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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.
  • Germany leader heads to Kyiv to calm ‘critical’ Russia war threat

    Scholz has warned Russia it should "not underestimate our unity and determination."

    Scholz has warned Russia it should "not underestimate our unity and determination"

    Russian President Putin has surrounded Ukraine from nearly all sides with more than 100,000 soldiers

  • Clashes as Israeli lawmaker visits Jerusalem flashpoint, teen killed

    Scuffles had broken out Sunday as Itamar Ben Gvir of the far-right Religious Zionism alliance set up a tent "office"...

    Scuffles had broken out Sunday as Itamar Ben Gvir of the far-right Religious Zionism alliance set up a tent "office" in Sheikh Jarrah

    More than 200,000 Jewish settlers live in east Jerusalem, in communities widely regarded as illegal under international law

  • Ukraine leader invites Biden to visit Kyiv in ‘coming days’

    Ukrainian leader Volodymyr Zelensky on Sunday invited US President Joe Biden to visit Kyiv to show Washington's support in the...

    Washington made no mention of an invitation in its readout of the 50-minute call

    The White House said "Biden reaffirmed the commitment of the United States to Ukraine's sovereignty and territorial integrity.”

  • Saudi coalition hits Yemen capital after drone attack

    "We have destroyed a communication system used to operate drone control stations," the coalition was quoted as saying by the...

    "We have destroyed a communication system used to operate drone control stations," the coalition was quoted as saying by the SPA

    Riyadh intervened in the Yemeni civil war in 2015 to support the government against the Houthi rebels

  • Bangladesh aiming at direct shipping line to UAE for faster connectivity

    Bangladesh wants to establish a direct shipping line with the UAE, which will reduce the existing navigation time by two...

    Foreign Minister of Bangladesh AK Abdul Momen, on a four-day official visit to the UAE, said Bangladesh is keen to utilize the UAE’s expertise in port management.

    The bilateral trade between two countries in 2021 stood at $1.8 billion, Momen said, adding that a direct shipping line would help multiply it several times.

  • Bahrain and Egypt share solid relations: Fawzia bint Abdulla Zainal

    Bahrain and Egypt share solid long-standing brotherly relations, and there is steady progress in it due to their deep partnership...

    The two sides discussed ways to enhance parliamentary relations between the two countries, in addition to the mechanisms to develop joint action.

    They also exchanged points of view on regional and global issues of mutual interest affirming the importance of cooperation between the two.

  • Former Iraq foreign minister Zebari ruled out of presidential race

    Iraq's supreme court on Sunday ruled out a bid by veteran politician Hoshyar Zebari to run for president after a...

    Zebari had already been suspended temporarily from the contest on February 6, the eve of the scheduled presidential vote in parliament.

    The complaint against Zebari said his participation would have been "unconstitutional" because of the outstanding corruption charges.

  • Turkish president Recep Erdogan’s visit reflects growing relations: UAE

    Erdogan's visit on Monday will be marked by a visual display on the Burj Khalifa façade, lighting up several landmarks...

    Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan had visited Ankara in November 2021 on the invitation of the Turkish President.

    Turkey is the 11th largest trading partners of the UAE, while the UAE is Turkey’s 12th biggest trading partner globally and the largest in the Gulf region.

  • Russia downplays threat of Western sanctions over Ukraine

    Moscow "doesn't give a shit" about the risk of Western sanctions if it were to invade Ukraine, Russia's outspoken ambassador...

    Excuse my language, but we don't give a shit about all their sanctions", Viktor Tatarintsev told the Aftonbladet newspaper in an interview posted on its website

    Tatarintsev accused the West of not understanding the Russian mentality

  • Tunisia: Protests erupt after Saied gives himself powers to sack judges

    Saied's decree came a week after he said he would dissolve the High Judicial Council (CSM), prompting a nationwide shutdown...

    Saied last July sacked the government, suspended parliament and seized a range of powers before moving to rule by decree.

    He has long accused the CSM of blocking politically sensitive investigations and being influenced by his nemesis, the Islamist-inspired Ennahdha party.

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