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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.
  • 19 pro-Iran fighters killed in Syria strikes, says monitor

    Air strikes in eastern Syria "likely" launched by Israel killed at least 19 pro-Iran fighters, a war monitor said. The...

    A US military official, requesting anonymity, said the "US did not conduct any defensive strikes overnight".

    The war monitor said the strikes targeted military positions in Albu Kamal and its surroundings in Deir Ezzor province.

  • Egypt leads Arab world in population with 113m citizens

    DUBAI, UAE – Egypt stands as the most populous Arab country with 113 million people, marking it the 14th largest...

    Iran and Turkey, with populations of 89 million and 86 million respectively, demonstrate substantial numbers in the Middle East region.

    The data, highlighting population sizes of various countries worldwide, pointed out that the global population has reached 8.082 billion.

  • Morocco law reform offers hope for women’s rights

    Rabat, Morocco - Two decades after a landmark but limited revision of Morocco's family law marked a breakthrough for women, activists...

    The reform of the legal code was ordered by King Mohammed VI, who is expected to have the final say in any disputes over the new law.

    A committee tasked with drafting the changes was formed in September and includes the justice minister as well as judicial and religious figures.

  • ACC holds workshop in Jordan on dangers of human trafficking

    AMMAN, JORDAN - Amman Chamber of Commerce (ACC), in cooperation with Ministry of Justice and Jordan Judicial Council (JJC), organized...

    The workshop aims to introduce human trafficking crime in Jordanian law and global pacts and the measures taken at the national level to help victims.

    The workshop reflects the "important" role played by national institutions in combating human trafficking and raise awareness of its dangers.

  • Dubai to host ‘Arab Strategy Forum’ next week

    Dubai, UAE--The Arab Strategy Forum will commence in Dubai on January 3rd, 2024 to debate the intricate political and economic...

    The platform will bring together prominent global leaders, strategic experts, and leading figures in the realms of politics and economics

    Participants will examine the intricate political and economic landscape of the region, and analyze current positions of Arab nations

  • Gazans ‘exhausted’ as Israel-Hamas war rages on

    UN chief Antonio Guterres on Friday reiterated his call for "an immediate humanitarian ceasefire", while the World Health Organization (WHO)...

    Smoke billowed over the Gaza Strip's southern city of Khan Yunis, the focus of recent fighting in the grinding war, which was triggered on October 7 by Hamas attacks on Israel

    Further south, the border city of Rafah near Egypt was teeming with Gazans seeking safety from Israel's relentless bombardment in its fight against Palestinian fighters

  • Russian strikes kill at least 30 across Ukraine

    A massive air attack targeted schools, a maternity hospital, shopping arcades, blocks of flats, and many other sites, according to...

    The Ukrainian army said that Russia launched 158 missiles and drones on Ukraine

    The United Nations condemned the attacks and said they must stop "immediately"

  • Iran asserts peaceful nuclear agenda amid western concerns

    Tehran, Iran - Iran's nuclear program remains peaceful, said Nasser Kanani, the spokesman for the Iranian Ministry of Foreign Affairs,...

    Iranian foreign ministry spokesman Nasser Kanani reaffirmed the country's commitment to continuing cooperation with the IAEA

    Kanani said that Iran views negotiation and diplomacy as the best methods for resolving any unfounded concerns about its nuclear program

  • Turkish SuperCup in Saudi postponed over ‘political slogans’

    According to the Saudi sports television channel SSC, "the match has been cancelled. The match will not take place." Scheduled...

    The teams wanted to warm up wearing shirts bearing the image of Mustafa Kemal Ataturk

    After the refusal, the rival teams and Turkish football federation decided to postpone the match

  • US approves ’emergency’ sale of munitions to Israel

    Washington, United States - The United States on Friday announced the approval of a $147.5 million sale of 155mm high-explosive artillery...

    The same provision was used earlier this month to approve the sale of nearly 14,000 rounds of 120mm tank ammunition to Israel

    Israel requested that 155mm fuses, primers and charges be added to previous foreign military sale cases, increasing their estimated total cost from $96.51m to $147.5m