Bank of America’s Third-Quarter Profit Beats Expectations…and Revenue Exceeds $25 Billion
Bank of America reported that its profit for the third quarter beat analysts’ expectations compared to the same period last year. The company’s net profit rose to $7.27 billion, or…
The EU seeks a solution to nuclear support
Nuclear power plant in Germany – Archive On Tuesday, EU energy ministers will meet in Luxembourg in an attempt to break the deadlock over reforming the European electricity market resulting…
U.S. stocks rise on support from corporate profits, and the Dow Jones gains 314 points
U.S. stocks rise on support of corporate profits…and Dow Jones rises 314 points On the first day of the week, far from the tragic events in the besieged Gaza Strip,…
Emirates News Agency – 1.35 billion dirhams in local equity liquidity at start of week
Monday, October 16, 2023 – 6:52 p.m ABU DHABI, 16th October / WAM / Local bourses attracted more than 1.35 billion dirhams in liquidity at the end of today’s trade,…
World Ultra-Fast Broadband Forum 2023 Discusses Ways to Accelerate Transition to “Gigabit” Communities in Countries in Region
Muscat: The Global Ultra-Fast Broadband Forum 2023, organized by Huawei in Dubai last week under the theme “Interconnected Intelligence for New Growth”, in collaboration with the United Nations Broadband Commission,…
The Kuwait Stock Exchange is organizing a day for asset managers in Dubai
Boursa Kuwait, in collaboration with HSBC Bank, organized a “Financial Asset Managers Day” at the bank’s headquarters in Dubai. The event brought together representatives from eight licensed Kuwaiti investment firms…
Combined decline in Gulf shares excluding Qatar… and Egyptian index rises 1.6%
Normal October 15, 2023 19:00 hrs Dubai: “The Gulf”On Sunday, stocks in most Gulf Cooperation Council countries fell, while Qatar’s stock market index rose 0.06%. The main Saudi stock index…
Algerian gas turbines await global experience.. What’s the story?
Algerian gas turbines await results of global trials that could revolutionize markets. It decarbonises the energy sector and supports the country’s efforts to achieve carbon neutrality targets. The European Hyflexpower…
Oil traders are on the defensive against the risk of an escalating war between Israel and the opposition
Oil traders are hedging against the risk of an escalating war between Israel and Palestinian resistance Oil prices posted their highest increase in a month after Iran said it could…
Ferrari accepts payments in cryptocurrencies, among them Bitcoin and Ether
Ferrari recently joined the train of companies paying in cryptocurrencies for its luxury sports cars in the US, and Enrico Gallira, the company’s chief marketing and commercial officer, said Ferrari…
