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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

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.
  • UAE exhorts UNESCO members to join COP28 ‘climate efforts’

    Paris, France-- The UAE has made a fervent appeal to members of the United Nations Educational, Scientific and Cultural Organization (UNESCO) to join the country and its group of friends to lead climate efforts on the occasion of the UAE hosting COP28 in Expo City Dubai from 30th November to...
  • Russia spreading disinformation on Middle East situation, says Microsoft

    Paris, France - Russia has been spreading "disinformation" about the situation in the Middle East, the president of Microsoft said on Saturday, as tensions soar in the region due to the Israel-Hamas war.Brad Smith, Microsoft vice chair and president, was asked about the role of the US tech giant in promoting...
  • Saudi delegation takes part in Riyadh Expo 2030 symposium in Paris

    PARIS, FRANCE -  A high-level Saudi delegation attended the Riyadh Expo 2030 Symposium, on the outskirts here, hosted by the Royal Commission for Riyadh City, responsible for the Kingdom's bid to host the World Expo in 2030.The event took place in Meudon on Monday in the presence of representatives from...
  • Israel faces global calls to protect civilians in Gaza

    The suffering and death in Gaza has prompted growing calls for a halt in five weeks of fighting in order to protect civilian lives in the densely populated territory. French President Emmanuel Macron called on Israel to stop bombing civilians in Gaza, saying there was "no justification" and the deaths...
  • French president urges Israel to stop bombing Gaza civilians

    Emmanuel Macron, speaking to the BBC, cited examples of "these babies, these ladies, these old people" in urging Israel to stop bombing and killing people in Gaza, adding "there is no reason for that and no legitimacy." He said the continuous assault and the deaths in the Gaza Strip were...
  • France to host ‘humanitarian aid’ conference for Gaza

    sraeli Prime Minister Benjamin Netanyahu has said there will be no fuel delivered to Gaza and no ceasefire with Hamas unless the hostages are freed. Macron spoke to Netanyahu on Tuesday and the pair will talk again once Thursday's aid conference is over, the Elysee Palace said.
  • Israel not to attend Macron’s humanitarian event for Gaza in France

    Macron had spoken on Tuesday to Israeli Prime Minister Benjamin Netanyahu and the pair will talk again once the aid conference is over, the Elysee Palace added.
  • UAE a key market for our businesses due to its location: French official

    Dubai, UAE-- The UAE is a key market for French businesses due to its strategic location as a hub and gateway to the entire region, said Axel Baroux, the French Trade Invest Commissioner to the UAE and the Regional Director of Business France in the Middle East.Speaking to the media...
  • $10 trn of ‘hidden costs’ on food and agriculture system per year, says UN

    Paris, France - The food and agriculture system adds at least $10 trillion in "hidden costs" to the global economy every year due to unhealthy diets, emissions and undernourishment, a UN agency said on Monday.The Food and Agriculture Organization said it conducted an analysis in 154 countries to determine the "true"...
  • Israeli strike hits ambulance convoy as Gaza toll rises to 9,227

    Gaza health ministry says 9,227 Palestinians, two-thirds of them women and children, have been killed in relentless Israeli bombardment and ground assaults. On Friday, Hamas said an Israeli strike hit a convoy of ambulances transporting the wounded from Gaza city towards Rafah in the south.
  • Iraq event on ‘regional stability’ adjourned over Gaza war

    Baghdad, Iraq - An international summit in Baghdad on "regional stability" planned for late November has been postponed due to the ongoing Israel-Hamas war, an Iraqi official told AFP on Thursday.The third edition of the Baghdad conference "for economic integration and regional stability", co-organised by France, "is postponed until further notice...
  • Putin revokes Russia’s ratification of Nuclear Test Ban Treaty

    During parliamentary hearings, State Duma speaker Vyacheslav Volodin said the move to revoke the treaty was a response to the United States' "cynicism" and "boorish attitudes" on nuclear weapons.
  • More than 20,000 wounded people still in Gaza: MSF

