Search Site

Trends banner

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.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

UAE at Tashkent conference: infrastructure key driver for investment

Pic: WAM
    • UAE minister Al Mazrouei invites participants to Expo 2020

      The minister praises Uzbekistan for attracting investment and developing the country’s infrastructure

    TASHKENT: Investing in infrastructure is a key foundation of establishing a sustainable economy, and the main driver for investors to invest in countries.
    This message was communicated by UAE energy and infrastructure minister Suhail bin Mohammed Al Mazrouei at a conference that concluded recently at Tashkent, capital of Uzbekistan.
    The conference, ‘Central and South Asia: Regional Connectivity, Challenges and Opportunities’ was attended by over 600 participants from more than 40 countries, including Ashraf Ghani, President of Afghanistan, and Imran Khan, Prime Minister of Pakistan, along with ministers of foreign affairs and representatives of Central and South-Asian governments and other countries, as well as heads of influential regional and international organizations, global financial companies and leading research centers, Emirati News Agency reported.
    Al Mazrouei invited the conference’s participants to attend Expo 2020 Dubai in the UAE, which will be a unique event gathering millions of people from around the world in October 2021.
    He also praised the strong relations between the UAE and Uzbekistan and the vision of Shavkat Mirziyoyev, President of Uzbekistan, which promotes openness to the world, enabling the Uzbek government to amend laws to attract investments and develop the country’s infrastructure, WAM reported.