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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.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

ENOC of UAE to market lubricants for Egypt in a three-year deal

  • ENOC Misr, a joint venture between Proserv Egypt Group and ENOC, will be handling the local marine market, while Royal Marine services will manage the International marine market
  • ENOC supplies lubricants that are used in a wide range of marine vessels, including heavy duty diesel engines

United Arab Emirates’ National Oil Company (ENOC) has entered into an agreement with Royal Marine Services in Egypt to distribute its lubricants.

ENOC supplies lubricants that are used in a wide range of marine vessels, including heavy duty diesel engines.

ENOC Misr, a joint venture between Proserv Egypt Group and ENOC, will be handling the local marine market, while Royal Marine services will manage the International marine market for ENOC Group, the Dubai-government owned oil company, said.

Its products have presence in various markets in Asia, Europe and Africa.