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Twitter gains as ad revenue holds up

  Bloomberg Twitter Inc’s sales jumped 22% in the fourth quarter, signalling that the social network’s digital advertising business has held up even as changes to Apple Inc.’s data-collection rules hurt some larger rivals. Sales in the holiday quarter rose to $1.57 billion, compared with $1.58 billion analysts had predicted. Revenue in the current period will be $1.17 billion to ...

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UAE highlights efforts to help global community recover from Covid-19

  NEW YORK / WAM The United Arab Emirates highlighted its ongoing efforts to help countries around the world recover from the Covid-19 pandemic during the 60th session of the United Nations’ Commission for Social Development. Covid-19 assistance that the UAE has provided includes more than 2,000 tonnes of supplies and nearly 200 medical assistance flights sent to 135 countries. ...

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Taqa reports net income of AED6 billion in 2021

  Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa) on Friday reported consolidated financial results for the year ended December 31, 2021 with net income (Taqa-share) of AED6.0 billion, an increase of AED3.2 billion, thanks to greater contribution from the oil & gas segment and reflecting the AED1.5-billion post-tax impairment charge in the previous year. The group revenues ...

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