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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.

Qatar to expand scheme to boost Syria power supply

Files: Syrian President Ahmad Al-Sharaa attends the signing ceremony of a strategic agreement to develop Tartus Port in Damascus, Syria, on July 13, 2025.
By TRENDS Desk AFP
August 2, 2025 8:50 am
  • The deliveries, aimed at alleviating chronic power outages in Syria, will increase the Qatari scheme's generating capacity to 800 megawatts per day
  • A first phase of the Qatari scheme to fund gas supplies for power generation rolled out in March via Jordan and provided 400 megawatts of electricity per day

Doha, Qatar – Qatar is to expand its scheme to boost the power supply in Syria by paying for deliveries of Azerbaijani gas through Turkey, the Gulf state’s development fund announced on Thursday.

The deliveries, aimed at alleviating chronic power outages in Syria, will increase the Qatari scheme’s generating capacity to 800 megawatts per day, the Qatar Fund for Development said.Syria’s 14-year civil war wrecked its power infrastructure, leaving consumers with power cuts of up to 20 hours a day.

A first phase of the Qatari scheme to fund gas supplies for power generation rolled out in March via Jordan and provided 400 megawatts of electricity per day.

The new deliveries will be received at Aleppo power station from Saturday and the electricity will be supplied to “various cities and neighbourhoods”, the Qatar Fund for Development said.

Qatar and Turkey are among the leading foreign supporters of the Islamist-led interim government formed in Syria following the overthrow of longtime president Bashar al-Assad in December.

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