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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.

Morocco, UK ink pact on climate action, clean energy, green growth

Morocco and the United Kingdom sign Strategic Framework for Cooperation on climate action, clean energy and green growth.
  • The agreement aims to facilitate Morocco’s accelerated transition from fossil fuels to clean and affordable energy
  • It also aims at the systemic integration of climate action into government and private sector planning and action

Rabat, Morocco: Morocco and the United Kingdom signed on Tuesday a Strategic Framework for Cooperation on climate action, clean energy and green growth.

Signed by Moroccan foreign minister Nasser Bourita, and the UK Minister of State for the MENA region Lord Ahmad, the agreement aims to facilitate Morocco’s accelerated transition from fossil fuels to clean and affordable energy, Maghreb Arab Press (MAP) reported.

It also aims at the systemic integration of climate action into government and private sector planning and action, as well as spurring the growth of strong, diversified, and sustainable economic sectors that unlock quality jobs, investment, and growth.

The signing of the agreement came on the sidelines of the 4th session of the Morocco-UK Strategic Dialogue, co-chaired by Bourita and Lord Ahmad.  

Launched in London on July 5, 2018, the Strategic Dialogue seeks to consolidate the historical ties between the two kingdoms.