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Iran holds annual Gulf drill amid rising tensions with U.S.

Iran’s elite Revolutionary Guards launched a military drill in the Gulf on Tuesday, the semi-official Tasnim news agency reported, at a time of high tension between Tehran and Washington. There have been periodic confrontations in the Gulf in recent years between the Guards and the U.S....

WHO: Virus is just 'one wave', not seasonal

The novel coronavirus is neither seasonal, nor does it occur in waves, the World Health Organization (WHO) said Tuesday. WHO spokeswoman Margaret Harris said in answer to questions at the twice-weekly UN press briefing held virtually in Geneva that the COVID-19 virus likes all weathers...

Top UAE bank's profit plunges over pandemic

First Abu Dhabi Bank, the United Arab Emirates' biggest lender, said Tuesday its net profits for the second quarter and first half of 2020 had plunged due to the impact of coronavirus. FAB's net profit for the second quarter of this year dropped 25 percent to $657 million compared to $872...