia before the war

    Iran admitted for the first time that it has sent drones to Russia, but insisted they were supplied to its...

    Ukraine and its Western allies have accused Russia of using Iranian-made drones in recent weeks to carry out attacks.

    The European Union and UK have imposed sanctions on three Iranian generals and an arms firm accused of supplying Russia with drones.

  • FANR highlights its robust nuclear safeguards regime

    UAE's Federal Authority for Nuclear Regulation (FANR) has recently participated in the 14th Symposium on "International Safeguards: Reflecting on the...

    The symposium in Austria aims to reflect on the experience gained and lessons learned over the past six decades of implementation of nuclear safeguards.

    It also tries to verify that member states are honoring their international legal obligations to use nuclear material and technology only for peaceful purposes.

  • Turkey says Finland, Sweden must ‘take steps’ before NATO approval

    Ankara has accused the two Nordic nations of providing a safe haven for outlawed Kurdish militants it deems "terrorists" and...

    Finland and Sweden dropped decades of military non-alignment and scrambled to become NATO members after Russia invaded Ukraine

    All 30 NATO member states except Turkey and Hungary have ratified the accession of Sweden and Finland

  • Italy allows migrant rescue ship dock for health checks

    Rome, Italy— Italy will allow an NGO ship carrying 179 migrants rescued in the Mediterranean to dock so medics can carry...

    More than 1,000 migrants are currently aboard rescue boats trying to reach Europe, and Italy has faced mounting pressure to let humanitarian ships dock

    Germany sent a diplomatic note to Italy on Thursday asking its government to provide rapid help

  • Difference between Netanyahu and Lapid is the one between Pepsi and Coca Cola: Palestinian PM

    During his brief premiership, Lapid adopted a more conciliatory approach, approving a modest increase in the number of Israeli work...

    The difference between Netanyahu and Yair Lapid is like the difference "between Pepsi and Coca Cola," said Palestinian prime minister Mohammad Shtayyeh

    Netanyahu's previous terms in office saw what little remained of the Middle East peace process collapse in a surge of Israeli settlement expansion in the occupied West Bank

  • G7 calls on oil-rich countries to up production for taming price rise

    Increasing production should help "decrease volatility in energy markets" caused by the war in Ukraine, G7 foreign ministers said in...

    The G7 also said it intends to finalise "in the coming weeks" the implementation of a Russian oil price cap mechanism.

    Rising prices for energy in the wake of the Russian invasion of Ukraine, have driven a global surge in inflation and weighed on economic activity.

  • UAE’s FNC members discuss cooperation with German Parliament

    Members of the UAE-EU Parliamentary Friendship Group of the Federal National Council (FNC), headed by Sarah Mohammed Falkinaz, Chairperson of...

    The two sides affirmed the importance of strengthening their parliamentary cooperation.

    They also discussed relations between the UAE and Germany and of enhancing them in science, health, higher education.

  • COP27 must shift from talk to action says UN climate chief

    The upcoming COP27 climate summit in Egypt must mark a leap from the process of hammering out a treaty to...

    Diplomats from nearly 200 countries are gathering in the Red Sea resort for the November 6-18 conference.

    The US and the European Union - fearful of creating an open-ended reparations framework - have dragged their feet.