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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.
  • Tigris: Iraq’s mighty river drying up

    Water scarcity hitting farming and food security are already among the "main drivers of rural-to-urban migration" in Iraq, the UN...

    This summer in Baghdad, the level of the Tigris dropped so low that people played volleyball in the middle of the river, splashing barely waist-deep through its waters

    Years of war have destroyed much of Iraq's water infrastructure, with many cities, factories, farms and even hospitals left to dump their waste straight into the river

  • UN summit returns in divided world

    After two years of pandemic restrictions and video addresses, the UN General Assembly is again asking leaders to come in...

    This year, Ukraine will be very high on the agenda. It will be unavoidable, top EU diplomat Josep Borrell told reporters in New York

    But UN Secretary-General Antonio Guterres has been urging leaders not to forget other priorities such as education, the topic of a special summit on Monday

  • France’s Macron to meet Iran’s Raisi for revival of nuclear accord

    The Biden administration says the deal remains the best way to restrict Iran's nuclear program but has been increasingly pessimistic...

    Macron will meet President Ebrahim Raisi on Tuesday on the sidelines of the UN General Assembly in New York and with US President Joe Biden the next day

    Raisi, in an interview with CBS News' "60 Minutes," said he was open to a "good" deal but pressed for guarantees from Biden that the US will not again leave the accord

  • Kuwait renews support for peace initiative in Yemen

    Kuwait has reiterated its support for a peaceful solution to the Yemeni conflict that can bring about peace and stability...

    The sentiment was conveyed by Kuwait's Foreign Minister Sheikh Dr. Ahmad Nasser Al-Mohammad Al-Sabah to US Special Envoy to Yemen Tim Lenderking in a meeting

    The US envoy informed the Kuwaiti top diplomat about the outcome of his recent trips to the region and the latest developments related to the situation in Yemen

  • Anti-terror probe of Tunisia opposition chief delayed

    Ennahdha categorically denies the claims that its leader, Rached Ghannouchi, and Tunisia's former prime minister Ali Laarayedh were involved in...

    Ghannouchi had arrived at the headquarters of the anti-terrorism centre on Monday afternoon for questioning

    In a statement released overnight, Ennahdha denounced the interrogation as "a flagrant violation of human rights."

  • OIC calls on UNSC to approve full UN membership of Palestine

    The Secretary-General called for mobilizing all political and legal efforts to implement a long-term international consensus on a lasting solution...

    The Secretary-General called for mobilizing all political and legal efforts to implement a long-term international consensus on a lasting solution to the Palestinian issue.

    The OIC Secretary-General stressed the need to continue pressure on the UN Security Council to take practical measures to implement its resolutions on Palestine

  • European Union pledges €364m in grants to Jordan

    The aid packages include supporting human development, civil society, governance, institutional development and green transition.

    The aid packages include supporting human development, civil society, governance, institutional development and green transition

    EU ambassador to Jordan Hadjitheodosiou said that the programme sets the priorities for cooperation between the two nations

  • Britain and the world bid adieu to Queen Elizabeth II

    Britain said farewell to Queen Elizabeth II at a historic state funeral attended by world leaders, before a ceremonial journey...

    The gun carriage - used at every state funeral since Queen Victoria's in 1901 - was drawn by 142 junior enlisted sailors in the Royal Navy.

    The thousand-year-old church's tenor bell tolled 96 times at one-minute intervals - one for every year of her life - and stopped a minute before the service began.

  • UN chief warns education becoming ‘great divider’

    UN Secretary-General Antonio Guterres warned Monday that unequal education was quickly dividing the planet as he sought to keep development...

    The UN chief called a special summit on education a day before world leaders meet for the annual General Assembly.

    Guterres appealed to all countries to prioritize increasing spending per student even amid question marks over the global economy.

  • UAE says global pacts can help face labor related challenges

    The UAE highlighted the significance of complying with international work standards and developing partnerships that empower countries to overcome the...

    The UAE said that it is important to guarantee the rights of employers and employees.

    Global cooperation would help in reducing inequality and discrimination that employees may be exposed to.