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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.
  • Fed’s inflation gauge slows in October as energy, goods prices drop

    Washington, United States - A key inflation measure used by the US Federal Reserve to set interest rates eased further last month amid declining energy and goods prices, according to government data published Thursday.The annual personal consumption expenditures (PCE) price index rose 3.0 percent in October, down 0.4 percentage points from...
  • Blinken urges Saudi-Israel normalcy, pledges no nukes for Iran

    "The United States has a real national security interest in promoting normalization between Israel and Saudi Arabia. We believe we can and indeed we must play an integral role in advancing it," Blinken told the American Israel Public Affairs Committee, the powerful pro-Israel lobby.
  • Blinken affirms Israel ties, warns on peace after Netanyahu spat

    US Secretary of State Antony Blinken called Foreign Minister Eli Cohen and "reaffirmed the importance of the enduring US– Israel bilateral relationship. The top US diplomat "emphasized the importance of refraining from unilateral actions that exacerbate tensions," a statement said.
  • Saudi firm partners with Trump Organization in $4 bn Oman project

    Riyadh, Saudi Arabia - A Saudi real estate firm has partnered with the Trump Organization on a $4 billion golf and real estate development project in neighboring Oman, according to a stock market filing published Sunday. The deal involving the Dar Al Arkan Global Company, a subsidiary of Dar Al...