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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.

Camel Club, Riyadh Chamber to promote camel culture as Saudi heritage

The two entities will also explore investment opportunities in the camel sector. (SPA)
  • The two entities signed an MoU that also aims at creating investment opportunities in the camel sector.
  • Providing support and assistance to the club when holding international conferences are other aims of the MoU.

Riyadh, Saudi Arabia—The Saudi Arabia’s Camel Club and Riyadh Chamber of Commerce have signed an MoU to develop and create investment opportunities in the camel sector.

The MoU, which was signed in presence of Executive Director of the Camel Club, Engineer Bandar Al-Qahtani and Vice Chairman of the Board of Directors of the Riyadh Chamber, Nayef Al-Rajhi, also aims at propagating the camel culture worldwide as Saudi heritage, SPA reported.

Establishing a strategic partnership to achieve common goals in the areas concerned with the camel sector and to provide support and assistance to the club when holding international conferences are other aims of the MoU.

They will also cooperate in events and festivals organized by the club, as well as the Chamber’s events, and exchange experiences and knowledge in the field of joint projects.