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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.

Qatari businessmen to explore investment opportunities in Egypt

CEO of Qatar's body praised the economic reforms in Egypt over the past years. (Twitter)
  • Chairman of the Qatar Businessmen Association's Board of Directors Sheikh Faisal bin Qassim Al-Thani stressed upon economic cooperation between the two countries.
  • He said there are multiple mutual economic opportunities between Qatar and Egypt to develop their cooperation in the trade and investment sectors.

The Qatari Businessmen Association discussed investment cooperation with Mohamed Abdel-Wahab, CEO of Egypt’s General Authority for Investment and Free Zones.

On a visit to Doha, Abdel-Wahab agreed on coordinating field visits to the Qatari business community to Egypt to discuss investment opportunities.

Abdel-Wahab reviewed the investment opportunities for Qatari investors, especially in the chemical and petrochemical industries.

This includes opportunities in financial services, logistics, real estate development, tourism, technology and agriculture, he noted.

Chairman of the Association’s Board of Directors Sheikh Faisal bin Qassim Al-Thani, stressed economic cooperation between the two countries.

He praised the economic reforms in Egypt over the past years, and encouraged Qatari companies to study investment opportunities in Egypt.

He added that there are multiple mutual economic opportunities between Qatar and Egypt to develop their cooperation in the trade and investment sectors.

This contributes to strengthening their economy and forming a strong alliance capable of facing international challenges, he noted.

He also stressed the importance of Qatari investments in Egypt to support the economies of both countries.