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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.
  • UAE Foreign Minister makes phone call to Israeli PM

    Sheikh Abdullah bin Zayed thanked Prime Minister Lapid for the warm reception during his recent visit at the head of...

    Sheikh Abdullah bin Zayed thanked Prime Minister Lapid for the warm reception during his recent visit at the head of an official delegation to Israel

    UAE Foreign Minister commended the statement of Lapid before the UN General Assembly calling for a two-state solution to resolve Israeli-Palestinian conflict

  • Saudi Arabia’s crown prince named prime minister

    Saudi Arabia has for years sought to quell speculation over the health of the 86-year-old king, who has ruled the...

    The move effectively formalises power already wielded by Prince Mohammed, who has been the kingdom's de facto ruler for several years

    Prince Mohammed, who turned 37 last month, has been first in line to succeed his father as king since 2017

  • Iran arrests ex-president Rafsanjani’s daughter: news agency

    Hashemi, a former lawmaker and a women's rights activist, has had previous run-ins with the law in the Islamic republic....

    Iranians on Tuesday staged a 12th straight night of protests over the death of Mahsa Amini, 22

    The Kurdish woman died in the custody of Iran's notorious morality police, after her arrest for allegedly breaching the country's strict rules

  • Lebanon’s speaker asks Parliament to name new president

    The term of Michel Aoun expires at the end of October. The session will mark the first attempt by lawmakers...

    But it comes without any consensus on a replacement for Aoun amid a deadlock that has prevented the formation of a new government since outgoing one's man mandate expired May.

    With no compromise in sight among Lebanon's bitterly divided politicians, it may take several sessions of parliament before a president is finally named.

  • As Ukraine war grinds on, Saudi influence grows

    Saudi Arabia's unexpected role in brokering the release of foreign fighters detained in Ukraine was just the latest example of...

    The release of the 10 foreign fighters, including two from the United States and five from Britain, came alongside a broader prisoner-of-war swap, brokered by Turkey

    Expressions of gratitude for Saudi Arabia immediately poured in from Washington, London and beyond, with officials highlighting the personal involvement of Crown Prince

  • Iraq MPs to meet for first time since August violence

    Parliament said in a brief statement on Monday that votes on the resignation of the assembly's speaker, Mohammed al-Halbussi, and...

    Iraq's deeply divided political factions have failed to form a new government since inconclusive elections last October

    Iraq's standoff pits Sadr against the Iran-backed Coordination Framework, which includes lawmakers from the party of his longtime foe, ex-prime minister Nuri al-Maliki

  • Fresh violence breaks out in Libya, killing five

    Fighting late Sunday broke out between rival forces equipped with heavy weapons, with one group linked to the defense ministry...

    Libya's ambulance service reported five dead, including a 10-year-old girl, and 13 injured in Zawiyah, some 40 kilometers west of the capital Tripoli

    The fighting comes amid a political crisis between backers of rival Libyan PM Abdulhamid Dbeibah and Fathi Bashagha, whose administrations are vying for control of Libya

  • Tunisian mayor detained after fruit seller suicide

    Tunisia's interior ministry said Dridi, the fruit seller, had faced "serious family problems", claims his brother rejected in an interview...

    Mohamed Amine Dridi, 25, hanged himself on Saturday two days after the electronic scales he used on his fruit and vegetable stall were taken

    Dridi's suicide echoes the death of fruit seller Mohamed Bouazizi, a university graduate who set himself on fire in 2010

  • Leading Iran cleric calls on authorities to ‘listen to people’

    At least 41 people have been killed since the protests began on September 16, mostly protesters but including security forces,...

    The powerful 97-year-old cleric has long been aligned with the country's ultra-conservative establishment

    Demonstrators have taken to the streets of major cities across Iran, including the capital Tehran, for 10 straight nights since the death of Mahsa Amini

  • IAEA asks Russia, Ukraine to secure nuclear plant

    The head of the UN atomic energy watchdog - IAEA- said he was ready to continue talks in Ukraine and...

    Fighting around Ukraine's Zaporizhzhia nuclear power plant -- Europe's largest -- has raised fears of a nuclear disaster.

    The IAEA chief said that all efforts must be made in order to prevent a nuclear accident that would add tragedy to the suffering,