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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.

Half a ton of heroin seized from unflagged boat in Arabian Sea

A file picture of the contraband seized by the Abu Dhabi Police in March 2022. (WAM)
  • It seized the drugs with an estimated value of 50 million euros after its frigate Guepratte spotted the dhow on December 27.
  • Part of the illegal drugs shipment was "probably intended for the European market", said the command based in Abu Dhabi in the United Arab Emirates.

Abu Dhabi, United Arab Emirates–The French navy seized nearly half a ton of heroin and 3.5 tons of cannabis resin when it intercepted an unflagged boat in the Arabian Sea, it said Monday.

It seized the drugs with an estimated value of 50 million euros after its frigate Guepratte spotted the dhow on December 27, the Indian Ocean Maritime Command said in a statement.

Part of the illegal drugs shipment was “probably intended for the European market”, said the command based in Abu Dhabi in the United Arab Emirates.

The French ship was operating as part of the multinational mission Naval Task Force 150 aimed at strengthening regional security and combating illicit trafficking.