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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.

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Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

GCC wants to expand strategic partnership with India

GCC wants to expand strategic partnership with India.
  • The remarks were made during GCC Secretary General Al-Hajraf’s meeting with the Indian Ambassador to the Kingdom of Saudi Arabia Dr. Ausaf Sayeed
  • Al-Hajraf praised the level of bilateral relations between the GCC and India in light of the framework agreement for economic cooperation signed between the two sides in 2004

Secretary General of the Gulf Cooperation Council (GCC) Dr. Nayef Falah Mubarak Al Hajraf on Monday stressed the importance of enhancing and expanding the strategic partnership between the GCC and India to serve joint interests.

The remarks were made during Al-Hajraf’s meeting at the headquarters of the GCC Secretariat General with the Indian Ambassador to the Kingdom of Saudi Arabia Dr. Ausaf Sayeed on the occasion of ending of his tenure. 

During the meeting, both sides discussed several regional and international issues of mutual concern. 

Al-Hajraf praised the level of bilateral relations between the GCC and India in light of the framework agreement for economic cooperation signed between the two sides in 2004.