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Technology giants weigh on US futures; Treasuries gain

US equity futures fall as megacap technology shares slumped in pre-market trading, marring a three-day rally on Wall Street and raising new doubts over whether this year’s $5.5 trillion selloff is nearing a bottom. Contracts on the Nasdaq 100 fell more than 1% after disappointing quarterly updates from Microsoft Corp., Google parent Alphabet Inc. and Texas Instruments Inc. S&P 500 ...

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UAE, UK discuss ways to bolster bilateral ties

Abu Dhabi / WAM  HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, discussed during a phone call with James Cleverly, UK’s Secretary of State for Foreign, Commonwealth and Development Affairs, the friendship relations, bilateral relations and ways to enhance them for the mutual interest of both friendly countries. The two sides reviewed the latest ...

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UAE government revenues up 26% in 2021: Ministry

Abu Dhabi / WAM The Ministry of Finance (MoF) released on Tuesday the preliminary government finance statistics data for year 2021, in accordance with the criteria of the Government Finance Statistics Manual issued by the International Monetary Fund (IMF). This comes in line with the Open Data Policy set by the UAE. During 2021, the revenues at the federal level ...

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