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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.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

Sharjah industry body to send trade mission to Russia in September

    • The delegation will look to strengthen economic ties, develop industries, improve trade exchanges with their Russian counterparts

    • The center is an initiative of Sharjah Chamber of Commerce and Industry

    A trade mission from the Sharjah Exports Development Center, an initiative of Sharjah Chamber of Commerce and Industry, will go to Russia next September, the center has announced in a statement.

    The delegation will consist of businessmen and investors from the SCCI. Their aim will reportedly be to strengthen economic ties, develop industries, improve trade exchanges, and forge new and promising investment partnerships with Russian counterparts, said the statement.

    The center will also reportedly take part in the food fair Anuga, to be held in Germany on October 9 to support and promote national food exports and market them there.

    The SEDC will also participate in the food, beverage, and hospitality event SIAL Middle East from September 7 to 9 at Abu Dhabi National Exhibition Center.

    SCCI Director-General Mohammad Ahmed Amin Al Awadi was quoted as saying in the aforementioned statement that the center’s agenda would serve the business community in the emirate, and support the SCCI’s plans to strengthen cooperation ties with all countries and enhance the emirate’s exports to the world. 

    “We have always been keen on providing a variety of services that can encourage industrial and export establishments, to excel in foreign markets, enhance their competitive capabilities and capitalize on regional and international marketing opportunities by providing export solutions and resources, and creating credit guarantees and technical support for exports” Al Awadi noted.