BLOOMBERG US equity-index futures dropped after Microsoft Corp and Google’s parent Alphabet Inc delivered a mixed picture of big tech earnings. Contracts on the Nasdaq 100 sank 0.6% and those on the S&P 500 were down 0.4%. Alphabet fell more than 7% in premarket trading after its cloud unit reported a smaller than expected profit. Microsoft, on the other hand, ...

ABU DHABI/ WAM The National Marine Dredging Company (NMDC) announced its record growth rates in net profits during the third quarter of 2023, reaching AED1.513 billion for the first nine months. This reflects the organisation’s leading position in the local, regional and global markets, as well as its strategic role in implementing major vital projects by enhancing its competitiveness and ...

ABU DHABI/ WAM Investcorp Capital plc has announced its intention to proceed with an IPO of 643,000,000 ordinary shares with a nominal value of USD 0.50 (equivalent to AED 1.84) each representing approximately 29.34% of its issued share capital post issuance of the new shares and to admit its shares for listing and trading on the Abu Dhabi Securities Exchange ...