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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.

UAE and Spain discuss cooperation in renewable energy, water sectors

The Spanish delegation expressed interest in participating in DEWA’s leading projects.
  • The two sides also discussed initiatives and programs that consolidate the transition towards a green economy.
  • DEWA CEO Saeed Mohammed Al Tayer held a meeting with Iñigo de Palacio, Spain’s Ambassador to the UAE.

Spain and UAE have reviewed Dubai Electricity and Water Authority’s achievements besides key projects and cooperation in the clean and renewable energy sectors.

The two sides also discussed initiatives and programs that consolidate the transition towards a green economy and sustainability at a meeting in which said DEWA CEO Saeed Mohammed Al Tayer received Iñigo de Palacio, Spain’s Ambassador to the UAE, and Andres Salinero, Trade and Economic Counsellor at the Spanish Embassy.

Al Tayer talked about the importance of strengthening cooperation and the contribution of Spanish companies to electricity and water projects in Dubai, especially in the clean and renewable energy sectors.

He also spoke about the importance of the exchange of expertise and the best practices in the energy and water sectors.

The Spanish delegation expressed interest in participating in DEWA’s leading projects in clean and renewable energy and water, praising the bilateral relations between the UAE and Spain and DEWA’s efforts in achieving sustainable development in Dubai.