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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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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

UAE and Cyprus look at ways to boost trade, cooperation

The two foreign ministers shaking hands before sitting down for a meeting.
  • The Ministers reviewed a number of issues of common concern, including the situation in the eastern Mediterranean
  • Sheikh Abdullah lauded the distinguished bilateral relations between the UAE and Cyprus

Foreign ministers of the United Arab Emirates and Cyrus reviewed bilateral relations and ways to boost trade between the two countries at a meeting in Nicosia.

Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation of UAE, Nikos Christodoulides, Minister of Foreign Affairs of Cyprus, looked at ways to boost joint cooperation between the two friendly countries in various fields, including economic and trade.

The Ministers reviewed a number of issues of common concern, including the situation in the eastern Mediterranean, as well as developments in the regional and international arenas.

Sheikh Abdullah lauded the distinguished bilateral relations between the UAE and Cyprus, highlighting the keenness of the two sides to promote cooperation across various sectors.

During the meeting, the parties also discussed the role of Expo 2020 Dubai in enhancing cooperation and exploring promising opportunities for international partnerships, as well as promoting collective international action and stimulating global economic growth.

Sheikh Abdullah praised Cyprus’ participation in Expo 2020 Dubai, highlighting the importance of this global event in promoting international cooperation and supporting global efforts to achieve sustainable development in societies.