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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.

Passengers are back on flights as Dubai International Airport is named busiest in May

The Gulf nation has emerged as a top destination for rich Russian emigres fleeing the impact of Western sanctions.
    • The airport kicked out London Heathrow from the top spot

    • Heavy passenger rush evidence that people confident to resume normal life

    We may not yet have returned to the life before the onset of the Covid pandemic early last year. But there is more and more evidence that people are finding enough confidence to restart the rhythm of a life that defined their daily schedule.

    In May Dubai International Airport (DXB) was so busy that it has earned for itself the title of being the world’s busiest international airport in May, as travelers gradually return to the skies. The airport’s scheduled capacity was 1,895,866 in May, according to aviation intelligence firm OAG, despite many of its source markets being closed to international travelers.

    It kicked out London Heathrow from the top spot, with the UK airport plummeting to seventh place at capacity of 747,420. Two other regional airports dominated the list, with Istanbul Ataturk coming in second at around 1.3 million capacity, followed by Doha International Airport at 1.24 million.

    The rankings are based on scheduled capacity compared to the same month in 2019, pre-pandemic. Four Middle East air routes were the busiest in May, according to OAG data, three of which connect Cairo to Jeddah, Riyadh and Dubai. Within Saudi Arabia, the Jeddah-Riyadh route was one of the busiest in May with 547,936 capacity.