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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.
  • India expulsions to Bangladesh unlawful, target Muslims: HRW

    New Delhi, India - India has pushed hundreds of ethnic Bengali-speaking Muslims into Bangladesh without due process, Human Rights Watch said Thursday, accusing the government of flouting rules and fuelling bias on religious lines. The Hindu nationalist government of Prime Minister Narendra Modi has long taken a hardline stance on...
  • Disney and India’s Reliance to merge

    The merger will create a powerful entertainment giant.
  • New Delhi confirms few Indians involved with Russian army

    New Delhi, India - India's foreign ministry confirmed on Friday that some of the country's citizens had signed up for "support jobs" with the Russian army and said it was working with Moscow to secure their discharge.The Hindu newspaper reported on Wednesday that around 18 Indians were stranded in various...
  • Zoo lion’s Muslim name riles Hindu nationalists

    Vishwa Hindu Parishad (VHP), a right-wing Hindu organization, went to court after reports a lioness named Sita had been put together with a lion called Akbar.
  • India’s top court strikes down anonymous election funding scheme

    Prime Minister Narendra Modi's party has defended electoral bonds, arguing that because the electoral bond donations are channelled through the banking system, the process is more transparent than direct cash donations. Cash donations are still allowed, but carry no tax exemption.
  • India PM inaugurates grand temple in Abu Dhabi

    According to the UAE authorities, the grand temple carved from pink stone spreads over an area of 55,000 square metres and is the largest traditional stone-built Hindu temple in the Middle East. Nearly 3.5 million Indian nationals, the largest expatriate community in the Gulf country, live in the UAE.
  • India says Qatar freed eight ex-navy personnel

    "The Government of India welcomes the release of eight Indian nationals working for the Dahra Global company who were detained in Qatar," the foreign ministry said in a statement. "Seven out of the eight of them have returned to India," it added, thanking Qatar's Emir Sheikh Tamim bin Hamad Al...
  • Butter chicken battle hits Indian court

    Moti Mahal, one of the city's oldest restaurant chains, accuses rival of falsely taking credit for inventing the marinated chicken dish favorite across continents.
  • Maldives: Muizzu expands diplomacy beyond India

    Muizzu won last year’s presidential election on the "India Out" platform against Ibrahim Mohamed Solih's "India first" policy.
  • UAE is the most popular destination for global workers, says report

    Dubai, UAE – The United Arab Emirates is the most popular country for international talent seeking employment visas, a report reveals.  The global HR platform,Deel, has released findings from its Annual Global Hiring Report and revealed UAE attracts a large number of international talent.This marks a significant milestone for the...
  • Japanese lander disabled again but could restart after two weeks

    Tokyo, Japan - After a brief awakening, Japan's Moon lander is out of action again but will resume its mission if it survives the two-week lunar night, the space agency said Thursday.The unmanned Smart Lander for Investigating Moon (SLIM) touched down last month at a wonky angle that left its solar...
  • US to sell drones worth $4bn to India to bolster its defenses against China

    The United States approved a $4 billion sale of state-of-the-art drones to India, offering a new edge to the growing US partner. The sale marks a milestone in Indian purchases of American weapons after New Delhi's reliance on weapons from Russia, which have been increasingly controversial due to sanctions over...
  • Indian authorities tear down 600 year-old mosque in Delhi

    New Delhi, India - Bulldozers have knocked down a centuries-old mosque in India's capital, a member of the building's managing committee said Thursday, during a demolition drive to remove "illegal" structures from a forest reserve.The demolition comes at a sensitive time in India with nationalist activists emboldened in their long campaign...
  • Shares in India’s Paytm dive 20%

    Banking arm asked to stop accepting fresh deposits.
  • Airbus and Tata to build helicopter assembly line in India

    Paris, France - Airbus will build a helicopter assembly line in India with Indian conglomerate Tata, the European aircraft manufacturer said Friday.The deal was announced during a two-day visit to India by French President Emmanuel Macron.Airbus said the facility -- which will take two years to set up -- would be the...
  • Indians queue for Israel jobs as war in Gaza rages

    India's urban unemployment rate -- the percentage of people wanting work who cannot find a job -- dipped to 5.1 percent in July 2022-June 2023, from 6.6 percent between the same months a year earlier. Over the same period, nearly 22 percent of India's workforce was classified as "casual labour",...
  • Zee’s shares fall after merger fails

    Disagreement over who would lead the new entity led to merger's failure.
  • India’s stock market edges out Hong Kong to become world’s fourth largest

    New Delhi, UAE--India's stock market has edged out Hong Kong to become the world's fourth-largest, a milestone that underscores growing global investor optimism about New Delhi's economic prospects, Bloomberg said Tuesday.The total value of shares listed on Indian exchanges hit $4.3 trillion on Monday, slightly higher than Hong Kong's $4.29...
  • ‘New era for India’: Modi inaugurates temple built over razed mosque

