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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.
  • Forward-looking UAE museum looks into the future

    The Museum of the Future along Dubai's main highway has been touted as the 'world's most beautiful building'.

    Its organizers have said the visitors will be taken “on a journey of the year 2071”.

    Many believe the Museum of the Future is UAE’s one more attempt to boost its soft power as a trading and tourism hub and to diversify its economy away from oil.

  • Iran’s chief nuclear negotiator returns to Vienna

    Iran's chief negotiator will fly back to Vienna on Sunday evening following consultations in Tehran, state media reported, as talks...

    The talks to restore the agreement known formally as the Joint Comprehensive Plan of Action involve Iran as well as Britain, China, France, Germany and Russia directly

    On Saturday Iranian Foreign Minister Hossein Amir-Abdollahian said Tehran was studying a rough draft of a deal to revive the nuclear deal

  • UAE wants political solution to Ukraine crisis: Anwar Gargash

    Anwar Gargash, UAE Minister of State for Foreign Affairs and adviser to President Khalifa Bin Zayed Al-Nahyan, made these comments...

    The world is facing a difficult test and severe polarization imposed by the Ukrainian crisis, which threatens the foundation of international community, Gargash said.

    Ministry of Foreign Affairs and International Cooperation (MoFAIC) had expressed particular alarm at the consequences for civilians present in Ukraine.

  • Arab students stranded in Ukraine desperate to go home

    Among Arab countries, Morocco has the largest number of students in Ukraine, with around 8,000 enrolled in universities, followed by...

    Egyptian students tried to cross the border into Poland with no help from their native country, hoping to make it back home

    The Lebanese government plans to help nationals trapped in Ukraine as the Russian invasion continues

  • Iran says studying draft deal to restore nuclear agreement

    The EU has been mediating between negotiators from Iran and a U.S. delegation to revive nuclear deal.

    Iran's chief negotiator Ali Bagheri is back in Tehran for consultations on the rough draft of a new nuclear deal

    Iran's Foreign Minister Amir-Abdollahian said that the talks had reached on "a critical and important stage"

  • UAE sends food aid to Ethiopia’s Tigray region

    The aid was sent following the directives of the UAE's leadership to help improve the humanitarian situation in the Tigray...

    The UAE has already sent six planes carrying 300 tons of relief and food supplies to the city of Mekelle

    That aid, which included 200 tons of vegetable oil, was sent last year in cooperation with the World Food Program

  • Russia invasion appears ‘frustrated’ by stiff Ukraine resistance

    The United States and Western allies are still able to deliver arms into Ukraine to bolster the military, and Washington...

    According to Pentagon information, Russia now has at least 50 percent of its massive invasion force inside Ukraine

    However, the force is making slow progress on its original three-front thrust due to unexpectedly stiff resistance

  • UAE, UK discuss strategic cooperation

    The ministers of the UAE and the UK discussed the historic relations between the two countries and their strategic cooperation,...

    Sheikh Abdullah bin Zayed Al Nahyan, UAE’s Minister of Foreign Affairs and International Cooperation represented UAE

    He underlined the longstanding relations between the UAE and the UK and their continuous desire to strengthen them

  • Iran says it will continue to enrich uranium even after a deal

    Iran has said that it will continue to enrich uranium to 20 percent purity even after sanctions against it are...

    Iran is now enriching to various levels, the highest being around 60 percent

    Iranian officials had told media earlier that Iran had agreed to suspend its 20 percent and 60 percent enrichment if an agreement is reached in the Vienna talks

  • UAE calls for ‘cessation of hostilities’ in Russia-Ukraine war

    The UAE has called for immediate cessation of hostilities in the war between Russia and Ukraine. The appeal came in...

    the Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed particular alarm at the consequences for civilians present in Ukraine, as well as for the region

    The Ministry emphasized the importance of ensuring that humanitarian assistance reaches those in need, and called on all parties to respect International Humanitarian Law

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