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ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

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.

UAE: AXA offers AXA Life Protect

Axa said the fall in net profit can be attributed to the overall decrease in insurance results.
    • The plan provides coverage against the loss of life due to accident or sickness

    • Be it household expenses, servicing personal and credit card loans, school and college fees, etc. AXA Life Protect has you covered

    AXA Green Crescent Insurance Company has announced the launch of its latest insurance product, AXA Life Protect, a term insurance plan that provides coverage against the loss of life due to accident or sickness, terminal illness, critical illness and disability

    “In the unfortunate event of your death or disability, AXA’s Life Protect plan provides the necessary financial support directly to you or your designated beneficiaries,” Neeraj Gupta, CEO Policybazaar UAE said adding this plan ensures that spouse, children and ageing parents are taken care of in your absence. “Be it household expenses, servicing personal and credit card loans, school and college fees, etc. AXA Life Protect has you covered”.

    Term insurance, he added, covers its subscribers for a specific term or number of years and pays out the sum assured on death of the policyholder during the policy term.

    “It is also one of the most affordable forms of life and critical illness/disability insurance available in the UAE. A must have for individuals, especially given the current situation,” Gupta said. “After the outbreak of COVID 19 there’s a sense of unusual fear and uncertainty. A term insurance policy would ensure complete financial support for your dependents, so they can live worry-free”.