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Economy, Geostrategy

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.

Saudi group at WEF calls for international cooperation

The delegation noted international cooperation for establishing security and peace in the region. (Pixabay)
By TRENDS Desk
May 26, 2022 10:56 pm
  • The delegation participated in a panel discussion entitled "Kingdom of Saudi Arabia: A Future Vision".
  • It highlighted kingdom's role in supporting the region's stability within the framework of promoting development.

A Saudi delegation said Wednesday that the transformation march launched by it a few years ago contributed to enhancing the economic, social and development dimensions of the Kingdom and has created qualitative investment opportunities.

The delegation participated in a panel discussion, “Kingdom of Saudi Arabia: A Future Vision”, on  Wednesday at the World Economic Forum’s session at Davos.

It highlighted the kingdom’s role in supporting the region’s stability within the framework of promoting development and maintaining the energy supply market.

They stressed international cooperation for the region’s benefit, establishing security and peace, and strengthening economic cooperation.

Margery Kraus, founder and CEO of APCO Worldwide, moderated the session.

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