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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.
  • Tunics & turbans: Afghan students don Taliban-imposed uniforms

    Kabul, Afghanistan - Since the start of the school year in March, Afghan boys have been required to wear new uniforms of turbans and long tunics, following an order to adopt outfits reflecting Taliban rule. The Taliban government's education ministry cites strengthening discipline, masking social inequalities and promoting what the...
  • Empowering women can drive economic growth in GCC region

    Many countries in the region have invested in education and provided better access to technology-related fields, resulting in women graduating with engineering degrees at higher rates than more technologically advanced countries such as the US, the UK, and Japan.
  • Arab women embrace technology, innovation

    Initiatives such as STEM and Women in Tech are crucial in bridging the gender gap and empowering women to drive innovation, adds Noha Kadry, Regional Program Manager at Red Hat Academy.
  • UAE highlights ways to enhance education system at UK meet

    DUBAI, UAE - A UAE group highlighted its technological programs and initiatives aimed at boosting the educational system and reviewed cutting-edge educational technology (EdTech) solutions in UK.The group took part in the education technology exhibition and conference – the British Educational Training and Technology Show – (Bett) held in London...
  • Millions rely on humanitarian assistance for survival

    “Human life in any circumstance is precious. It is God’s gift and therefore deserves to be nurtured and lived to the fullest. With our Zakat Appeal this year, we are fostering hope for a better tomorrow, not only for refugees and vulnerable people but for all of us,” adds the...
  • Egypt and World Bank agree US$7bn, five-year partnership

    Cairo, Egypt--The World Bank has approved a new $7 billion partnership agreement with Egypt for 2023-2027 with a focus on boosting private sector jobs, provision of better health and education services, and adaptation to climate change.The Country Partnership Agreement (CPF) will entail $1 billion per year from the International Bank...
  • Iraq to hold first provincial elections in a decade on Nov 6

    The provincial councils, created by the 2005 constitution following the fall of Saddam Hussein's regime, carry relatively significant power in federal Iraq, including allocating the budgets for health, transport and education.
  • Conflict may get us before climate, warns Professor Rangan

    A multi-plural world that embraces diversity and contradictions is crucial for peaceful coexistence free of conflicts, Prof Subramanian Rangan of INSEAD tells TRENDS.
  • UAE, Russia to enhance cooperation in economic, technology sectors

    Moscow, Russia -  The UAE and Russia have agreed to enhance cooperation in the fields of innovation, environment, and education to promote sustainable economic growth.This was decided during the 11th UAE-Russia Joint Committee meeting focusing on the economic and technology sectors.The meeting was held in the Russian capital, Moscow, on...
  • In troubled Libya, young robotics fans see hope in hi-tech

    Libya has seen more than a decade of stop-start conflict since a 2011 NATO-backed revolt toppled strongman Moamer Kadhafi, with myriad rival militias, foreign powers and multiple governments vying for influence. The country remains split between a supposedly interim government in the western capital, Tripoli, and another in the east...
  • Empowering women open doors of possibility for communities to reach new heights: Sheikha Bodour

    The American University of Sharjah (AUS) President was taking part in an event, "Breaking the Glass Ceiling: Women in Business for a Sustainable Tomorrow," which is one of a series of events AUS is holding in celebration of International Women's Day under the theme "Embrace Equality."
  • Healthcare, education key focus of MENA: Amanat CEO

    The region will benefit from investment in training institutes for nursing and health professionals, Amanat Holding CEO Mohamed Hamade tells TRENDS during an interview.
  • China’s students use ChatGPT for homework, learning English

    Students are also using ChatGPT to bypass China's lucrative English language test prep industry, in which applicants learn thousands of words by rote with expensive tutors ahead of the exams needed to enter colleges in the United States, United Kingdom or Australia. "I didn't want to memorise word lists or...
  • QFFD, EAA sign pacts to back education drive in Asia, Africa

    Doha, Qatar-- In order to ensure education for children in the least developed countries of Asia and Africa, Qatar Fund for Development (QFFD) and the Education Above All Foundation (EAA) signed four Memorandum of Understandings (MoUs) with Senegal, Bangladesh, Liberia, and Burkina Faso.The four MoUs focus on opportunities to provide...
  • Severe punishment for people behind poisoning, says Iran

    Iran's Supreme leader Ayatollah Ali Khamenei said those behind the poisoning of schoolgirls in recent months should face "severe punishment", according to his website. In total, several hundred cases of gas poisoning have been reported in more than 52 schools across Iran since the end of November, according to an...
  • Gulf boardrooms lag in gender diversity

    The Middle East has made significant progress in advancing gender diversity in the workplace through measures such as generous parental leave policies and flexible working arrangements. While the progress is commendable, experts believe that there are still hurdles to overcome to ensure greater representation of women in executive and board...
  • World sees rise in demand for quality medical schools

