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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.

UAE and European Union look to deepen cooperation

A picture of Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan, Minister of State, and Jutta Urpilainen, Commissioner for International Partnerships at the EU.
  • The two sides discussed political priorities and related programs, including the UN Sustainable Development Goals, the European Green Deal and global recovery
  • They also discussed the latest economic and trade developments in Africa and a number of essential issues in the continent

The UAE and European Union are looking to deepen cooperation in many fields, and in particular in sub-Saharan Africa.

In this regard, Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan, Minister of State, received Jutta Urpilainen, Commissioner for International Partnerships at the European Union, and explored further cooperation between the UAE and the EU.

The two sides discussed political priorities and related programs, including the UN Sustainable Development Goals, the European Green Deal, global recovery and the European Union’s global initiative, in addition to seeking ways to support regions and countries of common interest, including the Horn of Africa.

They also discussed the latest economic and trade developments in Africa and a number of essential issues in the continent, particularly in the health, education, digital transformation and energy sectors.

Sheikh Shakhboot affirmed the UAE’s eagerness to strengthen partnerships with friendly European Union countries and support cooperation across all domains.

Urpilainen praised the leading position that the UAE enjoys at the regional and international levels and its developmental achievements in all fields. She also highlighted the importance of joint action in African countries’ humanitarian work and industrial sectors.