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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.

American companies willing to invest in Tunisia: Ambassador Blome

Basic Infrastructure and Logistics are the most likely investment spot for the American investors in Tunisia
  • Tunisian Transport Minister Rabii Majidi expressed the will to further strengthen cooperation with the United States.
  • Both parties exchanged views on the draft bilateral agreement in the field of air transport. The US ambassador urged stepping up talks to materialize this agreement.

A number of US companies are willing to invest in basic infrastructure and logistics to support Tunisia’s efforts in this field, US Ambassador in Tunisia Donald Blome stressed at his meeting on Monday with Transport Minister Rabii Majidi.

The two parties underlined the considerable progress of Tunisia’s millennium challenge program launched in collaboration with the U.S. Agency for International Development (USAID).

The program aims at developing the port of Rades, pending the completion of the procedures for the signature of the agreement, its approval and the launch of the execution from 2023, a statement of the Transport Ministry reads.

The minister reviewed Tunisia’s assets in the field of maritime transport, stressing the scope of the Enfidha deepwater port project and the neighboring logistics zone.

The project will promote the region to the rank of a high value-added platform of transition to Africa and Europe, the same source said.

Both parties exchanged views on the draft bilateral agreement in the field of air transport.

The US ambassador urged stepping up talks to materialize this agreement.

Majidi expressed the will to further strengthen cooperation with the United States through vitalizing investment directed especially towards priority projects of the future.

It includes taking advantage of the expertise and advanced experiences especially in the fields of port and airport security.