    Global trends will always have an influence on medical education, and a good education will depend on a provider’s ability to fuse the traditional pillars of medical learning with the modern-day challenges faced in real-world situations – creating a well-round professional ready to step onto the frontline, she adds.
  • Private sector has potential to support govts, global organisations, says UNICEF Director

    “Large numbers of boys and girls being out of school since the pandemic, failing to resuming their education as quickly as we want is a huge issue for UNICEF. We want them in a journey from learning to earning as soon as possible so that they can have their bright...
  • UAE tops globally in tertiary education

    For the 12th year in a row, Switzerland leads the ranks on the Global Innovation Index. South Korea was the most innovative Asian country.
  • Qatar pledges to support Afghan people in search for rights

    Kabul, Afghanistan-- Qatar has renewed its pledge to Afghanistan to help the war-ravaged country in fields of education, development, politics, and economy.This was reiterated in a meeting between the visiting Special Envoy of the Minister of Foreign Affairs for Counterterrorism and Mediation in Conflict Resolution Dr. Mutlaq bin Majed Al...
  • Right educational system crucial to help students become an active partners in shaping UAE’s future

    “Increasing student competence in Arabic is a top priority; it's a crucial component of the UAE's national identity,” adds Sheikh Abdullah, who is also the Chairman of the Education and Human Resources Council, while highlighting the importance of keeping the standard of education system high.
  • UAE, Oman education ministers discuss cooperation in the sector

    MUSCAT, OMAN -  UAE Minister of Education Dr. Ahmad Belhoul Al Falasi and Oman Minister of Education Dr. Madiha bint Ahmed Al Shaibaniyah discussed advancing the cooperation between the two countries in the education sector.  The meeting was held in Muscat and aimed at boosting the coordination and cooperation between...
  • UAE takes part in Arab Inter-Parliamentary Union’s executive committee meetings

    CAIRO, EGYPT - The UAE Parliamentary Division of the Federal National Council (FNC) on Saturday took part in the 29th edition of the meetings of the Arab Inter-Parliamentary Union’s executive committee in Cairo.The UAE was represented by Naema Abdulrahman Al Mansouri, Head of the UAE Parliamentary Division at the Arab...
  • Top UN, NGO officials to meet over Taliban ban on women staff

    "A meeting of Humanitarian Country Team (HCT) is scheduled later today to consult and discuss how to tackle this issue," Tapiwa Gomo, public information officer for the UN Office for the Coordination of Humanitarian Affairs, told AFP.
  • GCC vows more cooperation to boost education

    The regional panel, during its fourth meeting in Riyadh, reviews the implementation of the strategic plan to improve educational institutions in the bloc and their needs.
  • PwC report confirms assertions of TOP CEO Conference experts: Skills help women get more jobs across MENA

    Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen advances in labor force participation, says the latest PwC report.
  • Technology, sustainability sectors among the most booming and awarded ones across GCC, says expert

    The three sectors help the regional economies grow and offer better life to people, Takreem founder Ricardo Karam tells TRENDS while discussing various topics, including awards
  • Supporting India’s G20 presidency is a priority for UAE, says Minister

    The UAE's Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan has said that the Gulf country is determined to forge a world where prosperity is commonplace.
  • European Education Area to take EU-UAE learning cooperation to the next level, says top official

    It will open opportunities for Emirati youth to study in European Union, further strengthening the existing people-to-people ties, adds Margaritis Schinas, Vice-President of the European Commission for “Promoting Our European Way of Life”, who was on an official trip to the UAE.
  • Private school operator Taaleem’s IPO oversubscribed 18 times

    Dubai, UAE---United Arab Emirates private school operator Taaleem Friday said it has set the price of  its Initial Public Offering (IPO) at AED3 per share ($0.8168), raising AED750 million ($204 million). Taaleem, which runs 26 premium schools in the UAE, will sell 250 million shares, equivalent to 25 percent of...
  • ADIB, ADGM to support growth needs of Abu Dhabi financial community

    Abu Dhabi, UAE -- Abu Dhabi Islamic bank (ADIB) and Abu Dhabi Global Market (ADGM) will collaborate to support the growth needs of the financial community of Abu Dhabi. They signed an agreement under which the ADIB will provide clients with ADGM licensed managers for Sharia compliant banking services and...
  • ‘Culture is prerequisite for peace in the world’

    A robust cultural and creative sector remains at the heart of the UAE’s growth strategy and to give it a further boost, the UAE has been rallying for the amplification of culture and arts education, she adds, while speaking at the fifth edition of the Paris Peace Forum in Abu...
  • 21 Saudi Universities figure in Times Higher Education list

