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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.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

Saudi forces shoot down Houthi armed drone

    • OIC condemns the militia’s unending attacks as terrorism

    • Iran accused of providing rockets and missiles to Houthis

    Saudi air defenses shot down a Houthi drone close to the kingdom’s border in the southern city of Khamis Mushait, according to the Arab Coalition command.

    In a statement released on Saturday, the command said the booby-trapped unmanned aerial vehicle (UAV) was shot down over Yemeni air space just south of the Saudi border.

    The attack, according to the statement, was just the latest of the Iran-backed militia’s war crimes. On Friday, the Organization of Islamic Cooperation (OIC) condemned once again the militia’s unending attacks against the civilian populations and civilian facilities as a case of terrorism.

    OIC Secretary-General Yousef bin Ahmed Al-Othaimeen said blood is on the hands also of those who stand behind the Houthis and provide them with money and weapons.

    Iran has been accused by the Arab Coalition and Western nations of providing rockets and missiles that the Houthis are using against civilians in Yemen and Saudi Arabia.