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.

Iranian jet fighter crashes, three killed, reports state TV

The transfer of the frozen funds from South Korea to Europe and later to Qatar was part of a deal that saw US and Iran exchange five prisoners last month. (AFP)
  • Jet fighter crashed in a residential area of the northwestern city of Tabriz
  • The head of the local Red Crescent said the jet smashed into a school

An Iranian military jet fighter crashed Monday in a residential area of the northwestern city of Tabriz killing three people, including two crew members, state television reported.

The head of the local Red Crescent said the jet smashed into a school, and that one of the dead was a resident of the neighbourhood. An investigation is underway, the state broadcaster said.