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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

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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Trade between Jordan and UAE grows to $891m in 2021

  • The details of the growing economic ties between the two countries were shared by the prime minister of Jordan Bisher Khasawneh
  • He said the UAE has poured almost $17 billion into the Kingdom investments as it considered as one of the key partner in this regard

Trade between Jordan and the United Arab Emirates has grown to $891 million during the course of last year, and the UAE has invested some $17 billion in Jordan.

The details of the growing economic ties between the two countries were shared by the prime minister of Jordan Bisher Khasawneh while inaugurating the kingdom’s national day within Dubai Expo 2020 at Dubai Exhibition Center.

He said the UAE has poured almost $17 billion into the Kingdom investments as it considered as one of the key partner in this regard.

Commenting on the investment process in Jordan, Khasawneh said that his government is working on a new law for investment, in addition to establishing an investment ministry for the first time.

Khasawneh called on the UAE business community to establish projects and partnerships with Jordan, voicing his government’s keenness to prioritize the UAE investments and provide all facilitation in this regard.

The prime minister visited the UAE pavilion and was briefed on its activities, praising the UAE achievements in this regard.