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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.

QA arm expands Gulfstream fleet

The Gulfstream G650ER.
  • Qatar Executive is a business-jet subsidiary of Qatar Airways
  • It now has a total of 11 Gulfstream G650ER aircraft in its fleet

Qatar Executive has taken delivery of three new Gulfstream G650ER aircraft, making it the largest owner-operator of the ultramodern jet, official sources have said.

The business-jet subsidiary of Qatar Airways now has a total of 11 of this aircraft in its fleet, said the sources.

All three aircraft are expected to operate on strategic ultra-long-haul routes to Africa, the Americas, Asia-Pacific, and Europe.

Qatar Airways Group Chief Executive and Qatar Tourism Chairman Akbar Al Baker was quoted by the official sources as saying: “Despite the ongoing challenges of the pandemic, we continue to invest in our fleet, operating the youngest, most fuel-efficient and technologically-advanced aircraft in the skies.”

The aircraft is said to be a coveted jet among the global travelling elite due to its range capabilities, cabin technology, fuel efficiency and passenger comfort.

The state-of-the-art aircraft can apparently fly at a faster speed for longer distances than any other jet of its kind, with its range pegged at 7,500 nautical miles (13,890 km).