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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.

DMZ, Sheraa sign deal to support 15 startups from Sharjah

The DMZ is a startup incubator based at Toronto Metropolitan University (TMU). (WAM)
  • Sheraa’s startup community will now have access to the DMZ’s on-demand learning platform called ‘Launchpad’.
  • The platform is designed to support aspiring and early-stage entrepreneurs in developing foundational business skills.

Sharjah, UAE – The Sharjah Entrepreneurship Center (Sheraa) will partner with the DMZ to support entrepreneurs of Sharjah and empower 15 startups from the emirate to the DMZ-led soft-landing program.

The DMZ is a startup incubator based at Toronto Metropolitan University (TMU). The incubator helps to equip the next generation of tech entrepreneurs with the tools needed to build, launch, and scale highly impactful startups, media reports said.

Sheraa’s startup community will now have access to the DMZ’s on-demand learning platform called ‘Launchpad’.

The platform is designed to support aspiring and early-stage entrepreneurs in developing foundational business skills.

In addition, 15 Sheraa startups, selected at the annual Sharjah Entrepreneurship Festival, will join the DMZ’s intensive 2-week program at Toronto Pearson International Airport (YYZ) to learn about scaling operations utilized in North America.