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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.

Lebanon may be seeing ‘largest displacement’ ever: PM

Mourners and colleagues recite a prayer over the flag-draped bodies of civil defence workers affiliated with the Islamic al-Rissala scouts association, killed in an Israeli strike on the southern Lebanese town of Tayr Dibba, on September 29, 2024. (AFP)
  • On Friday, Israel killed Hezbollah's leader Hassan Nasrallah in a move many fear risks destabilizing Lebanon and the wider region.
  • Since Monday, intense Israeli attacks across Lebanon's east, south and on southern Beirut have killed hundreds of people and forced many to flee their homes.

Beirut, Lebanon — Intense Israeli attacks may have forced up to a million people to flee parts of Lebanon in possibly the worst displacement crisis in the tiny country’s history, Prime Minister Najib Mikati said Sunday.

Mikati told reports that “the estimated number is very high and may reach one million” — which would amount to roughly a sixth of Lebanon’s population.

“It is the largest displacement movement that may have happened… in Lebanon,” he said.

On Friday, Israel killed Hezbollah’s leader Hassan Nasrallah in a move many fear risks destabilizing Lebanon and the wider region.

Since Monday, intense Israeli attacks across Lebanon’s east, south and on southern Beirut have killed hundreds of people and forced many to flee their homes.

Earlier this week, UN refugee chief Filippo Grandi said “well over 200,000 people are displaced inside Lebanon” and more than 50,000 had fled to neighboring Syria.

The intensive strikes come as Israel shifted the focus of its operation from Gaza to Lebanon, after nearly a year of cross-border fire with Hezbollah over the Gaza war, with the group saying it is acting in support of ally Hamas.