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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.

Al Zamil buys tower for $133m

  • The company aims to provide high quality development services for luxury housing solutions to support the accommodation and hospitality sector
  • Masar Makkah was developed by Umm Al-Qura Co. for the development and construction of services and amenities to serve Makkah residents

Al-Zamil Real Estate Development Co. has bought a residential tower in Makkah from Umm Al-Qura Development and Construction Co. for the sum of $133 million.

The company aims to provide the best levels of real estate development services for luxury housing solutions to support the accommodation and hospitality sector.

Masar Makkah was developed by Umm Al-Qura Co. for the development and construction of services and amenities to serve Makkah residents, visitors and pilgrims and facilitate their access to the Grand Mosque.