Articles
Bank of America profit surges 19% on higher interest income
Net income jumped to $7.4bn as revenue, net of interest expense, increased 11% to $25.2bn
Dubai's Scalo leads $3.5m funding round for mobile game publisher Hexacore
Warsaw-headquartered company will use the new capital to fuel its expansion
More women-led funds 'will boost female entrepreneurship in the UAE'
The Emirates is seeing more female representation in boardrooms, experts say
JP Morgan profit soars 67% on higher interest rate income
US lender's net income surged to $14.5bn in three months to end of June
Google’s Bard expands to 59 new markets and adds 43 languages
The Alphabet-owned company has also added additional features to Bard and new languages included Arabic, Chinese, German, Hindi and Spanish
Twitter reportedly down in Canada, India and parts of Europe
Nearly half the problems reported were related to uploading the app
Agthia launches $54m fund to boost innovation
Company working to transform operations under a five-year growth strategy to become region's top food and beverage company by 2025
Microsoft to lay off more employees on top of 10,000 January job cuts
Company to cut 276 permanent staff in its home state of Washington
UAE ranks seventh globally in per capita national income
The figure in the Emirates jumped to $87,729 based on purchasing power parity in July last year, Wam reports
Sheikh Hamdan launches Dubai Digital Cloud project to boost tech infrastructure
Agreements signed between Digital Dubai, Microsoft and Moro Hub to carry out the project
Abu Dhabi-listed Invictus to invest $272m for expansion into North and East Africa
The company will seek acquisitions and joint ventures with local entities
ADGM publishes hotel and tourism rules to boost regulatory framework
Department of Culture and Tourism will take on all regulatory responsibilities relating to hotels and tourism establishments in financial hub
Meta apps reportedly down in US, India and Europe
Meta's newest app Threads had more than 30 million sign-ups in less than 24 hours of its launch this week
More than 100 countries consider central bank digital currencies
Eleven countries have already launched CBDC projects, according to UK's financial news platform Finbold
Meta stock jumps after Threads launch
Threads sign-ups grow to 30 million in less than 24 hours, Mark Zuckerberg says
