Armenian President Visits UAE: Strengthening Ties Between Nations

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  In a significant diplomatic move, the President of Armenia has embarked on an official visit to the United Arab Emirates (UAE), aiming to bolster bilateral relations, expand economic cooperation, and foster cultural exchange between the two nations. The high-level visit marks a new chapter in Armenia-UAE relations, showcasing a mutual commitment to deepening political dialogue and exploring opportunities in trade, technology, energy, tourism, and investment. During his visit, the Armenian President held discussions with top Emirati leaders, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi. The leaders discussed regional and international developments, emphasizing the importance of peace, stability, and economic collaboration in the South Caucasus and Middle East regions. Key Highlights of the Visit: Economic Partnerships: Talks included strategies to enhance mutual trade and explore investment in sectors such as infrast...

What's Driving Apple's Record Profits in Q4 2023 Despite Falling Sales?

 


A large amount of Apple's profit increase can be ascribed to strong iPhone sales. The iPhone's sustained attractiveness, especially in the face of strong competition, underscores Apple's tenacity in retaining its core customer base and drawing new customers. Furthermore, the company's services sector, which includes a wide range of offerings such as Apple Music, iCloud, and the App Store, was critical in boosting profitability.

Nonetheless, the most notable part of Apple's performance this quarter is the disparity between net profit and total sales. While the company's net profit increased by 10.7% year on year, total revenue decreased somewhat, falling to about $89.49 billion. Despite the fact that this is Apple's fourth consecutive quarter of falling sales

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