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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.

10 big companies that changed their names

Facebook is not the only big company to have changed its name over the years.
  • While some have changed their names entirely, others have made only small alterations to the original names
  • They have achieved varying degrees of success by changing their names

Over the years, several organizations have been compelled to change their names due to various reasons.

While some have changed their names entirely, others have made only small alterations to the original names, to varying degrees of success.

So, it was nothing new when Facebook decided to change its name to Meta, and invite people to the Metaverse.

We have already seen a company Research In Motion renamed itself in 2013 to Blackberry, after its most successful mobile phone.

Similarly, French petroleum company Total changed its name to TotalEnergies to show the diversification of its energy portfolio.

Then there was Isis Pharmaceuticals, the Nasdaq-listed company that traded under the ticker ISIS, which in 2015 changed its name to Ionis Pharmaceuticals and the ticker to IONS for obvious reasons.

There was also the Victoria Jubilee Technical Institute in India, which, in an effort to shed the colonial name but retain its initials VJTI, renamed itself to Veermata Jeejabai Technical Institute.

Here at TRENDS, we have curated for you a list of 10 companies — from across the world in general and the Middle East in particular — that have changed their names over the years.

Take a look: