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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.

  • UAE bolsters air cargo industry with launch of ‘CARDS’ data platform

    Abu Dhabi, UAE--The General Civil Aviation Authority (GCAA) has launched the Cargo Data Reporting System (CARDS), which provides a range of technical services to government entities, national airlines, ground handling agents and express service providers.CARDS is the first platform of its kind to provide an analytical view of air cargo...

  • Israel seals home of Palestinian behind Jerusalem shooting

    Israel announced a slew of steps late Saturday, including revoking the rights to social security of "the families of terrorists that support terrorism".It also announced that the home of 21-year-old Khayri Alqam, who was shot dead by police following Friday's attack, "will be sealed immediately ahead of its demolition".

  • Facial recognition helps GCC banks verify, curb frauds

    The new technology is the most accurate form of identity verification since biometric data is incredibly hard to fake or replicate, and faces cannot be lost, says an expert.

  • UAE payments industry expected to reach $14 billion by 2030

    The UAE's payments industry, like several other countries in the world, suffered an impact far less severe than initially anticipated due to the Covid-19 pandemic, rising by 17 percent to $8.4 billion from 2015 to 2020, a report has said. The Boston Consulting Group (BCG) report, "Global Payments 2021: All...

  • Eazy, Discover partner to expand card acceptance

    Discover and Diners Club International and network alliance cardholders can use cards at all ATMs in Bahrain Eazy Financial's upcoming First National cards customers can access Discover Global Network A recent tie-up between Eazy Financial Services and Discover is expected to enable Discover and Diners Club International and network alliance...