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Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

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.
  • UAE, Serbian presidents discuss bilateral relations

    They also discussed opportunities to extend their cooperation within the framework of their comprehensive strategic partnership.

    They also discussed opportunities to extend their cooperation within the framework of their comprehensive strategic partnership

    They also reviewed various aspects of economic, commercial and political cooperation

  • Qatar denounce ‘smear campaigns’ against its human rights record

    European newspapers and rights groups have put a spotlight on Qatar's record in the runup to the tournament that starts...

    An editorial in the paper on Sunday hit out at the "lies, rumors and slander" written in Europe about Qatar's World Cup preparations.

    Editorials and cartoons in recent days have lambasted "smear campaigns" about Qatar's treatment of migrant workers and women.

  • Saudi Arabian delegation visits Oman, to enhance bilateral ties

    A Saudi Arabian delegation led by Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha is on a...

    A Saudi Arabian delegation led by Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha is on a visit to Oman.

    The Saudi delegation met with Oman's Minister of Transport, Communications and Information Technology Saeed Al-Mawali and Minister of Economy Saeed As-Saqri.

  • Algeria, France hail ‘new dynamic’ in economic ties

    The Algerian and French prime ministers hailed a "new dynamic" as they launched a joint economic forum during a visit...

    Borne and her delegation are the latest in a string of top European officials to visit Algeria.

    The two-day business forum was organized by the Algerian Chamber of Commerce and Industry and Business France, a government agency.

  • UAE president Sheikh Mohamed Zayed to visit Putin in Moscow

    Sheikh Mohamed bin Zayed Al-Nahyan "will discuss with President Putin the friendly relations between the UAE and Russia along with...

    Tuesday's visit will be Sheikh Mohamed's third foreign trip since officially taking the reins as president following the death of his brother Sheikh Khalifa bin Zayed Al Nahyan.

    The visit comes days after the Saudi-led OPEC oil cartel and its allies including Russia, known as OPEC+, decided to cut oil output in a bid to raise prices.

  • Trio win Nobel for banking’s role in economy, collapse prevention

    Ex-Fed chief Ben Bernanke together with Douglas Diamond and Philip Dybvig were honoured for having "significantly improved our understanding of...

    Bernanke, 68, the chair of the US Federal Reserve between 2006 and 2014, was highlighted for his analysis of "the worst economic crisis in modern history" -- the Great Depression.

    Diamond and Dybvig were in turn honoured for showing how "banks offer an optimal solution" for channelling savings to investments by acting as an intermediary.

  • Ukraine nuclear plant, Europe’s biggest, reconnected to grid

    The International Atomic Energy Agency (IAEA) said on Saturday that the plant -- Europe's largest nuclear power station -- had...

    The plant's six reactors are in cold shutdown, they require electricity for vital nuclear safety and security functions, including cooling

    Russian President Vladimir Putin ordered his government this week to take over operations at the power station in southern Ukraine

  • UN denounces ‘heinous killing’ of migrants in Libya

    Accusing smugglers of being behind the "heinous killing" of 15 migrants near the Mediterranean coastal city of Sabratha, the United...

    Libya was a key route for clandestine migration even before the 2011 uprising that overthrew dictator Moamer Kadhafi

    Since the start of the year, more than 14,000 migrants have been intercepted and returned to Libya, the International Organization for Migration said Monday

  • Germany investigates ‘sabotage’ on its rail framework

    Rail operator Deutsche Bahn blamed the travel disruptions on "sabotage", while Transport Minister Volker Wissing spoke of "a targeted and...

    Important communications cables were cut at two sites on Saturday, forcing rail services in the north to be halted for three hours.

    Police have said the investigation into Saturday's incident is still wide open and they have not publicly mentioned any suspects.

  • Qatar to hike Jordanian food imports during World Cup

    Qatar plans to hike its imports of Jordanian food products during FIFA World Cup Qatar 2022 as demand is expected...

    Qatar relies heavily on Jordanian market for vegetables and fruits.

    Volume of Jordan-Qatar trade during the past 10 years amounted to over US$3.17 billion.