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.
Abu Dhabi to host Global Entrepreneurship Festival 2026
Under the patronage of His Highness Sheikh Zayed bin Nahyan bin Zayed Al Nahyan, the Abu Dhabi Global Entrepreneurship Festival 2026 will be held from April 20-22 at the Abu Dhabi Energy Centre, bringing together entrepreneurs, investors, experts, decision-makers and businesswomen.
Dubai’s new business support measures set to boost resilience, growth
Officials overseeing Dubai’s tourism and key economic sectors have said that the business support measures announced earlier this week will bolster resilience, help companies navigate short-term challenges and support sustained growth.
Drugmakers face 100% tariff unless they cut prices or produce drugs in US
President Donald Trump signed an executive order on Thursday imposing 100 per cent tariffs on branded pharmaceuticals imported into the US unless manufacturers agree to government drug pricing deals or commit to making their products domestically.
Wall Street soars as traders bet on potential war off-ramp
Wall Street ended sharply higher on Tuesday, lifted by speculation about a potential de-escalation in the Middle East conflict that has sent oil prices soaring and fuelled fears of global inflation in recent weeks.
US trade chief sees only limited role for WTO
The World Trade Organisation will play only a limited role in global trade policy after a failed ministerial meeting in Cameroon, US Trade Representative Jamieson Greer said on Monday, vowing to seek alternative arrangements with like-minded countries.
UAE air defences detected and successfully intercepted 23 ballistic missiles and 56 drones launched from Iran on Saturday, the Ministry of Defence confirmed.
The United Arab Emirates, on Saturday, expressed its condemnation and denunciation of the riots, attempted vandalism, and attacks targeting its embassy and the residence of its Head of Mission in the Syrian capital, Damascus.
Authorities have responded to a "minor incident" caused by debris from a drone interception that fell on the facade of the Oracle building in Dubai Internet City on Saturday morning.
