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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.

Jazeera airways to buy 28 Airbus aircraft for $3.4bn

A file picture of a Jazeera plane taxing to take off.
By TRENDS Desk
January 30, 2022 5:06 pm
  • The airline also signed another agreement to purchase two aircraft engines with an accumulated worth of $32.3 million to aid the firm’s operations
  • The airline said that while there is no current financial impact on its operations, both agreements are anticipated to bring about a positive impact on the corporation

Jazeera Airways of Kuwait has placed an order for 28 Airbus aircraft worth $3.4 billion, according to media reports.

The airline also signed another agreement to purchase two aircraft engines with an accumulated worth of $32.3 million to aid the firm’s operations, Al Rai reported, citing a disclosure published on the Kuwait Stock Exchange website.

The airline further clarified that while there is no current financial impact on its operations, both agreements are anticipated to bring about a positive impact on the corporation in the medium and long term.

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