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Apple laptop maker’s profit halved

  Bloomberg Apple Inc MacBook assembler Quanta Computer Inc said its Shanghai campus recovered from Covid-related disruptions more slowly than expected, halving its profit. Net income for the second quarter came in at NT$3.96 billion, down 50% and below the average estimate of NT$4.3 billion. Sales totalled NT$270.5 billion, versus average analyst estimate of NT$258.4 billion. Quanta announced in April ...

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Abu Dhabi’s H1 non-oil foreign trade rises 12% to AED124bn

  Abu Dhabi / WAM The total value of the emirate of Abu Dhabi’s non-oil foreign trade amounted to about AED124 billion during first half of 2022, compared to AED110 billion and 313 million, with a growth rate of 12%, recorded in the same period of 2020. Exports during the first six months of this year increased to 26%, at ...

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UAE aid ship arrives in Somalia to deliver food, relief supplies

  MOGADISHU / WAM An Emirati aid ship carrying more than 1,000 tonnes of various food and relief supplies has arrived at Mogadishu port in Somalia to meet the needs of approximately 2.5 million people affected by drought. This initiative comes as part of the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to provide all forms ...

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