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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.
  • Anwaar-ul-Haq Kakar sworn in Pakistan caretaker Prime Minister

    Kakar's first task will be to choose a cabinet to run the country as it heads into an election period...

    But data from the latest census was finally published earlier this month, and the outgoing government said the election commission needed time to redraw constituency boundaries.

    Pakistan has been in political turmoil since Khan was dismissed as premier by a no-confidence vote in April 2022, culminating in him being jailed for three years.

  • Niger regime vows to prosecute deposed president for ‘high treason’

    The regime said it had gathered evidence that it would use "to prosecute the deposed president and his local and...

    Bazoum has been held in his presidential residence along with his son and wife since the day of the coup

    Military leaders said they had not taken over Bazoum's residence and that he was still free to communicate with the outside world

  • Niger regime vows to prosecute deposed president for ‘high treason’

    The regime said it had gathered evidence that it would use "to prosecute the deposed president and his local and...

    Bazoum has been held in his presidential residence along with his son and wife since the day of the coup

    Military leaders said they had not taken over Bazoum's residence and that he was still free to communicate with the outside world

  • Attack on Iran Shiite shrine leaves one dead: state media

    Fars province governor Mohamed Hadi Imanieh told state TV the attack occurred around 7:00 pm (1530 GMT). Iranian President Ebrahim...

    The attack comes less than a year after a similar one on the same holy site, the Shah Cheragh mausoleum in the Fars province capital Shiraz

    The death toll of one was confirmed by the Fars commander of the Islamic Revolutionary Guards Corps, Yadollah Bouali, speaking on state TV

  • UAE didn’t supply arms, ammunition to warring parties in Sudan: official

    The UAE, a senior official in foreign ministry said, has consistently supported the political process and efforts to achieve national...

    Afra Al Hameli, a senior UAE official said, that the country supports a peaceful resolution to the ongoing turmoil in Sudan while also respecting its sovereignty

    She added that that since the beginning of the conflict, the UAE has called for de-escalation, a ceasefire and the initiation of diplomatic dialogue

  • Syria claims US responsible for military escalation in country

    BEIRUT, LEBANON – The US is responsible for the military escalation in eastern Syria, where terrorist groups such as the...

    Syria pledged to continue its operations against terrorists until the threat is fully eliminated.

    At least 33 Syrian servicemen were killed on August 10 when a bus they were travelling in was ambushed near Al Mayadin city.

  • Naval forces in Gulf warn ships against nearing Iranian waters

    "Vessels are being advised to transit as far away from Iranian territorial waters as possible" to minimize the risk of...

    The alliance, established in 2019, is made up of 11 countries, including the United States, Great Britain, Saudi Arabia and the United Arab Emirates.

    Its mission, according to its website, is to "provide reassurance to merchant shipping in the Middle East region".

  • In favor of Iran joining BRICS, says South Africa

    TEHRAN, IRAN – Pretoria fully supports Tehran joining BRICS, South African President Cyril Ramaphosa said at a meeting with Iranian...

    The South African president supported Tehran’s desire to join the group at a meeting with the Iranian foreign minister.

    Pretoria expressed the hope that during the visit of the Iranian President to South Africa, several pacts would be signed between the two countries.

  • Chancellor Scholz urges further talks after Saudi-led Ukraine summit

    Representatives from around 40 countries including China, Germany, India and the United States took part in last weekend's gathering in...

    Similar international talks to discuss a path towards peace also took place in Copenhagen in June. Scholz called the talks in Denmark and Saudi Arabia "very special".

    Scholz said that Germany was now the second-biggest supplier of military assistance to Ukraine after the United States.

  • UAE ranks first globally in employing Indians, Saudi second: Minister

    New Delhi, India -- The UAE ranks first among the countries in the world in the employment of Indians, currently...

    Taken together, five Gulf countries -- UAE, Saudi Arabia, Kuwait, Qatar and Oman, in that order -- are among the top destinations providing employment for Indians.

    The number of Indians in the UAE last year was 3.419 million and more than 134,000 were added in one year, India's Minister of External Affairs told parliament.