Things are looking good for Alphabet and Amazon.
Both companies have reported a near 20% rise in revenues for the latest quarter of this year.
Google-parent Alphabet said more advertisers are willing to spend money on its YouTube and search services.
However online retail giant Amazon stated that its profits are lower than what they expected.
They say they’re trying to speed up delivery times in a bid to win over more customers.
China hits US defence firms with sanctions over Taiwan arms sales
China's foreign ministry has announced sanctions targeting 10 individuals and 20 US defence firms, including Boeing's St. Louis branch, over arms sales to Taiwan.
Dubai Free Zones Council reviews efforts to boost investor experience
The Dubai Free Zones Council, chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum, held its 33rd meeting to discuss key priorities aimed at boosting Dubai’s business environment.
ADFD finances project to enhance water security in Mauritania
Abu Dhabi Fund for Development (ADFD) has contributed to a strategic project that will supply the city of Kiffa and the surrounding region in Mauritania with potable water.
Waymo to update software after power outage snarls self-driving vehicles
Alphabet unit Waymo has announced on Tuesday that it will update software used to operate its self-driving vehicles and improve its emergency response protocols after its robotaxis stalled in parts of San Francisco on Saturday due to a widespread power outage that snarled traffic.
Masdar to develop Southeast Asia’s largest floating solar plant
Abu Dhabi Future Energy Company – Masdar has announced its first project in Malaysia, with the signing of a power purchase agreement (PPA) to develop a 200-megawatt floating solar photovoltaic project at the Chereh Dam in Pahang State.
A humanitarian aid convoy provided by the UAE's Saqr bin Mohammed Al Qasimi Foundation for Charity and Humanitarian Work has entered the Gaza Strip under Operation Chivalrous Knight 3, carrying vital therapeutic and preventive supplies for children and women.
Dubai Police have taken firm action against 90 individuals for riding electric bikes in a reckless and dangerous manner on sports tracks and dedicated scooter lanes at Kite Beach.
The UAE has strongly condemned the bombing at a mosque in Homs, central Syria, which left a number of civilians dead and injured.
