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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.

Middle East’s sports path to boosting tourism

  • Doha and Riyadh have been selected to host the upcoming editions of the Asian Games---Doha in 2030 and Riyadh in 2034.
  • The mountain resort of Trojene, which is being developed in Saudi Arabia's futuristic Neom city, will host the 2029 Asian Winter Games.

Dubai, UAE—The Qatar football World Cup us set to cement the position of Middle East, especially the Arabian Gulf region, as a global sporting hub. The GCC region has especially been focusing on sports, hosting some of biggest events in gold, motorsports, horse racing and cricket. Doha and Riyadh have been selected to host the upcoming editions of the Asian Games—Doha in 2030 and Riyadh in 2034. Doha had hosted the games in 2006. The mountain resort of Trojene, which is being developed in Saudi Arabia’s futuristic Neom city, will host the 2029 Asian Winter Games. Investment in sports is also driven toward boosting the tourism in the region as it diversifies economy away from oil, explains TRENDS.