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IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

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.

UAE and Singapore explore ways to boost trade

The two countries will raise the levels of trade and investment based on the 2019 agreement.
  • The ideas to boost ties were discussed in a meeting between Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Teo Chee Hean, Singapore’s Senior Minister
  • They also discussed various issues of mutual interest including global efforts to speed up recovery to reach pre-pandemic levels

The UAE and Singapore will explore ways to enhance bilateral relations in light of the agreement signed between the two nations in 2019 that called for cooperation in investment and trade.

The ideas to boost ties were discussed in a meeting between Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ru and Minister of Finance and Teo Chee Hean, Singapore’s Senior Minister and Coordinating Minister for National Security.ler of Dubai, Deputy Prime Minister The latter is currently visiting the UAE to participate in his country’s national day at Expo 2020 Dubai. The meeting took place at Expo 2020 Dubai.

They also discussed various issues of mutual interest including global efforts to speed up recovery to reach pre-pandemic levels.

The meeting was also attended by Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, other ministers and senior officials.