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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.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.
  • Power partially restored in Lebanon after nationwide blackout

    Lebanon's electricity grid was back online Sunday after the army supplied fuel to two key power stations that had run out, a minister said, ending almost a day of total blackout. The Deir Ammar and Zahrani plants ground to a halt Saturday, causing the state electricity network to collapse completely.
  • Saudi pupils ready to be back at school

    Confined to homes for more than 18 months by the coronavirus pandemic, Saudi pupils are all set to be back at school with the Covid paraphernalia of face masks, bottles of sanitizer, in addition to books and notebooks. 
  • Yalla Group to buy back shares worth $150-million

    The company will use its existing cash balance to buy back shares over the next 12 months It also quashes allegations of manipulating operating or financial data on the Yalla app   Social media platform Yalla’s parent company Yalla Group Limited announced on Friday, May 21, that it would buy...