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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.
  • Ukraine is Europe’s ‘fastest growing refugee’ crisis since World War II

    UN officials said they expected the wave of refugees to intensify further as the Russian army pressed its offensive, particularly...

    More than 1.5 million refugees from Ukraine have crossed into neighboring countries in 10 days, the UN High Commissioner for Refugees Filippo Grande said.

    WHO director-general Tedros Adhanom Ghebreyesus, also expressed grave concern at the worsening humanitarian situation.

  • Italy, Qatar discuss cooperation in energy sector amid Ukraine crisis

    Italy and Qatar discussed greater cooperation in the energy field in light of the Russia-Ukraine conflict, in a meeting at...

    Italian Foreign Minister Luigi Di Maio and his Qatari counterpart Mohammad bin Abdelrahman Al-Thani met in Doha.

    Qatar is the world’s third-largest supplier of natural gas after Russia and Algeria.

  • Saudi Arabia and Egypt to cooperate in telecommunications

    Saudi Arabia and Egypt have signed an agreement to strengthen cooperation between the two countries in the fields of telecommunications,...

    The memorandum serves to work on cooperation and exchange of experiences in the field of smart cities also

    It also includes agreements to coordinate joint events, and to design training programs and workshops

  • Israel PM to press on with Ukraine talks, even if chances ‘not great’

    Israel's premier said Sunday his country had a "moral obligation" to help stem fighting in Ukraine even if chances of...

    Prime Minister Naftali Bennett met for three hours with Russian President Vladimir Putin at the Kremlin on Saturday, before flying to Berlin to meet Chancellor Olaf Scholz

    He has not joined Western leaders in forcefully condemning the Russian invasion, instead stressing Israel's strong relations with Moscow and Kyiv

  • Inaugural session of Qatar-Nigeria Economic Forum begins

    The Qatar-Nigeria Economic Forum kicked off in Lagos, the economic capital of the Federal Republic of Nigeria.

    The Forum aims to enhance economic cooperation and review business opportunities between the two countries

    A special focus will be placed on cooperation in the fields of manufacturing, construction, oil and gas and technology

  • Iran and IAEA sound optimistic on nuclear deal, but Russia demurs

    Iran and the UN nuclear watchdog said Saturday they had agreed an approach for resolving issues crucial to reviving the...

    The announcement came shortly before Russia said it would seek guarantees from the United States before it backs the deal

    International Atomic Energy Agency (IAEA) chief Rafael Grossi said the UN agency and Iran "did have a number of important matters that we needed... to resolve"

  • Russia threatens Ukraine ‘statehood’ as sanctions tighten

    Since Russia's invasion 10 days ago, the economic and humanitarian toll of the war has spiraled, sending more than one...

    Russia has threatened a wider war if a no-fly zone is set up by any Western power

    Ukraine has received weapons, ammunition and funds from its Western allies

  • Ukraine dominates social media info war with Russia

    People from Ukraine have posted videos showing the success of their forces, and they have become viral.

    The Ukrainian president's daily video addresses, published with English subtitles, have became viral sensations on social media

    Recently, Russia shut down its final bastions of free-speech media, suspended Facebook, and restricted access to Twitter

  • Israel PM meets Putin on Ukraine in ‘risky’ diplomatic move

    Israeli Prime Minister Naftali Bennett's sit-down with Russian President Vladimir Putin was the first by a foreign leader since the...

    Bennett and Putin met for three hours, in a visit that was coordinated with the US, Germany, and France

    Bennett's delegation included housing minister Zeev Elkin, a fluent Russian-speaker born in Soviet-era Ukraine

  • Israel president to visit Turkey next week

    Erdogan has already said Herzog's planned visit would be an opportunity to 'open a new chapter in relations between Turkey...

    Israeli President Isaac Herzog will visit Turkey to discuss 'potential for expanding collaboration in various fields'

    Herzog will be received by President Erdogan and then he will meet with Jewish community member of Turkey,

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