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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.
  • Tajikistan to team up with Iran to build renewable energy sources

    Tajikistan’s minister of energy and water resources said that his country is engaged in a program that includes construction of...

    Tajikistan Minister Juma Daler Shofakir held a meeting with the Iranian Energy Minister Ali-Akbar

    The minister said that the Raqoon PowerHouse can generate 3,700 megawatts of hydropower

  • Iran welcomes Saudi crown prince’s remarks on ties

    Iran's foreign minister on Saturday appeared to welcome recent comments by Saudi Arabia's crown prince about relations between the two...

    "The recent remarks of a high-ranking Saudi official show their desire to establish bilateral relations with Iran, and we welcome that," Hossein Amir-Abdollahian told the media

    The two rivals have held four rounds of talks in Iraq since April aimed at improving relations

  • Iran and IAEA see a way to resolve nuclear issues

    Iran and the International Atomic Energy Agency said Saturday after talks in Tehran that they agreed on an approach to...

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

    The nuclear deal is hanging by a thread since the United States' unilateral withdrawal in 2018 under then-president Donald Trump

  • GCC to boost international cultural ties for strategic partnerships

    The Gulf Cooperation Council (GCC) seeks to boost its participation in international cultural arenas and events to activate strategic partnerships...

    Secretary-General of the GCC, Nayef Al-Hajraf, said this on Friday at second International Forum for Just Peace Culture

    He added that the peace culture is a concept that contains a system of positive values to be translated into actions

  • The secretive Taliban leader shows his face

    One of the Taliban's most secretive leaders, whose only picture on US "most wanted" lists is a grainy semi-covered profile,...

    Interior Minister Sirajuddin Haqqani, who also heads the feared Haqqani Network, has previously only been photographed clearly from behind

    The United States has offered a reward of up to $10 million for information leading to his arrest, saying he was responsible for a string of terror attacks

  • Bahrain signs Artemis Accords to bolster space cooperation

    Among other things, NASA plans to use the Artemis missions to land the first woman and first person of color...

    Joining the accords will give Bahrain new opportunities for cooperation and investment in the space field

    It is also expected to facilitate the exchange of expertise among its signatories of the Artemis Accords

  • UN nuclear watchdog chief arrives in Tehran as UK says deal ‘close’

    Iran's Foreign Minister Hossein Amir-Abdollahian said he was prepared to travel to Vienna if a deal is reached.

    Rafael Grossi, Director General of International Atomic Energy Agency is set to meet Iranian officials on its visit to Tehran

    Iran's Foreign Minister Hossein Amir-Abdollahian said he was prepared to travel to Vienna if a deal is reached

  • Added to FATF grey list, UAE renews vow to nix financial crimes

    The UAE is the latest country to be added to the list, and will have to work closely with the...

    The Financial Action Task Force has included the United Arab Emirates in the ranks of ‘jurisdictions with strategic deficiencies,’ also known as the ‘grey list’

    Countries on the list have to commit to resolve swiftly the identified strategic deficiencies within agreed timeframes and is subject to increased monitoring

  • Living rough in Morocco, migrants dreams of Spanish enclave

    Melilla and Ceuta, Spain's tiny enclaves, have the EU's only land borders with Africa that attracts desperate migrants to escape...

    Around 500 migrants out of 2,500 managed to cross Morocco's border with a Spanish enclave this week, authorities have confirmed

    In May 2021, almost 10,000 migrants stormed Ceuta as Moroccan border forces did not stop them, highlighting Spanish reliance on Moroccan cooperation on migration

  • Russia attack on Ukraine nuclear plant draws global ire

    With fears growing of nuclear conflict, the US and Russian armed forces have set up a new direct phone line...

    Ukraine has accused the Kremlin of ‘nuclear terror’, and US envoy to the UN said the attack was ‘incredibly reckless and dangerous’

    Russia’s UN ambassador called accusations that Russian forces had shelled the plant part of ‘an unprecedented campaign of lies’

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