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European Commission Disburses Second Instalment of Macro-Financial Assistance to Egypt

Wall Street Closes Higher on Chip, AI Stocks

New york: Wall Street’s main indices closed higher on Monday, supported by gains in semiconductor and artificial intelligence stocks.

According to Emirates News Agency, the S and P 500 rose 0.74 percent to close at 7,538.34 points, while the Nasdaq Composite advanced 1.12 percent to 26,121.16 points. The Dow Jones Industrial Average also gained 0.29 percent, ending the session at 53,053.59 points.

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Kuwait Reports Iranian Attack on Power and Water Plant

Kuwait city: Kuwait’s Ministry of Electricity, Water and Renewable Energy announced that one of its power generation and water distillation plants was attacked due to Iranian aggression against Kuwait. The attack resulted in damage to the plant’s faci…