Things are looking good for Alphabet and Amazon.
Both companies have reported a near 20% rise in revenues for the latest quarter of this year.
Google-parent Alphabet said more advertisers are willing to spend money on its YouTube and search services.
However online retail giant Amazon stated that its profits are lower than what they expected.
They say they’re trying to speed up delivery times in a bid to win over more customers.
UAE pushes for South America trade deal at Mercosur Summit
The UAE has reaffirmed its commitment to strengthening economic ties with South America's Mercosur bloc, as it pushes to secure a landmark trade agreement with the regional alliance.
UAE-Ukraine CEPA takes effect, boosting economic ties
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Ukraine officially comes into force on July 1, in a significant advancement in the two nations' economic ties.
UAE looks to deepen Panama ties as trade jumps nearly 50%
The UAE is looking to strengthen trade and investment ties with Panama after non-oil trade between the two countries rose by almost 50 per cent last year.
Al Tayer calls for global action on critical minerals to power clean energy transition
Saeed Mohammed Al Tayer, Chairman of the World Green Economy Organisation (WGEO), has called for stronger international cooperation and investment in critical minerals, describing them as essential to achieving global climate goals and accelerating the transition to clean energy.
UAE, US strengthen economic and financial partnership during Washington talks
The UAE and the United States have reaffirmed their commitment to expanding economic cooperation during a series of high-level meetings in Washington, D.C., led by UAE Minister of State Saeed Al Hajeri.
