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Economy, Geostrategy

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

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.

GCC, Pakistan launch 3rd round of free trade negotiations

The third round of negotiations for a free trade agreement between the GCC states and Pakistan began in virtual mode on Monday.
By TRENDS Desk
May 31, 2022 9:45 am
  • The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan
  • Free trade negotiations with Pakistan are part of GCC countries' effort to strengthen cooperation with their international partners

The third round of negotiations for a free trade agreement between the Gulf Cooperation Council (GCC) states and Pakistan began in virtual mode on Monday. 

The negotiations would continue until June 2.

The Chairman of the GCC Negotiating Team and General Coordinator of Negotiations, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing  negotiations with Pakistan as part of the GCC countries’ effort  to strengthen cooperation with their international partners through free trade agreements.

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