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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.
  • Israel, Turkish leaders to meet at UN next week

    Lapid's office said he would travel to New York on Monday night, ahead of an address to the General Assembly...

    Last month, Turkey and Israel announced the full restoration of diplomatic ties following years of strained relations

    Erdogan described a fence-mending visit to Ankara by Israeli President Isaac Herzog in March as "a turning point in our relations."

  • Iran police break up protests over women’s death with force

    Tensions spiked in northwest Iran after the death of Mahsa Amini in police custody, sparking off protests in the region....

    Her body was laid to rest in her hometown of Saghez, 460 kilometers (285 miles) from Tehran in northwestern Kurdistan province, on Saturday morning

    State television broadcast images on Friday purportedly showing her falling to the ground inside a large hall full of women while arguing with one of the female instructors

  • Activists thwarts offloading of Russian gas in Finland

    HELSINKI, FINLAND - Activists from environmental group Greenpeace blocked a shipment of Russian gas from unloading at a liquefied natural...

    The activists demanded Helsinki stop importing Russian gas after Russia's President Vladimir Putin invaded Ukraine more than six months ago.

    The director for the terminal's operator, Manga LNG, Mika Kolehmainen, said the action took place around 7:00 am (0400 GMT) at Tornio port.

  • Jebel Ali Free Zone propels automotive markets growth

    Jebel Ali Free Zone (Jafza), facilitated over 1.2 million metric tonnes (MT) from Dubai’s total volume of around 4.8 million...

    Jebel Ali Free Zone (Jafza) logistics infrastructure and global trade network have connected African, Asian and Middle Eastern traders to consumers globally.

    With companies from 70 countries and a workforce of nearly 8,000, Jafza’s infrastructure and trade volumes are an attraction for industry giants.

  • Saudi Arabia, Oman ministers discuss industrial cooperation

    Oman Minister of Commerce along with a delegation met Saudi Arabia Minister of Industry where the two discussed industrial cooperation...

    The two sides deliberated on Saudi Arabia's experience in managing and operating industrial cities.

    The two sides discussed Made in Saudi program and the financing aspects.

  • France sends latest nuclear shipment to Japan

    Two ships carrying reprocessed nuclear fuel destined for Japan set sail Saturday morning from northern France, an AFP photographer said,...

    MOX fuel is a mixture of reprocessed plutonium and uranium.

    Environmental activists have denounced the practice of transporting such highly radioactive materials, calling it irresponsible.

  • Biden warns against use of nuclear, chemical weapons

    US President Joe Biden has warned his Russian counterpart Vladimir Putin against using chemical or tactical nuclear weapons due to...

    Russian President Vladimir Putin has said that the war against his Western-leaning neighbor was proceeding according to plan.

    Moscow is facing fresh outrage from the West after the discovery of a mass grave outside the formerly Russian-occupied city of Izyum.

  • World Green Economy Summit to discuss food security

    The eighth World Green Economy Summit (WGES) will explore ways to improve global food security, sustainability of the food systems...

    WGES brings together global decision-makers and influencers to share their experiences to mitigate global food crises.

    The UAE plays a crucial role in addressing the issues relating to global food security.

  • UAE, Uruguay discuss cooperation in various fields

    Speaker of the UAE Federal National Council (FNC) Saqr Ghobash discussed with Uruguay's Minister of Livestock, Agriculture and Fisheries Fernando...

    The Speaker of the Federal National Council is leading a UAE parliamentary delegation on an official visit to Latin America from September 12 to 22.

    The 10-day tour includes Brazil, Uruguay, Paraguay and Colombia and aims to promote strategic partnerships with the UAE.

  • Xi, Putin look to challenge world order at regional summit

    But cracks in summit solidarity quickly appeared, with India's prime minister telling Putin it was "not the time" for the...

    Washington said remarks from Putin at the summit on addressing "concerns" about Ukraine from China and India increased pressure on Russia to end its military offensive

    The summit was put forward by the Kremlin as an alternative to "Western-centric organisations", at a time of increasing pressure on Moscow over Ukraine