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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 committed to promote sustainability in all sectors

Dr Sultan Al Jaber with a delegation from Ghana at an event in Abu Dhabi.
  • The declaration of 2023 as the ‘Year of Sustainability’ reflects the UAE’s commitment to promote sustainability in all sectors, says says Special Envoy for Climate Change
  • The move will pave the way for the country's efforts to accelerate global climate action ahead of COP28, adds Dr Sultan bin Ahmed Al Jaber

ABU DHABI, UAE — Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and UAE Special Envoy for Climate Change, has said that the declaration of 2023 as the ‘Year of Sustainability’ reflects the UAE’s commitment to promote sustainability in all fields and sectors, and paves the way for the country’s efforts to accelerate global climate action ahead of COP28.

Dr Al Jaber added that the UAE has long maintained that the principles of sustainability must be incorporated into every sector of the economy.

“The country’s commitment to sustainability was led by its founding father, Sheikh Zayed bin Sultan Al Nahyan, and this commitment remains a guiding light for the current leadership.”

The ‘Year of Sustainability’ will culminate in the most important climate event of the year, COP28 UAE, which will take place at Expo City Dubai from 30th November to 12th December, 2023.

Sultan Al Jaber continued, “The UAE will strive to make COP28 one of solidarity and action. It will listen, engage, and build partnerships with all parties who seek to play a constructive role in the clean energy transition. It will bridge the global north and south and include public and private sectors, scientists and civil society, women and youth. And it will raise ambitions and move from goals to concrete action.”

He concluded, “The ‘Year of Sustainability’ offers a reminder of the need for innovation across all sectors to drive inclusive and transformational development—and of the important role that the UAE must play to create this future.”