    The MSF pleaded that the people who plan to leave Gaza must be allowed "without further delay" and should also have the right to return. It called for a ceasefire and greater number of people to be evacuated. Its Gaza staff were still offering care in spite of the Israeli...
  • Turkey and Qatar reject ‘double standards’ in Gaza response

    Qatar's top diplomat Mohammed bin Abdulrahman Al-Thani said the two governments -- both Western allies -- "reaffirm our complete rejection of responding to the crisis with double standards when it comes to human life". "It is not permissible to condemn the killing of civilians in one context and justify it...
  • French President Macron arrives in Israel on solidarity visit

    The French head of state was also due to meet Israeli President Isaac Herzog, as well as opposition leaders Benny Gantz and Yair Lapid in Jerusalem. And in Tel Aviv, he was due to meet the families of French and French-Israeli nationals killed in the Hamas attack or being held...
  • Markets fall as traders wary due to Gaza war, Fed interest rates

    Paris, France - Stock markets slid on Monday, extending last week's sell-off n fears of a regional conflict in the Middle East and worries that US interest rates will remain elevated for longer than initially thought.The concerns about US interest rates have also been affecting bond markets, with the yield on...
  • Renault shares fall as sales disappoint

    The company's strategy is to sell fewer cars but at higher prices.
  • French left alliance on verge of collapse over Gaza conflict row

    The Socialist Party (PS) -- a heavyweight party of government just a few years ago but now a rump of its former self -- voted overnight to "suspend" participation in the NUPES alliance with hard-left France Unbowed (LFI), Greens and Communists.
  • World leaders try to contain Israel-Hamas war

    As Israel prepares for a ground offensive into the Gaza Strip, the international community has mobilized to try to protect civilians and prevent the conflict spreading across the region. But Tel Aviv's avowed determination to crush Hamas, the group behind the October 7 attack on Israel, are hampering mediation efforts.
  • France exhorts Hezbollah to stay out of Israel-Gaza conflict

    Hezbollah and other Palestinian factions in Lebanon have exchanged cross-border fire with Israel since Hamas's surprise October 7 attack on Israel ignited a war that has killed more than 1,300 people in Israel. Palestinian gunmen also seized an estimated 150 hostages while Israel's retaliatory air and artillery bombardment has killed...
  • Disasters cause crop losses worth $3.8trn over 30 years, says FAO

    PARIS, FRANCE - Natural and man-made disasters have caused $3.8 trillion in crop and livestock loses over 30 years, the UN's Food and Agricultural Organization (FAO) said on Friday.Floods, droughts, insect infestations, storms, disease and war have caused about $123 billion per year in lost food production between 1991 and 2021,...
  • Countries evacuate citizens as Israel-Hamas war rages

    Thousands of foreigners are stuck in Israel and across the Palestinian territories, where a full-blown war has erupted since Hamas launched their attack. With the violence having already claimed thousands of lives on both sides, several countries have launched operations to repatriate their citizens, while others plan to do so...
  • EU asks X and Meta to regulate fake news, disinformation

    Thierry Breton, EU commissioner and self-styled "digital enforcer", raised the alarm in letters sent to Elon Musk, owner of X, formerly known as Twitter, and Mark Zuckerberg, whose Meta group includes Facebook and Instagram.
  • Israel imposes total siege on Gaza after Hamas attack

    Israel imposed a total siege on the Gaza Strip and cut off the water supply as it kept bombing targets in the Palestinian enclave in response to the Hamas surprise assault it has likened to the 9/11 attacks. Israel has counted over 700 dead and launched strikes on Gaza that...
  • Gaza is an impoverished area under Israeli blockade, hit by war

    PARIS, FRANCE - The Gaza Strip is an impoverished Palestinian enclave that has been under Israeli blockade since 2007.It is ruled by Hamas (the Arabic acronym for Islamic Resistance Movement), now at war with Israel for the fifth time in 15 years.Here is what you need to know about Gaza:  5,000 years of...
  • Nobel winner Mohammadi celebrates prize in jail, says family

