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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.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

IMF adopts plan to better account for gender gaps

The IMF has adopted new policies to better consider gender in its work. AFP/File
  • Kristalina Georgieva in a statement.said that the Washington-based organization would immediately begin implementing the strategy
  • She added that "well-designed macroeconomic, structural, and financial policies can support efficient and inclusive outcomes.”

In response to multiple global crises disproportionately impacting women, the International Monetary Fund (IMF) has adopted new policies to better consider gender in its work, the global crisis lender’s managing director announced Friday.

“I am most pleased and proud to announce that the Executive Board today approved the IMF’s first Gender Strategy aimed at integrating gender into the Fund’s core activities,” said Kristalina Georgieva in a statement.

She explained that the Washington-based organization would immediately begin implementing the strategy, which includes improving access to gender-disaggregated data as well as “setting up a robust framework to ensure that macro-critical aspects of gender are integrated in IMF country work.”

“Successful implementation of this strategy will assist our member countries in achieving more inclusive and equitable economic growth and resilience,” said Georgieva.

“When women do well, countries do well.”

A Bulgarian economist who has worked for decades in international development, Georgieva added that “well-designed macroeconomic, structural, and financial policies can support efficient and inclusive outcomes and equitably benefit women, girls, and society in general.”