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US stock futures advance, Japan yields top 2014 high

BLOOMBERG US stocks futures rallied after strong earnings from Intel Corp, while Asian bonds retreated after Japan surprised investors by loosening its control of market rates. Contracts on the Nasdaq 100 rose as much as 0.8%, with Intel surging 8% in premarket trading as the chipmaker gave a bullish revenue forecast. Advanced Micro Devices Inc and Nvidia Corp added more ...

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Tabreed reports net profit of AED386.4 million for H1 2023

ABU DHABI / WAM The National Central Cooling Company (Tabreed) released its consolidated financial results for the first six months of 2023, reporting a net profit of AED386.4 million, compared to AED240.4 million during the same period in 2022. In the first half of the year, Tabreed’s revenue increased by 9.4% YoY to AED1.067 billion, from AED975.7 million in H1 ...

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UAE leaders congratulate President of Peru on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Dina Boluarte of the Republic of Peru on the occasion of her country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh ...

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