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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.

Bahrain and EU hold discussions to ramp up ties in energy sector

Bahrain's Oil Minister Mohammed bin Mubarak Bin Daina and Christophe Varno, EU ambassador-designate to Bahrain. (BNA)
By TRENDS Desk
November 26, 2023 12:47 pm
  • The Bahrani oil minister shared details with the envoy of the kingdom's oil projects and environmental initiatives aiming for zero neutrality by 2060
  • The EU ambassador applauded the kingdom's progress and development, pledging to continue promoting investment for both parties sides

Manama, Bahrain— Bahrain and the European Union (EU) have held discussions to boost cooperation in various domains, including the energy sector.

In this regard a meeting took place in Manama between Dr. Mohammed bin Mubarak Bin Daina, Minister of Oil and Environment and Special Envoy for Climate Affairs and Christophe Varno, European Union (EU) Ambassador-designate to Bahrain, residing in Riyadh.

The meeting discussed means of enhancing cooperation between Bahrain and the EU in various domains, including the energy sector. 

The Minister of Oil and Environment highlighted the kingdom’s oil projects and environmental initiatives aiming for zero neutrality by 2060, expressing hope for increased cooperation and coordination to achieve these goals.

Varno commended the kingdom’s progress and development, pledging to continue promoting investment and leveraging expertise to achieve economic goals for both parties.

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