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IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

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.

Saudi exports leap up 40 percent to $6.2bn in June

  • Exports in June went up by 40 percent from a year ago
  • According to the Saudi Export Development Authority (Saudi Exports) the number in June includes exports of products worth SR21 billion

Saudi non-oil exports recorded a 40 percent jump, the highest-ever monthly level, in June 2021, touching $6.2 billion.

According to the Saudi Export Development Authority (Saudi Exports) the number in June includes exports of products worth SR21 billion, while the country made SR2.5 billion in re-exports of goods.

The statement said, “Exports in June went up by 40 percent from a year ago, when the country shipped exports with total value of SR16.8 billion.”

This year Saudi exports continued rising above the SR20 billion mark, the statement said. This comes at a time when the global economy is recovering from the pandemic, while the number of Saudi plants kept increasing beyond 10,000.