Search Site

Trends banner

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.
  • Man held after claiming Umrah for queen

    The man, a Yemeni national, on Monday published a video clip of himself on social media at the Grand Mosque...

    In the clip, he held up a banner saying: "Umrah for the soul of Queen Elizabeth II, we ask God to accept her in heaven and among the righteous."

    The footage was widely circulated on Saudi social media, with Twitter users calling for the man's arrest.

  • UN says six Syrians die in attempt to reach Italy

    More than thirty people attempted the crossing on the vessel, with many of the survivors in an "extremely serious" state...

    The victims included two children aged one and two years old, a 12-year-old child and three more adults

    UNHCR says 1,200 people have lost their lives in the Mediterranean since the beginning of the year

  • Turkey tells Armenia to ‘cease provocations’ against Azerbaijan

    Armenian Prime Minister Nikol Pashinyan said 49 troops had died, making this the deadliest escalation since the two side fought...

    Turkey backed Baku in the 2020 conflict, supplying it with combat drones that helped Azerbaijan claw back large parts of the territory it lost in Nagorno-Karabakh

    Azerbaijan's defence ministry accused Armenia of "large-scale subversive acts" near the districts of Dashkesan, Kelbajar and Lachin on the border

  • GCC countries hail national reconciliation in Sri Lanka

    Abdulmohsen bin Khuthaila in his speech on the sidelines of an official debate on human rights in Geneva, said that...

    Abdulmohsen bin Khuthaila in his speech on the sidelines of an official debate on human rights in Geneva, said that the GCC backs all open and effective dialogue in Sri Lanka

    Addressing the 51st session of the Human Rights Council, Khuthaila also stressed that enhancing human rights is a collective responsibility

  • King Abdullah calls on UN, world to provide aid for refugees

    King Abdullah of Jordan met with the UN High Commissioner for Refugees Filippo Grandi at Al-Husseiniya Palace to discuss how...

    King Abdullah addressed global food security, and the international community’s obligation toward nations hosting millions of refugees

    Grandi said the UN agency would continue to support the Kingdom’s efforts, and encourage the international community to assist host countries facing increasing economic challenges

  • Bring IS relatives home from Syria: US CENTCOM to nations

    Al-Hol camp holds around 56,000 people -- mostly Syrians and Iraqis, but also around 10,000 who consist largely of wives...

    Syria's Kurds who run a semi-autonomous adminstration in northeast Syria have repeatedly begged countries to repatriate their citizens.

    But such calls, despite being echoed by the United Nations, have largely fallen on deaf ears, due to fears returnees might pose a security threat back home

  • President of Egypt to arrive in Qatar in boost to relations

    Signaling an improvement in their relations, Egypt’s President Abdel Fattah al-Sisi will arrive in Qatar for the first time since...

    In late March, Cairo said Qatar planned to invest five billion dollars in Egypt

    Cairo had joined Saudi Arabia and its Gulf allies, the UAE and Bahrain, in cutting ties with Doha in June 2017 over its support for the Muslim Brotherhood

  • UAE rejects Denmark’s extradition request for fraud accused Briton

    Dubai, UAE - A Dubai court on Monday rejected Denmark's extradition request for a Briton accused of robbing the Danish...

    "I can confirm that the request was denied on the grounds of insufficient information from Denmark," Kare Pihlmann, lawyer of the accused said.

    Danish Justice Minister Mattias Tesfaye has said that Copenhagen intends to appeal the decision by a court in Dubai, if the legal basis is sufficient.

  • Iran says ‘ready to cooperate’ with UN nuclear watchdog

    The International Atomic Energy Agency had said in a report it "cannot assure" the peaceful nature of Tehran's nuclear program....

    Tehran declares its "readiness to continue constructive cooperation with the IAEA", foreign ministry spokesman Nasser Kanani said, while pointing to the agency's "obligations".

    The IAEA has been pressing Iran for answers on the previous presence of traces of nuclear material at three undeclared sites.

  • Norway skeptical about EU proposal on gas price cap

    Norway, which has replaced Russia as Europe's leading supplier of natural gas, dashed the hopes of EU member states who...

    European energy ministers who met in Brussels said they were in favor of measures for combating soaring gas and electricity prices.

    European Commission has proposed a price ceiling on gas imported from Russia, several members called for a price ceiling on all gas bought by EU states.