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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.

Iftar lightens the pocket in GCC

Here’s a look at how the price of an Iftar meal compares to a standard meal eaten in moths other than Ramadan.
  • Ramadan a month of communal joy, when people gather after dusk and before dawn to partake in feasts that would help them tide over daylong fasts
  • However, there seems to be a disparity between how much a full Iftar meal costs versus how much a normal meal costs outside the month of Ramadan

Ramadan is a month of spirituality and celebration for Muslims across the world in general and the GCC countries in particular.

It is also a month of communal joy, as people gather after dusk and before dawn to partake in feasts that would help them tide over daylong fasts.

Thus, when the sun sets, devout Muslims partake in Iftar to break their fast for the day.

However, there seems to be a disparity between how much a full Iftar meal costs versus how much a normal meal costs outside the month of Ramadan.

Here’s a look at how the price of an Iftar meal compares to a standard meal eaten in moths other than Ramadan: