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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.

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.

UAE, Oman agree to cooperate on development, environmental protection

The two sides will exchange research and studies.
  • Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, paid a visit to Oman to enhance cooperation in fish farming and achieving net-zero targets
  • Almheiri said that the UAE seeks to encourage the implementation of eco-friendly solutions to address environmental challenges

Dubai, UAE— The UAE and Oman have signed an agreement to enhance cooperation in order to preserve environment and encourage sustainable development.

In this connection, a UAE delegation, headed by Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, paid a visit to Oman to enhance cooperation in fish farming, achieving net-zero targets, mangrove plantation and the UAE’s preparations for the 28th Conference of the Parties (COP28).

The visit culminated in the signing of an MoU between the Ministry of Climate Change and the Environment (MoCCAE) and Oman’s Environment Authority, aimed at driving sustainable development and boosting cooperation in the various areas related to environmental protection.

Almheiri explained that the UAE seeks to encourage the implementation of eco-friendly solutions to address environmental challenges, in line with its hosting of COP28 and its efforts to push forward climate action locally and globally.

Also read: UAE, Oman education ministers discuss cooperation in the sector

The visit included meetings with Dr. Abdullah bin Ali Al Amri, Chairman of Oman’s Environment Authority, and Dr. Saud Hamoud Al Habsi, Minister of Agriculture, Fisheries and Water Resources of Oman.

As per the MoU, the two sides will exchange research and studies, and conduct joint research in the fields of environmental preservation, enhancing air quality, biodiversity conservation, achieving Sustainable Development Goals (SGDs), and preparing sustainable development progress reports.

Both sides will also exchange best practices and policies related to environmental conservation and reducing pollution.

The UAE delegation included several officials from the MoCCAE.