BLOOMBERG JPMorgan Chase & Co hit a fresh record high for the first time in more than two years. Shares of the largest US bank gained 1.2% to $172.08, surpassing the prior high watermark set in October 2021. The New York-based lender has been a top performer in the sector as it posted record results last year, prompting its Chief ...

BLOOMBERG Nigeria’s central bank has released inaugural guidelines for banks opening cryptocurrency accounts, while retaining its ban on them holding or trading in virtual assets on their own behalf. The rules, published on the central bank’s website, flesh out the regulator’s decision last month to lift its prohibition on banks operating accounts for crypto service providers. “Current trends globally have ...

ABU DHABI/ WAM In a transformative year marked by unprecedented global expansion and strategic acquisitions, AD Ports Group (ADX: ADPORTS) has further cemented its position as one of the world’s leading facilitators of global trade and logistics. The year has been pivotal in enhancing the Group’s connectivity, capacity, and international presence, underscoring a commitment to drive sustainable innovation and excellence ...

ABU DHABI/ AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and His Highness Lieutenant General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, have attended a wedding reception hosted by His Excellency Faraj Ali Ghanem bin Hamoodah for the marriage of his son Mohamed to the daughter ...

AMMAN/ WAM Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Bisher Khasawneh, Prime Minister of Jordan, discussed ways of enhancing trade and investment relations between the UAE and Jordan to stimulate joint economic growth and create more opportunities for cooperation between their business communities and private sectors. This came as Prime Minister Khasawneh received Dr. ...

ABU DHABI/ WAM Abu Dhabi Islamic Bank, a leading financial institution, announces the implementation of “GitHub Copilot for Business,” an AI-powered tool set to revolutionise operations within the bank. This innovative technology aims to elevate productivity and efficiency by harnessing generative AI capabilities in code generation, error identification, and optimisation recommendations across various business functions. GitHub Copilot stands as a ...

DUBAI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today attended the Arab Strategy Forum 2024, which is being held under the theme “The Political and Economic State of the Arab World”. His Highness highlighted the urgent need for the region to resolve its conflicts and bring ...

BLOOMBERG Eight new Thai airlines are set to start operations as the tourism-reliant nation expects a sustained recovery in leisure travel to draw about 35 million foreign visitors this year. Really Cool Airlines, which plans to offer scheduled services on medium-to-long haul international routes, is among the companies which have won Transport Minister Suriya Jungrungreangkit’s approval for operator licenses, according ...

BLOOMBERG All 379 people aboard a Japan Airlines Co flight managed to escape after the Airbus jetliner burst into flames following a collision with a smaller plane as it landed at Haneda Airport in Tokyo, while most of the crew aboard the other aircraft were killed. Passengers and crew were safely evacuated from the Airbus SE A350-900, an airline spokesperson ...

BLOOMBERG The Airport Authority Hong Kong is offering its first-ever local currency public bond, pricing a HK$4 billion ($512 million) debt deal as passenger traffic recovers at the financial hub. The 3.5-year bond has been priced to yield 3.83%, according to a person familiar with the matter. The proceeds will be used for the airport’s capital expenditure, including plans for ...