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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.
  • UAE urges world to address root causes of intolerance, extremism

    NEW YORK, US- Advisor to the UAE Minister of Foreign Affairs Salem Al Zaabi called on the international community to...

    Terrorism is a complex, multi-faceted, and global phenomenon that transcends borders, cultures, and religions, said the UAE official.

    The UAE hosted a discussion on terrorist groups’ acquisition, weaponization, and deployment of Autonomous and Remotely Operated Systems (AROS).

  • Hamas exhibits weapons in Gaza for first time

    The armed wing of Gaza's Islamist rulers Hamas has put its weapons on public display for the first time, drawing...

    The exhibition was the first at which Hamas has allowed the public to take photos of weapons.

    "Resistance is an image and a memory. Take souvenir photos with many of Al-Qassam's weapons," the group said.

  • Botswana inks new deal with De Beers

    GABORONE, BOTSWANA -  Botswana has reached an eleventh-hour deal with diamond giant De Beers after months of tense negotiations that saw...

    The agreement provides for a new 10-year agreement to sell the rough diamonds produced by Debswana.

    Debswana is a JV equally owned by the government and De Beers - and a 25-year extension of its mining licenses.

  • Conservative-dominated US Supreme Court steers society sharp right

    Washington, United States--One year after its ruling to erase abortion rights, the conservative-dominated US Supreme Court has underscored its determination to...

    The Supreme Court among its many rulings banned universities from giving minorities priority in admissions -- so-called "affirmative action"

    The court also struck down President Joe Biden's plan to cancel more than $400 billion of student debt to ease the financial stresses on Americans

  • ‘Agenda 47’: What Trump has promised if he wins in 2024

    Trump wants to launch "a great beautification campaign" to improve US cities, making the streets more pleasant for ordinary Americans....

    The former president and frontrunning Republican candidate for 2024 has explained in speeches and a series of "Agenda 47" policy videos how he would govern

    Often thin on detail, the eye-catching pronouncements form the backbone of a platform that Trump says will "make America great and glorious again."

  • Arab Groups supports negotiations on UN Security Council reform

    New York, US--The Arab Group has welcomed the adoption by the UN General Assembly by consensus of a resolution on...

    Al Ruwae noted that the intergovernmental negotiations are the only forum for reaching an agreement on expanding and reforming the Security Council

    Arab Group demands permanent Arab representation with full powers in the category of permanent seats in the event of any future expansion of the council

  • Violence and looting rage in France after police shot teenager

    Nanterre, France--Sporadic violence and looting hit several cities across France in a fourth night of protests after the fatal police shooting...

    In the wake of the death of 17-year-old Nahel at a traffic stop in Paris, France has deployed 45,000 officers backed by light armored vehicles to quell violence

    The violence set off by the killing of Nahel has brought out into the open longstanding grievances about policing and racial profiling in the country's multi-ethnic suburbs

  • France, UAE share vision to shift towards clean energy

    PARIS, FRANCE - French Minister of Foreign Trade Olivier Becht said his country and the UAE share a common vision...

    The UAE and his country are working together on low-carbon energy solutions, the French minister said.

    The minister highlighted the rising number of natural disasters globally caused by climate change.

  • French president announces measures to quell riots

    French President Emmanuel Macron announced measures including more police and urged parents to keep minors off the streets as he...

    French President Macron attempted to strike a balance between political pressure for a harsh response and fears of triggering a still stronger backlash.

    "Additional means" would be mobilized by government to tackle the rioting, Macron said, without specifying how many more officers might be involved.

  • Iran to join Shanghai alliance with China, Russia next week: Lavrov

    Moscow, Russia -- Iran will be formally approved as a member of the regional Shanghai Cooperation Organization with China, Russia and...

    Iran has intensified its diplomacy with friends and foes alike in recent months, seeking to reduce its isolation, improve its economy and project strength.

    The SCO, which has its headquarters in China, is a diplomatic organization with eight members, including India and Pakistan.