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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.

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.

Citi names new co-heads of emerging markets division in EMEA

Citi names new co-heads of emerging markets division in EMEA.
  • Rizwan Shaikh and Hamza Girach have worked at the bank for about 20 years
  • Girach was a member of the group that covered Saudi Aramco's historic IPO in 2019

New York, US – Citigroup has appointed Hamza Girach and Rizwan Shaikh as co-heads of emerging markets in its banking, capital markets, and advisory division in Europe, the Middle East, and Africa (EMEA), Reuters reported.

Shaikh and Girach have worked at the bank for about 20 years. Girach was a member of the group that covered Saudi Aramco’s historic IPO in 2019.

Citi has also named Miguel Azevedo chairman of emerging markets EMEA investment banking.