Search Site

Trends banner

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.

UAE provides $10m in aid to Turkey

  • the UAE expressed its solidarity with the Turkish people in these exceptional circumstances
  • The move follows the directives of Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi

The United Arab Emirates has announced the provision of $10 million to contribute to the reconstruction of some Turkish regions that were affected by wildfires and floods that swept through these areas.

The move follows the directives of Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

In this regard, the UAE expressed its solidarity with the Turkish people in these exceptional circumstances, affirming the country’s keenness to contribute to providing appropriate support to mitigate the humanitarian repercussions and damage caused by floods in the north of the country and wildfires in southwestern Turkey.

The UAE always seeks to extend a helping hand to brotherly and friendly countries in such circumstances that require solidarity and cooperation at various levels.

This move reflects the continuous efforts undertaken by the UAE to assist those affected by natural disasters.