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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.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

Turkish share of global exports reaches 1 percent: Erdogan

Turkish president says his country's share of world exports increased to 1.05 percent.
  • Turkish exports, Erdogan added, have now reached 217 countries and regions around the world
  • He predicted that Turkey will exceed the export target of USD 250 billion set for the end of this year

Turkish President Recep Tayyip Erdogan revealed on Monday that his country’s share of world exports increased to 1.05 percent reaching USD 243 billion during the ten months ending in May 2022, up from USD 225 billion during the same period up to May 2021.

Turkish exports, Erdogan added, have now reached 217 countries and regions around the world. 

He credited his government’s policies for this performance, saying the exports increased 6 times and the number of exporters four times over the past 20 years.

Turkey has made investments worth USD 3.5 trillion in education, health, industry, tourism, and social support, he added.

Erdogan predicted that Turkey will exceed the export target of USD 250 billion set for the end of this year, indicating that it is steadily achieving the goals of the Vision 2023.  Turkish exporters, he noted, have a large share in Turkey’s development, making it one of the top 10 economies of the world.