    RIYADH, SAUDI ARABIA - The number of Saudi universities in the Times Classification of Specializations increased to 21 Saudi universities, compared to six universities in 2019, as per the latest edition of the ranking for the year 2023. Saudi universities are distinguished in 10 major disciplines out of the 11...
  • Oman’s CPI inflation rate rises 2.4 percent in September

    MUSCAT, OMAN - The inflation rate of Consumer Price Index in Oman reached 2.4 percent during September 2022. A monthly consumer price survey report by National Center for Statistics and Information said this. The report noted prices of education group increased by 5.1 percent, while prices of health group and...
  • Algeria boosts English tuition in blow to colonists’ French

    Language is a sensitive topic in the North African country, where French is still widely spoken six decades after independence that followed 132 years of colonial rule and a gruelling eight-year war." The French language is war booty, but English is the international language," President Abdelmadjid Tebboune told journalists in...
  • Cultural policy vital for diversified economy, says UAE Minister

    UAE Ministry of Culture and Youth participated in the UNESCO World Conference on Cultural Policies and Sustainable Development – MONDIACULT 2022, which took place in Mexico.
  • Qatar launches Tatween platform for job localization in private sector

    Qatar has launched a forum, Tatween Platform, on job localization in the private sector, with the participation of representatives of the regulators of priority sectors in the localization of jobs. Announcing the launch, labor minister Dr. Ali bin Saeed bin Smaikh Al Marri said the sectors involved are services, tourism...
  • Iraq invests in people, works on sustainable goals

    The challenges facing Iraq today are the result of long accumulations that we are working to dismantle and our hope for the aspiration of our society, of which youth make up the bulk of it, towards adhering to and defending democracy, as a way of life and mechanisms for good...
  • Arab youth prefer UAE over home country to live, work

    Key attractions in the UAE include economy, secure environment, rewarding salary packages, a wide range of job opportunities, and the wise leadership, says a survey.
  • Saudi Education Minister meets founder of edX platform in US

    Saudi Arabia's Minister of Education Dr. Hamad bin Mohammed Al AlSheikh has met with the leaders of edX platform at Boston University in the United States.
  • UN chief warns education becoming ‘great divider’

    UN Secretary-General Antonio Guterres warned Monday that unequal education was quickly dividing the planet as he sought to keep development on the agenda ahead of a week of diplomacy focused on global crises. The UN chief called a special summit on education a day before world leaders meet for the...
  • High-level UAE economic delegation visits Georgia

    A UAE economic delegation led by Minister of State Ahmed Ali Al Sayegh visited Tbilisi, Georgia.
  • UAE ranks 1st regionally in UNDP Human Development Report

    The UAE has ranked 26th globally and first in the Arab world in the 2021/2022 Human Development Report, which is published annually by United Nations Development Program (UNDP).
  • Louvre Abu Dhabi, NYUAD sign collaboration agreement in key areas

    Abu Dhabi, UAE -- Louvre Abu Dhabi and New York University Abu Dhabi (NYUAD) signed an MoU to collaborate in areas ranging from education, research, and talent development to performances and programmes. The MoU involves exchanges among faculty, staff, and students through programmes, events, and research projects; mutual access to institutional...
  • Four Saudi universities among top 100 international universities

    King Abdulaziz University achieved 4th place globally with 187 patents in one year.
  • UAE to deepen collaboration with India in education sector

    The UAE has agreed to deepen collaboration with India in the field of education, and in this regard the two countries have signed a Memorandum of Understanding (MoU) to "widen the scope of those engagement."
  • UNESCO recognizes Yanbu Industrial City as International Learning City

    According to the Ministry of Education, the learning cities project is implemented in partnership between its Continuous Education Department and Yanbu Royal Commission.
  • UAE approves code for education professionals

    The UAE Ministry of Education has approved the Code of Conduct for professionals in the sector to set up clear, public ethical standards, rules and principles of conduct.
  • Jordan PM refers to shared views in meeting with Kuwaiti minister

    Prime Minister of Jordan Dr. Bisher Khasawneh met Kuwaiti Minister of Information and Culture Abdul Rahman Al-Mutairi, who is in the Kingdom to head his country's delegation in the 21st Amman International Book Fair.
  • Saudi economy pins hope on female entrepreneurs

    Saudi women, who had begun with small projects, are now creating startups and setting up factories, highlighting drastic change in business environment in the Kingdom.
  • Jordan, GCC countries discuss higher education cooperation

    Joint Jordan-Gulf Cooperation Council (GCC) working group on the higher education held talks on cooperation and exchange of expertise at the Jordanian Ministry of Higher Education and Scientific Research headquarters in Amman.