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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.

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.

How major Arab economies performed since 1975

  • The region's dynamics have changed a lot due to oil exports from 1975 to 2021.
  • The Arab countries are now among top-world investors in high-tech companies

Arab countries have earned a prominent positions in the global economy. They are no more known as the providers of only oil and petroleum-derived products.

The region has now become a top-world investor in high-tech companies across the globe.

At a time when the future of the global economy is going to change following the trends from regional economies, TRENDS Infographic of this week reviews the region’s performance in terms of GDP growth between 1975 and 2021.