    "Breaking the shackles of slavery, the country should rise, taking lessons from the past," Modi said, speaking outside the temple to the Hindu deity Ram, built on grounds where a mosque stood for centuries before it was torn down in 1992 by Hindu zealots incited by members of his party.
  • Sony ends merger deal with Zee

    It pulled out of the US$10bn merger of its Indian operations.
  • Tata Group retains IPL sponsorship rights for record $300m

    New Delhi, India - Corporate behemoth Tata Group has again been awarded title sponsorship rights of the Indian Premier League for five years, for a record sum of $300 million, the national cricket board said on Saturday.Tata already holds the title sponsorship for the IPL and its sister competition, the Women's...
  • Akasa Air orders 150 Boeing planes

    Akasa Air will buy 737 MAX planes, which no Indian airline uses.
  • Iran, India reach final agreement on Chabahar Port

    Tehran, Iran – Iran and India on Monday finalized an agreement for the development of the strategic Chabahar port in Tehran. The accord was reached in a meeting between Iranian Transport and Urban Development Minister Mehrdad Bazrpash and Indian Minister of External Affairs Subrahmanyam Jaishankar.During the meeting, Bazrpash proposed the...
  • Saudi Scouts Association to participate in Republic Day Camp in India

    Riyadh, Saudi Arabia - The Saudi Arabian Boy Scouts Association will participate in the Republic Day Camp (RDC) in India from January 16 to 29. This is part of the events held by India in conjunction with its presidency of the Group of Twenty (G20) under the theme "One Earth,...
  • India finds apparent wreckage from 2016 military plane crash

    New Delhi, India - India said on Friday it had likely found wreckage from an Indian Air Force transport plane that went missing over the sea almost eight years ago with 29 people aboard.A Russian-built Antonov An-32 was carrying service personnel and six crew members during a routine courier service to...
  • India flexes maritime muscles by boosting Arabian Sea force

    New Delhi, India - Dramatic drone footage showing Indian commandos hunting pirates after an attack in the Arabian Sea illustrates New Delhi's "significant" expansion of a muscular maritime force reflecting global ambitions, analysts say.The commandos, deployed this month from an Indian-built warship after an attempted hijacking of a merchant bulk carrier,...
  • Infosys lowers revenue forecasts

    Its net profit fell 7.29% Y-o-Y in the three months to December.
  • DP World signs MoUs in India

    The agreements worth US$3bn were signed with Gujarat.
  • India’s Russian oil imports fall to 11-month low as price cap rises

    Indian refiners bought 1.45 million barrels per day of Russian oil last month, their lowest amount since last January and down nearly 16 percent from November, according to global energy trade intelligence platform Kpler.
  • UAE and India sign MoUs to deepen ties in renewable energy, healthcare

    Abu Dhabi, UAE--The UAE Ministry of Investment has signed three memorandums of understanding (MoUs) with India, setting out frameworks for the expansion of bilateral investment cooperation in the renewable energy, food processing and healthcare sectors.The agreements were signed by the respective Indian ministries, underscoring the UAE’s strong commitment to supporting...
  • Vinfast to build EV factory in India

    It is part of the company's planned US$2bn investment.
  • India’s solar mission Aditya-L1 enters Sun’s orbit

    New Delhi, India - India's solar observation mission on Saturday entered the Sun's orbit after a four-month journey, the latest success for the space exploration ambitions of the world's most populous nation.The Aditya-L1 mission was launched in September and is carrying an array of instruments to measure and observe the Sun's...
  • FAO says global food prices fell 13.7 percent in 2023

    World food prices fell in 2023, with considerable declines for grains and oils as supply concerns eased, the UN's Food and Agriculture Organization said. The FAO's cereals price index fell 15.4 percent last year, "reflecting well supplied global markets" compared to 2022, when prices soared after Russia's invasion of Ukraine,...
  • Responding to Arabian Sea vessel hijack, says India navy

    According to the navy, it "responded swiftly to a maritime incident in Arabian Sea involving a hijacking attempt" of a Liberian-flagged bulk carrier ship. The incident comes at a time when many vessels have been rerouted from the Red Sea, where Yemen's Houthi rebels have carried out drone and missile...
  • Turkey detains 56 high-priority suspects wanted by 18 countries

    The detained people were wanted in the United States, Germany, India, and several former Soviet republics as well as other parts of Asia and the Middle East.
  • India says Qatar reduced death sentence of 8 navy personnel

    Indian media have reported that the eight Indian nationals -- among them former high-ranking and decorated officers, including captains who once commanded warships -- were arrested in Doha in August 2022.
  • India targets leading journalists with Pegasus spyware: Amnesty