    Rights campaigner Narges Mohammadi "celebrated" her Nobel Peace Prize with fellow detainees in their Tehran prison cell, her family said. "Narges learned that she had been awarded the Nobel Peace Prize on Friday afternoon from messages sent from the men's unit, where they have easier access to telephones on Fridays,"...
  • Global tributes pour in for Nobel Prize winner jailed Iranian activist

    Human rights office spokeswoman Elizabeth Throssell said at a press briefing that the Nobel award for Mohammadi "highlights the courage and determination of the women of Iran". Mohammadi's husband, Taghi Rahmani, said the prize was "an award for all the men and the women who fight for Woman, Life, Freedom"
  • El Nino forced sugar price to hit 13-year high in September, says FAO

    Paris, France - Global sugar prices soared to their highest level in almost 13 years in September as the El Nino weather phenomenon hit production in India and Thailand, the Food and Agriculture Organization said Friday.While world food prices steadied as a whole last month, the FAO's Sugar Price Index jumped...
  • Jailed Iranian activist Narges Mohammadi wins Nobel Peace Prize

    Mohammadi's award comes after a wave of protests that swept Iran after the death in custody a year ago of a young Iranian Kurd, Mahsa Amini, arrested for violating Iran's strict dress rules for women. Mohammadi, a 51-year-old journalist and activist, has spent much of the past two decades in...
  • Trio wins physics Nobel for illuminating electrons

    France's Pierre Agostini, Hungarian-Austrian Ferenc Krausz and Franco-Swede Anne L'Huillier won the Nobel prize in physics for research using ultra quick light flashes that enable the study of electrons inside atoms and molecules. The laureates' research has made it possible to examine moves or changes so rapid that they were...
  • UN conference adopts plan to reduce harmful chemicals

    PARIS, FRANCE - A new roadmap to reduce the environmental risks from chemicals and waste was adopted at a United Nations conference on Saturday as part of a drive to manage damaging chemical exposure.The Global Framework on Chemicals was adopted by governments, companies, and NGOs at the fifth International Conference on...
  • Rights group urges justice an year after Iran’s ‘Bloody Friday’

    Paris, France - Campaign groups on Saturday demanded the perpetrators of the killing of dozens of protesters in southeast Iran one year ago be brought to justice, accusing authorities of using force to quell the latest demonstration in the region.According to activists, Iranian security forces used live fire to suppress a...
  • Fourth soldier dead due to Houthi attack, says Bahrain

    Manama, Bahrain - A fourth Bahraini soldier has died after an attack this week on his country's contingent in the Saudi-led coalition battling Yemen's Houthi rebels, the Gulf archipelago's army said.Bahrain had previously announced the deaths of three of its soldiers in Monday's attack near the Saudi border with Yemen. It...
  • Cathay Pacific orders A320neo planes

    The value of the deal is expected between $3.2 billion to $4.1 billion.
  • Europe should move faster on energy transition, say IEA, ECB

    PARIS, FRANCE - Europe must invest more quickly and massively in its energy transition if it wants to remain a global industrial power, top policymakers warned on Friday.The plea was made at a conference on the clean energy transition hosted by the International Energy Agency, the European Central Bank and the...
  • Politicians fail to understand scientific facts of climate, says expert

    PARIS, FRANCE - Wavering ambition by governments and a growing belief that science is politically subjective are great causes for concern in a rapidly escalating climate crisis, an expert told AFP.A cascade of extreme weather events have inflicted devastation in 2023, which the European Union's climate monitor says is likely to...
  • Binance selling Russia business

    Binance is likely to sell its Russian assets to CommEX.
  • France warns Lebanon financial aid at risk over presidency deadlock

