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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

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 provides $10m in aid to Turkey

  • the UAE expressed its solidarity with the Turkish people in these exceptional circumstances
  • The move follows the directives of Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi

The United Arab Emirates has announced the provision of $10 million to contribute to the reconstruction of some Turkish regions that were affected by wildfires and floods that swept through these areas.

The move follows the directives of Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

In this regard, the UAE expressed its solidarity with the Turkish people in these exceptional circumstances, affirming the country’s keenness to contribute to providing appropriate support to mitigate the humanitarian repercussions and damage caused by floods in the north of the country and wildfires in southwestern Turkey.

The UAE always seeks to extend a helping hand to brotherly and friendly countries in such circumstances that require solidarity and cooperation at various levels.

This move reflects the continuous efforts undertaken by the UAE to assist those affected by natural disasters.