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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.

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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Abu Dhabi Chamber discusses partnerships with Azerbaijan official

Mohamed Helal Al Mheiri held discussion with Orkhan Mammadov
  • Two sides discussed the prospects of boosting trade exchange and the flow of goods between the two countries
  • The countries will explore opportunities, especially in artificial intelligence, e-trade and food security as well as the fourth industrial revolution

Director General of Abu Dhabi Chamber of Commerce and Industry Mohamed Helal Al Mheiri has discussed with Executive Director of the Agency for SMEs Development under the Ministry of Economy of Azerbaijan Orkhan Mammadov the prospects of boosting trade exchange and the flow of goods between the two countries. 

Al Mheiri highlighted the economic diversity of Azerbaijan making it an optimal destination for trade, investment and tourism activities on the regional level.

He added that the Abu Dhabi Chamber is keen on partnership between Emirati entrepreneurs and investors and their Azerbaijani counterparts to explore opportunities, especially in artificial intelligence, e-trade and food security as well as the fourth industrial revolution.

Mammadov said the UAE is the main trade partner to Azerbaijan in the GCC and made a case for widening the communication channels between the UAE and Azerbaijan.  

He praised the positive role Abu Dhabi Chamber plays in supporting the private sector and strengthening trade relations with Azerbaijan.