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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.
  • Bahrain eyes cooperation with Germany in aviation, tourism

    Bahrain's Minister said the private sector plays a key role in strengthening bilateral relations, as it boosts the volume of...

    Bahrain's Minister stressed the importance of attracting more expertise and investments.

    He also highlighted the incentive packages provided by Bahrain for overseas investors.

  • Arab League plays safe, calls for diplomatic solution in Ukraine

    The Arab League on Monday expressed its worry over Russia's invasion of Ukraine and called for a "diplomatic solution," as...

    Most Arab countries so far have not come down on one side or the other in the war

    Middle East and North African governments are cautious in their response to Russia, a major supplier of the region's wheat and weapons.

  • UN Security Council extends Yemen arms embargo to all Houthi rebels

    The UN Security Council voted Monday to extend to all of Yemen's Houthi rebels an arms embargo that until now...

    Yemen has been embroiled since 2014 in a civil war between the Iran-backed Houthis and the internationally recognized government supported by a Saudi-led military coalition.

    Russia, which is close to Iran, voted in favor of the resolution targeting the rebels.

  • Iran says awaits ‘political decisions’ of Western parties in nuclear talks

    All sides to the negotiations have signaled progress in the talks being held in the Austrian capital, but add that...

    Parties to the 2015 deal saw it as the best way to stop Iran from building a nuclear bomb -– a goal Tehran has always denied.

    The negotiations to revive the deal involve Iran as well as France, Germany, Britain, Russia and China directly, and the US indirectly.

  • Saudi Deputy Defense Minister meets Abu Dhabi’s Crown Prince

    Prince Khalid bin Salman conveyed the greetings of the Custodian of King Salman bin Abdulaziz Al Saud.

    Prince Khalid bin Salman conveyed the greetings of the Custodian of King Salman bin Abdulaziz Al Saud

    The two kingdoms discussed strategic cooperation and the developments in the regional and international arena

  • Russia on nuclear alert as Ukraine fiercely resists invasion

    President Vladimir Putin ordered on Sunday Russia's nuclear forces onto high alert in response to what he called ‘unfriendly’ steps...

    Russia invaded on Thursday and quickly announced it had neutralized key Ukrainian military facilities, but fierce fighting has since raged

    Ukraine forces, backed by Western arms, are stymieing the advance of Russian troops, while the US leads Western condemnation and sanctions

  • Turkey recognises Russia-Ukraine ‘war’, may block warships

    If needed, Turkey will apply the Montreux agreement which governs the free movement of commercial ships through the Bosphorus and...

    Turkey has offered to host talks between Russian president Putin and Ukrainian president as it has strong ties with both the countries

    Turkey did not immediately respond to the Ukraine's request of closing the access to the Black Sea for Russian ships

  • Russia invasion of Ukraine risks displacing over 7 million: EU

    According to the UN, if the war continued, there will be around 18 million Ukrainians that will be affected in...

    According to the latest situation report from the OCHA, ‘more than 160,000 people have reportedly been internally displaced’

    ‘Over 116,000 have been forced to flee across international borders into neighboring European countries,’ OCHA added

  • Arab League to meet over Ukraine war to discuss Russian invasion

    A number of Arab countries are heavily dependent on wheat supplies from both Ukraine and Russia.

    A number of Arab countries are heavily dependent on wheat supplies from both Ukraine and Russia

    The UAE, a non-permanent member of the UN Security Council, abstained Friday in a vote on a resolution, vetoed by Moscow

  • Jordan, Tunisia review bilateral ties, ways to boost health cooperation

    The ministers of Jordan and Tunisia discussed ways to enhance bilateral ties, especially in health cooperation. Jordan’s Health Minister Firas...

    Jordan’s Health Minister Firas Al Hawari met with Tunisian counterpart Ali Mrabet on Saturday in Amman

    The ministers reviewed establishing health facilities such as cancer treatment centers and structures for monitoring communicable diseases.

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