BLOOMBERG  JPMorgan Chase & Co boosted its outlook for the boon from higher interest rates after its purchase of First Republic Bank. The biggest US bank raised its guidance for net interest income this year to $84 billion, excluding its trading business, up from a previous forecast of $81 billion, according to an Investor Day presentation on its website. The ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has written to Rodrigo Chaves, President of the Republic of Costa Rica, with an invitation to the COP28 climate change conference to be held at Expo City Dubai in November. The invitation was presented to President Chaves by Rawdha Alotaiba, UAE ambassador to Costa Rica, at ...

CAIRO / WAM The UAE International Investors Council (UAEIIC) has signed a memorandum of understanding (MoU) with the Egyptian-Emirati Business Council (EEBC) to enhance the existing investment partnerships. The MoU also aims at creating more investment opportunities in the sectors of the new economy, green projects, recycling, clean projects, the technological sector, new digital technologies and other areas of common ...