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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.

GCC-UK Trade Summit 2021 to boost trade, investment

    • Virtual event promises to catalyze a new era of economic collaboration

    • Day-long summit will host discussions featuring high-profile investors from  KSA, Gulf, and top experts from the UK

    The longstanding ties between the UK and the Gulf Cooperation Council are set to receive a major fillip as the biggest names from the region’s business world meet with top experts and decision-makers at the GCC-UK Trade Summit 2021 on June 29 to discuss ways to boost bilateral trade and investment.

    The Gulf region accounts for as much as $50.8 billion out of the estimated $57.2 billion annual trade between the UK and the Middle East.

    Held virtually, the summit is the most important forum for businesses and investors from the GCC and the UK to exchange ideas and experiences, discuss investment opportunities, and forge strategic partnerships.

    The summit will put the spotlight on key topics of mutual interest including the ongoing economic diversification initiatives in the GCC, investing in the UK, emerging foreign investment opportunities spurred by large-scale tourism and infrastructure projects in the Gulf region.