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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

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.

Barter best payment method in Iran-Pakistan trade: Official

Trade between the two countries is expected to grow in the coming years.
  • Iranian President Ebrahim Raisi has repeatedly underlined the importance of trade development with neighbors.
  • Iran's foreign trade reached $72.1 billion during the first nine months of the Iranian calendar year.

The Secretary-General of Iran-Pakistan Joint Chamber of Commerce Fahimeh Damroudi said that barter is the best choice of exchange as the proper way of financial exchange does not exist.

Reportedly, Iranian President Ebrahim Raisi has repeatedly underlined the importance of trade development with neighbors.

As the president stressed, boost in trade with neighbors is a solution for easing the sanctions and reaching the long-term economic goals.

To follow the goals practically, the government signed a trade agreement with Pakistan late in 2021.

The local reports said that the Iran-Pakistan agreement focuses on increasing trade in the next two years.

Also, agreement on removing trade obstacles and preparing the ground for free trade development within the next three months is among the important plans of the Iranian government.

According to the latest report of Iran Customs Administration, the value of country’s foreign trade has been $72.1 billion during the first nine months of the Iranian calendar year