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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.
  • 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.

  • French PM leads delegation to Algeria as ties improve

    French Prime Minister Elisabeth Borne starts a visit to Algeria with a top-level delegation, pushing for better ties with the...

    Ties between the North African country and France had seen months of tensions after Macron last year questioned Algeria's existence as a nation before the French occupation.

    The French PM is expected to sign deals on economic cooperation, including energy.

  • Two security members killed in Iran protests: State media

    A wave of unrest has rocked Iran since the 22-year-old Kurdish woman died on September 16 after her arrest by...

    The street violence has led to dozens of deaths, mostly of protesters but also members of the security forces.

    A member of the Basij force was killed Saturday night "after suffering a serious head injury following an armed attack by a mob" in the south of the capital, IRNA said.

  • Israel launches manhunt for east Jerusalem checkpoint attacker

    Hours after two Palestinian teenagers were shot dead in an Israeli raid in the occupied West Bank, Israeli troops were...

    Police cordoned off the area near the checkpoint and dozens of officers had been deployed at the entrance and exit of east Jerusalem

    Two reporters were wounded Wednesday while covering a military operation near the West Bank city of Nablus, in which one Palestinian was killed

  • Kuwait puts off first parliament session until mid-October

    Kuwait City, Kuwait— Kuwait has decided to postpone the convening of the first parliament session after elections to Oct. 18,...

    The Gulf state’s crown prince re-appointed Sheikh Ahmed Nawaf Al-Sabah as prime minister on Wednesday and later approved a new Cabinet following legislative polls

    The government has not taken the constitutional oath because of the objection of more than 40 members of parliament

  • Iran extends temporary prison release of US citizen

    Siamak's brother, Babak Namazi, said in a statement Saturday that Iranian authorities had granted his sibling a further three-day furlough...

    Former UNICEF official Baquer Namazi has been held in Iran for years along with his elderly father under convictions for espionage, allegations they both deny

    The younger Namazi was granted release from prison after his father, who was serving his sentence under house arrest, was allowed to travel to Abu Dhabi for medical treatment

  • Tunisia coastguard struggles to rein in migrant boats

    Tunis--As dawn breaks over the Mediterranean, Tunisian coastguards intercept a flimsy craft packed with migrants, bringing their dream of reaching...

    The North African country, just 130km from Italy's Lampedusa island, has long been a launchpad for people fleeing violence and poverty across the continent.

    The demand has created one of the few thriving new industries in Tunisia: clandestine boat manufacture.

  • Iraq economic growth hampered in absence of government, budget

    It remains without not only a new government but a budget too, obstructing much-needed reforms and infrastructure projects in the...

    The government can't invest that money without an annual state budget, which Mustafa al-Kadhemi is not authorised to submit to parliament in his capacity as caretaker PM.

    Former finance minister Ali Allawi, who had prepared a reform plan that never materialised, blamed the "political framework" for obstructing progress.

  • Britain says no energy crisis as people brace for blackouts

    Britain, however, relies on gas to create a large proportion of electricity and is therefore particularly exposed to the soaring...

    Households face possible rolling three-hour power cuts if imports run extremely low, the nation's power operator National Grid warned

    A blackout would be more drastic than EU plans for an energy-saving initiative this year to help its member nations survive winter season