ADNOC Drilling H1 revenue $2.37bn

• The company's Board of Directors approved the $217 million (approx. 5 fils per share) second quarterly dividend for 2025.
• The dividends are expected to be paid in the second half of August 2025 to all shareholders of record as of 8th August 2025.

Eni profit falls due to dip in oil prices

• Revenues also declined in the second quarter by 14 percent year-on-year to 18.8 billion euros, the company said in a statement.
• The oil giant also confirmed its production target of 1.7 million barrels of oil a day for the current year, despite a three percent decline in the second quarter.

Emirates NBD H1 profit $3.40bn

• Lending increased by AED41 billion, or 8 percent, during the first half of 2025, fueled by very strong demand both in the UAE and across its growing international network.
• Operating profit grew 9 percent as the strong loan and deposit growth momentum easily absorbed earlier interest rate cuts.

ADIB H1 pre-tax profit $1.08bn

• Total income for H1 2025 rose 11 percent to AED5.9 billion, up from AED5.3 billion in H1 2024.
• Non-funding income rose 15 percent year-on-year to AED2.3 billion in H1 2025, up from AED2 billion in the prior-year period.

AstraZeneca to invest $50bn in US

• "Today’s announcement underpins our belief in America’s innovation in biopharmaceuticals," the statement quoted CEO Pascal Soriot as saying.
• The company said it expects 50 percent of its revenue to come from the United States by 2030.

UAB net profit up by 50% for H1

• Total income rose by 24 percent YoY to AED 374 million.
• The increase in net profit reflects significant growth in total assets—up 11 percent from December 2024—and the Bank’s disciplined approach to risk management.

ADNOC shifts OMV stake to XRG

• This transfer, which is subject to regulatory approvals, is aligned with ADNOC’s strategy to consolidate its international growth investments under XRG.
• ADNOC is also progressing with preparation for the proposed establishment of Borouge Group International, which is set to be a top-four global polyolefins producer.

SIB H1 net profit $189m

The $10 mn bag: Original Birkin smashes records at Paris auction

• The modern design classic, owned by a Paris-based handbag collector, sparked a telephone bidding war up to seven million euros, with the final sale price set at 8.58 million.
• The final buyer, who eclipsed eight other rivals, was a "private collector from Japan", the auction house added, without giving further details.

TSMC’s H1 revenue up 40 percent