    "Our latest findings show that increasingly, journalists in India face the threat of unlawful surveillance simply for doing their jobs, alongside other tools of repression including imprisonment under draconian laws, smear campaigns, harassment, and intimidation," said Donncha O Cearbhaill, Head of Amnesty International's Security Lab.
  • India targeting high-profile journalists with spyware: Amnesty

    Indian media reported last month that the country's cyber security unit was investigating allegations by opposition politicians of attempted phone tapping after they reported receiving Apple iPhone warnings of "state-sponsored attackers".
  • India’s L&T secures EPC contract for Saudi Arabia’s Amaala project

    New Delhi, India - Larsen & Toubro (L&T) secured a major Engineering, Procurement, and Construction (EPC) contract for the Amaala project in Saudi Arabia's Red Sea region. The project, covering 4,155 sq km within the Prince Mohammed bin Salman Natural Reserve, is a high-end tourism destination.The contract, awarded by the...
  • India police investigate blast report near Israeli embassy in New Delhi

    Officers cordoned off the embassy as they combed through the surrounding areas following the report of the late afternoon blast. Israel's foreign ministry in a statement reported "an explosion" near the embassy.
  • US blames Iran for targeting tanker off India coast

    It was the first time the Pentagon has accused Iran of directly targeting ships since the start of Israel's war on the fighters group Hamas. The attack came amid a flurry of new drone and missile attacks by Yemen's Houthi rebels on the vital Red Sea shipping lane since the...
  • Nearly 100 MPs barred from Indian parliament session

    Nearly 100 opposition lawmakers have been temporarily barred from India's parliament for demanding a debate into last week's protest when a smoke canister was released in the legislature. The 92 suspended MPs include key opposition leaders in both houses of the parliament. Six people were arrested after the December 13...
  • Aster to separate its India and GCC businesses

    Dubai, UAE - Aster, an integrated healthcare provider, is separating its India and GCC businesses, subject to regulatory and corporate approvals including Aster India’s shareholders’ approval. The separation plan will unlock value for the shareholders by allowing both the India and GCC businesses to adopt a market-focused strategy and create...
  • Foxconn to invest $1.54bn more in India

    The firm announced in May to purchase land for $37 million in India.
  • All 41 Indian workers trapped in tunnel for 17 days rescued

    Silkyara Tunnel, India -- Indian workers were greeted with wild cheers and flower garlands Tuesday as rescuers safely brought out all 41 from the collapsed Himalayan road tunnel where they were trapped after a marathon 17-day engineering operation.With beaming smiles, the rescued men were welcomed as heroes after being hauled through...
  • Afghan embassy in India announces ‘permanent closure’

    Most foreign nations -- including India -- do not officially recognize Afghanistan's Taliban government but acknowledge them as the de facto ruling authority. This has left many Afghan embassies and consulates in limbo, with diplomats appointed by the former government refusing to cede control of embassy buildings and property to...
  • BRICS urges immediate ceasefire in Gaza, S.Africa decries ‘genocide’

    "The collective punishment of Palestinian civilians through the unlawful use of force by Israel is a war crime. The deliberate denial of medicine, fuel, food and water to the residents of Gaza is tantamount to genocide," said South African President Cyril Ramaphosa.
  • Israel designates Lashkar-e-Taiba as terror outfit

    Israel marks the 15th anniversary of the 26/11 Mumbai attacks by designating Lashkar-e-Taiba (LeT), a Pakistan based militant group, as a terrorist organization, Indian media reported. The move, independent of any formal request from India, aims to combat terrorism globally.The Israeli Embassy confirmed the completion of all necessary procedures to...
  • Head breaks India hearts as Australia win sixth World Cup title

    Ahmedabad, India -- Opener Travis Head hit a sparkling 137 to power Australia to a record-extending sixth World Cup title with a convincing six-wicket win over India in Ahmedabad on Sunday.Chasing a tricky 241 for victory in the final, Australia slipped to 47-3 before the left-handed Head hit his second century...
  • Indian film company to operate cinemas in Saudi Arabia

    Dubai, UAE - Mukta A2 Multiplex WLL, the international subsidiary of Mukta Arts, one of India's leading film production houses, has signed an agreement with Al-Othaim Investment Company to operate cinemas across Saudi Arabia, Indian publication The Hindu Business Line reported on Thursday. The move expands the company's footprint in...
  • Salman Khan’s ‘Tiger 3’ faces ban in Kuwait, Oman and Qatar

    Dubai, UAE - The much-anticipated Hindi-language action film Tiger 3, starring Salman Khan and Katrina Kaif, has reportedly been banned in Gulf states Kuwait, Oman, and Qatar. Released on the occasion of Diwali, the film has marked its entry into the record books as the highest-grossing Diwali day release.While the...