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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.
  • Iranian artworks fetch over $10m during Tehran Auction

    A total of 120 lots of modern and contemporary Iranian works of art were offered during the auction at Tehran’s...

    The highest-earning painting was Reza Derakhshani’s Counting Days and Nights, Every Day and Every Night

    The mixed-media painting with fig leaves on canvas, created in 2017, fetched 52 billion rials (about $1.24 million)

  • Katy Perry unveils shoe range inspired by trip to Egypt

    The pop diva visited Egypt in 2019 to celebrate her 35th birthday, and seems have taken inspiration from this.

    The Pyramid and the Bettie are currently available for sale on Perry’s website for the discounted prices of $89 and $59, respectively

    The actual costs are $129 for the Pyramid, which comes in two colors, and $89 for the Bettie, which comes in two colors

  • Saudi handouts, to poor, leap to $27bn

    Saudi Arabia has paid nearly $27 billion, since 2017, in monthly handouts to low-income families, facing the unintended effects of...

    Expenditure on social benefits rose by 51 percent as the largest rise from H1 2020, reaching SR42 billion for H1 2021

    Saudi Arabia gives some $27bn in handouts to poor families

  • Dubai Tourism launches new trailer

    This is the second instalment of the Dubai Presents campaign, and like the first one highlights some of Dubai’s most...

    This trailer comes just days after the Dubai Presents campaign was launched with the spy-action genre

    This one-minute-six-second trailer is titled Dubai: A Romance to Remember

  • Park featuring world’s largest aquarium 64 percent complete

    The aquarium will be home to 68,000 marine animals including, sharks, schools of fish, manta rays and sea turtles.

    The aquarium will be home to 68,000 marine animals including, sharks, schools of fish, manta rays and sea turtles.

    Yas SeaWorld Research and Rescue Center to become first of its kind in UAE, focusing on indigenous Gulf and marine life ecosystems.

  • Dubai ropes in Hollywood stars for new tourism drive

    Jessica Alba and Zac Efron are part of Dubai’s latest tourism campaign as it eyes global travel recovery and growth.
  • Burj Khalifa advertises upcoming Netflix series Navarasa

    The world’s tallest building has over the years been used to promote quite a few films and film stars from...
  • Amazon to launch ‘Lord of the Rings’ series in Sep 2022

    The streaming service hopes that the yet-to-be-titled series will rival the success of "Game of Thrones."

    The streaming service hopes that the yet-to-be-titled series will rival the success of "Game of Thrones."

    The first season's episodes will be released on a weekly basis

  • Bollywood composer accused of ‘stealing’ Israel national anthem

    Twitter users in India were quick to point out that the tune being played as Israel was being awarded the...
  • Dubai’s ‘Museum of the Future’ listed among world’s 14 most beautiful ones

    The Museum of the Future, an architectural marvel that sits at the bustling heart of Dubai, is set to become...

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