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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.

More women in EGA management

  • Two members of EGA’s Executive Committee are women
  • EGA also employs more than 400 women around the world

Emirates Global Aluminium will increase the proportion of women in supervisory positions to 25% by 2025, local reports have said.

EGA, the largest industrial company in the UAE outside the oil and gas industry, made the announcement to mark Emirati Women’s Day, said the local reports.

Women currently hold 18% of supervisory positions at EGA in the UAE, working at all levels in the company’s operations and corporate functions, said the reports.

Two members of EGA’s Executive Committee are women. EGA also employs more than 400 women around the world.

The local reports quoted the company as saying the achievement of this target would contribute to the UAE’s long-standing national objectives to increase the participation of women in the economy and society.

EGA is currently said to be rolling out a mentoring program for women, led by the senior-most executives in the company, focused on personal development and career growth.

EGA’s Chief Executive Officer Abdulnasser Bin Kalban was quoted by the local reports as saying about the new goal: “We recognize that setting a target is just the beginning. To achieve it, we will develop further our inclusive leadership and culture, and focus on developing and progressing our high performing female employees.”