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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.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.
  • Abu Dhabi Chamber sets up working group to support startups, SMEs

    ABU DHABI, UAE – The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has formed a working group specifically for startups and small and medium-sized enterprises (SMEs) here.  This initiative aims to support and represent the interests of these businesses in the region.The goal is to make Abu Dhabi the...
  • Dubai private jet company to go public

    With a fleet of more than 70 aircraft, the transaction could value company at $10 billion Vista was founded by Swiss billionaire Thomas Flohr with just three planes in 2004 The Dubai-based private jet company, Vista Global Holding Ltd., might go public through a merger with a Special Purpose Acquisition...
  • Delivery of 500 condos built by Azizi Developments will be made next month

    The residential units comprise 334 studios, 48 one- and 94 two-bedroom apartments, and 10 spacious, luxurious sky villas The condominiums are part of a big project in Al Furjan in Dubai To cope up with the growing demand for condominiums in the heart of Dubai, Azizi Developments, one of the...
  • UAE minister continues visits aimed at cutting carbon footprint

    *Visits also aimed at highlighting examples of successful ventures * EGA has invested $1 billion in environmental technologies since 2010 Dr Abdullah Belhaif Al Nuaimi, United Arab Emirates cabinet member and minister of climate change and environment, on Sunday toured Emirates Global Aluminium’s site in Dubai, as part of a...