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Economy, Geostrategy

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

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.

World population set to reach 8bn this year, says UN

The world's population is expected to hit eight billion on November 15, the UN forecast Monday. AFP
By TRENDS Desk AFP
July 11, 2022 3:03 pm
  • The forecast by the UN Department of Economic and Social Affairs said the world's population is growing at its slowest pace since 1950
  • It should hit 8.5 billion in 2030 and 9.7 billion in 2050, peaking at around 10.4 billion people in the 2080s before steadying at that level until 2100
The world’s population is expected to hit eight billion on November 15, the UN forecast Monday in a report that said India will surpass China as the most populous country on earth in 2023.
That overall population milestone “is a reminder of our shared responsibility to care for our planet and a moment to reflect on where we still fall short of our commitments to one another,” Secretary-General Antonio Guterres said, without citing specifics.
“This is an occasion to celebrate our diversity, recognize our common humanity, and marvel at advancements in health that have extended lifespans and dramatically reduced maternal and child mortality rates,” he added.
The forecast by the UN Department of Economic and Social Affairs said the world’s population is growing at its slowest pace since 1950. It should hit 8.5 billion in 2030 and 9.7 billion in 2050, peaking at around 10.4 billion people in the 2080s before steadying at that level until 2100.
While a net drop in birth rates is observed in several developing countries, more than half of the rise forecast in the world’s population in the coming decades will be concentrated in eight countries, the report said.
It said they are the Democratic Republic of Congo, Egypt, Ethiopia, India, Nigeria, Pakistan, the Philippines and Tanzania.
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