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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

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.

Oman Qatar Insurance merges with Vision Insurance

Qatar Insurance Company announced Thursday the completion of the merger process of its subsidiary Oman Qatar Insurance Co with Vision Insurance.
By TRENDS Desk
February 18, 2023 11:10 am
  • The merger was settled with Vision Insurance Company’s existing shareholders by Oman Qatar Insurance Company
  • After the mergercertificate by Qatar Ministry of Commerce, Vision Insurance Company was delisted from Muscat Stock Exchange

Doha, Qatar – Qatar Insurance Company announced Thursday the completion of the merger process of its subsidiary Oman Qatar Insurance Co  with Vision Insurance .

In a statement on the Qatar Stock Market website, Qatar Insurance Company said the merger was settled with Vision Insurance Company’s existing shareholders by Oman Qatar Insurance Company

Accordingly, after the successful settlement of the merger consideration by Oman Qatar Insurance Company and the issuance of merger certificate by Ministry of Commerce, Industry and Investment Promotion, Vision Insurance Company is delisted from Muscat Stock Exchange.

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