Bloomberg Bitcoin and Ether reached their highest levels in more than two months after a major Ethereum upgrade and even in the face of uncertainty over crypto rules in the US infrastructure plan. Bitcoin gained as much as 3.1% to $45,328 on August 8, its highest level since May 18. Ether increased as much as 3.5% to $3,191, gaining for …

DHAHRAN / WAM The Saudi Arabian Oil Company Aramco announced on Sunday its second quarter 2021 financial results, reporting a 288 percent increase in net income from the same quarter of last year to $25.5 billion and declaring a dividend of $18.8 billion. The Company’s net income for the first half of the year was $47.2 billion, representing a 103 …

ABU DHABI / WAM The UAE has welcomed appointment of Hans Grundberg as the UN Special Envoy for Yemen and reiterated its support for all efforts aimed at finding a peaceful solution towards ending Yemeni crisis. The Ministry of Foreign Affairs and International Cooperation praised the pivotal role played by the Kingdom of Saudi Arabia to bring about stability in …