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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.

SHUAA to launch next-gen Digital Wealth platform

Alahmadi is set to be a part of the Board’s Investment Committee.
    • The Digital Wealth Platform will open up SHUAA to a broader investor base

    • The new digital wealth platform will integrate new technologies such as AI with curated management

    SHUAA, an asset management and investment banking firm, is set to launch a new digital wealth fintech as part of its plans to further develop its digital offerings.

    The new digital wealth platform will integrate new technologies such as AI with curated management and advisory services for a seamless experience.

    The digital wealth platform will open up SHUAA to a broader investor base, including the next generation of investors.

    The company has appointed Hadi Raad, an ex-Visa and Google alumnus, to lead SHUAA’s innovative and ambitious digital proposition as Chief Digital Officer.

    Hadi holds both a Bachelor’s degree in engineering in computers and communications and a Master’s degree in Engineering Management from the American University of Beirut. He also holds an MBA with high honors from the University of Chicago, Booth School of Business.