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Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

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.

UN agency for Palestinian refugees says Gaza carnage ‘simply must stop’

Israeli bombardment of Gaza has resulted in death of more than 10,800 people, majority civilians. (AFP)
  • "Razing entire neighborhoods to the ground is not an answer for the egregious crimes committed by Hamas," said the United Nations official.
  • "To the contrary, it is creating a new generation of aggrieved Palestinians who are likely to continue the cycle of violence. The carnage simply must stop," he said.

The United Nations has called for an end to the carnage afflicting war-torn Gaza during Israel’s military campaign, according to a top UN aid official’s comments released on Friday.

“The present course chosen by the Israeli authorities will not bring the peace and stability that both Israelis and Palestinians want and deserve,” Philippe Lazzarini, head of the United Nations’ agency for Palestinian refugees (UNRWA), wrote in a media opinion piece.

“Razing entire neighborhoods to the ground is not an answer for the egregious crimes committed by Hamas.

“To the contrary, it is creating a new generation of aggrieved Palestinians who are likely to continue the cycle of violence. The carnage simply must stop.”

Israel launched its offensive in Gaza after Hamas fighters poured across the border on October 7, killing 1,400 people across southern Israel, mostly civilians, and taking around 240 hostage.

More than 10,800 people, majority also civilians, have been killed in retaliatory Israeli strikes and fighting in the Gaza Strip, the health ministry in the Hamas-run Palestinian territory says.