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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, Tanzania establish Joint Investment Fund

Oman and Tanzania establish a Joint Investment Fund which will invest in projects from multiple sectors, including agriculture and marine fishing.
By TRENDS Desk
June 14, 2022 8:58 am
  • Oman foreign minister Al Busaidi anticipated the surge of trade deals between the two countries, especially after signing several MoUs
  • He revealed that the two countries would later sign MoU to collaborate on economic, investment, tourism and energy projects

Oman and Tanzania have established a Joint Investment Fund which will invest in projects from multiple sectors, including agriculture, marine fishing, and mining, Oman’s Foreign Minister Oman Sayyid Badr Al Busaidi announced Monday. 

Al Busaidi anticipated the surge of trade deals between the two countries, especially after signing several memoranda of understanding between the Oman Investment Authority and the competent Tanzanian body. 

He revealed that the two countries would later sign MoU to collaborate on economic, investment,  tourism and energy projects.

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