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IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

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.

Two years after normalization of ties, Israel names first envoy to Bahrain

  • The move came two days after the first Bahraini ambassador to Israel, Khaled Yousif Al Jalahma, inaugurated the Gulf state's embassy in Israel
  • The UAE and Bahrain signed the US-brokered agreements to establish diplomatic relations with Israel in September 2020

 

Israel appointed its first ambassador to Bahrain, almost a year after the two countries normalized their ties.

Eitan Na’eh, who had served for eight months as the temporary head of mission at the Israeli embassy in the United Arab Emirates (UAE), was appointed as the first Israeli envoy to Bahrain, the Israeli Foreign Ministry said in a statement on Thursday.

The move came two days after the first Bahraini ambassador to Israel, Khaled Yousif Al Jalahma, arrived in Israel and inaugurated the Gulf state’s embassy in Israel.

The UAE and Bahrain signed the US-brokered agreements to establish diplomatic relations with Israel in September 2020. The move was followed later by Sudan and Morocco.