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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.

Shurooq picks acting COO

The Sharjah Investment and Development Authority, also known as Shurooq, has chosen a new acting Chief Operating Officer (COO). Official website
  • Al Qaseer is expected to continue the concerted efforts to achieve Shurooq’s vision of developing world-class projects
  • The new acting COO is also expected to bolster efforts to drive national and foreign investments into the emirate

The Sharjah Investment and Development Authority, also known as Shurooq, has announced through its official Twitter handle that it has chosen a new acting Chief Operating Officer (COO).

It said on the social-media platform that it has appointed Ahmed Obaid Al Qaseer to the post.

Shurooq has appointed has appointed Ahmed Obaid Al Qaseer as acting COO. Twitter

In his new role, Al Qaseer is expected to continue the ongoing concerted efforts to achieve Shurooq’s vision of developing world-class projects.

He is also expected to bolster efforts to drive national and foreign investments into the emirate.

Al Qaseer will also reportedly oversee the management and operational execution of all multi-sectoral projects under Shurooq’s portfolio.

This will include the authority’s tourist and heritage destinations across Sharjah.

Al Qaseer has reportedly made formidable contributions in fulfilling the goals of Shurooq’s plans and projects.

He is said to have facilitated the growth of businesses across sectors, in addition to strengthening Sharjah’s status as a key investment, tourist, and trade destination in the region.