ATM

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.

  • Dubai Islamic Bank unveils digital banking services

    Dubai, UAE - Dubai Islamic Bank launched DIB alt, a full-fledged digital umbrella brand to house all of the bank's digital offerings and capabilities under one roof. DIB ‘alt’ is a full-service transformative digital banking experience that is set to enhance the banking experience for DIB’s customers by many folds,...

  • Jordan’s online payment system records transactions worth $13.4bn

    Online bill payments through National Electronic Payment System in Jordan surged 27 percent in 2021 to JD 9.5 billion ($13.4bn). It involved 34 million transactions, with 51 percent increase year-on-year, said Governor of Central Bank of Jordan (CBJ) Adel Sharkas. He noted mobile phone payments soared 107 percent in volume...

  • CBUAE puts into circulation new AED5 and AED10 banknotes

    The Central Bank of the UAE (CBUAE) has announced that the new AED5 and AED10 banknotes have entered circulation in the UAE following distribution to all banks operating in the country.