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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.

Double-digit growth for Middle East cities

  • Manama registered 51% growth in population between the years 2015 and 2021
  • Economic, social and political crises have impacted the overall growth of the Lebanese capital

Except Beirut, most Middle Eastern cities have grown in double digits in terms of population from 2015 until 2022.

Manama registered 51% growth in population – one of the most effective ways to ascertain overall growth. Dubai, meanwhile, recorded 42 percent growth in its population during the period.

Beirut is the only city with a single-digit growth as the city has been going through challenging times owing to economic, social and political crises exacerbated by 2020 explosion at the Beirut port in August 2020.