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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.

Saudi Arabia to strengthen trade ties with Austria

The Saudi delegation of the trade system was headed by Minister of Commerce Majid Al-Qasabi.
  • During the meeting, the countries discussed opportunities to enhance and develop commercial relations
  • They also talked of ways to upgrade the level of trade exchange and cooperation between the two countries

A Saudi delegation has met businessmen and officials from Austria to strengthen trade ties between the two countries, local reports have said.

The Saudi delegation of the trade system was headed by Minister of Commerce Majid Al-Qasabi, said the reports.

Al-Qasabi is also the chairman of the Board of Directors of the National Competitiveness Center.

The delegation under him met with a number of businessmen and officials from Austro-Arab Chamber of Commerce, or AACC, said the reports.

During the meeting, they are said to have discussed opportunities to enhance and develop commercial relations.

They also talked of ways to upgrade the level of trade exchange and cooperation between the two countries.

Al-Qasabi is said to have stressed the depth of the historical relations between the two countries, indicating that the two sides are looking forward to strengthen bilateral trade relations.

He met with the Director-General of the UN Office at Vienna, Ghada Waly, to discuss ways of cooperation in many common files, in addition to the importance of trade integrity and security, which is one of the basic factors for economic competitiveness.