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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.

UAE to provide Ukraine with $100m in humanitarian aid

The UAE provided similar relief aid in recent months to Ukrainian civilians affected by the crisis. (WAM File)
  • Minister of State for International Cooperation Reem bint Ebrahim Al Hashimy said the UAE's continued efforts to mitigate the humanitarian impact of the Ukraine crisis
  • Al Hashimy added that the UAE has provided similar aid in recent months to Ukrainian refugees in Poland and Moldova

The UAE president Sheikh Mohamed bin Zayed Al Nahyan has ordered additional humanitarian relief aid worth US$100 million to Ukrainian civilians affected by the Ukraine crisis.

Minister of State for International Cooperation Reem bint Ebrahim Al Hashimy said that the additional aid stems from the belief of Sheikh Mohamed in the importance of solidarity in times of war and conflict, and the UAE’s continued efforts to mitigate the humanitarian impact of the Ukraine crisis.

Al Hashimy added that the UAE has provided similar  aid in recent months to Ukrainian civilians affected by the crisis, in addition to sending planes carrying aid to Ukrainian refugees in Poland and Moldova.