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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 to invest $1bn in Pakistani companies across various sectors

UAE's deposit brings the state's foreign reserves to $7.5 billion -- more than double last week's account balance.
  • The move aims to explore new investment opportunities and areas for cooperation in the best interest of the two countries
  • The two countries will cooperate in various fields, including gas, energy infrastructure, renewable energy, logistics etc

United Arab Emirates will invest US$1 billion in Pakistani companies, an official source told Emirates News Agency.

The move aims to explore new investment opportunities and areas for cooperation in projects across various sectors, so as to expand bilateral economic relations in the best interest of the two countries.

The official emphasized the keenness of the UAE and Pakistan to continue cooperation in various fields, including gas, energy infrastructure, renewable energy, health care, biotechnology, agricultural technology, logistics, digital communications, e-commerce and financial services.