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UAE-Romania joint committee holds its first meet in Bucharest

BUCHAREST / WAM The UAE-Romania Joint Committee on Tuesday held its first ministerial meeting in the Romanian capital, Bucharest. The meeting was chaired by Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, and by Teodor Melescanu, Minister of Foreign Affairs of Romania. The meeting featured the presence of several high officials from the Government of Romania including Danut ...

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US stocks rise amid earnings

Bloomberg US stocks rose amid better-than-expected earnings from several industry heavyweights, adding to evidence that the strengthening economy is lifting corporate profits. The S&P 500 Index pushed through its average price for the past 50 days, a level it hasn’t breached in a month. Netflix Inc. surged after subscriber growth topped estimates. Johnson & Johnson and UnitedHealth Group Inc. climbed ...

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Saudi stocks continue to rise, telcos boost Egypt

Reuters Saudi Arabia’s stock market continued a strong uptrend on Tuesday on the back of petrochemical and banking stocks, while rising telecoms shares boosted Egypt. The Saudi index closed 0.6 percent up at 8,096 points, having finished above 8,000 points on April 16 for the first time since August 2015. Petrochemicals giant Saudi Basic Industries rose 1.9 percent before going ...

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