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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.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

Relative debt of GCC countries

Here’s a look at which countries in the Gulf Cooperation Council (GCC) have how much debt, and how they compare to their GDP.
  • Global organizations like the World Bank could lend them money to improve their economy and infrastructure
  • Nations have also been known to take loans from their own population, like in times of war, to raise money

Countries across the world often incur debt due to various reasons.

For starters, global organizations like the World Bank could lend them money to improve their economy and infrastructure.

The countries, then, have to pay back these loans at fixed rates.

Nations have also been known to take loans from their own population, like in times of war, to raise money.

National debt is often considered one of the safest avenues of investment, because countries rarely default on them.

However, one thing that many investors in national debt look at is the quantity of the total debt and how it compares to that country’s GDP.

Here’s a look at which countries in the Gulf Cooperation Council (GCC) have how much debt, and how they compare to their GDP: