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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...

Saudis strive to prevent virus outbreak in curtailed hajj

Pilgrims were quarantined Tuesday in the Muslim holy city of Mecca ahead of the dramatically downsized hajj as Saudi authorities strive to prevent a coronavirus outbreak during the five-day pilgrimage. Up to 10,000 people already residing in the kingdom will participate in the annual ritual...

Geagea blames Hezbollah, allies for crisis

The leader of a major Christian group in Lebanon Tuesday blamed the militant group Hezbollah and its local allies led by President Michel Aoun for the rapidly deteriorating economy and worsening relations with neighboring Arab countries, saying the only solution is for them to leave power....