Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

The deal is aimed at expanding public and social infrastructure.

FPT and Nvidia to build AI factory

Nvidia had invested around $250 million in Vietnam.

Swiss reserve hike hits UBS

The reserve requirement will increase from 2.5% to 4% from July 1.

Jordan king discusses trade, regional issues in talks with Oman sultan

Jordan King Abdullah and Sultan Haitham bin Tarik of Oman on Tuesday agreed to advance economic cooperation between the two countries.
  • The two leaders focused on maintaining coordination and consultation on various issues of mutual concern, especially food security and energy
  • King Abdullah expressed appreciation for Oman’s position and continuous efforts to bolster security and stability in the region

Muscat, Oman – Jordan King Abdullah and Sultan Haitham bin Tarik of Oman on Tuesday agreed to advance economic cooperation between the two countries, especially in trade, investment, and industry.

The two leaders, in their talks at Al Alam Palace, which were also attended by Jordanian Crown Prince Al Hussein bin Abdullah II, focused on maintaining coordination and consultation on various issues of mutual concern, especially  food security and energy.

They also called for the Oman-Jordan Joint Committee to reconvene after the royal visit.

King Abdullah expressed appreciation for Oman’s position and continuous efforts to bolster security and stability in the region. He also emphasised the centrality of the Palestinian cause, the importance of supporting the Palestinians as they seek their just and legitimate rights, and the need to achieve just and comprehensive peace based on the two-state solution.

Discussions also focused on the importance of reaching political solutions to regional crises, in order to restore security and stability to the region.