    French President Emmanuel Macron's special envoy urged Lebanese factions to find a "third way" for electing a new president, warning that France and its allies were losing patience after a year of deadlock. "The life of the Lebanese state itself is at risk," Jean-Yves Le Drian, a former foreign minister,...
  • Top army officials from 30 nations review threats in Asia-Pacific

    New Delhi, India - Army chiefs and senior officers from 30 countries including the United States met in India on Tuesday to discuss threats facing the Asia-Pacific region, in the face of concern at an increasingly assertive China.US Army chief Randy George said the region was "critically important", speaking to reporters alongside...
  • Rising demand for critical metals pose dilemmas for investors

    PARIS, FRANCE - Soaring demand for the raw materials needed for the transition towards renewable energy is creating dilemmas for investors weighing the economic, environmental and human rights risks of such projects.With demand for fossil fuels expected to peak by the end of the decade, the focus is shifting towards lithium,...
  • European Union okays lighter pact on curbing car emissions

    Brussels, Belgium - EU member countries on Monday adopted a watered-down deal on curbing car emissions, after auto manufacturers complained stricter measures could undermine electric vehicle investments.Led by France and Italy, the 27 nations voted for a less ambitious plan than the one put forward by the European Commission in November...
  • Pope says migrants not invaders, urges ‘wise foresight’ on issue

    Migration is "a reality of our times, a process that involves three continents around the Mediterranean and that must be governed with wise foresight, including a European response," he added. Noting the risk to the lives of migrants if they are not taken to safety, he warned against turning "the...
  • King Charles urges joint French-English effort on climate change

    "Just as we stand together against military aggression, so must we strive together to protect the world from our most existential challenge of all -- that of global warming, climate change and the catastrophic destruction of nature," said the king, known for campaigning on environmental issues for the past decades.
  • TotalEnergies, Adani Group set up JV for wind, solar power production in India

    PARIS, FRANCE - French firm TotalEnergies and Indian group Adani unveiled plans on Wednesday to create a joint venture to develop wind and solar electricity production in India.The joint venture will include wind and solar assets that Adani Green Energy Limited (AGEL) already operates and is building and developing in India, while...
  • Europe’s tussle with Big Tech involves dominance, data, disinformation

    Paris, France - Irish regulators on Friday handed out a 345-million-euro ($369-million) fine to TikTok over data breaches, part of a battle between the European Union and big tech firms on issues from tax avoidance and hate speech to data privacy and monopolistic practices.Here is a summary of the tussles between...
  • Apple to update iPhone 12 in France over radiation 

    Both the firm and France's digital minister Jean-Noel Barrot insisted on Friday there was no danger to public health from the radiation. On Tuesday, Barrot gave Apple two weeks to issue an update to its phone, which was coming to the end of its career as a front-line Apple product.
  • Tunisia bars entry to European Parliament delegation of five MEPs

    "We condemn the decision of the Tunisian authorities to refuse entry for the delegation," the delegation, made up of five MEPs, said in a statement. "This conduct is unprecedented since (Tunisia's) democratic revolution in 2011", it said.
  • Global aid effort intensifies for flood-stricken Libya

    Military transport aircraft from Middle Eastern and European nations, along with ships, have been ferrying emergency aid to the North African country already scarred by war. In addition to the missing, tens of thousands of people have been displaced after the huge flash flood slammed into the Mediterranean coastal city...
  • India-Middle East-Europe Corridor will change face of Middle East: Netanyahu

    Tel Aviv, Israel - Israel's Prime Minister Benjamin Netanyahu has welcomed the launch of the ambitious India-Middle East-Europe Economic Corridor (IMEC) as the "largest cooperation project in our history" that will have a profound impact on the Middle East, Israel, and the world.Leaders from the United States, India, Saudi Arabia,...
  • EU chief wants global experts panel to confront AI challenges

    Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific consensus on climate change. "I believe we need a similar body for AI –- on the risks and its benefits for humanity. Yes, with scientists, but also tech companies and...